CAPROCK Group Inc. increased its holdings in shares of Sherwin-Williams Co (NYSE:SHW) by 9.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,020 shares of the specialty chemicals company’s stock after purchasing an additional 169 shares during the period. CAPROCK Group Inc.’s holdings in Sherwin-Williams were worth $874,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Tower Research Capital LLC TRC acquired a new stake in Sherwin-Williams during the 2nd quarter worth $100,000. Spectrum Management Group Inc. acquired a new stake in shares of Sherwin-Williams in the 3rd quarter worth $162,000. Salem Investment Counselors Inc. acquired a new stake in shares of Sherwin-Williams in the 2nd quarter worth $176,000. Montag A & Associates Inc. acquired a new stake in shares of Sherwin-Williams in the 3rd quarter worth $202,000. Finally, ZWJ Investment Counsel Inc. acquired a new stake in shares of Sherwin-Williams in the 3rd quarter worth $204,000. Hedge funds and other institutional investors own 75.62% of the company’s stock.

Shares of Sherwin-Williams Co (NYSE SHW) traded up $3.07 during midday trading on Wednesday, hitting $426.94. 717,782 shares of the company traded hands, compared to its average volume of 482,752. The company has a debt-to-equity ratio of 3.68, a current ratio of 1.07 and a quick ratio of 0.68. Sherwin-Williams Co has a 12-month low of $280.14 and a 12-month high of $435.15. The firm has a market capitalization of $39,920.00, a PE ratio of 36.18, a price-to-earnings-growth ratio of 1.98 and a beta of 1.22.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings data on Tuesday, October 24th. The specialty chemicals company reported $4.75 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $4.70 by $0.05. Sherwin-Williams had a net margin of 7.82% and a return on equity of 58.02%. The firm had revenue of $4.51 billion during the quarter, compared to analysts’ expectations of $4.45 billion. During the same quarter last year, the business earned $4.23 earnings per share. The business’s revenue for the quarter was up 37.4% compared to the same quarter last year. research analysts forecast that Sherwin-Williams Co will post 15.02 earnings per share for the current fiscal year.

In other Sherwin-Williams news, insider Joel D. Baxter sold 2,376 shares of the firm’s stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $389.26, for a total transaction of $924,881.76. Following the completion of the transaction, the insider now directly owns 3,302 shares in the company, valued at approximately $1,285,336.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Robert J. Davisson sold 1,000 shares of the firm’s stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $407.11, for a total transaction of $407,110.00. The disclosure for this sale can be found here. Insiders sold 15,122 shares of company stock valued at $5,969,846 in the last quarter. Company insiders own 1.69% of the company’s stock.

Several analysts have recently commented on the stock. KeyCorp restated an “overweight” rating and issued a $465.00 target price (up previously from $440.00) on shares of Sherwin-Williams in a research note on Thursday, January 11th. Robert W. Baird restated a “buy” rating and issued a $475.00 target price on shares of Sherwin-Williams in a research note on Wednesday, January 10th. Zacks Investment Research upgraded shares of Sherwin-Williams from a “hold” rating to a “buy” rating and set a $463.00 target price for the company in a research note on Friday, January 5th. Deutsche Bank assumed coverage on shares of Sherwin-Williams in a research note on Friday, December 22nd. They issued a “hold” rating and a $420.00 target price for the company. Finally, Raymond James Financial assumed coverage on shares of Sherwin-Williams in a research note on Tuesday, December 19th. They issued a “strong-buy” rating and a $496.00 target price for the company. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. Sherwin-Williams has a consensus rating of “Buy” and an average target price of $417.39.

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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.

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

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