FSM Wealth Advisors LLC Has $822,000 Stock Holdings in The Sherwin-Williams Company (NYSE:SHW)

FSM Wealth Advisors LLC cut its stake in The Sherwin-Williams Company (NYSE:SHW) by 13.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,320 shares of the specialty chemicals company’s stock after selling 375 shares during the quarter. FSM Wealth Advisors LLC’s holdings in Sherwin-Williams were worth $822,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of SHW. Valued Wealth Advisors LLC lifted its position in shares of Sherwin-Williams by 88.9% during the 3rd quarter. Valued Wealth Advisors LLC now owns 68 shares of the specialty chemicals company’s stock valued at $26,000 after acquiring an additional 32 shares during the period. First Personal Financial Services acquired a new stake in shares of Sherwin-Williams in the 3rd quarter valued at about $29,000. FSA Wealth Management LLC acquired a new stake in shares of Sherwin-Williams in the 3rd quarter worth about $32,000. GHP Investment Advisors Inc. lifted its position in shares of Sherwin-Williams by 47.5% during the third 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 in the last quarter. Finally, Capital Performance Advisors LLP purchased a new position in shares of Sherwin-Williams in the 3rd quarter worth about $38,000. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Sherwin-Williams Trading Down 2.0 %

SHW stock opened at $358.23 on Monday. The company has a market cap of $90.22 billion, a price-to-earnings ratio of 33.96, a PEG ratio of 2.86 and a beta of 1.22. The Sherwin-Williams Company has a 52 week low of $282.09 and a 52 week high of $400.42. The company has a quick ratio of 0.46, a current ratio of 0.79 and a debt-to-equity ratio of 2.02. The business has a fifty day simple moving average of $359.64 and a 200-day simple moving average of $363.60.

Sherwin-Williams (NYSE:SHW) last issued its quarterly earnings results on Thursday, January 30th. The specialty chemicals company reported $2.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.07 by $0.02. Sherwin-Williams had a net margin of 11.61% and a return on equity of 74.50%. During the same period last year, the firm earned $1.81 earnings per share. On average, equities research analysts expect that The Sherwin-Williams Company will post 12.12 EPS for the current year.

Insiders Place Their Bets

In related news, SVP Gregory P. Sofish sold 2,565 shares of the company’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $378.63, for a total transaction of $971,185.95. Following the transaction, the senior vice president now directly owns 6,329 shares of the company’s stock, valued at approximately $2,396,349.27. The trade was a 28.84 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Mary L. Garceau sold 15,770 shares of Sherwin-Williams stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $397.92, for a total value of $6,275,198.40. Following the sale, the senior vice president now directly owns 29,205 shares of the company’s stock, valued at approximately $11,621,253.60. The trade was a 35.06 % decrease in their position. The disclosure for this sale can be found here. 0.60% of the stock is owned by corporate insiders.

Analyst Ratings Changes

SHW has been the subject of a number of recent analyst reports. Morgan Stanley reduced their target price on Sherwin-Williams from $450.00 to $405.00 and set an “overweight” rating for the company in a report on Tuesday, January 28th. Wells Fargo & Company lifted their target price on shares of Sherwin-Williams from $350.00 to $400.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 15th. Evercore ISI boosted their target price on Sherwin-Williams from $400.00 to $420.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. StockNews.com downgraded Sherwin-Williams from a “buy” rating to a “hold” rating in a report on Thursday, November 28th. Finally, Royal Bank of Canada reduced their target price 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 equities research analyst has rated the stock with a sell rating, six have issued a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $400.65.

Sherwin-Williams 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.