Landmark Bank cut its holdings in Sherwin-Williams Co (NYSE:SHW) by 4.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,201 shares of the specialty chemicals company’s stock after selling 51 shares during the quarter. Landmark Bank’s holdings in Sherwin-Williams were worth $473,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. CMH Wealth Management LLC acquired a new position in Sherwin-Williams during the 4th quarter worth approximately $35,000. Contravisory Investment Management Inc. acquired a new position in Sherwin-Williams during the 4th quarter worth approximately $44,000. Csenge Advisory Group acquired a new position in Sherwin-Williams during the 3rd quarter worth approximately $66,000. Ipswich Investment Management Co. Inc. acquired a new position in Sherwin-Williams during the 4th quarter worth approximately $109,000. Finally, LFA Lugano Financial Advisors SA acquired a new position in Sherwin-Williams during the 3rd quarter worth approximately $112,000. Institutional investors and hedge funds own 76.24% of the company’s stock.

A number of equities analysts have weighed in on SHW shares. Credit Suisse Group set a $500.00 price target on Sherwin-Williams and gave the stock a “buy” rating in a research report on Monday, October 15th. Citigroup downgraded Sherwin-Williams from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $492.00 to $435.00 in a research report on Wednesday, October 10th. ValuEngine downgraded Sherwin-Williams from a “buy” rating to a “hold” rating in a research report on Wednesday, October 3rd. JPMorgan Chase & Co. raised Sherwin-Williams from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $380.00 to $415.00 in a research report on Monday, December 17th. Finally, Edward Jones raised Sherwin-Williams from a “hold” rating to a “buy” rating in a research report on Tuesday, October 16th. Nine equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $458.65.

Shares of NYSE SHW traded down $0.58 during trading hours on Wednesday, hitting $393.39. The company had a trading volume of 741,417 shares, compared to its average volume of 933,748. The company has a market cap of $37.31 billion, a PE ratio of 27.57, a PEG ratio of 1.43 and a beta of 1.31. The company has a current ratio of 1.04, a quick ratio of 0.66 and a debt-to-equity ratio of 2.19. Sherwin-Williams Co has a 1-year low of $355.28 and a 1-year high of $479.64.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings data on Thursday, October 25th. The specialty chemicals company reported $5.68 EPS for the quarter, missing the consensus estimate of $5.71 by ($0.03). The company had revenue of $4.73 billion during the quarter, compared to analyst estimates of $4.78 billion. Sherwin-Williams had a net margin of 10.92% and a return on equity of 45.22%. As a group, sell-side analysts predict that Sherwin-Williams Co will post 18.54 EPS for the current fiscal year.

In related news, Director John M. Stropki acquired 675 shares of the business’s stock in a transaction dated Monday, October 29th. The stock was bought at an average price of $375.00 per share, with a total value of $253,125.00. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.78% of the company’s stock.

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Sherwin-Williams Profile

The Sherwin-Williams Company develops, manufactures, distributes, and sells paints, coatings, and related products to professional, industrial, commercial, and retail customers primarily in North and South America, the Caribbean, Europe, Asia, and Australia. The company operates in three segments: The Americas Group, Consumer Brands Group, and Performance Coatings Group.

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Institutional Ownership by Quarter for Sherwin-Williams (NYSE:SHW)

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