ELM Advisors LLC reduced its position in shares of Sherwin-Williams Co (NYSE:SHW) by 1.0% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 2,525 shares of the company’s stock after selling 25 shares during the period. Sherwin-Williams comprises about 0.6% of ELM Advisors LLC’s portfolio, making the stock its 26th largest position. ELM Advisors LLC’s holdings in Sherwin-Williams were worth $655,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. BLB&B Advisors purchased a new position in Sherwin-Williams during the fourth quarter worth approximately $263,000. Brookstone Capital Management raised its position in Sherwin-Williams by 481.1% in the fourth quarter. Brookstone Capital Management now owns 1,017 shares of the company’s stock worth $264,000 after buying an additional 842 shares during the period. Perigon Wealth Management purchased a new position in Sherwin-Williams during the third quarter worth approximately $297,000. Wunderlich Securities raised its position in Sherwin-Williams by 17.4% in the fourth quarter. Wunderlich Securities now owns 1,161 shares of the company’s stock worth $301,000 after buying an additional 172 shares during the period. Finally, Parametrica Management raised its position in Sherwin-Williams by 20.7% in the fourth quarter. Parametrica Management now owns 1,285 shares of the company’s stock worth $334,000 after buying an additional 220 shares during the period.

Sherwin-Williams Co (NYSE:SHW) opened at 249.42 on Wednesday. Sherwin-Williams Co has a one year low of $218.27 and a one year high of $294.35. The firm has a market capitalization of $23.00 billion and a price-to-earnings ratio of 24.02. The company has a 50-day moving average of $255.17 and a 200 day moving average of $258.57.

A number of equities analysts have commented on SHW shares. Citigroup Inc. boosted their price target on shares of Sherwin-Williams from $274.00 to $281.00 in a research report on Tuesday, January 5th. Seaport Global Securities began coverage on shares of Sherwin-Williams in a research report on Tuesday, January 5th. They set an “accumulate” rating and a $295.00 target price on the stock. Goldman Sachs upgraded shares of Sherwin-Williams from a “neutral” rating to a “buy” rating in a research report on Wednesday, January 20th. Zacks Investment Research upgraded shares of Sherwin-Williams from a “hold” rating to a “buy” rating and set a $291.00 target price on the stock in a research report on Monday, January 4th. Finally, Barclays reduced their target price on shares of Sherwin-Williams from $300.00 to $295.00 and set an “equal weight” rating on the stock in a research report on Monday, November 2nd. Six equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $292.90.

In other Sherwin-Williams news, SVP Thomas E. Hopkins sold 2,916 shares of the firm’s stock in a transaction dated Monday, November 23rd. The shares were sold at an average price of $277.07, for a total value of $807,936.12. Following the transaction, the senior vice president now directly owns 26,868 shares of the company’s stock, valued at approximately $7,444,316.76. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Robert J. Davisson sold 3,500 shares of the firm’s stock in a transaction dated Tuesday, December 8th. The shares were sold at an average price of $272.62, for a total transaction of $954,170.00. Following the completion of the transaction, the insider now directly owns 13,818 shares in the company, valued at $3,767,063.16. The disclosure for this sale can be found here.

The Sherwin-Williams Company is engaged in the development, manufacture, distribution and sale of paint, coatings and related products. The Company’s segments include Paint Stores Group, Consumer Group, Global Finishes Group and Latin America Coatings Group. The Paint Stores Group markets and sells architectural paint and coatings, protective and marine products, original equipment manufacturer (NYSE:SHW) product finishes and related items. The Consumer Group develops, manufactures and distributes a range of paint, coatings and related products to third party customers. The Global Finishes Group develops, licenses, manufactures, distributes and sells a range of protective and marine products, automotive finishes and refinished products, and OEM product finishes, among others. The Latin America Coatings Group develops, licenses, manufactures, distributes and sells a range of architectural paint and coatings, protective and marine products, and OEM product finishes, among others.

12 Month Chart for NYSE:SHW

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