The Sherwin-Williams Company (NYSE:SHW) Shares Purchased by Leavell Investment Management Inc.

Leavell Investment Management Inc. grew its position in shares of The Sherwin-Williams Company (NYSE:SHW) by 4.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,121 shares of the specialty chemicals company’s stock after purchasing an additional 185 shares during the period. Leavell Investment Management Inc.’s holdings in Sherwin-Williams were worth $1,401,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in SHW. Valued Wealth Advisors LLC increased 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 period. First Personal Financial Services purchased a new stake in shares of Sherwin-Williams during the third quarter worth about $29,000. FSA Wealth Management LLC acquired a new position in shares of Sherwin-Williams in the third quarter worth about $32,000. GHP Investment Advisors Inc. boosted its holdings in Sherwin-Williams by 47.5% in the third quarter. GHP Investment Advisors Inc. now owns 87 shares of the specialty chemicals company’s stock valued at $33,000 after purchasing an additional 28 shares during the last quarter. Finally, Capital Performance Advisors LLP acquired a new stake in Sherwin-Williams during the 3rd quarter valued at approximately $38,000. 77.67% of the stock is owned by institutional investors and hedge funds.

Sherwin-Williams Stock Performance

Shares of SHW stock opened at $355.38 on Thursday. The business has a 50 day simple moving average of $354.72 and a 200 day simple moving average of $365.19. The company has a debt-to-equity ratio of 2.02, a current ratio of 0.79 and a quick ratio of 0.46. The firm has a market capitalization of $89.50 billion, a price-to-earnings ratio of 33.69, a price-to-earnings-growth ratio of 3.15 and a beta of 1.22. The Sherwin-Williams Company has a 12-month low of $282.09 and a 12-month high of $400.42.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings results on Thursday, January 30th. The specialty chemicals company reported $2.09 earnings per share (EPS) for the quarter, topping 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 business earned $1.81 earnings per share. On average, equities research analysts anticipate that The Sherwin-Williams Company will post 12 EPS for the current year.

Insider Buying and Selling at Sherwin-Williams

In related news, SVP Gregory P. Sofish sold 2,565 shares of Sherwin-Williams stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $378.63, for a total transaction of $971,185.95. Following the transaction, the senior vice president now directly owns 6,329 shares of the company’s stock, valued at $2,396,349.27. The trade was a 28.84 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 transaction of $6,275,198.40. Following the completion of the sale, the senior vice president now directly owns 29,205 shares of the company’s stock, 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. 0.60% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

SHW has been the subject of several research analyst reports. Royal Bank of Canada reduced their target price on Sherwin-Williams from $438.00 to $415.00 and set an “outperform” rating for the company in a research note on Monday, February 3rd. Citigroup reduced their price objective on shares of Sherwin-Williams from $430.00 to $420.00 and set a “buy” rating on the stock in a research note on Thursday, October 24th. Berenberg Bank raised shares of Sherwin-Williams from a “hold” rating to a “buy” rating and boosted their target price for the stock from $321.00 to $420.00 in a research report on Friday, January 24th. Morgan Stanley reduced their price target on shares of Sherwin-Williams from $450.00 to $405.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 28th. Finally, Barclays boosted their price objective on Sherwin-Williams from $355.00 to $370.00 and gave the company an “equal weight” rating in a report on Wednesday, October 23rd. One research analyst has rated the stock with a sell rating, six have given a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $400.00.

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.