The Sherwin-Williams Company $SHW Shares Purchased by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. boosted its holdings in The Sherwin-Williams Company (NYSE:SHW) by 5.9% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 31,706 shares of the specialty chemicals company’s stock after purchasing an additional 1,756 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Sherwin-Williams were worth $10,887,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SHW. Brighton Jones LLC boosted its holdings in Sherwin-Williams by 73.6% in the fourth quarter. Brighton Jones LLC now owns 1,545 shares of the specialty chemicals company’s stock valued at $525,000 after purchasing an additional 655 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of Sherwin-Williams by 19.8% in the first quarter. GAMMA Investing LLC now owns 4,686 shares of the specialty chemicals company’s stock valued at $1,636,000 after acquiring an additional 773 shares during the period. Exchange Traded Concepts LLC boosted its holdings in shares of Sherwin-Williams by 112.9% in the first quarter. Exchange Traded Concepts LLC now owns 477 shares of the specialty chemicals company’s stock valued at $167,000 after acquiring an additional 253 shares during the period. Sowell Financial Services LLC acquired a new stake in shares of Sherwin-Williams in the first quarter valued at approximately $306,000. Finally, Kingswood Wealth Advisors LLC boosted its holdings in shares of Sherwin-Williams by 25.0% in the first quarter. Kingswood Wealth Advisors LLC now owns 1,006 shares of the specialty chemicals company’s stock valued at $352,000 after acquiring an additional 201 shares during the period. 77.67% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently weighed in on SHW. Mizuho decreased their price objective on Sherwin-Williams from $400.00 to $385.00 and set an “outperform” rating for the company in a report on Wednesday, July 23rd. Bank of America decreased their price objective on Sherwin-Williams from $375.00 to $368.00 and set a “neutral” rating for the company in a report on Tuesday. Weiss Ratings reissued a “buy (b-)” rating on shares of Sherwin-Williams in a report on Wednesday, October 8th. Wells Fargo & Company set a $395.00 price objective on Sherwin-Williams and gave the company an “overweight” rating in a report on Friday, October 10th. Finally, UBS Group restated a “buy” rating and set a $400.00 price target (up previously from $395.00) on shares of Sherwin-Williams in a research note on Monday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $387.13.

Sherwin-Williams Price Performance

Sherwin-Williams stock opened at $330.99 on Friday. The Sherwin-Williams Company has a 12 month low of $308.84 and a 12 month high of $400.42. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.78 and a quick ratio of 0.48. The business has a 50 day simple moving average of $353.22 and a 200-day simple moving average of $347.94. The stock has a market capitalization of $82.53 billion, a PE ratio of 32.84, a price-to-earnings-growth ratio of 3.11 and a beta of 1.20.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings results on Tuesday, July 22nd. The specialty chemicals company reported $3.38 EPS for the quarter, missing the consensus estimate of $3.76 by ($0.38). The company had revenue of $6.31 billion for the quarter, compared to analysts’ expectations of $6.31 billion. Sherwin-Williams had a return on equity of 66.91% and a net margin of 11.03%.Sherwin-Williams’s revenue for the quarter was up .6% compared to the same quarter last year. During the same quarter last year, the company earned $3.70 EPS. Sherwin-Williams has set its FY 2025 guidance at 11.200-11.500 EPS. Equities analysts predict that The Sherwin-Williams Company will post 12 earnings per share for the current year.

Insider Buying and Selling at Sherwin-Williams

In other Sherwin-Williams news, insider Justin T. Binns sold 609 shares of the stock in a transaction on Monday, August 25th. The stock was sold at an average price of $368.82, for a total value of $224,611.38. Following the completion of the transaction, the insider owned 17,922 shares in the company, valued at approximately $6,609,992.04. This represents a 3.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO James P. Lang sold 860 shares of the stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of $350.35, for a total value of $301,301.00. Following the completion of the transaction, the chief accounting officer owned 377 shares of the company’s stock, valued at $132,081.95. The trade was a 69.52% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.60% of the company’s stock.

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.