Sherwin-Williams Co (NYSE:SHW) has been given a consensus rating of “Buy” by the twenty-three research firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation, thirteen have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is $439.22.

SHW has been the topic of a number of recent research reports. Royal Bank of Canada reiterated a “buy” rating and issued a $455.00 target price on shares of Sherwin-Williams in a research report on Thursday, December 14th. Moffett Nathanson initiated coverage on Sherwin-Williams in a research report on Monday, December 4th. They issued a “buy” rating on the stock. Robert W. Baird reiterated a “buy” rating and issued a $425.00 target price on shares of Sherwin-Williams in a research report on Friday, November 10th. Citigroup upped their target price on Sherwin-Williams from $405.00 to $442.00 and gave the company a “buy” rating in a research report on Wednesday, October 25th. Finally, Zelman & Associates upgraded Sherwin-Williams from a “hold” rating to a “buy” rating in a research report on Wednesday, October 18th.

In other news, insider Joel D. Baxter sold 2,376 shares of the stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $389.26, for a total transaction of $924,881.76. Following the transaction, the insider now owns 3,302 shares in the company, valued at approximately $1,285,336.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Robert J. Davisson sold 8,800 shares of the stock in a transaction that occurred on Wednesday, November 22nd. The shares were sold at an average price of $390.07, for a total value of $3,432,616.00. Following the transaction, the insider now owns 14,812 shares in the company, valued at approximately $5,777,716.84. The disclosure for this sale can be found here. In the last 90 days, insiders sold 15,122 shares of company stock worth $5,969,846. Insiders own 1.69% of the company’s stock.

Several large investors have recently made changes to their positions in SHW. Thrivent Financial For Lutherans lifted its position in shares of Sherwin-Williams by 2.7% during the 2nd quarter. Thrivent Financial For Lutherans now owns 3,070 shares of the specialty chemicals company’s stock valued at $1,077,000 after buying an additional 80 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Sherwin-Williams by 4.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 193,221 shares of the specialty chemicals company’s stock valued at $67,816,000 after buying an additional 7,363 shares in the last quarter. Voya Investment Management LLC lifted its position in shares of Sherwin-Williams by 16.4% during the 2nd quarter. Voya Investment Management LLC now owns 36,180 shares of the specialty chemicals company’s stock valued at $12,698,000 after buying an additional 5,107 shares in the last quarter. QS Investors LLC lifted its position in shares of Sherwin-Williams by 3.8% during the 2nd quarter. QS Investors LLC now owns 8,213 shares of the specialty chemicals company’s stock valued at $2,882,000 after buying an additional 298 shares in the last quarter. Finally, AHL Partners LLP lifted its position in shares of Sherwin-Williams by 11.1% during the 2nd quarter. AHL Partners LLP now owns 10,495 shares of the specialty chemicals company’s stock valued at $3,684,000 after buying an additional 1,049 shares in the last quarter. Hedge funds and other institutional investors own 75.92% of the company’s stock.

Shares of Sherwin-Williams (SHW) traded down $15.83 during midday trading on Friday, reaching $387.65. The company had a trading volume of 792,809 shares, compared to its average volume of 657,837. The stock has a market capitalization of $36,250.00, a price-to-earnings ratio of 20.36, a P/E/G ratio of 1.83 and a beta of 1.17. Sherwin-Williams has a 52-week low of $302.01 and a 52-week high of $435.15. The company has a current ratio of 1.12, a quick ratio of 0.67 and a debt-to-equity ratio of 2.68.

Sherwin-Williams (NYSE:SHW) last issued its 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 firm had revenue of $3.98 billion during the quarter, compared to analysts’ expectations of $3.91 billion. Sherwin-Williams had a net margin of 11.83% and a return on equity of 50.59%. Sherwin-Williams’s quarterly revenue was up 43.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.15 EPS. sell-side analysts anticipate that Sherwin-Williams 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.

Analyst Recommendations for Sherwin-Williams (NYSE:SHW)

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