Atomi Financial Group Inc. Buys 431 Shares of The Sherwin-Williams Company (NYSE:SHW)

Atomi Financial Group Inc. increased its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 8.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,267 shares of the specialty chemicals company’s stock after acquiring an additional 431 shares during the quarter. Atomi Financial Group Inc.’s holdings in Sherwin-Williams were worth $1,790,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Valued Wealth Advisors LLC raised its holdings in shares of Sherwin-Williams by 88.9% during the third quarter. Valued Wealth Advisors LLC now owns 68 shares of the specialty chemicals company’s stock valued at $26,000 after purchasing an additional 32 shares during the period. First Personal Financial Services bought a new stake in Sherwin-Williams in the 3rd quarter valued at about $29,000. Semmax Financial Advisors Inc. raised its stake in Sherwin-Williams by 136.4% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 104 shares of the specialty chemicals company’s stock worth $31,000 after buying an additional 60 shares during the period. FSA Wealth Management LLC bought a new position in Sherwin-Williams in the third quarter worth approximately $32,000. Finally, GHP Investment Advisors Inc. grew its stake in Sherwin-Williams by 47.5% in the third quarter. GHP Investment Advisors Inc. now owns 87 shares of the specialty chemicals company’s stock valued at $33,000 after acquiring an additional 28 shares during the period. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on SHW shares. Mizuho lowered their target price on Sherwin-Williams from $435.00 to $408.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. Morgan Stanley raised their price objective on shares of Sherwin-Williams from $375.00 to $450.00 and gave the company an “overweight” rating in a research note on Friday, October 18th. Citigroup reduced their price objective on shares of Sherwin-Williams from $430.00 to $420.00 and set a “buy” rating for the company in a report on Thursday, October 24th. JPMorgan Chase & Co. upped 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, Evercore ISI lifted their price target on Sherwin-Williams from $400.00 to $420.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, Sherwin-Williams has a consensus rating of “Moderate Buy” and a consensus target price of $402.25.

Insider Buying and Selling at Sherwin-Williams

In other Sherwin-Williams news, SVP Gregory P. Sofish sold 2,565 shares of the business’s stock in a transaction 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 sale, the senior vice president now directly owns 6,329 shares in the company, valued at $2,396,349.27. The trade was a 28.84 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Mary L. Garceau sold 15,770 shares of the 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 $11,621,253.60. The trade was a 35.06 % 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 Stock Up 2.1 %

Shares of NYSE:SHW opened at $361.33 on Wednesday. The Sherwin-Williams Company has a 1 year low of $282.09 and a 1 year high of $400.42. The company has a market capitalization of $91.00 billion, a PE ratio of 35.99, a price-to-earnings-growth ratio of 2.72 and a beta of 1.22. The business has a fifty day moving average price of $363.19 and a two-hundred day moving average price of $360.69. The company has a debt-to-equity ratio of 1.97, a current ratio of 0.83 and a quick ratio of 0.51.

Sherwin-Williams (NYSE:SHW) last posted its quarterly earnings results on Tuesday, October 22nd. The specialty chemicals company reported $3.37 earnings per share for the quarter, missing the consensus estimate of $3.56 by ($0.19). The company had revenue of $6.16 billion for the quarter, compared to the consensus estimate of $6.20 billion. Sherwin-Williams had a net margin of 11.09% and a return on equity of 74.45%. Sherwin-Williams’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.20 EPS. Analysts forecast that The Sherwin-Williams Company will post 11.32 earnings per share for the current year.

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.