Rating Worth Watching: Is Sherwin-Williams (SHW) a Buy or a Sell? Learn What Atlantic Equities Thinks

November 29, 2016 - By Marguerite Chambers

Rating Worth Watching: Is Sherwin Williams (SHW) a Buy or a Sell? Learn What Atlantic Equities Thinks

How Atlantic Equities Rates Sherwin-Williams (SHW)

Equity analysts at Atlantic Equities has initiated coverage on shares of Sherwin-Williams (SHW) in a research note issued to clients on Tuesday morning, Octafinance.com reports. The financial firm set “Overweight” rating on SHW stock.

Sherwin-Williams Co (NYSE:SHW) Ratings Coverage

Out of 2 analysts covering Sherwin-Williams (SHW), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Sherwin-Williams has been the topic of 2 analyst reports since September 29, 2016 according to StockzIntelligence Inc. The stock of Sherwin-Williams Co (NYSE:SHW) has “Buy” rating given on Monday, October 10 by Argus Research. The stock of Sherwin-Williams Co (NYSE:SHW) has “Market Perform” rating given on Thursday, September 29 by Wells Fargo.

About 153,910 shares traded hands. Sherwin-Williams Co (SHW) has declined 8.70% since April 26, 2016 and is downtrending. It has underperformed by 13.96% the S&P500.

Analysts await Sherwin-Williams Co (NYSE:SHW) to report earnings on January, 26. They expect $2.10 earnings per share, down 0.94% or $0.02 from last year’s $2.12 per share. SHW’s profit will be $194.41 million for 32.88 P/E if the $2.10 EPS becomes a reality. After $4.23 actual earnings per share reported by Sherwin-Williams Co for the previous quarter, Wall Street now forecasts -50.35% negative EPS growth.

Insitutional Activity: The institutional sentiment increased to 1.1 in 2016 Q2. Its up 0.06, from 1.04 in 2016Q1. The ratio is positive, as 50 funds sold all Sherwin-Williams Co shares owned while 222 reduced positions. 73 funds bought stakes while 210 increased positions. They now own 67.61 million shares or 5.44% less from 71.50 million shares in 2016Q1.

Allianz Asset Management Ag holds 0% or 24,777 shares in its portfolio. Friess Associates Ltd Com accumulated 0.01% or 280 shares. Encompass Cap holds 29,900 shares or 2.6% of its portfolio. Oakbrook Investments Limited Liability Corporation holds 0.15% or 8,950 shares in its portfolio. Weiss Multi has 9,750 shares for 0.22% of their US portfolio. Lipe & Dalton holds 0.51% of its portfolio in Sherwin-Williams Co (NYSE:SHW) for 2,494 shares. Hermes Inv Mngmt has invested 0.02% of its portfolio in Sherwin-Williams Co (NYSE:SHW). Balyasny Asset Mngmt Ltd Com owns 776 shares or 0% of their US portfolio. Raymond James Fincl Advisors last reported 0.03% of its portfolio in the stock. Capital Rech Investors holds 166,000 shares or 0.02% of its portfolio. Wetherby Asset Mngmt Incorporated holds 1,047 shares or 0.07% of its portfolio. Motco holds 0% of its portfolio in Sherwin-Williams Co (NYSE:SHW) for 95 shares. The Georgia-based Vident Investment Advisory Limited Liability Company has invested 0.1% in Sherwin-Williams Co (NYSE:SHW). Chesley Taft & Assocs Ltd Limited Liability Company holds 7,500 shares or 0.23% of its portfolio. Pacific Glob Invest Management has invested 0.26% of its portfolio in Sherwin-Williams Co (NYSE:SHW).

Insider Transactions: Since August 1, 2016, the stock had 1 insider purchase, and 2 sales for $10.10 million net activity. Another trade for 30,353 shares valued at $9.07M was sold by MORIKIS JOHN G. STROPKI JOHN M bought $123,650 worth of stock or 500 shares. On Friday, August 5 the insider Baxter Joel D. sold $1.16 million.

The Sherwin-Williams Company is engaged in the development, manufacture, distribution and sale of paint, coatings and related products. The company has a market cap of $25.57 billion. The Firm has four operating divisions: Paint Stores Group, Consumer Group, Global Finishes Group and Latin America Coatings Group. It has a 23.15 P/E ratio. The Paint Stores Group markets and sells architectural paint and coatings, protective and marine products, original equipment maker product finishes and related items.

According to Zacks Investment Research, “Sherwin-Williams Co. is a manufacturer, distributor and retailer of paint, coatings and related products. It is the one of largest paint companies in the United States and in the world. Well known brands include Sherwin- Williams, Dutch Boy, Pratt & Lambert, Martin-Senour, Thompson’s, Minwax and Krylon. (Company Press Release)”

SHW Company Profile

The Sherwin-Williams Company (Sherwin-Williams), incorporated on July 16, 1884, is engaged in the development, manufacture, distribution and sale of paint, coatings and related products to professional, industrial, commercial and retail clients in North and South America with additional activities in the Caribbean region, Europe and Asia. The Firm has four operating divisions: Paint Stores Group, Consumer Group, Global Finishes Group and Latin America Coatings Group.

More news for Sherwin-Williams Co (NYSE:SHW) were recently published by: Fool.com, which released: “Why Sherwin-Williams Co.’s Shares Plunged 11% Today” on October 25, 2016. Prnewswire.com‘s article titled: “Sherwin-Williams Executive Chairman Chris Connor to Retire; President and CEO …” and published on November 07, 2016 is yet another important article.

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