Vontobel Holding Ltd. Has $47.35 Million Stock Holdings in The Sherwin-Williams Company (NYSE:SHW)

Vontobel Holding Ltd. trimmed its position in The Sherwin-Williams Company (NYSE:SHW - Free Report) by 79.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 139,293 shares of the specialty chemicals company's stock after selling 553,291 shares during the quarter. Vontobel Holding Ltd. owned 0.06% of Sherwin-Williams worth $47,350,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in SHW. Capital Advisors Ltd. LLC raised its position in shares of Sherwin-Williams by 2.4% in the 3rd quarter. Capital Advisors Ltd. LLC now owns 1,201 shares of the specialty chemicals company's stock worth $458,000 after acquiring an additional 28 shares in the last quarter. GHP Investment Advisors Inc. increased its position in 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. Allworth Financial LP increased its position in Sherwin-Williams by 1.8% during the 3rd quarter. Allworth Financial LP now owns 1,560 shares of the specialty chemicals company's stock valued at $595,000 after buying an additional 28 shares in the last quarter. First Interstate Bank increased its position in Sherwin-Williams by 1.9% during the 3rd quarter. First Interstate Bank now owns 1,466 shares of the specialty chemicals company's stock valued at $560,000 after buying an additional 28 shares in the last quarter. Finally, Kornitzer Capital Management Inc. KS increased its position in Sherwin-Williams by 4.2% during the 3rd quarter. Kornitzer Capital Management Inc. KS now owns 720 shares of the specialty chemicals company's stock valued at $275,000 after buying an additional 29 shares in the last quarter. 77.67% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Sherwin-Williams

In other Sherwin-Williams news, SVP Mary L. Garceau sold 15,770 shares of the firm's stock in a transaction on 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 sale, the senior vice president now owns 29,205 shares of the company's stock, valued at $11,621,253.60. This trade represents a 35.06 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.60% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Berenberg Bank raised Sherwin-Williams from a "hold" rating to a "buy" rating and upped their target price for the company from $321.00 to $420.00 in a research report on Friday, January 24th. 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 research report on Tuesday, January 28th. StockNews.com lowered Sherwin-Williams from a "buy" rating to a "hold" rating in a report on Thursday, November 28th. Citigroup cut their price objective on Sherwin-Williams from $430.00 to $420.00 and set a "buy" rating on the stock in a report on Thursday, October 24th. Finally, Zelman & Associates raised Sherwin-Williams to a "strong-buy" rating in a report on Friday, January 17th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $400.00.

Sherwin-Williams Price Performance

Shares of NYSE SHW traded down $3.89 during midday trading on Tuesday, hitting $352.98. The stock had a trading volume of 1,498,603 shares, compared to its average volume of 1,592,436. The company has a market capitalization of $88.90 billion, a PE ratio of 33.46, a P/E/G ratio of 3.15 and a beta of 1.22. The stock has a 50 day simple moving average of $352.57 and a 200-day simple moving average of $365.36. The Sherwin-Williams Company has a 1 year low of $282.09 and a 1 year high of $400.42. 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 - Get Free Report) last posted 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 74.50% and a net margin of 11.61%. During the same period in the previous year, the firm earned $1.81 earnings per share. On average, sell-side analysts expect that The Sherwin-Williams Company will post 12 EPS for the current fiscal year.

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.