Evolution Wealth Advisors LLC increased its position in shares of Sherwin-Williams Co (NYSE:SHW) by 235.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 57 shares of the specialty chemicals company’s stock after buying an additional 40 shares during the period. Evolution Wealth Advisors LLC’s holdings in Sherwin-Williams were worth $40,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SHW. Kessler Investment Group LLC boosted its holdings in shares of Sherwin-Williams by 66.7% during the 3rd quarter. Kessler Investment Group LLC now owns 50 shares of the specialty chemicals company’s stock worth $35,000 after buying an additional 20 shares during the period. Emerald Mutual Fund Advisers Trust bought a new stake in shares of Sherwin-Williams during the 2nd quarter worth $68,000. Valeo Financial Advisors LLC boosted its holdings in shares of Sherwin-Williams by 45.1% during the 2nd quarter. Valeo Financial Advisors LLC now owns 119 shares of the specialty chemicals company’s stock worth $69,000 after buying an additional 37 shares during the period. Jacobi Capital Management LLC boosted its holdings in shares of Sherwin-Williams by 161,740.4% during the 2nd quarter. Jacobi Capital Management LLC now owns 228,195 shares of the specialty chemicals company’s stock worth $83,000 after buying an additional 228,054 shares during the period. Finally, Hall Laurie J Trustee bought a new stake in shares of Sherwin-Williams during the 3rd quarter worth $105,000. 75.16% of the stock is owned by institutional investors and hedge funds.

Several research firms recently commented on SHW. Loop Capital upped their target price on shares of Sherwin-Williams from $695.00 to $795.00 and gave the company a “buy” rating in a research note on Thursday, September 24th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Sherwin-Williams from $700.00 to $785.00 and gave the company a “buy” rating in a research note on Wednesday, September 30th. Jefferies Financial Group upped their target price on shares of Sherwin-Williams from $570.00 to $650.00 and gave the company a “hold” rating in a research note on Wednesday, July 29th. Credit Suisse Group upped their target price on shares of Sherwin-Williams from $734.00 to $765.00 and gave the company an “outperform” rating in a research note on Wednesday, September 30th. Finally, UBS Group upped their target price on shares of Sherwin-Williams from $625.00 to $705.00 and gave the company a “neutral” rating in a research note on Thursday, October 1st. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and fifteen have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $679.95.

Shares of Sherwin-Williams stock opened at $695.32 on Friday. The stock has a market capitalization of $63.31 billion, a P/E ratio of 37.06, a price-to-earnings-growth ratio of 3.35 and a beta of 1.21. The company has a quick ratio of 0.69, a current ratio of 1.10 and a debt-to-equity ratio of 2.14. The company has a 50-day simple moving average of $692.49 and a 200 day simple moving average of $603.12. Sherwin-Williams Co has a 12-month low of $325.43 and a 12-month high of $725.91.

Sherwin-Williams (NYSE:SHW) last issued its quarterly earnings data on Tuesday, July 28th. The specialty chemicals company reported $7.10 EPS for the quarter, topping analysts’ consensus estimates of $5.69 by $1.41. Sherwin-Williams had a net margin of 9.83% and a return on equity of 53.67%. The firm had revenue of $4.60 billion for the quarter, compared to analyst estimates of $4.55 billion. During the same quarter in the prior year, the firm earned $6.57 EPS. The company’s revenue was down 5.7% on a year-over-year basis. On average, equities analysts anticipate that Sherwin-Williams Co will post 22.94 earnings per share for the current year.

In other Sherwin-Williams news, CEO John G. Morikis sold 22,282 shares of the stock in a transaction dated Monday, September 28th. The shares were sold at an average price of $708.18, for a total transaction of $15,779,666.76. Following the sale, the chief executive officer now owns 125,306 shares of the company’s stock, valued at approximately $88,739,203.08. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Thomas P. Gilligan sold 4,964 shares of the stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $642.70, for a total transaction of $3,190,362.80. Following the sale, the senior vice president now directly owns 8,751 shares in the company, valued at approximately $5,624,267.70. The disclosure for this sale can be found here. In the last three months, insiders have sold 54,543 shares of company stock worth $37,224,818. Insiders own 0.55% of the company’s stock.

About Sherwin-Williams

The Sherwin-Williams Company develops, manufactures, distributes, and sells paints, coatings, and related products to professional, industrial, commercial, and retail customers. It operates in three segments: The Americas Group, Consumer Brands Group, and Performance Coatings Group. The Americas Group segment offers architectural paints and coatings, and protective and marine products, as well as OEM product finishes and related products for architectural and industrial paint contractors and do-it-yourself homeowners.

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

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