Sherwin Williams Co (Call) (SHW) Shareholder Incline Global Management LLC Has Lowered Position by $9.29 Million

June 13, 2018 - By James Hentges

The Sherwin-Williams Company (NYSE:SHW) LogoInvestors sentiment decreased to 0.78 in Q1 2018. Its down 0.37, from 1.15 in 2017Q4. It dropped, as 68 investors sold SHW shares while 276 reduced holdings. 59 funds opened positions while 209 raised stakes. 68.11 million shares or 0.62% less from 68.54 million shares in 2017Q4 were reported. State Of Wisconsin Board has invested 0.1% in The Sherwin-Williams Company (NYSE:SHW). Pension Ser holds 0.17% or 89,387 shares. First Republic Invest Management owns 3,625 shares. Enterprise Financial Service invested 0% in The Sherwin-Williams Company (NYSE:SHW). Cambridge Investment Research holds 8,332 shares or 0.04% of its portfolio. Skylands Capital holds 3,990 shares. Korea has invested 0.18% in The Sherwin-Williams Company (NYSE:SHW). The New York-based Bamco New York has invested 0.11% in The Sherwin-Williams Company (NYSE:SHW). Dorsey And Whitney Trust Ltd Liability Co has invested 0.04% in The Sherwin-Williams Company (NYSE:SHW). Northwestern Mutual Wealth Mngmt holds 0.01% or 2,750 shares. City Holdings Co stated it has 175 shares or 0.02% of all its holdings. Lombard Odier Asset Mgmt (Europe) Ltd invested 0.02% of its portfolio in The Sherwin-Williams Company (NYSE:SHW). 753 were accumulated by Arete Wealth Advsrs Ltd Liability Com. Fil Limited stated it has 0% in The Sherwin-Williams Company (NYSE:SHW). Sandy Spring Financial Bank accumulated 195 shares or 0.01% of the stock.

Since March 14, 2018, it had 0 insider buys, and 1 insider sale for $306,945 activity.

Jeff Lignelli decreased its stake in Sherwin Williams Co (Call) (SHW) by 20.79% based on its latest 2018Q1 regulatory filing with the SEC. Incline Global Management Llc sold 23,698 shares as the company’s stock declined 2.96% with the market. The hedge fund run by Jeff Lignelli held 90,300 shares of the building materials company at the end of 2018Q1, valued at $35.41 million, down from 113,998 at the end of the previous reported quarter. Incline Global Management Llc who had been investing in Sherwin Williams Co (Call) for a number of months, seems to be less bullish one the $37.37 billion market cap company. The stock decreased 0.23% or $0.915 during the last trading session, reaching $401.525. About 177,807 shares traded. The Sherwin-Williams Company (NYSE:SHW) has risen 17.41% since June 13, 2017 and is uptrending. It has outperformed by 4.84% the S&P500.

Incline Global Management Llc, which manages about $222.93 million and $1.85B US Long portfolio, upped its stake in Middleby Corp (NASDAQ:MIDD) by 415,821 shares to 561,821 shares, valued at $69.55M in 2018Q1, according to the filing. It also increased its holding in Cdk Global Inc (Call) (NASDAQ:CDK) by 657,400 shares in the quarter, for a total of 1.02 million shares, and has risen its stake in Cdk Global Inc (NASDAQ:CDK).

Analysts await The Sherwin-Williams Company (NYSE:SHW) to report earnings on July, 19. They expect $5.59 earnings per share, up 23.67 % or $1.07 from last year’s $4.52 per share. SHW’s profit will be $520.21M for 17.96 P/E if the $5.59 EPS becomes a reality. After $3.57 actual earnings per share reported by The Sherwin-Williams Company for the previous quarter, Wall Street now forecasts 56.58 % EPS growth.

More recent The Sherwin-Williams Company (NYSE:SHW) news were published by: Seekingalpha.com which released: “Sherwin Williams (SHW) Industry Overview – Slideshow” on May 23, 2018. Also Seekingalpha.com published the news titled: “Let Sherwin-Williams Paint Your Portfolio Green” on June 06, 2018. Seekingalpha.com‘s news article titled: “Ask Sherwin Williams” with publication date: May 18, 2018 was also an interesting one.

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

Among 12 analysts covering Sherwin-Williams (NYSE:SHW), 9 have Buy rating, 0 Sell and 3 Hold. Therefore 75% are positive. Sherwin-Williams had 17 analyst reports since December 19, 2017 according to SRatingsIntel. KeyBanc Capital Markets maintained it with “Buy” rating and $500.0 target in Sunday, January 28 report. KeyBanc Capital Markets maintained it with “Buy” rating and $465.0 target in Thursday, January 11 report. The rating was initiated by Deutsche Bank with “Hold” on Friday, December 22. As per Thursday, March 15, the company rating was maintained by RBC Capital Markets. Susquehanna maintained the stock with “Buy” rating in Monday, January 8 report. RBC Capital Markets maintained the shares of SHW in report on Sunday, January 28 with “Buy” rating. The rating was maintained by Barclays Capital with “Equal-Weight” on Wednesday, April 25. On Friday, February 2 the stock rating was upgraded by Seaport Global to “Buy”. The firm earned “Hold” rating on Tuesday, March 27 by BMO Capital Markets. The rating was maintained by Susquehanna with “Buy” on Monday, February 12.

The Sherwin-Williams Company (NYSE:SHW) Institutional Positions Chart

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