Allen Capital Group LLC Purchases 37 Shares of The Sherwin-Williams Company (NYSE:SHW)

Allen Capital Group LLC lifted its holdings in The Sherwin-Williams Company (NYSE:SHW) by 2.2% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,709 shares of the specialty chemicals company’s stock after purchasing an additional 37 shares during the period. Allen Capital Group LLC’s holdings in Sherwin-Williams were worth $581,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in SHW. Strategic Blueprint LLC raised its position in Sherwin-Williams by 1.0% in the fourth quarter. Strategic Blueprint LLC now owns 5,890 shares of the specialty chemicals company’s stock worth $2,002,000 after acquiring an additional 61 shares during the period. Nvest Financial LLC lifted its stake in shares of Sherwin-Williams by 27.6% during the 4th quarter. Nvest Financial LLC now owns 4,803 shares of the specialty chemicals company’s stock valued at $1,633,000 after buying an additional 1,039 shares in the last quarter. Asset Dedication LLC boosted its holdings in Sherwin-Williams by 23.0% in the 4th quarter. Asset Dedication LLC now owns 2,810 shares of the specialty chemicals company’s stock worth $955,000 after buying an additional 526 shares during the period. SteelPeak Wealth LLC lifted its position in shares of Sherwin-Williams by 162.7% in the fourth quarter. SteelPeak Wealth LLC now owns 3,089 shares of the specialty chemicals company’s stock valued at $1,050,000 after acquiring an additional 1,913 shares in the last quarter. Finally, BSW Wealth Partners boosted its stake in shares of Sherwin-Williams by 14.3% in the fourth quarter. BSW Wealth Partners now owns 1,078 shares of the specialty chemicals company’s stock worth $366,000 after acquiring an additional 135 shares during the period. Institutional investors own 77.67% of the company’s stock.

Insider Transactions at Sherwin-Williams

In related news, SVP Mary L. Garceau sold 15,770 shares of the company’s stock in a transaction dated Tuesday, November 26th. The shares were 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 of the company’s stock, valued at approximately $11,621,253.60. This represents a 35.06 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Gregory P. Sofish sold 2,565 shares of the stock in a transaction that occurred 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 sale, the senior vice president now directly owns 6,329 shares of the company’s stock, valued at approximately $2,396,349.27. This represents a 28.84 % 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 Price Performance

Shares of SHW opened at $363.64 on Wednesday. The company has a market capitalization of $91.58 billion, a P/E ratio of 36.27, a P/E/G ratio of 2.78 and a beta of 1.22. The Sherwin-Williams Company has a fifty-two week low of $282.09 and a fifty-two week high of $400.42. The business’s 50-day moving average is $360.82 and its two-hundred day moving average is $363.06. The company has a debt-to-equity ratio of 1.97, a quick ratio of 0.51 and a current ratio of 0.83.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on SHW shares. Zelman & Associates upgraded Sherwin-Williams to a “strong-buy” rating in a research report on Friday, January 17th. KeyCorp restated a “sector weight” rating on shares of Sherwin-Williams in a research report on Monday, October 7th. StockNews.com downgraded Sherwin-Williams from a “buy” rating to a “hold” rating in a research report on Thursday, November 28th. Royal Bank of Canada lowered their price objective on shares of Sherwin-Williams from $455.00 to $446.00 and set an “outperform” rating for the company in a research report on Thursday, October 24th. Finally, Berenberg Bank raised shares of Sherwin-Williams from a “hold” rating to a “buy” rating and raised their target price for the stock from $321.00 to $420.00 in a research report on Friday, January 24th. One research analyst has rated the stock with a sell rating, six have given a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Sherwin-Williams presently has an average rating of “Moderate Buy” and a consensus price target 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.