Private Trust Co. NA lowered its stake in Sherwin-Williams Company (The) (NYSE:SHW) by 0.8% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 9,051 shares of the specialty chemicals company’s stock after selling 76 shares during the period. Private Trust Co. NA’s holdings in Sherwin-Williams Company (The) were worth $3,176,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP boosted its position in Sherwin-Williams Company (The) by 1.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 181,137 shares of the specialty chemicals company’s stock valued at $48,682,000 after buying an additional 3,096 shares during the period. Thrivent Financial for Lutherans boosted its position in Sherwin-Williams Company (The) by 7.6% in the fourth quarter. Thrivent Financial for Lutherans now owns 2,830 shares of the specialty chemicals company’s stock valued at $761,000 after buying an additional 200 shares during the period. Quadrature Capital Ltd purchased a new position in Sherwin-Williams Company (The) during the fourth quarter valued at $218,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in Sherwin-Williams Company (The) during the fourth quarter valued at $585,000. Finally, Perigon Wealth Management LLC boosted its position in Sherwin-Williams Company (The) by 15.7% in the fourth quarter. Perigon Wealth Management LLC now owns 7,341 shares of the specialty chemicals company’s stock valued at $2,296,000 after buying an additional 998 shares during the period. Institutional investors and hedge funds own 72.57% of the company’s stock.

Shares of Sherwin-Williams Company (SHW) opened at 356.47 on Monday. The company has a market cap of $32.99 billion, a price-to-earnings ratio of 27.93 and a beta of 1.24. The company’s 50-day moving average is $343.97 and its 200-day moving average is $313.62. Sherwin-Williams Company has a 12-month low of $239.48 and a 12-month high of $362.57.

Sherwin-Williams Company (The) (NYSE:SHW) last released its earnings results on Thursday, April 20th. The specialty chemicals company reported $2.27 EPS for the quarter, topping analysts’ consensus estimates of $2.07 by $0.20. Sherwin-Williams Company (The) had a net margin of 10.02% and a return on equity of 71.96%. The company had revenue of $2.76 billion for the quarter, compared to analysts’ expectations of $2.72 billion. During the same quarter last year, the business earned $1.81 EPS. The firm’s revenue was up 7.3% compared to the same quarter last year. Equities research analysts predict that Sherwin-Williams Company will post $14.70 earnings per share for the current year.

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SHW has been the topic of several analyst reports. Zacks Investment Research upgraded shares of Sherwin-Williams Company (The) from a “hold” rating to a “buy” rating and set a $347.00 price target on the stock in a report on Tuesday, March 28th. Royal Bank Of Canada reiterated a “buy” rating and issued a $350.00 target price on shares of Sherwin-Williams Company (The) in a research note on Tuesday, March 28th. KeyCorp upgraded shares of Sherwin-Williams Company (The) from a “sector weight” rating to an “overweight” rating and set a $375.00 target price on the stock in a research note on Tuesday, April 4th. Credit Suisse Group set a $344.00 target price on shares of Sherwin-Williams Company (The) and gave the company a “buy” rating in a research note on Thursday, April 20th. Finally, Barclays PLC boosted their target price on shares of Sherwin-Williams Company (The) from $310.00 to $335.00 and gave the company an “equal weight” rating in a research note on Monday, April 24th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and fourteen have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $354.22.

In other Sherwin-Williams Company (The) news, Director Susan J. Kropf sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, May 5th. The shares were sold at an average price of $338.93, for a total transaction of $677,860.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Joel D. Baxter sold 5,470 shares of the firm’s stock in a transaction that occurred on Monday, May 15th. The stock was sold at an average price of $335.50, for a total transaction of $1,835,185.00. Following the sale, the insider now owns 8,523 shares in the company, valued at approximately $2,859,466.50. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 46,955 shares of company stock worth $15,525,668. 1.69% of the stock is owned by company insiders.

Sherwin-Williams Company (The) 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.

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

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