The Sherwin-Williams Company (NYSE:SHW) Shares Purchased by Sapient Capital LLC

Sapient Capital LLC increased its position in shares of The Sherwin-Williams Company (NYSE:SHW) by 0.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 9,389 shares of the specialty chemicals company’s stock after acquiring an additional 74 shares during the quarter. Sapient Capital LLC’s holdings in Sherwin-Williams were worth $3,192,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. FMR LLC grew its stake in shares of Sherwin-Williams by 18.2% in the third quarter. FMR LLC now owns 6,482,662 shares of the specialty chemicals company’s stock worth $2,474,238,000 after acquiring an additional 999,164 shares in the last quarter. Geode Capital Management LLC increased its holdings in Sherwin-Williams by 1.3% during 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 during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of Sherwin-Williams by 1.1% in the 3rd 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 buying an additional 15,843 shares during the period. Franklin Resources Inc. grew its position in shares of 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 worth $542,711,000 after buying an additional 78,075 shares in the last quarter. Finally, Principal Financial Group Inc. increased its stake in shares of Sherwin-Williams by 1.0% during the third quarter. Principal Financial Group Inc. now owns 1,047,174 shares of the specialty chemicals company’s stock worth $399,675,000 after buying an additional 10,709 shares during the period. 77.67% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, SVP Mary L. Garceau sold 15,770 shares of the business’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 transaction of $6,275,198.40. Following the sale, the senior vice president now owns 29,205 shares of the company’s stock, valued at $11,621,253.60. The trade was a 35.06 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Gregory P. Sofish sold 2,565 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $378.63, for a total value of $971,185.95. Following the completion of the transaction, the senior vice president now directly owns 6,329 shares of the company’s stock, valued at $2,396,349.27. The trade was a 28.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.60% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on the stock. StockNews.com cut shares of Sherwin-Williams from a “buy” rating to a “hold” rating in a report on Thursday, November 28th. Robert W. Baird raised their price target on Sherwin-Williams from $350.00 to $360.00 and gave the company a “neutral” rating in a research note on Wednesday, October 23rd. Wells Fargo & Company upped their price objective on Sherwin-Williams from $350.00 to $400.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 15th. Barclays raised their target price on Sherwin-Williams from $355.00 to $370.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 23rd. Finally, Zelman & Associates raised shares of Sherwin-Williams to a “strong-buy” rating in a report on Friday, January 17th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $400.00.

Sherwin-Williams Stock Down 0.3 %

SHW opened at $359.33 on Tuesday. The business has a 50 day moving average price of $356.13 and a two-hundred day moving average price of $364.98. The Sherwin-Williams Company has a 52 week low of $282.09 and a 52 week high of $400.42. The company has a market cap of $90.50 billion, a PE ratio of 34.06, a P/E/G ratio of 3.15 and a beta of 1.22. The company has a quick ratio of 0.46, a current ratio of 0.79 and a debt-to-equity ratio of 2.02.

Sherwin-Williams (NYSE:SHW) last issued its quarterly earnings results on Thursday, January 30th. The specialty chemicals company reported $2.09 earnings per share for the quarter, topping the consensus estimate of $2.07 by $0.02. Sherwin-Williams had a return on equity of 74.50% and a net margin of 11.61%. During the same quarter in the prior year, the firm earned $1.81 earnings per share. As a group, research analysts anticipate that The Sherwin-Williams Company will post 12 EPS for the current year.

Sherwin-Williams 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.