The Sherwin-Williams Company (NYSE:SHW) Shares Sold by Mather Group LLC.

Mather Group LLC. cut its holdings in shares of The Sherwin-Williams Company (NYSE:SHW) by 6.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,915 shares of the specialty chemicals company’s stock after selling 122 shares during the period. Mather Group LLC.’s holdings in Sherwin-Williams were worth $651,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SHW. Czech National Bank lifted its position in Sherwin-Williams by 6.4% during the third quarter. Czech National Bank now owns 47,276 shares of the specialty chemicals company’s stock valued at $18,044,000 after purchasing an additional 2,825 shares during the period. Alpha Cubed Investments LLC increased its stake in shares of Sherwin-Williams by 26.7% during the third quarter. Alpha Cubed Investments LLC now owns 1,277 shares of the specialty chemicals company’s stock worth $487,000 after purchasing an additional 269 shares in the last quarter. Atomi Financial Group Inc. grew its stake in Sherwin-Williams by 14.6% during the 3rd quarter. Atomi Financial Group Inc. now owns 4,836 shares of the specialty chemicals company’s stock valued at $1,846,000 after acquiring an additional 615 shares in the last quarter. Brookstone Capital Management grew its stake in Sherwin-Williams by 3.6% during the 3rd quarter. Brookstone Capital Management now owns 5,546 shares of the specialty chemicals company’s stock valued at $2,117,000 after acquiring an additional 191 shares in the last quarter. Finally, Talbot Financial LLC purchased a new stake in Sherwin-Williams during the 3rd quarter valued at about $1,769,000. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, SVP Gregory P. Sofish sold 2,565 shares of the firm’s 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 sale, the senior vice president now directly owns 6,329 shares in the company, valued at approximately $2,396,349.27. This trade represents a 28.84 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Mary L. Garceau sold 15,770 shares of the firm’s stock in a transaction on Tuesday, November 26th. The shares were 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 in the company, valued at $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. Company insiders own 0.60% of the company’s stock.

Sherwin-Williams Stock Performance

Shares of SHW stock opened at $364.41 on Thursday. The company has a quick ratio of 0.46, a current ratio of 0.79 and a debt-to-equity ratio of 2.02. The Sherwin-Williams Company has a 52 week low of $282.09 and a 52 week high of $400.42. The stock has a market capitalization of $91.78 billion, a PE ratio of 34.54, a P/E/G ratio of 2.86 and a beta of 1.22. The firm has a 50 day moving average of $358.05 and a two-hundred day moving average of $364.34.

Sherwin-Williams (NYSE:SHW) last issued 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 net margin of 11.61% and a return on equity of 74.50%. During the same period in the previous year, the firm posted $1.81 earnings per share. On average, research analysts predict that The Sherwin-Williams Company will post 12.12 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently issued reports on SHW. Evercore ISI upped their price objective on shares of Sherwin-Williams from $400.00 to $420.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Robert W. Baird boosted their target price on shares of Sherwin-Williams from $350.00 to $360.00 and gave the company a “neutral” rating in a report on Wednesday, October 23rd. Berenberg Bank upgraded shares of Sherwin-Williams from a “hold” rating to a “buy” rating and boosted their target price for the company from $321.00 to $420.00 in a report on Friday, January 24th. UBS Group reiterated an “underperform” rating on shares of Sherwin-Williams in a report on Friday, October 18th. Finally, Wells Fargo & Company boosted their target price on shares of Sherwin-Williams from $350.00 to $400.00 and gave the company an “equal weight” rating in a report on Tuesday, October 15th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $400.00.

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.