Meeder Advisory Services Joins Institutional Investors in Buying Sherwin-Williams
Meeder Advisory Services Inc., a financial institution, has acquired a new stake in The Sherwin-Williams Company (NYSE:SHW) during the second quarter of this year. According to Meeder's most recent 13F filing with the Securities and Exchange Commission (SEC), they purchased 6,165 shares of SHW stock valued at approximately $2,123,000.
This is not an isolated instance; several other institutional investors have also bought or increased their stakes in Sherwin-Williams. Wilkerson Advisory Group LLC, for example, lifted its stake by 172.4% during the first quarter and now owns 79 shares worth around $25,000. Other new investors include Ares Financial Consulting LLC, Lloyd Advisory Services LLC., Whipplewood Advisors LLC, and Kemnay Advisory Services Inc.
The Sherwin-Williams Company has a market capitalization of approximately $83.90 billion, with a P/E ratio of 31.85 and a beta of 1.10. The company's current ratio is 0.73, its quick ratio is 0.46, and its debt-to-equity ratio stands at 2.16.