Catalyst Financial Partners LLC Grows Stock Holdings in The Sherwin-Williams Company (NYSE:SHW)

Catalyst Financial Partners LLC grew its holdings in shares of The Sherwin-Williams Company (NYSE:SHW) by 6.4% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 827 shares of the specialty chemicals company’s stock after purchasing an additional 50 shares during the period. Catalyst Financial Partners LLC’s holdings in Sherwin-Williams were worth $281,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Valued Wealth Advisors LLC grew its stake in Sherwin-Williams by 88.9% during the third 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 Sherwin-Williams during the third quarter worth approximately $29,000. FSA Wealth Management LLC purchased a new stake in Sherwin-Williams during the third quarter worth approximately $32,000. GHP Investment Advisors Inc. grew its stake in 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 during the period. Finally, True Wealth Design LLC boosted its stake in shares of Sherwin-Williams by 1,000.0% in the third quarter. True Wealth Design LLC now owns 99 shares of the specialty chemicals company’s stock valued at $38,000 after purchasing an additional 90 shares during the period. 77.67% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently weighed in on SHW. Evercore ISI upped their target price 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. Mizuho decreased their target price on shares of Sherwin-Williams from $435.00 to $408.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. Berenberg Bank upgraded shares of 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 note on Friday, January 24th. Royal Bank of Canada decreased their target price on shares of Sherwin-Williams from $438.00 to $415.00 and set an “outperform” rating for the company in a research note on Monday, February 3rd. Finally, Robert W. Baird increased their price objective on shares of Sherwin-Williams from $350.00 to $360.00 and gave the company a “neutral” rating in a research note on Wednesday, October 23rd. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Sherwin-Williams presently has an average rating of “Moderate Buy” and an average price target of $400.00.

Sherwin-Williams Stock Down 1.2 %

SHW stock opened at $356.93 on Friday. 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 fifty-two week low of $282.09 and a fifty-two week high of $400.42. The firm’s 50-day simple moving average is $353.51 and its 200 day simple moving average is $365.09. The stock has a market cap of $89.89 billion, a PE ratio of 33.83, a price-to-earnings-growth ratio of 3.15 and a beta of 1.22.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings data 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 11.61% and a return on equity of 74.50%. During the same period in the previous year, the firm posted $1.81 EPS. As a group, sell-side analysts predict that The Sherwin-Williams Company will post 12 EPS for the current year.

Insider Activity at Sherwin-Williams

In other news, SVP Mary L. Garceau sold 15,770 shares of Sherwin-Williams stock in a transaction that occurred on 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 transaction, the senior vice president now directly 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 SEC, which is available at this link. Also, SVP Gregory P. Sofish sold 2,565 shares of Sherwin-Williams stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $378.63, for a total transaction of $971,185.95. Following the completion of the transaction, 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 ownership of the stock. The disclosure for this sale can be found here. 0.60% of the stock is currently owned by insiders.

About Sherwin-Williams

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.