Financial & Tax Architects LLC Has $7.12 Million Position in The Sherwin-Williams Company $SHW

Financial & Tax Architects LLC boosted its position in The Sherwin-Williams Company (NYSE:SHW) by 8.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 20,559 shares of the specialty chemicals company’s stock after buying an additional 1,519 shares during the quarter. Sherwin-Williams makes up about 1.6% of Financial & Tax Architects LLC’s portfolio, making the stock its 27th biggest position. Financial & Tax Architects LLC’s holdings in Sherwin-Williams were worth $7,119,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. MTM Investment Management LLC bought a new stake in shares of Sherwin-Williams in the second quarter worth $26,000. Vermillion & White Wealth Management Group LLC increased its stake in Sherwin-Williams by 104.8% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 86 shares of the specialty chemicals company’s stock valued at $30,000 after buying an additional 44 shares during the last quarter. Salomon & Ludwin LLC acquired a new stake in Sherwin-Williams in the 2nd quarter valued at $31,000. Delos Wealth Advisors LLC bought a new stake in Sherwin-Williams during the 2nd quarter worth about $36,000. Finally, True Wealth Design LLC boosted its stake in shares of Sherwin-Williams by 129.8% during the 3rd quarter. True Wealth Design LLC now owns 108 shares of the specialty chemicals company’s stock worth $37,000 after buying an additional 61 shares during the last quarter. Institutional investors own 77.67% of the company’s stock.

Sherwin-Williams Stock Performance

Shares of SHW stock opened at $360.97 on Friday. The company has a market capitalization of $89.48 billion, a price-to-earnings ratio of 35.15, a PEG ratio of 3.19 and a beta of 1.25. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.53 and a current ratio of 0.87. The Sherwin-Williams Company has a 52 week low of $308.84 and a 52 week high of $379.65. The company has a 50-day simple moving average of $339.70 and a 200 day simple moving average of $344.43.

Sherwin-Williams (NYSE:SHW) last issued its quarterly earnings data on Thursday, January 29th. The specialty chemicals company reported $2.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.16 by $0.07. The company had revenue of $5.60 billion during the quarter, compared to analysts’ expectations of $5.57 billion. Sherwin-Williams had a return on equity of 65.26% and a net margin of 10.90%.The business’s revenue was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.09 earnings per share. On average, sell-side analysts predict that The Sherwin-Williams Company will post 12 earnings per share for the current year.

Insider Buying and Selling

In other Sherwin-Williams news, insider Colin M. Davie sold 2,976 shares of the company’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $359.50, for a total value of $1,069,872.00. Following the transaction, the insider directly owned 5,365 shares of the company’s stock, valued at $1,928,717.50. This represents a 35.68% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 0.60% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts recently issued reports on SHW shares. Royal Bank Of Canada set a $390.00 target price on Sherwin-Williams and gave the company an “outperform” rating in a research report on Friday, January 30th. Mizuho dropped their price objective on Sherwin-Williams from $400.00 to $390.00 and set an “outperform” rating on the stock in a research note on Thursday, December 18th. Vertical Research upgraded shares of Sherwin-Williams from a “hold” rating to a “buy” rating and set a $371.00 target price on the stock in a report on Wednesday, January 7th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sherwin-Williams in a research report on Monday, December 29th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of Sherwin-Williams from a “buy” rating to a “hold” rating and set a $380.00 price objective on the stock. in a research note on Thursday, January 22nd. Eleven equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $386.33.

About Sherwin-Williams

Sherwin-Williams (NYSE: SHW) is a global manufacturer and distributor of paints, coatings and related products. Founded in 1866 and headquartered in Cleveland, Ohio, the company supplies a broad range of coatings for residential, commercial and industrial applications. Its product offering includes architectural paints and stains, industrial and protective coatings, automotive finishes, and a variety of sundry products such as primers, sealants and specialty treatments used by professionals and consumers.

The company sells through multiple channels, including a large network of company-operated retail paint stores that serve professional contractors and do-it-yourself consumers, as well as through distributors and mass retailers.