The Sherwin-Williams Company (NYSE:SHW) Shares Sold by Montrusco Bolton Investments Inc.

Montrusco Bolton Investments Inc. decreased its holdings in The Sherwin-Williams Company (NYSE:SHW) by 9.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 216,170 shares of the specialty chemicals company’s stock after selling 21,340 shares during the period. Sherwin-Williams makes up approximately 0.9% of Montrusco Bolton Investments Inc.’s investment portfolio, making the stock its 27th largest position. Montrusco Bolton Investments Inc.’s holdings in Sherwin-Williams were worth $73,483,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of SHW. Valued Wealth Advisors LLC boosted 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 last quarter. First Personal Financial Services purchased a new stake in shares of Sherwin-Williams during the 3rd quarter valued at approximately $29,000. FSA Wealth Management LLC acquired a new position in shares of Sherwin-Williams in the 3rd quarter valued at $32,000. GHP Investment Advisors Inc. grew its holdings in shares of 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 purchasing an additional 28 shares during the period. Finally, Capital Performance Advisors LLP acquired a new stake in shares of Sherwin-Williams during the 3rd quarter worth about $38,000. 77.67% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Sherwin-Williams

In other Sherwin-Williams news, SVP Mary L. Garceau sold 15,770 shares of Sherwin-Williams stock in a transaction 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 in the company, valued at approximately $11,621,253.60. The trade was a 35.06 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Gregory P. Sofish sold 2,565 shares of the 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 sale, the senior vice president now owns 6,329 shares of the company’s stock, valued at $2,396,349.27. This trade represents a 28.84 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.60% of the company’s stock.

Sherwin-Williams Stock Up 0.1 %

SHW stock opened at $364.40 on Wednesday. The company has a current ratio of 0.83, a quick ratio of 0.51 and a debt-to-equity ratio of 1.97. The Sherwin-Williams Company has a twelve month low of $282.09 and a twelve month high of $400.42. The stock has a market cap of $91.77 billion, a P/E ratio of 36.29, a PEG ratio of 2.78 and a beta of 1.22. The company’s 50 day moving average is $360.82 and its two-hundred day moving average is $363.06.

Analysts Set New Price Targets

SHW has been the topic of a number of research analyst reports. 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 note on Tuesday. UBS Group reissued an “underperform” rating on shares of Sherwin-Williams in a research report on Friday, October 18th. Mizuho lowered their price target 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. Evercore ISI boosted their price objective on Sherwin-Williams from $400.00 to $420.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Finally, Citigroup dropped their target price on Sherwin-Williams from $430.00 to $420.00 and set a “buy” rating for the company in a research report on Thursday, October 24th. One equities 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 issued a strong buy rating to the company. According to data from MarketBeat, Sherwin-Williams has a consensus rating of “Moderate Buy” and an average price target of $400.65.

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.