Diversify Wealth Management LLC Has $596,000 Holdings in The Sherwin-Williams Company (NYSE:SHW)

Diversify Wealth Management LLC lifted its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 28.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,804 shares of the specialty chemicals company’s stock after acquiring an additional 399 shares during the quarter. Diversify Wealth Management LLC’s holdings in Sherwin-Williams were worth $596,000 as of its most recent filing with the SEC.

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

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on SHW shares. StockNews.com downgraded Sherwin-Williams from a “buy” rating to a “hold” rating in a research note on Thursday, November 28th. Zelman & Associates upgraded Sherwin-Williams to a “strong-buy” rating in a research note on Friday, January 17th. UBS Group restated an “underperform” rating on shares of Sherwin-Williams in a research note on Friday, October 18th. Mizuho decreased their target price on Sherwin-Williams from $435.00 to $408.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. Finally, Royal Bank of Canada decreased their target price on Sherwin-Williams from $455.00 to $446.00 and set an “outperform” rating for the company in a research note on Thursday, October 24th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $402.25.

Sherwin-Williams Trading Up 2.1 %

Shares of SHW opened at $361.33 on Wednesday. The Sherwin-Williams Company has a 1 year low of $282.09 and a 1 year high of $400.42. The company has a current ratio of 0.83, a quick ratio of 0.51 and a debt-to-equity ratio of 1.97. The stock has a 50 day simple moving average of $363.19 and a 200-day simple moving average of $360.69. The stock has a market cap of $91.00 billion, a PE ratio of 35.99, a PEG ratio of 2.72 and a beta of 1.22.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings results on Tuesday, October 22nd. The specialty chemicals company reported $3.37 earnings per share for the quarter, missing analysts’ consensus estimates of $3.56 by ($0.19). Sherwin-Williams had a net margin of 11.09% and a return on equity of 74.45%. The business had revenue of $6.16 billion for the quarter, compared to analyst estimates of $6.20 billion. During the same period in the prior year, the business earned $3.20 earnings per share. The company’s revenue for the quarter was up .7% on a year-over-year basis. On average, sell-side analysts predict that The Sherwin-Williams Company will post 11.32 EPS for the current fiscal year.

Insider Activity at Sherwin-Williams

In related news, SVP Mary L. Garceau sold 15,770 shares of the firm’s stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $397.92, for a total transaction of $6,275,198.40. Following the completion of the sale, the senior vice president now directly owns 29,205 shares of the company’s stock, valued at $11,621,253.60. This trade represents a 35.06 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Gregory P. Sofish sold 2,565 shares of the firm’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $378.63, for a total value of $971,185.95. Following the sale, the senior vice president now directly owns 6,329 shares of the company’s stock, valued at $2,396,349.27. This represents a 28.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 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.