Regents Gate Capital LLP Buys New Holdings in The Sherwin-Williams Company (NYSE:SHW)

Regents Gate Capital LLP bought a new position in The Sherwin-Williams Company (NYSE:SHW) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 6,801 shares of the specialty chemicals company’s stock, valued at approximately $2,312,000.

A number of other institutional investors have also recently bought and sold shares of SHW. CWM LLC boosted its stake in Sherwin-Williams by 15.9% in the 3rd quarter. CWM LLC now owns 8,740 shares of the specialty chemicals company’s stock valued at $3,336,000 after buying an additional 1,198 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt boosted its stake in shares of Sherwin-Williams by 308.8% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 1,713 shares of the specialty chemicals company’s stock valued at $653,000 after purchasing an additional 1,294 shares in the last quarter. Valeo Financial Advisors LLC grew its holdings in shares of Sherwin-Williams by 8.8% in the 3rd quarter. Valeo Financial Advisors LLC now owns 2,868 shares of the specialty chemicals company’s stock worth $1,095,000 after purchasing an additional 232 shares during the last quarter. Ritholtz Wealth Management increased its position in shares of Sherwin-Williams by 41.2% during the 3rd quarter. Ritholtz Wealth Management now owns 9,328 shares of the specialty chemicals company’s stock worth $3,560,000 after purchasing an additional 2,720 shares in the last quarter. Finally, Exchange Traded Concepts LLC lifted its holdings in Sherwin-Williams by 135.6% during the 3rd quarter. Exchange Traded Concepts LLC now owns 238 shares of the specialty chemicals company’s stock valued at $91,000 after purchasing an additional 137 shares during the last quarter. Institutional investors and hedge funds own 77.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Morgan Stanley reduced their target price on Sherwin-Williams from $450.00 to $405.00 and set an “overweight” rating on the stock in a report on Tuesday, January 28th. Citigroup reduced their price objective 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. Royal Bank of Canada lowered their target price on Sherwin-Williams from $438.00 to $415.00 and set an “outperform” rating for the company in a research note 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, UBS Group reissued an “underperform” rating on shares of Sherwin-Williams in a report on Friday, October 18th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $400.00.

Sherwin-Williams Stock Down 1.2 %

SHW stock opened at $360.74 on Monday. The company has a market cap of $90.85 billion, a price-to-earnings ratio of 34.19, a P/E/G ratio of 3.15 and a beta of 1.22. The Sherwin-Williams Company has a twelve month low of $282.09 and a twelve month high of $400.42. The business has a 50 day moving average price of $356.13 and a two-hundred day moving average price of $364.75. 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 posted its quarterly earnings results on Thursday, January 30th. The specialty chemicals company reported $2.09 earnings per share (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 company earned $1.81 EPS. Analysts anticipate that The Sherwin-Williams Company will post 12 EPS for the current fiscal year.

Insider Activity at Sherwin-Williams

In other news, SVP Gregory P. Sofish sold 2,565 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the senior vice president now directly owns 6,329 shares of the company’s stock, valued at $2,396,349.27. This trade represents a 28.84 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, 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 value of $6,275,198.40. Following the transaction, the senior vice president now directly owns 29,205 shares in the company, valued at $11,621,253.60. The trade was a 35.06 % 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 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.