Valeo Financial Advisors LLC Has $1.03 Million Holdings in The Sherwin-Williams Company (NYSE:SHW)

Valeo Financial Advisors LLC increased its position in shares of The Sherwin-Williams Company (NYSE:SHW) by 5.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,024 shares of the specialty chemicals company’s stock after acquiring an additional 156 shares during the quarter. Valeo Financial Advisors LLC’s holdings in Sherwin-Williams were worth $1,028,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. W.H. Cornerstone Investments Inc. grew its position in Sherwin-Williams by 18.8% during the fourth quarter. W.H. Cornerstone Investments Inc. now owns 4,836 shares of the specialty chemicals company’s stock valued at $1,644,000 after purchasing an additional 765 shares in the last quarter. V Square Quantitative Management LLC grew its position in Sherwin-Williams by 16.7% during the fourth quarter. V Square Quantitative Management LLC now owns 1,382 shares of the specialty chemicals company’s stock valued at $470,000 after purchasing an additional 198 shares in the last quarter. Northern Financial Advisors Inc grew its position in Sherwin-Williams by 17.1% during the fourth quarter. Northern Financial Advisors Inc now owns 2,206 shares of the specialty chemicals company’s stock valued at $750,000 after purchasing an additional 322 shares in the last quarter. Catalyst Financial Partners LLC grew its position in Sherwin-Williams by 6.4% during the fourth quarter. Catalyst Financial Partners LLC now owns 827 shares of the specialty chemicals company’s stock valued at $281,000 after purchasing an additional 50 shares in the last quarter. Finally, IMS Capital Management grew its position in Sherwin-Williams by 2.4% during the fourth quarter. IMS Capital Management now owns 1,287 shares of the specialty chemicals company’s stock valued at $437,000 after purchasing an additional 30 shares in the last quarter. 77.67% of the stock is owned by hedge funds and other institutional investors.

Sherwin-Williams Price Performance

NYSE:SHW opened at $356.93 on Monday. The stock has a market cap of $89.89 billion, a P/E ratio of 33.83, a PEG ratio of 3.15 and a beta of 1.22. The Sherwin-Williams Company has a one year low of $282.09 and a one year high of $400.42. The company has a fifty day moving average price of $352.96 and a 200 day moving average price of $365.21. The company has a debt-to-equity ratio of 2.02, a current ratio of 0.79 and a quick ratio of 0.46.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings data on Thursday, January 30th. The specialty chemicals company reported $2.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.07 by $0.02. Sherwin-Williams had a net margin of 11.61% and a return on equity of 74.50%. During the same period in the previous year, the business posted $1.81 earnings per share. Analysts anticipate that The Sherwin-Williams Company will post 12 earnings per share for the current year.

Insider Activity

In other news, SVP Mary L. Garceau sold 15,770 shares of the company’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $397.92, for a total value of $6,275,198.40. Following the sale, the senior vice president now owns 29,205 shares of the company’s stock, valued at approximately $11,621,253.60. This represents a 35.06 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Evercore ISI boosted their target price on shares of Sherwin-Williams from $400.00 to $420.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. Zelman & Associates raised shares of Sherwin-Williams to a “strong-buy” rating in a research report on Friday, January 17th. Royal Bank of Canada decreased their target price on shares of Sherwin-Williams from $438.00 to $415.00 and set an “outperform” rating for the company in a research report on Monday, February 3rd. StockNews.com downgraded shares of Sherwin-Williams from a “buy” rating to a “hold” rating in a research report on Thursday, November 28th. Finally, Morgan Stanley decreased their target price on shares of Sherwin-Williams from $450.00 to $405.00 and set an “overweight” rating for the company in a research report on Tuesday, January 28th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $400.00.

Sherwin-Williams Company Profile

The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coating, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: Paint Stores Group, Consumer Brands Group, and Performance Coatings Group.