Venturi Wealth Management LLC Has $1.50 Million Holdings in The Sherwin-Williams Company (NYSE:SHW)

Venturi Wealth Management LLC raised its holdings in The Sherwin-Williams Company (NYSE:SHW) by 3.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 4,400 shares of the specialty chemicals company’s stock after acquiring an additional 159 shares during the quarter. Venturi Wealth Management LLC’s holdings in Sherwin-Williams were worth $1,496,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Valued Wealth Advisors LLC raised its position in Sherwin-Williams by 88.9% in the 3rd 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 last quarter. First Personal Financial Services bought a new position in shares of Sherwin-Williams during the 3rd quarter worth $29,000. FSA Wealth Management LLC bought a new position in shares of Sherwin-Williams during the 3rd quarter worth $32,000. GHP Investment Advisors Inc. boosted its stake in Sherwin-Williams by 47.5% in the 3rd quarter. GHP Investment Advisors Inc. now owns 87 shares of the specialty chemicals company’s stock worth $33,000 after purchasing an additional 28 shares during the period. Finally, Sierra Ocean LLC bought a new position in Sherwin-Williams in the 4th quarter worth about $36,000. 77.67% of the stock is owned by institutional investors and hedge funds.

Sherwin-Williams Trading Down 1.1 %

Shares of NYSE SHW opened at $352.98 on Wednesday. The business’s 50 day moving average is $352.19 and its two-hundred day moving average is $365.40. The company has a debt-to-equity ratio of 2.02, a current ratio of 0.79 and a quick ratio of 0.46. The Sherwin-Williams Company has a 1-year low of $282.09 and a 1-year high of $400.42. The stock has a market capitalization of $88.90 billion, a P/E ratio of 33.46, a PEG ratio of 3.15 and a beta of 1.22.

Sherwin-Williams (NYSE:SHW) last announced its earnings results on Thursday, January 30th. The specialty chemicals company reported $2.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.07 by $0.02. Sherwin-Williams had a return on equity of 74.50% and a net margin of 11.61%. During the same quarter last year, the firm earned $1.81 earnings per share. As a group, research analysts expect that The Sherwin-Williams Company will post 12 EPS for the current year.

Wall Street Analysts Forecast Growth

SHW has been the topic of a number of research reports. Citigroup decreased their price objective on Sherwin-Williams from $430.00 to $420.00 and set a “buy” rating on the stock in a report on Thursday, October 24th. Robert W. Baird lifted their price objective on Sherwin-Williams from $350.00 to $360.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 23rd. Royal Bank of Canada cut their price objective on Sherwin-Williams from $438.00 to $415.00 and set an “outperform” rating on the stock in a research report on Monday, February 3rd. Morgan Stanley dropped their price target on Sherwin-Williams from $450.00 to $405.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 28th. Finally, Berenberg Bank upgraded Sherwin-Williams from a “hold” rating to a “buy” rating and lifted their price objective for the company from $321.00 to $420.00 in a research note on Friday, January 24th. One analyst has rated the stock with a sell rating, six have issued a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $400.00.

Insider Buying and Selling 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 transaction, the senior vice president now owns 29,205 shares in the company, valued at $11,621,253.60. The trade was a 35.06 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.60% of the company’s stock.

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.