Arlington Trust Co LLC Increases Holdings in The Sherwin-Williams Company (NYSE:SHW)

Arlington Trust Co LLC grew its position in The Sherwin-Williams Company (NYSE:SHW) by 92.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 563 shares of the specialty chemicals company’s stock after buying an additional 271 shares during the period. Arlington Trust Co LLC’s holdings in Sherwin-Williams were worth $191,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. NORTHSTAR ASSET MANAGEMENT Co LLC grew its holdings in shares of Sherwin-Williams by 0.3% in the fourth quarter. NORTHSTAR ASSET MANAGEMENT Co LLC now owns 12,879 shares of the specialty chemicals company’s stock worth $4,378,000 after acquiring an additional 39 shares during the period. Regents Gate Capital LLP bought a new position in shares of Sherwin-Williams in the 4th quarter worth approximately $2,312,000. Soltis Investment Advisors LLC boosted its holdings in shares of Sherwin-Williams by 1.2% in the fourth quarter. Soltis Investment Advisors LLC now owns 8,164 shares of the specialty chemicals company’s stock worth $2,775,000 after buying an additional 97 shares during the last quarter. Opal Wealth Advisors LLC grew its position in Sherwin-Williams by 6.9% during the fourth quarter. Opal Wealth Advisors LLC now owns 759 shares of the specialty chemicals company’s stock valued at $258,000 after buying an additional 49 shares during the period. Finally, Elevate Capital Advisors LLC purchased a new stake in Sherwin-Williams during the fourth quarter valued at approximately $1,463,000. Institutional investors own 77.67% of the company’s stock.

Insiders Place Their Bets

In related news, SVP Mary L. Garceau sold 15,770 shares of the firm’s stock in a transaction dated Tuesday, November 26th. The shares were 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 directly owns 29,205 shares of the company’s stock, valued at approximately $11,621,253.60. This trade represents a 35.06 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Gregory P. Sofish sold 2,565 shares of the business’s stock in a transaction that occurred 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 owns 6,329 shares of the company’s stock, valued at approximately $2,396,349.27. This trade represents a 28.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.60% of the stock is currently owned by company insiders.

Sherwin-Williams Price Performance

Shares of SHW opened at $360.74 on Monday. The company has a market capitalization of $90.85 billion, a P/E ratio of 34.19, a P/E/G ratio of 3.15 and a beta of 1.22. The business’s 50-day moving average is $356.13 and its two-hundred day moving average is $364.75. The company has a debt-to-equity ratio of 2.02, a quick ratio of 0.46 and a current ratio of 0.79. The Sherwin-Williams Company has a fifty-two week low of $282.09 and a fifty-two week high of $400.42.

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

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Evercore ISI lifted their target price on Sherwin-Williams from $400.00 to $420.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. StockNews.com downgraded Sherwin-Williams from a “buy” rating to a “hold” rating in a research note on Thursday, November 28th. Barclays raised their price objective on shares of Sherwin-Williams from $355.00 to $370.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 23rd. Citigroup dropped their price objective on Sherwin-Williams from $430.00 to $420.00 and set a “buy” rating for the company in a research note on Thursday, October 24th. Finally, Mizuho lowered their price target on Sherwin-Williams from $435.00 to $408.00 and set an “outperform” rating on the stock in a report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, six have given a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $400.00.

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.