Cottonwood Capital Advisors LLC Invests $227,000 in The Sherwin-Williams Company (NYSE:SHW)

Cottonwood Capital Advisors LLC acquired a new stake in The Sherwin-Williams Company (NYSE:SHW) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 669 shares of the specialty chemicals company’s stock, valued at approximately $227,000.

A number of other large investors have also bought and sold shares of the business. Valued Wealth Advisors LLC boosted its holdings in shares of Sherwin-Williams by 88.9% in the third quarter. Valued Wealth Advisors LLC now owns 68 shares of the specialty chemicals company’s stock valued at $26,000 after buying an additional 32 shares during the period. First Personal Financial Services acquired a new position in Sherwin-Williams in the 3rd quarter worth $29,000. FSA Wealth Management LLC bought a new position in Sherwin-Williams during the 3rd quarter worth about $32,000. GHP Investment Advisors Inc. raised its stake in shares of Sherwin-Williams by 47.5% in the 3rd quarter. GHP Investment Advisors Inc. now owns 87 shares of the specialty chemicals company’s stock valued at $33,000 after purchasing an additional 28 shares during the period. Finally, Capital Performance Advisors LLP bought a new stake in shares of Sherwin-Williams in the third quarter valued at about $38,000. 77.67% of the stock is owned by institutional investors.

Analysts Set New Price Targets

SHW has been the subject of a number of research reports. Evercore ISI increased their price objective on Sherwin-Williams from $400.00 to $420.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Morgan Stanley lifted their price objective on shares of Sherwin-Williams from $375.00 to $450.00 and gave the company an “overweight” rating in a report on Friday, October 18th. Citigroup reduced their target price on shares of Sherwin-Williams from $430.00 to $420.00 and set a “buy” rating for the company in a report on Thursday, October 24th. Barclays lifted their price target on shares of Sherwin-Williams from $355.00 to $370.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 23rd. Finally, Berenberg Bank upgraded shares of Sherwin-Williams from a “hold” rating to a “buy” rating and increased their price objective for the stock from $321.00 to $420.00 in a research note on Friday. One investment analyst has rated the stock with a sell rating, six have given a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $403.29.

Sherwin-Williams Stock Performance

NYSE:SHW opened at $360.06 on Friday. The stock has a 50 day simple moving average of $361.60 and a 200 day simple moving average of $361.13. The stock has a market cap of $90.68 billion, a P/E ratio of 35.86, a PEG ratio of 2.78 and a beta of 1.22. 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.

Sherwin-Williams (NYSE:SHW) last announced its earnings results on Tuesday, October 22nd. The specialty chemicals company reported $3.37 earnings per share (EPS) 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 during the quarter, compared to the consensus estimate of $6.20 billion. During the same period in the previous year, the firm posted $3.20 EPS. The company’s revenue was up .7% compared to the same quarter last year. Research analysts anticipate that The Sherwin-Williams Company will post 11.32 earnings per share for the current year.

Insiders Place Their Bets

In other news, SVP Mary L. Garceau sold 15,770 shares of the company’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 in the company, valued at approximately $11,621,253.60. This represents a 35.06 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Gregory P. Sofish sold 2,565 shares of the stock in a transaction on Monday, November 18th. The stock was 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 in the company, valued at approximately $2,396,349.27. This trade represents a 28.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.60% of the company’s stock.

About Sherwin-Williams

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.