The Sherwin-Williams Company (NYSE:SHW) Stake Trimmed by Slow Capital Inc.

Slow Capital Inc. lowered its position in The Sherwin-Williams Company (NYSE:SHW - Free Report) by 6.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,999 shares of the specialty chemicals company's stock after selling 781 shares during the period. Slow Capital Inc.'s holdings in Sherwin-Williams were worth $4,079,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of SHW. Valued Wealth Advisors LLC lifted its position in shares of 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 acquiring an additional 32 shares in the last quarter. First Personal Financial Services purchased a new position in Sherwin-Williams in the 3rd quarter valued at about $29,000. FSA Wealth Management LLC acquired a new stake in shares of Sherwin-Williams during the 3rd quarter worth about $32,000. GHP Investment Advisors Inc. grew 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 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% during the third quarter. True Wealth Design LLC now owns 99 shares of the specialty chemicals company's stock valued at $38,000 after buying an additional 90 shares during the period. 77.67% of the stock is owned by hedge funds and other institutional investors.

Sherwin-Williams Stock Performance

Shares of SHW traded down $7.32 during mid-day trading on Friday, hitting $358.23. The stock had a trading volume of 1,739,208 shares, compared to its average volume of 1,673,500. The company has a quick ratio of 0.51, a current ratio of 0.83 and a debt-to-equity ratio of 1.97. The company has a market cap of $90.22 billion, a PE ratio of 35.68, a PEG ratio of 2.82 and a beta of 1.22. The Sherwin-Williams Company has a fifty-two week low of $282.09 and a fifty-two week high of $400.42. The company's fifty day simple moving average is $360.24 and its two-hundred day simple moving average is $363.06.

Sherwin-Williams (NYSE:SHW - Get Free Report) last issued its earnings results on Thursday, January 30th. The specialty chemicals company reported $2.09 earnings per share for the quarter, topping analysts' consensus estimates of $2.07 by $0.02. Sherwin-Williams had a net margin of 11.09% and a return on equity of 74.45%. During the same quarter in the previous year, the business earned $1.81 EPS. On average, equities analysts expect that The Sherwin-Williams Company will post 11.31 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have commented on SHW shares. Evercore ISI lifted their target price on shares of Sherwin-Williams from $400.00 to $420.00 and gave the stock an "outperform" rating in a research note on Thursday, November 7th. Mizuho decreased their price target on Sherwin-Williams from $435.00 to $408.00 and set an "outperform" rating on the stock in a research note on Tuesday, January 7th. Morgan Stanley cut their price objective on shares of Sherwin-Williams from $450.00 to $405.00 and set an "overweight" rating on the stock in a report on Tuesday. Royal Bank of Canada lowered their target price on shares of Sherwin-Williams from $455.00 to $446.00 and set an "outperform" rating for the company in a report on Thursday, October 24th. Finally, Berenberg Bank raised shares of Sherwin-Williams from a "hold" rating to a "buy" rating and boosted their price objective for the company from $321.00 to $420.00 in a research note on Friday, January 24th. One analyst has rated the stock with a sell rating, six have given a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $400.65.

Insider Buying and Selling at Sherwin-Williams

In other Sherwin-Williams news, SVP Mary L. Garceau sold 15,770 shares of the company's stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $397.92, for a total value of $6,275,198.40. Following the completion of the transaction, the senior vice president now owns 29,205 shares in the company, valued at approximately $11,621,253.60. This represents a 35.06 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Gregory P. Sofish sold 2,565 shares of the business'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 owns 6,329 shares of the company's stock, valued at approximately $2,396,349.27. This 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 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.