Kestra Private Wealth Services LLC Acquires 1,864 Shares of The Sherwin-Williams Company (NYSE:SHW)

Kestra Private Wealth Services LLC increased its holdings in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) by 22.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,355 shares of the specialty chemicals company's stock after acquiring an additional 1,864 shares during the period. Kestra Private Wealth Services LLC's holdings in Sherwin-Williams were worth $3,520,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Valued Wealth Advisors LLC grew 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 valued at $26,000 after purchasing an additional 32 shares during the last quarter. First Personal Financial Services purchased a new position in Sherwin-Williams during the third quarter worth about $29,000. FSA Wealth Management LLC purchased a new position in shares of Sherwin-Williams in the 3rd quarter worth about $32,000. GHP Investment Advisors Inc. raised its holdings in shares of Sherwin-Williams by 47.5% in the 3rd 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 purchased a new position in shares of Sherwin-Williams in the 3rd quarter worth about $38,000. Institutional investors and hedge funds own 77.67% of the company's stock.

Sherwin-Williams Price Performance

Shares of NYSE:SHW traded down $4.20 during trading hours on Friday, hitting $356.93. 1,871,972 shares of the company's stock traded hands, compared to its average volume of 1,595,566. The Sherwin-Williams Company has a 52 week low of $282.09 and a 52 week high of $400.42. The company has a debt-to-equity ratio of 2.02, a quick ratio of 0.46 and a current ratio of 0.79. The company's fifty day simple moving average is $353.51 and its two-hundred day simple moving average is $365.09. The company has a market cap of $89.89 billion, a price-to-earnings ratio of 33.83, a price-to-earnings-growth ratio of 3.15 and a beta of 1.22.

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Sherwin-Williams (NYSE:SHW - Get Free Report) last posted its quarterly earnings data on Thursday, January 30th. The specialty chemicals company reported $2.09 earnings per share for the quarter, beating 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 business posted $1.81 earnings per share. As a group, equities analysts anticipate that The Sherwin-Williams Company will post 12 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. StockNews.com lowered Sherwin-Williams from a "buy" rating to a "hold" rating in a research report on Thursday, November 28th. Barclays increased their price objective on shares of Sherwin-Williams from $355.00 to $370.00 and gave the company an "equal weight" rating in a research note on Wednesday, October 23rd. Morgan Stanley reduced their price objective on shares of Sherwin-Williams from $450.00 to $405.00 and set an "overweight" rating on the stock in a research note on Tuesday, January 28th. JPMorgan Chase & Co. increased their target price on shares of Sherwin-Williams from $370.00 to $390.00 and gave the stock an "overweight" rating in a report on Monday, February 3rd. Finally, Robert W. Baird increased their price objective on shares of Sherwin-Williams from $350.00 to $360.00 and gave the stock a "neutral" rating in a report on Wednesday, October 23rd. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Sherwin-Williams presently has an average rating of "Moderate Buy" and a consensus target price of $400.00.

Insiders Place Their Bets

In other Sherwin-Williams news, SVP Gregory P. Sofish sold 2,565 shares of the firm's stock in a transaction dated 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 in the company, valued at $2,396,349.27. This trade represents a 28.84 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Mary L. Garceau sold 15,770 shares of the firm's stock in a transaction dated 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 completion of the transaction, the senior vice president now owns 29,205 shares of the company's stock, valued at approximately $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. Corporate insiders own 0.60% of the company's stock.

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.