Creative Planning boosted its stake in shares of Sherwin-Williams Co (NYSE:SHW) by 11.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 8,272 shares of the specialty chemicals company’s stock after purchasing an additional 819 shares during the quarter. Creative Planning’s holdings in Sherwin-Williams were worth $3,255,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Carroll Financial Associates Inc. grew its position in shares of Sherwin-Williams by 4.3% in the fourth quarter. Carroll Financial Associates Inc. now owns 657 shares of the specialty chemicals company’s stock valued at $260,000 after purchasing an additional 27 shares during the last quarter. CWM LLC grew its position in shares of Sherwin-Williams by 12.1% in the fourth quarter. CWM LLC now owns 314 shares of the specialty chemicals company’s stock valued at $124,000 after purchasing an additional 34 shares during the last quarter. Sigma Planning Corp grew its position in shares of Sherwin-Williams by 1.4% in the fourth quarter. Sigma Planning Corp now owns 2,526 shares of the specialty chemicals company’s stock valued at $994,000 after purchasing an additional 34 shares during the last quarter. Crescent Grove Advisors LLC grew its position in shares of Sherwin-Williams by 1.3% in the fourth quarter. Crescent Grove Advisors LLC now owns 4,246 shares of the specialty chemicals company’s stock valued at $1,671,000 after purchasing an additional 54 shares during the last quarter. Finally, Appleton Partners Inc. MA grew its position in shares of Sherwin-Williams by 0.5% in the fourth quarter. Appleton Partners Inc. MA now owns 17,167 shares of the specialty chemicals company’s stock valued at $6,755,000 after purchasing an additional 77 shares during the last quarter. Institutional investors own 76.18% of the company’s stock.

Shares of SHW opened at $421.05 on Thursday. The company has a current ratio of 1.01, a quick ratio of 0.59 and a debt-to-equity ratio of 2.33. The company has a market cap of $39.50 billion, a P/E ratio of 22.72, a PEG ratio of 1.61 and a beta of 1.29. Sherwin-Williams Co has a 1 year low of $355.28 and a 1 year high of $479.64.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings data on Thursday, January 31st. The specialty chemicals company reported $3.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.56 by ($0.02). The firm had revenue of $4.06 billion for the quarter, compared to analysts’ expectations of $4.05 billion. Sherwin-Williams had a net margin of 6.32% and a return on equity of 46.48%. During the same period in the previous year, the company posted $3.16 EPS. On average, equities analysts predict that Sherwin-Williams Co will post 21.26 EPS for the current year.

Several analysts have recently commented on the stock. Citigroup lowered shares of Sherwin-Williams from a “buy” rating to a “neutral” rating and lowered their price target for the company from $492.00 to $435.00 in a research report on Wednesday, October 10th. Credit Suisse Group reiterated a “buy” rating and issued a $467.00 price target on shares of Sherwin-Williams in a research report on Thursday, January 31st. Robert W. Baird reiterated an “outperform” rating and issued a $480.00 price target (up from $450.00) on shares of Sherwin-Williams in a research report on Friday, February 1st. Longbow Research assumed coverage on shares of Sherwin-Williams in a research report on Friday, November 30th. They issued a “neutral” rating on the stock. Finally, Deutsche Bank upgraded shares of Sherwin-Williams from a “hold” rating to a “buy” rating and increased their price target for the company from $400.00 to $465.00 in a research report on Tuesday, December 4th. Nine equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. Sherwin-Williams currently has an average rating of “Buy” and a consensus price target of $461.10.

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About Sherwin-Williams

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.

Further Reading: How Does the Quiet Period Work?

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

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