Sherwin-Williams Co (NYSE:SHW) – KeyCorp issued their Q1 2018 earnings per share estimates for shares of Sherwin-Williams in a report released on Tuesday. KeyCorp analyst M. Sison expects that the specialty chemicals company will post earnings per share of $3.24 for the quarter. KeyCorp has a “Overweight” rating and a $465.00 price target on the stock. KeyCorp also issued estimates for Sherwin-Williams’ Q2 2018 earnings at $5.50 EPS, Q3 2018 earnings at $5.75 EPS and Q4 2018 earnings at $3.76 EPS.

A number of other equities research analysts have also recently weighed in on the company. Robert W. Baird reaffirmed a “buy” rating and issued a $475.00 price objective on shares of Sherwin-Williams in a research note on Wednesday, January 10th. Zacks Investment Research upgraded Sherwin-Williams from a “hold” rating to a “buy” rating and set a $463.00 target price for the company in a report on Friday, January 5th. Deutsche Bank assumed coverage on Sherwin-Williams in a report on Friday, December 22nd. They issued a “hold” rating and a $420.00 target price for the company. Raymond James Financial assumed coverage on Sherwin-Williams in a report on Tuesday, December 19th. They issued a “strong-buy” rating and a $496.00 target price for the company. Finally, Royal Bank of Canada reiterated a “buy” rating and issued a $455.00 target price on shares of Sherwin-Williams in a report on Thursday, December 14th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $417.39.

Shares of Sherwin-Williams (SHW) opened at $426.94 on Thursday. Sherwin-Williams has a one year low of $280.14 and a one year high of $435.15. The company has a quick ratio of 0.68, a current ratio of 1.07 and a debt-to-equity ratio of 3.68. The firm has a market capitalization of $39,637.74, a price-to-earnings ratio of 37.55, a PEG ratio of 1.94 and a beta of 1.22.

Sherwin-Williams (NYSE:SHW) last issued its quarterly earnings data on Tuesday, October 24th. The specialty chemicals company reported $4.75 earnings per share for the quarter, beating the Zacks’ consensus estimate of $4.70 by $0.05. Sherwin-Williams had a return on equity of 58.02% and a net margin of 7.82%. The business had revenue of $4.51 billion during the quarter, compared to analysts’ expectations of $4.45 billion. During the same period in the previous year, the firm posted $4.23 earnings per share. The company’s revenue was up 37.4% on a year-over-year basis.

Several institutional investors have recently bought and sold shares of SHW. BRYN MAWR TRUST Co increased its position in Sherwin-Williams by 0.7% in the 2nd quarter. BRYN MAWR TRUST Co now owns 1,030 shares of the specialty chemicals company’s stock valued at $361,000 after acquiring an additional 7 shares during the period. Ameritas Investment Partners Inc. increased its position in Sherwin-Williams by 0.9% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 3,372 shares of the specialty chemicals company’s stock valued at $1,182,000 after acquiring an additional 30 shares during the period. Wilbanks Smith & Thomas Asset Management LLC increased its position in Sherwin-Williams by 1.5% in the 2nd quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 2,150 shares of the specialty chemicals company’s stock valued at $755,000 after acquiring an additional 31 shares during the period. National Asset Management Inc. increased its position in Sherwin-Williams by 3.1% in the 2nd quarter. National Asset Management Inc. now owns 1,244 shares of the specialty chemicals company’s stock valued at $438,000 after acquiring an additional 37 shares during the period. Finally, Suntrust Banks Inc. increased its position in Sherwin-Williams by 0.3% in the 2nd quarter. Suntrust Banks Inc. now owns 19,366 shares of the specialty chemicals company’s stock valued at $6,796,000 after acquiring an additional 52 shares during the period. 75.62% of the stock is owned by institutional investors and hedge funds.

In other news, insider Robert J. Davisson sold 1,000 shares of the business’s stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $407.11, for a total value of $407,110.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Robert J. Wells sold 2,946 shares of the business’s stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $409.11, for a total value of $1,205,238.06. Following the completion of the sale, the senior vice president now directly owns 18,363 shares of the company’s stock, valued at $7,512,486.93. The disclosure for this sale can be found here. Insiders sold a total of 15,122 shares of company stock valued at $5,969,846 over the last three months. Company insiders own 1.69% of the company’s stock.

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About Sherwin-Williams

The Sherwin-Williams Company (Sherwin-Williams) is engaged in the development, manufacture, distribution and sale of paint, coatings and related products. The Company’s segments are Paint Stores Group, Consumer Group, Global Finishes Group, Latin America Coatings Group and Administrative. The Paint Stores Group markets and sells Sherwin-Williams branded architectural paint and coatings, protective and marine products, original equipment manufacturer (OEM) product finishes and related items.

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