The Sherwin-Williams Company (NYSE:SHW) Shares Sold by Eagle Bluffs Wealth Management LLC

Eagle Bluffs Wealth Management LLC lessened its holdings in The Sherwin-Williams Company (NYSE:SHW) by 3.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,522 shares of the specialty chemicals company’s stock after selling 78 shares during the quarter. Eagle Bluffs Wealth Management LLC’s holdings in Sherwin-Williams were worth $857,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in SHW. Valued Wealth Advisors LLC boosted its holdings in Sherwin-Williams by 88.9% in the third quarter. Valued Wealth Advisors LLC now owns 68 shares of the specialty chemicals company’s stock worth $26,000 after acquiring an additional 32 shares in the last quarter. First Personal Financial Services acquired a new stake in Sherwin-Williams in the third quarter worth about $29,000. FSA Wealth Management LLC acquired a new stake in shares of Sherwin-Williams during the third quarter worth about $32,000. GHP Investment Advisors Inc. lifted its holdings in shares of Sherwin-Williams by 47.5% during the third quarter. GHP Investment Advisors Inc. now owns 87 shares of the specialty chemicals company’s stock worth $33,000 after purchasing an additional 28 shares during the period. Finally, Capital Performance Advisors LLP acquired a new stake in shares of Sherwin-Williams during the third quarter worth about $38,000. Institutional investors and hedge funds own 77.67% of the company’s stock.

Sherwin-Williams Stock Performance

Shares of Sherwin-Williams stock opened at $358.23 on Friday. The Sherwin-Williams Company has a 52 week low of $282.09 and a 52 week high of $400.42. The business’s fifty day simple moving average is $359.64 and its 200-day simple moving average is $363.34. The firm has a market cap of $90.22 billion, a PE ratio of 35.68, a price-to-earnings-growth ratio of 2.82 and a beta of 1.22. 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 announced its quarterly earnings results on Thursday, January 30th. The specialty chemicals company reported $2.09 EPS for the quarter, beating the consensus estimate of $2.07 by $0.02. Sherwin-Williams had a return on equity of 74.45% and a net margin of 11.09%. During the same period last year, the firm posted $1.81 EPS. Equities analysts forecast that The Sherwin-Williams Company will post 11.31 earnings per share for the current year.

Insider Buying and Selling

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

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. UBS Group reaffirmed an “underperform” rating on shares of Sherwin-Williams in a report on Friday, October 18th. StockNews.com downgraded Sherwin-Williams from a “buy” rating to a “hold” rating in a report on Thursday, November 28th. JPMorgan Chase & Co. lifted their target price on Sherwin-Williams from $360.00 to $370.00 and gave the stock an “overweight” rating in a report on Wednesday, October 23rd. Citigroup decreased their target price on Sherwin-Williams from $430.00 to $420.00 and set a “buy” rating for the company in a report on Thursday, October 24th. Finally, Barclays boosted their price target on Sherwin-Williams from $355.00 to $370.00 and gave the company an “equal weight” rating in a report on Wednesday, October 23rd. One research analyst has rated the stock with a sell rating, six have given a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $400.65.

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.