Slow Capital Inc. Lowers Holdings in The Sherwin-Williams Company (NYSE:SHW)

Slow Capital Inc. reduced its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 6.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,999 shares of the specialty chemicals company’s stock after selling 781 shares during the quarter. Slow Capital Inc.’s holdings in Sherwin-Williams were worth $4,079,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of SHW. Baldwin Wealth Partners LLC MA lifted its position in Sherwin-Williams by 5.3% in the fourth quarter. Baldwin Wealth Partners LLC MA now owns 38,445 shares of the specialty chemicals company’s stock worth $13,069,000 after buying an additional 1,919 shares during the last quarter. Foundations Investment Advisors LLC boosted its stake in shares of Sherwin-Williams by 2.9% during the 4th quarter. Foundations Investment Advisors LLC now owns 1,977 shares of the specialty chemicals company’s stock worth $672,000 after purchasing an additional 55 shares during the period. Blue Trust Inc. grew its holdings in Sherwin-Williams by 37.4% during the 4th quarter. Blue Trust Inc. now owns 3,254 shares of the specialty chemicals company’s stock valued at $1,106,000 after purchasing an additional 886 shares during the last quarter. Kingswood Wealth Advisors LLC purchased a new stake in Sherwin-Williams in the 4th quarter worth about $274,000. Finally, Stablepoint Partners LLC lifted its stake in Sherwin-Williams by 1.5% in the fourth quarter. Stablepoint Partners LLC now owns 4,342 shares of the specialty chemicals company’s stock worth $1,476,000 after purchasing an additional 64 shares during the last quarter. Institutional investors own 77.67% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. UBS Group reissued an “underperform” rating on shares of Sherwin-Williams in a research note on Friday, October 18th. Berenberg Bank raised shares of Sherwin-Williams from a “hold” rating to a “buy” rating and lifted their price target for the company from $321.00 to $420.00 in a research note on Friday. StockNews.com lowered Sherwin-Williams from a “buy” rating to a “hold” rating in a research note on Thursday, November 28th. Mizuho lowered their price objective on shares of 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 reduced their price target on shares of Sherwin-Williams from $455.00 to $446.00 and set an “outperform” rating for the company in a report on Thursday, October 24th. One analyst has rated the stock with a sell rating, six have issued a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $403.29.

Sherwin-Williams Trading Up 1.1 %

Shares of NYSE:SHW opened at $364.28 on Tuesday. The firm has a market capitalization of $91.74 billion, a price-to-earnings ratio of 36.28, a price-to-earnings-growth ratio of 2.78 and a beta of 1.22. The business’s 50 day moving average price is $361.22 and its 200-day moving average price is $362.38. The company has a debt-to-equity ratio of 1.97, a current ratio of 0.83 and a quick ratio of 0.51. The Sherwin-Williams Company has a 1 year low of $282.09 and a 1 year high of $400.42.

Insider Transactions at Sherwin-Williams

In other Sherwin-Williams news, SVP Mary L. Garceau sold 15,770 shares of the business’s stock in a transaction that occurred 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. The trade was a 35.06 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Gregory P. Sofish sold 2,565 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the senior vice president now owns 6,329 shares in the company, valued at approximately $2,396,349.27. This trade represents a 28.84 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.60% of the company’s stock.

Sherwin-Williams Company 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.