The Sherwin-Williams Company (NYSE:SHW) Shares Purchased by Jamison Private Wealth Management Inc.

Jamison Private Wealth Management Inc. grew its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 58.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 3,307 shares of the specialty chemicals company’s stock after acquiring an additional 1,220 shares during the period. Jamison Private Wealth Management Inc.’s holdings in Sherwin-Williams were worth $1,124,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Griffin Asset Management Inc. boosted its position in shares of Sherwin-Williams by 0.3% in the 3rd quarter. Griffin Asset Management Inc. now owns 9,296 shares of the specialty chemicals company’s stock valued at $3,548,000 after purchasing an additional 26 shares during the period. Capital Advisors Ltd. LLC boosted its holdings in shares of Sherwin-Williams by 2.4% in the third quarter. Capital Advisors Ltd. LLC now owns 1,201 shares of the specialty chemicals company’s stock worth $458,000 after buying an additional 28 shares during the period. GHP Investment Advisors Inc. increased its position in shares of Sherwin-Williams by 47.5% in the third quarter. GHP Investment Advisors Inc. now owns 87 shares of the specialty chemicals company’s stock worth $33,000 after acquiring an additional 28 shares in the last quarter. Allworth Financial LP raised its holdings in shares of Sherwin-Williams by 1.8% during the third quarter. Allworth Financial LP now owns 1,560 shares of the specialty chemicals company’s stock valued at $595,000 after acquiring an additional 28 shares during the period. Finally, First Interstate Bank lifted its position in shares of Sherwin-Williams by 1.9% in the 3rd quarter. First Interstate Bank now owns 1,466 shares of the specialty chemicals company’s stock valued at $560,000 after acquiring an additional 28 shares in the last quarter. 77.67% of the stock is owned by institutional investors.

Sherwin-Williams Trading Down 0.3 %

Shares of SHW stock opened at $360.06 on Friday. The Sherwin-Williams Company has a 12 month low of $282.09 and a 12 month high of $400.42. The company has a market cap of $90.68 billion, a PE ratio of 35.86, a price-to-earnings-growth ratio of 2.78 and a beta of 1.22. The company has a quick ratio of 0.51, a current ratio of 0.83 and a debt-to-equity ratio of 1.97. The business’s 50 day moving average is $361.22 and its two-hundred day moving average is $361.55.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. BMO Capital Markets boosted their target price on shares of Sherwin-Williams from $400.00 to $425.00 and gave the company an “outperform” rating in a research note on Monday, September 30th. Evercore ISI increased their price objective on Sherwin-Williams from $400.00 to $420.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. Wells Fargo & Company lifted their target price on Sherwin-Williams from $350.00 to $400.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 15th. Zelman & Associates raised shares of Sherwin-Williams to a “strong-buy” rating in a research report on Friday, January 17th. Finally, UBS Group reiterated an “underperform” rating on shares of Sherwin-Williams in a research note on Friday, October 18th. One research analyst has rated the stock with a sell rating, six have given a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Sherwin-Williams presently has a consensus rating of “Moderate Buy” and an average target price of $403.29.

Insider Buying and Selling

In related news, SVP Mary L. Garceau sold 15,770 shares of the 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 owns 29,205 shares in the company, valued at $11,621,253.60. This represents a 35.06 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Gregory P. Sofish sold 2,565 shares of Sherwin-Williams stock in a transaction that occurred 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 completion of the transaction, the senior vice president now directly owns 6,329 shares in the company, valued at approximately $2,396,349.27. This represents a 28.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.60% of the stock is owned by insiders.

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.