Public Employees Retirement Association of Colorado lessened its position in The Sherwin-Williams Company (NYSE:SHW – Free Report) by 1.8% during the 4th quarter, Holdings Channel reports. The firm owned 372,284 shares of the specialty chemicals company’s stock after selling 6,857 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in Sherwin-Williams were worth $120,631,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Ares Financial Consulting LLC acquired a new stake in shares of Sherwin-Williams in the 4th quarter valued at $27,000. Lloyd Advisory Services LLC. acquired a new stake in shares of Sherwin-Williams in the 4th quarter valued at $27,000. Lodestone Wealth Management LLC acquired a new stake in shares of Sherwin-Williams in the 4th quarter valued at $31,000. Rossby Financial LCC boosted its stake in shares of Sherwin-Williams by 96.0% in the 3rd quarter. Rossby Financial LCC now owns 98 shares of the specialty chemicals company’s stock valued at $33,000 after purchasing an additional 48 shares in the last quarter. Finally, Meeder Asset Management Inc. acquired a new stake in shares of Sherwin-Williams in the 4th quarter valued at $33,000. Institutional investors and hedge funds own 77.67% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have recently commented on the stock. Wells Fargo & Company reduced their target price on shares of Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 29th. Citigroup assumed coverage on shares of Sherwin-Williams in a research note on Thursday, June 4th. They issued a “buy” rating and a $355.00 target price on the stock. Weiss Ratings downgraded shares of Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 2nd. Mizuho reduced their target price on shares of Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating on the stock in a research note on Monday, March 23rd. Finally, Evercore restated an “outperform” rating on shares of Sherwin-Williams in a research note on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $366.77.
Sherwin-Williams Stock Down 0.0%
Shares of NYSE SHW opened at $317.25 on Monday. The firm’s 50-day simple moving average is $317.14 and its 200 day simple moving average is $332.06. The company has a market cap of $78.25 billion, a price-to-earnings ratio of 30.45, a price-to-earnings-growth ratio of 2.74 and a beta of 1.12. The company has a quick ratio of 0.53, a current ratio of 0.86 and a debt-to-equity ratio of 2.10. The Sherwin-Williams Company has a 12-month low of $289.86 and a 12-month high of $379.65.
Sherwin-Williams (NYSE:SHW – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.27 by $0.08. The business had revenue of $5.67 billion for the quarter, compared to the consensus estimate of $5.56 billion. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The firm’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. On average, research analysts expect that The Sherwin-Williams Company will post 11.78 earnings per share for the current fiscal year.
Sherwin-Williams Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 22nd were given a dividend of $0.80 per share. The ex-dividend date was Friday, May 22nd. This represents a $3.20 annualized dividend and a yield of 1.0%. Sherwin-Williams’s dividend payout ratio is 30.71%.
Sherwin-Williams Profile
Sherwin-Williams (NYSE: SHW) is a global manufacturer and distributor of paints, coatings and related products. Founded in 1866 and headquartered in Cleveland, Ohio, the company supplies a broad range of coatings for residential, commercial and industrial applications. Its product offering includes architectural paints and stains, industrial and protective coatings, automotive finishes, and a variety of sundry products such as primers, sealants and specialty treatments used by professionals and consumers.
The company sells through multiple channels, including a large network of company-operated retail paint stores that serve professional contractors and do-it-yourself consumers, as well as through distributors and mass retailers.
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