Fishman Jay A Ltd. MI Buys 58 Shares of The Sherwin-Williams Company (NYSE:SHW)

Fishman Jay A Ltd. MI raised its holdings in shares of The Sherwin-Williams Company (NYSE:SHW) by 0.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,247 shares of the specialty chemicals company’s stock after acquiring an additional 58 shares during the period. Sherwin-Williams comprises approximately 0.5% of Fishman Jay A Ltd. MI’s portfolio, making the stock its 27th biggest holding. Fishman Jay A Ltd. MI’s holdings in Sherwin-Williams were worth $5,183,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Valued Wealth Advisors LLC increased its position in shares of Sherwin-Williams by 88.9% during the third quarter. Valued Wealth Advisors LLC now owns 68 shares of the specialty chemicals company’s stock valued at $26,000 after buying an additional 32 shares during the period. First Personal Financial Services purchased a new stake in shares of Sherwin-Williams in the third quarter worth $29,000. FSA Wealth Management LLC bought a new stake in Sherwin-Williams during the 3rd quarter valued at about $32,000. GHP Investment Advisors Inc. increased its position in shares of Sherwin-Williams by 47.5% during the third quarter. GHP Investment Advisors Inc. now owns 87 shares of the specialty chemicals company’s stock valued at $33,000 after acquiring an additional 28 shares in the last quarter. Finally, True Wealth Design LLC increased its holdings in shares of Sherwin-Williams by 1,000.0% in the 3rd quarter. True Wealth Design LLC now owns 99 shares of the specialty chemicals company’s stock worth $38,000 after purchasing an additional 90 shares in the last quarter. Institutional investors own 77.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. 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. Barclays lifted their price target on shares of Sherwin-Williams from $355.00 to $370.00 and gave the company an “equal weight” rating in a report on Wednesday, October 23rd. Royal Bank of Canada dropped their price objective 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. Wells Fargo & Company raised their target price on shares of Sherwin-Williams from $350.00 to $400.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 15th. Finally, 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. One investment analyst has rated the stock with a sell rating, six have given a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, Sherwin-Williams has an average rating of “Moderate Buy” and a consensus target price of $400.00.

Insider Buying and Selling at Sherwin-Williams

In other Sherwin-Williams news, SVP Gregory P. Sofish sold 2,565 shares of the stock in a transaction dated 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 transaction, the senior vice president now directly owns 6,329 shares of the company’s stock, valued at approximately $2,396,349.27. This trade represents a 28.84 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Mary L. Garceau sold 15,770 shares of the 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 sale, the senior vice president now owns 29,205 shares in the company, valued at approximately $11,621,253.60. This trade represents a 35.06 % decrease in their position. The disclosure for this sale can be found here. 0.60% of the stock is currently owned by insiders.

Sherwin-Williams Trading Up 0.6 %

NYSE SHW opened at $361.32 on Wednesday. The firm’s 50-day moving average is $355.41 and its two-hundred day moving average is $365.10. The stock has a market capitalization of $91.00 billion, a P/E ratio of 34.25, a PEG 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. The company has a debt-to-equity ratio of 2.02, a current ratio of 0.79 and a quick ratio of 0.46.

Sherwin-Williams (NYSE:SHW) last announced its earnings results on Thursday, January 30th. The specialty chemicals company reported $2.09 EPS for the quarter, beating analysts’ consensus estimates 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 quarter in the previous year, the business posted $1.81 earnings per share. On average, sell-side analysts anticipate that The Sherwin-Williams Company will post 12 earnings per share for the current year.

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.