Sherwin-Williams Co (SHW) : Private Trust Co Na reduced its stake in Sherwin-Williams Co by 5.74% during the most recent quarter end. The investment management company now holds a total of 7,791 shares of Sherwin-Williams Co which is valued at $2,099,363 after selling 474 shares in Sherwin-Williams Co , the firm said in a disclosure report filed with the SEC on Oct 13, 2016.Sherwin-Williams Co makes up approximately 0.52% of Private Trust Co Na’s portfolio.
Other Hedge Funds, Including , Eagle Asset Management Inc reduced its stake in SHW by selling 7,823 shares or 10.67% in the most recent quarter. The Hedge Fund company now holds 65,463 shares of SHW which is valued at $17,505,461. Sherwin-Williams Co makes up approx 0.12% of Eagle Asset Management Inc’s portfolio. Fox Run Management L.l.c. added SHW to its portfolio by purchasing 1,800 company shares during the most recent quarter which is valued at $481,338. Sherwin-Williams Co makes up approx 0.29% of Fox Run Management L.l.c.’s portfolio.Creative Planning boosted its stake in SHW in the latest quarter, The investment management firm added 3,684 additional shares and now holds a total of 5,753 shares of Sherwin-Williams Co which is valued at $1,538,410. Sherwin-Williams Co makes up approx 0.01% of Creative Planning’s portfolio.
Sherwin-Williams Co closed down -3.33 points or -1.23% at $267.41 with 12,50,634 shares getting traded on Tuesday. Post opening the session at $269.64, the shares hit an intraday low of $265.6 and an intraday high of $270.04 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
On the company’s financial health, Sherwin-Williams Co reported $4.06 EPS for the quarter, missing the analyst consensus estimate by $ -0.10 based on the information available during the earnings call on Jul 21, 2016. Analyst had a consensus of $4.16. The company had revenue of $3219.53 million for the quarter, compared to analysts expectations of $3283.57 million. The company’s revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.70 EPS.
Many Wall Street Analysts have commented on Sherwin-Williams Co. Sherwin-Williams Co was Upgraded by Argus to ” Buy” on Oct 10, 2016. Sherwin-Williams Co was Initiated by Wells Fargo to “Market Perform” on Sep 29, 2016. Sherwin-Williams Co was Upgraded by CLSA to ” Buy” on Jul 22, 2016.
The Sherwin-Williams Company is engaged in the development manufacture distribution and sale of paint coatings and related products. The Companys 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 (OEM) 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.