The Sherwin-Williams Company (NYSE:SHW) Shares Purchased by Valmark Advisers Inc.

Valmark Advisers Inc. grew its position in shares of The Sherwin-Williams Company (NYSE:SHW) by 34.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 892 shares of the specialty chemicals company’s stock after purchasing an additional 231 shares during the quarter. Valmark Advisers Inc.’s holdings in Sherwin-Williams were worth $303,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. FMR LLC lifted its holdings in Sherwin-Williams by 18.2% in the 3rd quarter. FMR LLC now owns 6,482,662 shares of the specialty chemicals company’s stock valued at $2,474,238,000 after acquiring an additional 999,164 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Sherwin-Williams by 1.3% in the 3rd quarter. Geode Capital Management LLC now owns 4,733,131 shares of the specialty chemicals company’s stock worth $1,799,196,000 after purchasing an additional 58,463 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Sherwin-Williams by 1.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,421,090 shares of the specialty chemicals company’s stock valued at $542,387,000 after purchasing an additional 15,843 shares during the last quarter. Franklin Resources Inc. lifted its stake in Sherwin-Williams by 5.8% during the third quarter. Franklin Resources Inc. now owns 1,412,722 shares of the specialty chemicals company’s stock valued at $542,711,000 after purchasing an additional 78,075 shares during the last quarter. Finally, PineStone Asset Management Inc. boosted its holdings in Sherwin-Williams by 3.8% during the fourth quarter. PineStone Asset Management Inc. now owns 1,124,999 shares of the specialty chemicals company’s stock worth $382,421,000 after buying an additional 40,825 shares in the last quarter. Institutional investors own 77.67% of the company’s stock.

Insider Buying and Selling at Sherwin-Williams

In related news, SVP Mary L. Garceau sold 15,770 shares of the firm’s stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $397.92, for a total value of $6,275,198.40. Following the transaction, the senior vice president now directly owns 29,205 shares of the company’s stock, valued at approximately $11,621,253.60. This trade represents a 35.06 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.60% of the company’s stock.

Sherwin-Williams Trading Down 1.1 %

Shares of NYSE SHW opened at $352.98 on Wednesday. The stock has a market cap of $88.90 billion, a price-to-earnings ratio of 33.46, a PEG ratio of 3.15 and a beta of 1.22. The business has a 50 day simple moving average of $352.57 and a 200 day simple moving average of $365.36. The company has a debt-to-equity ratio of 2.02, a quick ratio of 0.46 and a current ratio of 0.79. The Sherwin-Williams Company has a 52 week low of $282.09 and a 52 week high of $400.42.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings results on Thursday, January 30th. The specialty chemicals company reported $2.09 EPS for the quarter, topping the consensus estimate 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 quarter last year, the business posted $1.81 EPS. On average, research analysts predict that The Sherwin-Williams Company will post 12 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

SHW has been the subject of several research reports. Barclays raised their price objective on Sherwin-Williams from $355.00 to $370.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 23rd. Citigroup decreased their price target on Sherwin-Williams from $430.00 to $420.00 and set a “buy” rating for the company in a research report on Thursday, October 24th. Royal Bank of Canada cut their price objective on Sherwin-Williams from $438.00 to $415.00 and set an “outperform” rating on the stock in a report on Monday, February 3rd. Zelman & Associates upgraded shares of Sherwin-Williams to a “strong-buy” rating in a report on Friday, January 17th. Finally, StockNews.com lowered shares of Sherwin-Williams from a “buy” rating to a “hold” rating in a report on Thursday, November 28th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Sherwin-Williams currently has a consensus rating of “Moderate Buy” and an average target price 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.