The Sherwin-Williams Company (NYSE:SHW) Shares Bought by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC increased its position in The Sherwin-Williams Company (NYSE:SHW - Free Report) by 700.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,943 shares of the specialty chemicals company's stock after acquiring an additional 12,201 shares during the quarter. Ameritas Advisory Services LLC's holdings in Sherwin-Williams were worth $4,740,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SHW. Valued Wealth Advisors LLC boosted its holdings in Sherwin-Williams by 88.9% in the 3rd quarter. Valued Wealth Advisors LLC now owns 68 shares of the specialty chemicals company's stock worth $26,000 after buying an additional 32 shares during the period. First Personal Financial Services purchased a new position in Sherwin-Williams during the 3rd quarter valued at approximately $29,000. FSA Wealth Management LLC bought a new stake in Sherwin-Williams in the third quarter worth $32,000. GHP Investment Advisors Inc. raised its position in shares of Sherwin-Williams by 47.5% during the 3rd quarter. GHP Investment Advisors Inc. now owns 87 shares of the specialty chemicals company's stock valued at $33,000 after buying an additional 28 shares in the last quarter. Finally, True Wealth Design LLC lifted its stake in shares of Sherwin-Williams by 1,000.0% in the 3rd quarter. True Wealth Design LLC now owns 99 shares of the specialty chemicals company's stock valued at $38,000 after purchasing an additional 90 shares during the last quarter. Institutional investors own 77.67% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently commented on SHW shares. UBS Group reiterated an "underperform" rating on shares of Sherwin-Williams in a report on Friday, October 18th. Morgan Stanley upped their price objective on shares of Sherwin-Williams from $375.00 to $450.00 and gave the stock an "overweight" rating in a research note on Friday, October 18th. Citigroup reduced their price target on shares of Sherwin-Williams from $430.00 to $420.00 and set a "buy" rating for the company in a report on Thursday, October 24th. StockNews.com lowered shares of Sherwin-Williams from a "buy" rating to a "hold" rating in a research report on Thursday, November 28th. Finally, Wells Fargo & Company increased their price objective on Sherwin-Williams from $350.00 to $400.00 and gave the company an "equal weight" rating in a report on Tuesday, October 15th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $402.25.

Insiders Place Their Bets

In other Sherwin-Williams 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 sale, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Gregory P. Sofish sold 2,565 shares of the company'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 transaction, the senior vice president now directly owns 6,329 shares of the company's stock, valued at approximately $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.

Sherwin-Williams Stock Performance

Shares of SHW stock traded down $0.20 on Friday, hitting $353.97. The company had a trading volume of 2,392,508 shares, compared to its average volume of 1,288,421. The firm has a market cap of $89.15 billion, a P/E ratio of 35.26, a price-to-earnings-growth ratio of 2.39 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 company has a 50-day moving average price of $363.89 and a 200-day moving average price of $359.85. 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 - Get Free Report) last released its quarterly earnings data on Tuesday, October 22nd. The specialty chemicals company reported $3.37 EPS for the quarter, missing the consensus estimate of $3.56 by ($0.19). Sherwin-Williams had a return on equity of 74.45% and a net margin of 11.09%. The company had revenue of $6.16 billion during the quarter, compared to analysts' expectations of $6.20 billion. During the same quarter in the prior year, the company posted $3.20 EPS. The company's revenue for the quarter was up .7% on a year-over-year basis. As a group, equities research analysts predict that The Sherwin-Williams Company will post 11.32 earnings per share for the current fiscal year.

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.