Sherwin Williams Co (SHW) Market Value Rose While Sirios Capital Management LP Has Upped Its Holding

January 20, 2018 - By Adrian Erickson

Investors sentiment decreased to 1.21 in 2017 Q3. Its down 0.01, from 1.22 in 2017Q2. It dived, as 60 investors sold SHW shares while 210 reduced holdings. 80 funds opened positions while 247 raised stakes. 69.43 million shares or 2.00% more from 68.06 million shares in 2017Q2 were reported. Liberty Mutual Gru Asset Mgmt Inc accumulated 3,395 shares. Germany-based Deutsche National Bank Ag has invested 0.06% in The Sherwin-Williams Company (NYSE:SHW). Gotham Asset Lc holds 5,978 shares. Bancorporation Of Nova Scotia Trust reported 0% stake. Hancock Hldgs invested in 0.02% or 1,440 shares. Incline Ltd Co owns 116,601 shares. Papp L Roy And Assoc invested in 0.41% or 5,250 shares. Virtus Investment Advisers invested in 0.32% or 8,529 shares. Corbyn Inv Mgmt Incorporated Md holds 2.84% or 24,920 shares. Union Bank invested in 1,050 shares. Intrust National Bank & Trust Na owns 1,141 shares. Hm Payson & holds 0.08% or 5,277 shares in its portfolio. The Pennsylvania-based Hirtle Callaghan Lc has invested 0% in The Sherwin-Williams Company (NYSE:SHW). Harvest Mgmt Limited Liability owns 2,200 shares. Hermes Invest Management, United Kingdom-based fund reported 2,800 shares.

John Brennan increased its stake in Sherwin Williams Co (SHW) by 5.47% based on its latest 2017Q3 regulatory filing with the SEC. Sirios Capital Management LP bought 27,947 shares as the company’s stock rose 6.75% with the market. The hedge fund run by John Brennan held 538,506 shares of the building materials company at the end of 2017Q3, valued at $192.81 million, up from 510,559 at the end of the previous reported quarter. Sirios Capital Management LP who had been investing in Sherwin Williams Co for a number of months, seems to be bullish on the $40.29 billion market cap company. The stock increased 0.01% or $0.04 during the last trading session, reaching $430.8. About 653,166 shares traded or 37.42% up from the average. The Sherwin-Williams Company (NYSE:SHW) has risen 15.27% since January 20, 2017 and is uptrending. It has underperformed by 1.43% the S&P500.

Sirios Capital Management L P, which manages about $2.06B and $1.91B US Long portfolio, decreased its stake in Bank Amer Corp (NYSE:BAC) by 3.25 million shares to 2.52M shares, valued at $63.97M in 2017Q3, according to the filing. It also reduced its holding in Conocophillips (NYSE:COP) by 162,152 shares in the quarter, leaving it with 143,691 shares, and cut its stake in Nabors Industries Ltd (NYSE:NBR).

More recent The Sherwin-Williams Company (NYSE:SHW) news were published by: Nasdaq.com which released: “Sherwin-Williams Reaches Analyst Target Price” on January 08, 2018. Also Twst.com published the news titled: “Sherwin Williams Co.: Sherwin-Williams to Announce Year-End 2017 Financial …” on January 03, 2018. Nasdaq.com‘s news article titled: “Sherwin-Williams Hits New 52-Week High: What’s Driving It?” with publication date: January 15, 2018 was also an interesting one.

The Sherwin-Williams Company (NYSE:SHW) Ratings Coverage

Among 28 analysts covering Sherwin-Williams Company (NYSE:SHW), 20 have Buy rating, 0 Sell and 8 Hold. Therefore 71% are positive. Sherwin-Williams Company has $511.0 highest and $265 lowest target. $400.37’s average target is -7.06% below currents $430.8 stock price. Sherwin-Williams Company had 58 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Buy” rating by KeyBanc Capital Markets on Thursday, January 11. The stock of The Sherwin-Williams Company (NYSE:SHW) has “Neutral” rating given on Wednesday, September 23 by Longbow. The firm has “Buy” rating given on Wednesday, March 16 by Longbow. The firm has “Buy” rating given on Wednesday, October 25 by Citigroup. On Monday, January 8 the stock rating was maintained by Susquehanna with “Buy”. The rating was upgraded by Northcoast on Wednesday, July 22 to “Buy”. The stock has “Neutral” rating by UBS on Wednesday, October 25. The stock has “Buy” rating by RBC Capital Markets on Monday, September 18. The firm has “Buy” rating by Goldman Sachs given on Thursday, June 8. Sterne Agee CRT upgraded the stock to “Neutral” rating in Tuesday, August 25 report.

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