Sherwin-Williams (SHW) Coverage Initiated at Moffett Nathanson

Marco Green
December 17, 2017

Capital Analysts LLC now owns 2,823 shares of the specialty chemicals company's stock worth $991,000 after purchasing an additional 195 shares in the last quarter. Jana Partners Llc who had been investing in Sherwin Williams Co for a number of months, seems to be less bullish one the $37.76 billion market cap company. Increased volatility and interest from bargain investors have put the stock on a number of investor's watchlists of late. The fund owned 95,981 shares of the specialty chemicals company's stock after buying an additional 3,443 shares during the quarter. The Sherwin-Williams Company (NYSE:SHW) has risen 15.27% since December 17, 2016 and is uptrending. It has underperformed by 1.43% the S&P500.

Alley Company Llc increased its stake in 3M Co (MMM) by 84.06% based on its latest 2017Q2 regulatory filing with the SEC. Moreover, Columbia Pacific Advisors Llc has 0.99% invested in the company for 550,556 shares. The institutional investor held 834,074 shares of the property-casualty insurers company at the end of 2017Q2, valued at $45.56 million, up from 675,330 at the end of the previous reported quarter. The stock increased 0.40% or $0.26 during the last trading session, reaching $64.79. The shares were sold at an average price of $389.26, for a total transaction of $924,881.76. Merlin Entertainments plc (LON:MERL) has 0.00% since December 16, 2016 and is. It has underperformed by 25.94% the S&P500. Marketfield Asset Mngmt Ltd Liability reported 1.33% of its portfolio in The Sherwin-Williams Company (NYSE:SHW). They expect $3.20 EPS, up 36.75% or $0.86 from last year's $2.34 per share. SHW's profit will be $299.24 million for 31.27 P/E if the $3.20 EPS becomes a reality. The specialty chemicals company reported $4.75 EPS for the quarter, beating the Zacks' consensus estimate of $4.70 by $0.05. The company has a debt-to-equity ratio of 3.68, a quick ratio of 0.68 and a current ratio of 1.07. It worsened, as 43 investors sold SHW shares while 224 reduced holdings. 91 funds opened positions while 236 raised stakes. Northwestern Mutual Wealth Management Company reported 0.01% stake.

Investors sentiment decreased to 0.8 in Q2 2017. The specialty chemicals company reported $2.27 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.07 by $0.20. Weik Invest holds 1.04% or 10,610 shares. Following the completion of the sale, the insider now owns 14,812 shares of the company's stock, valued at $5,777,716.84. 40 North Mgmt Limited Com stated it has 2.11% of its portfolio in The Sherwin-Williams Company (NYSE:SHW). Cap Advisors Ok has 0.11% invested in ConocoPhillips (NYSE:COP). It also reduced Ipg Photonics Corp (NASDAQ:IPGP) stake by 9,600 shares and now owns 30,505 shares. Qs Lc accumulated 13,074 shares or 0.02% of the stock. The Thai Fund, Inc. More interesting news about The Sherwin-Williams Company (NYSE:SHW) were released by: Benzinga.com and their article: "Jim Cramer Gives His Opinion IDT, Sherwin-Williams And Immunomedics" published on December 01, 2017 as well as Fool.com's news article titled: "3 Stocks for Warren Buffett Fans" with publication date: December 13, 2017. Alexandria Capital Ltd Liability Company holds 11 shares or 0% of its portfolio. Moreover, Carderock Mgmt has 0.99% invested in The Sherwin-Williams Company (NYSE:SHW) for 6,225 shares. Principal Financial Group Inc. now owns 1,057,305 shares of the specialty chemicals company's stock worth $378,558,000 after purchasing an additional 247,553 shares during the last quarter. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have given a buy rating to the stock. Therefore 47% are positive. The rating was downgraded by Bernstein on Thursday, July 6 to "Market Perform". Robert W. Baird restated a "buy" rating and set a $375.00 price target on shares of Sherwin-Williams in a research report on Friday, September 1st. Maple Capital Mngmt reported 0.14% of its portfolio in The Sherwin-Williams Company (NYSE:SHW). Jefferies has "Hold" rating and $400 target. The firm earned "Buy" rating on Wednesday, January 20 by Goldman Sachs. The firm has "Buy" rating by RBC Capital Markets given on Thursday, July 13. The company presently has a consensus rating of "Hold" and a consensus target price of $404.10. The stock now has a consensus rating of "Hold" and a consensus target price of $404.10. The firm has "Market Perform" rating by Wells Fargo given on Wednesday, October 25.

Investors sentiment increased to 0.91 in Q2 2017. Its down 0.01, from 1.22 in 2017Q1. It improved, as 53 investors sold UNH shares while 496 reduced holdings. 131 funds opened positions while 449 raised stakes. Motco invested in 0% or 113 shares. Nbt State Bank N A has 600 shares.

Jvl Advisors L.L.C. holds 9.46% of its portfolio in Jones Energy, Inc. for 17.87 million shares. (NYSE:RLI). Voya Inv Mgmt Ltd Llc has invested 0% in RLI Corp. (NYSE:NKE) rating on Thursday, December 14. Blair William & Il reported 0.19% of its portfolio in UnitedHealth Group Incorporated (NYSE:UNH). Kbc Group Nv invested 0.06% in The Sherwin-Williams Company (NYSE:SHW). (NYSE:RLI). Century Cos stated it has 0.03% of its portfolio in RLI Corp. 20,744 are held by Signalpoint Asset Mgmt Limited Liability Corporation.

Since August 17, 2017, it had 0 insider purchases, and 1 sale for $1.07 million activity.

Hitchwood Capital Management Lp increased Visa Inc (NYSE:V) stake by 300,000 shares to 1.00M valued at $93.78 million in 2017Q2.

Several other hedge funds have also recently modified their holdings of the business. 994.42 million shares or 3.48% less from 1.03 billion shares in 2017Q1 were reported. Therefore 55% are positive. RLI Corporation had 23 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Oppenheimer on Monday, October 19 with "Outperform". The firm has "Neutral" rating by UBS given on Thursday, January 26. The stock has "Hold" rating by Kepler Cheuvreux on Friday, July 29. As per Friday, June 9, the company rating was maintained by Barclays Capital. The rating was maintained by Compass Point on Wednesday, January 27 with "Neutral". The company was maintained on Monday, September 7 by Citigroup. The stock has "Hold" rating by FBR Capital on Friday, April 21. $200,333 worth of UnitedHealth Group Incorporated (NYSE:UNH) shares were sold by ROOS THOMAS E. On Monday, August 21 BURKE RICHARD T sold $2.88M worth of UnitedHealth Group Incorporated (NYSE:UNH) or 15,000 shares.

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