Cetera Advisors LLC boosted its holdings in shares of Sherwin-Williams Co (NYSE:SHW) by 12.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,583 shares of the specialty chemicals company’s stock after purchasing an additional 1,048 shares during the quarter. Cetera Advisors LLC’s holdings in Sherwin-Williams were worth $3,932,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Janus Henderson Group PLC raised its holdings in Sherwin-Williams by 27.6% in the 3rd quarter. Janus Henderson Group PLC now owns 1,332,394 shares of the specialty chemicals company’s stock valued at $477,049,000 after acquiring an additional 288,492 shares in the last quarter. Principal Financial Group Inc. raised its holdings in Sherwin-Williams by 30.6% in the 3rd quarter. Principal Financial Group Inc. now owns 1,057,305 shares of the specialty chemicals company’s stock valued at $378,558,000 after acquiring an additional 247,553 shares in the last quarter. Atlantic Trust Group LLC acquired a new position in Sherwin-Williams in the 3rd quarter valued at approximately $87,798,000. Koch Industries Inc. acquired a new position in Sherwin-Williams in the 2nd quarter valued at approximately $235,000. Finally, Milestone Resources Group Ltd acquired a new position in Sherwin-Williams in the 4th quarter valued at approximately $73,042,000. Hedge funds and other institutional investors own 76.06% of the company’s stock.

Several research firms have commented on SHW. Susquehanna Bancshares reaffirmed a “positive” rating and issued a $483.00 price target (down previously from $511.00) on shares of Sherwin-Williams in a report on Tuesday. Seaport Global Securities raised Sherwin-Williams from a “neutral” rating to a “buy” rating in a report on Friday, February 2nd. Royal Bank of Canada upped their price target on Sherwin-Williams to $485.00 and gave the company an “outperform” rating in a report on Monday, January 29th. KeyCorp reaffirmed a “buy” rating and issued a $500.00 price target (up previously from $465.00) on shares of Sherwin-Williams in a report on Monday, January 29th. They noted that the move was a valuation call. Finally, Barclays reaffirmed a “hold” rating on shares of Sherwin-Williams in a report on Sunday, January 28th. One analyst has rated the stock with a sell rating, eight have given a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $436.20.

In related news, insider Robert J. Davisson sold 1,000 shares of the stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $407.11, for a total transaction of $407,110.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Robert J. Wells sold 2,946 shares of the stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $409.11, for a total value of $1,205,238.06. Following the sale, the senior vice president now owns 18,363 shares in the company, valued at $7,512,486.93. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 15,122 shares of company stock worth $5,969,846. 1.69% of the stock is owned by corporate insiders.

Sherwin-Williams Co (NYSE SHW) opened at $405.76 on Wednesday. Sherwin-Williams Co has a twelve month low of $305.70 and a twelve month high of $435.15. The company has a quick ratio of 0.67, a current ratio of 1.12 and a debt-to-equity ratio of 2.68. The stock has a market capitalization of $37,800.00, a P/E ratio of 21.31, a PEG ratio of 1.80 and a beta of 1.17.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings results on Thursday, January 25th. The specialty chemicals company reported $2.95 EPS for the quarter, missing the Zacks’ consensus estimate of $3.18 by ($0.23). The business had revenue of $3.98 billion for the quarter, compared to the consensus estimate of $3.91 billion. Sherwin-Williams had a return on equity of 50.59% and a net margin of 11.83%. The firm’s revenue was up 43.0% on a year-over-year basis. During the same quarter last year, the company earned $2.15 earnings per share. research analysts predict that Sherwin-Williams Co will post 19.1 earnings per share for the current year.

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Sherwin-Williams Company Profile

The Sherwin-Williams Company (Sherwin-Williams) is engaged in the development, manufacture, distribution and sale of paint, coatings and related products. The Company’s segments are Paint Stores Group, Consumer Group, Global Finishes Group, Latin America Coatings Group and Administrative. The Paint Stores Group markets and sells Sherwin-Williams branded architectural paint and coatings, protective and marine products, original equipment manufacturer (OEM) product finishes and related items.

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Institutional Ownership by Quarter for Sherwin-Williams (NYSE:SHW)

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