The Sherwin-Williams Company (NYSE:SHW) Shares Bought by Strategic Blueprint LLC

Strategic Blueprint LLC grew its holdings in shares of The Sherwin-Williams Company (NYSE:SHW) by 1.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,890 shares of the specialty chemicals company’s stock after acquiring an additional 61 shares during the period. Strategic Blueprint LLC’s holdings in Sherwin-Williams were worth $2,002,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Quarry LP lifted its position in shares of Sherwin-Williams by 436.9% during the second quarter. Quarry LP now owns 451 shares of the specialty chemicals company’s stock worth $135,000 after purchasing an additional 367 shares during the last quarter. Regal Investment Advisors LLC lifted its position in shares of Sherwin-Williams by 5.0% during the second quarter. Regal Investment Advisors LLC now owns 2,714 shares of the specialty chemicals company’s stock worth $810,000 after purchasing an additional 130 shares during the last quarter. EP Wealth Advisors LLC lifted its position in shares of Sherwin-Williams by 4.5% during the second quarter. EP Wealth Advisors LLC now owns 3,896 shares of the specialty chemicals company’s stock worth $1,163,000 after purchasing an additional 166 shares during the last quarter. Truist Financial Corp lifted its position in shares of Sherwin-Williams by 0.9% during the second quarter. Truist Financial Corp now owns 52,204 shares of the specialty chemicals company’s stock worth $15,579,000 after purchasing an additional 446 shares during the last quarter. Finally, Advisory Alpha LLC lifted its position in shares of Sherwin-Williams by 0.6% during the second quarter. Advisory Alpha LLC now owns 5,585 shares of the specialty chemicals company’s stock worth $1,667,000 after purchasing an additional 36 shares during the last quarter. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Zelman & Associates raised shares of Sherwin-Williams to a “strong-buy” rating in a report on Friday, January 17th. Mizuho cut their target price on shares of Sherwin-Williams from $435.00 to $408.00 and set an “outperform” rating on the stock in a report on Tuesday, January 7th. Evercore ISI raised their target price on shares of Sherwin-Williams from $400.00 to $420.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. JPMorgan Chase & Co. raised their target price on shares of Sherwin-Williams from $360.00 to $370.00 and gave the stock an “overweight” rating in a report on Wednesday, October 23rd. Finally, UBS Group reissued an “underperform” rating on shares of Sherwin-Williams in a report on Friday, October 18th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Sherwin-Williams presently has a consensus rating of “Moderate Buy” and an average price target of $400.65.

Insider Buying and Selling

In other Sherwin-Williams 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 value of $6,275,198.40. Following the transaction, the senior vice president now owns 29,205 shares of the company’s stock, valued at approximately $11,621,253.60. This represents a 35.06 % decrease in their ownership of the stock. 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 company’s stock in a transaction 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 directly owns 6,329 shares in the company, valued at $2,396,349.27. This represents a 28.84 % decrease in their position. The disclosure for this sale can be found here. 0.60% of the stock is owned by corporate insiders.

Sherwin-Williams Price Performance

Shares of NYSE:SHW opened at $360.43 on Thursday. The Sherwin-Williams Company has a 12 month low of $282.09 and a 12 month high of $400.42. The stock has a market cap of $90.77 billion, a price-to-earnings ratio of 35.90, a PEG ratio of 2.78 and a beta of 1.22. The stock’s 50 day moving average price is $360.82 and its 200 day moving average price is $363.06. The company has a debt-to-equity ratio of 1.97, a current ratio of 0.83 and a quick ratio of 0.51.

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.