Sanibel Captiva Trust Company Inc. Invests $253,000 in The Sherwin-Williams Company (NYSE:SHW)

Sanibel Captiva Trust Company Inc. acquired a new stake in The Sherwin-Williams Company (NYSE:SHW) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 744 shares of the specialty chemicals company’s stock, valued at approximately $253,000.

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

Sherwin-Williams Price Performance

Shares of SHW stock opened at $353.97 on Monday. The company has a debt-to-equity ratio of 1.97, a current ratio of 0.83 and a quick ratio of 0.51. The stock’s fifty day simple moving average is $363.89 and its 200 day simple moving average is $359.85. The Sherwin-Williams Company has a one year low of $282.09 and a one year high of $400.42. The firm has a market cap of $89.15 billion, a price-to-earnings ratio of 35.26, a P/E/G ratio of 2.39 and a beta of 1.22.

Sherwin-Williams (NYSE:SHW) last posted its 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). Sherwin-Williams had a return on equity of 74.45% and a net margin of 11.09%. The firm had revenue of $6.16 billion during the quarter, compared to the consensus estimate of $6.20 billion. During the same period in the previous year, the company posted $3.20 EPS. The firm’s revenue for the quarter was up .7% compared to the same quarter last year. On average, analysts expect that The Sherwin-Williams Company will post 11.32 earnings per share for the current fiscal year.

Insider Transactions at Sherwin-Williams

In other news, SVP Mary L. Garceau sold 15,770 shares of the firm’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 completion of the sale, the senior vice president now directly owns 29,205 shares in the company, valued at approximately $11,621,253.60. This trade represents a 35.06 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Gregory P. Sofish sold 2,565 shares of the company’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $378.63, for a total transaction of $971,185.95. Following the transaction, the senior vice president now owns 6,329 shares in the company, valued at approximately $2,396,349.27. This trade represents a 28.84 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.60% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Citigroup lowered their target price on shares of Sherwin-Williams from $430.00 to $420.00 and set a “buy” rating on the stock in a research note on Thursday, October 24th. KeyCorp reissued a “sector weight” rating on shares of Sherwin-Williams in a research report on Monday, October 7th. StockNews.com lowered Sherwin-Williams from a “buy” rating to a “hold” rating in a report on Thursday, November 28th. Morgan Stanley upped their price target on Sherwin-Williams from $375.00 to $450.00 and gave the stock an “overweight” rating in a report on Friday, October 18th. Finally, UBS Group restated 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 issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $402.25.

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.