Bensler LLC Grows Position in The Sherwin-Williams Company (NYSE:SHW)

Bensler LLC increased its position in shares of The Sherwin-Williams Company (NYSE:SHW) by 1.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 23,258 shares of the specialty chemicals company’s stock after buying an additional 427 shares during the quarter. Bensler LLC’s holdings in Sherwin-Williams were worth $7,906,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Valued Wealth Advisors LLC grew its stake in Sherwin-Williams by 88.9% during 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 last quarter. First Personal Financial Services purchased a new position in Sherwin-Williams during the 3rd quarter worth approximately $29,000. FSA Wealth Management LLC purchased a new position in Sherwin-Williams during the 3rd quarter worth approximately $32,000. GHP Investment Advisors Inc. grew its stake 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 worth $33,000 after buying an additional 28 shares during the last quarter. Finally, Capital Performance Advisors LLP purchased a new position in Sherwin-Williams during the 3rd quarter worth approximately $38,000. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on SHW. JPMorgan Chase & Co. raised their price target on Sherwin-Williams from $360.00 to $370.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 23rd. Barclays increased their price objective on Sherwin-Williams from $355.00 to $370.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 23rd. KeyCorp reaffirmed a “sector weight” rating on shares of Sherwin-Williams in a research report on Monday, October 7th. Zelman & Associates raised Sherwin-Williams to a “strong-buy” rating in a research report on Friday, January 17th. Finally, Mizuho decreased their price objective on Sherwin-Williams from $435.00 to $408.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, six have issued a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Sherwin-Williams has a consensus rating of “Moderate Buy” and a consensus target price of $400.65.

Sherwin-Williams Stock Performance

Sherwin-Williams stock opened at $362.67 on Tuesday. The company has a debt-to-equity ratio of 1.97, a quick ratio of 0.51 and a current ratio of 0.83. The stock has a fifty day moving average of $361.22 and a two-hundred day moving average of $362.38. The company has a market capitalization of $91.34 billion, a price-to-earnings ratio of 36.18, a PEG ratio of 2.78 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.

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 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 transaction, the senior vice president now 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 transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Gregory P. Sofish sold 2,565 shares of Sherwin-Williams stock in a transaction on 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 sale, the senior vice president now directly owns 6,329 shares of the company’s stock, valued at approximately $2,396,349.27. This represents a 28.84 % decrease in their position. The disclosure for this sale can be found here. 0.60% of the stock is currently owned by company insiders.

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.