Cottonwood Capital Advisors LLC Purchases Shares of 669 The Sherwin-Williams Company (NYSE:SHW)

Cottonwood Capital Advisors LLC purchased a new position in The Sherwin-Williams Company (NYSE:SHW) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 669 shares of the specialty chemicals company’s stock, valued at approximately $227,000.

Several other institutional investors and hedge funds also recently made changes to their positions in SHW. Nations Financial Group Inc. IA ADV raised its holdings in Sherwin-Williams by 13.0% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 1,818 shares of the specialty chemicals company’s stock valued at $694,000 after acquiring an additional 209 shares in the last quarter. Tamar Securities LLC raised its stake in shares of Sherwin-Williams by 3.4% in the third quarter. Tamar Securities LLC now owns 48,753 shares of the specialty chemicals company’s stock valued at $18,608,000 after purchasing an additional 1,604 shares in the last quarter. Park Avenue Securities LLC boosted its stake in Sherwin-Williams by 52.6% during the fourth quarter. Park Avenue Securities LLC now owns 6,680 shares of the specialty chemicals company’s stock worth $2,271,000 after buying an additional 2,303 shares in the last quarter. Burney Co. increased its holdings in Sherwin-Williams by 4.6% in the 4th quarter. Burney Co. now owns 17,272 shares of the specialty chemicals company’s stock valued at $5,871,000 after buying an additional 766 shares during the period. Finally, Swedbank AB raised its stake in shares of Sherwin-Williams by 4.2% in the 3rd quarter. Swedbank AB now owns 117,055 shares of the specialty chemicals company’s stock valued at $44,676,000 after buying an additional 4,681 shares in the last quarter. Institutional investors own 77.67% of the company’s stock.

Insider Activity at Sherwin-Williams

In other news, SVP Mary L. Garceau sold 15,770 shares of the stock in a transaction 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 owns 29,205 shares of the company’s stock, valued at $11,621,253.60. This represents a 35.06 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Gregory P. Sofish sold 2,565 shares of Sherwin-Williams stock in a transaction on Monday, November 18th. The stock was sold at an average price of $378.63, for a total value of $971,185.95. Following the sale, the senior vice president now directly owns 6,329 shares of the company’s stock, valued at approximately $2,396,349.27. This trade represents a 28.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.60% of the stock is currently owned by company insiders.

Sherwin-Williams Trading Down 0.3 %

Shares of SHW opened at $360.06 on Friday. The stock’s fifty day simple moving average is $361.60 and its 200-day simple moving average is $361.13. The firm has a market capitalization of $90.68 billion, a PE ratio of 35.86, a price-to-earnings-growth ratio of 2.78 and a beta of 1.22. The Sherwin-Williams Company has a 12-month low of $282.09 and a 12-month high of $400.42. The company has a quick ratio of 0.51, a current ratio of 0.83 and a debt-to-equity ratio of 1.97.

Sherwin-Williams (NYSE:SHW) last released its earnings results on Tuesday, October 22nd. The specialty chemicals company reported $3.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.56 by ($0.19). Sherwin-Williams had a net margin of 11.09% and a return on equity of 74.45%. The business had revenue of $6.16 billion for the quarter, compared to analyst estimates of $6.20 billion. During the same quarter in the previous year, the company posted $3.20 earnings per share. The business’s revenue for the quarter was up .7% on a year-over-year basis. As a group, research analysts predict that The Sherwin-Williams Company will post 11.32 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on SHW shares. UBS Group reissued an “underperform” rating on shares of Sherwin-Williams in a research note on Friday, October 18th. Royal Bank of Canada dropped their target price on Sherwin-Williams from $455.00 to $446.00 and set an “outperform” rating for the company in a report on Thursday, October 24th. Citigroup decreased their price target on Sherwin-Williams from $430.00 to $420.00 and set a “buy” rating on the stock in a research note on Thursday, October 24th. BMO Capital Markets increased their price objective on Sherwin-Williams from $400.00 to $425.00 and gave the stock an “outperform” rating in a research note on Monday, September 30th. Finally, StockNews.com downgraded shares of Sherwin-Williams from a “buy” rating to a “hold” rating in a research note on Thursday, November 28th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $403.29.

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.