10,468 Shares in The Sherwin-Williams Company $SHW Bought by MidFirst Bank

MidFirst Bank purchased a new stake in shares of The Sherwin-Williams Company (NYSE:SHWFree Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 10,468 shares of the specialty chemicals company’s stock, valued at approximately $3,392,000.

Several other institutional investors have also bought and sold shares of the business. Kera Capital Partners Inc. grew its stake in shares of Sherwin-Williams by 58.1% in the 4th quarter. Kera Capital Partners Inc. now owns 1,475 shares of the specialty chemicals company’s stock worth $523,000 after buying an additional 542 shares in the last quarter. MV Capital Management Inc. purchased a new stake in shares of Sherwin-Williams during the 4th quarter valued at about $529,000. Invesco Ltd. raised its position in shares of Sherwin-Williams by 7.8% during the 4th quarter. Invesco Ltd. now owns 1,111,370 shares of the specialty chemicals company’s stock valued at $360,117,000 after buying an additional 80,651 shares in the last quarter. Axxcess Wealth Management LLC bought a new position in shares of Sherwin-Williams in the 4th quarter valued at about $523,000. Finally, Birchwood Financial Partners Inc. bought a new position in shares of Sherwin-Williams in the 4th quarter valued at about $95,000. Institutional investors own 77.67% of the company’s stock.

Sherwin-Williams Stock Performance

Shares of NYSE:SHW opened at $321.38 on Friday. The company has a current ratio of 0.86, a quick ratio of 0.53 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. The company has a market capitalization of $79.27 billion, a price-to-earnings ratio of 30.84, a PEG ratio of 2.71 and a beta of 1.12. The firm’s 50-day moving average is $317.37 and its 200 day moving average is $331.39.

Sherwin-Williams (NYSE:SHWGet Free Report) last announced its quarterly earnings data 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. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The business had revenue of $5.67 billion during the quarter, compared to the consensus estimate of $5.56 billion. During the same quarter last year, the firm earned $2.25 earnings per share. The firm’s quarterly revenue was up 6.9% compared to the same quarter last year. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Research analysts predict that The Sherwin-Williams Company will post 11.77 EPS for the current year.

Sherwin-Williams Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 22nd were issued a dividend of $0.80 per share. The ex-dividend date was Friday, May 22nd. This represents a $3.20 dividend on an annualized basis and a yield of 1.0%. Sherwin-Williams’s payout ratio is presently 30.71%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on SHW shares. Berenberg Bank set a $380.00 price objective on Sherwin-Williams in a research note on Monday, June 8th. JPMorgan Chase & Co. lowered their price objective on Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. UBS Group cut Sherwin-Williams from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $385.00 to $330.00 in a report on Tuesday, June 2nd. Weiss Ratings lowered Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 2nd. Finally, Zacks Research upgraded Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $366.77.

Check Out Our Latest Stock Analysis on Sherwin-Williams

Sherwin-Williams Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Sherwin-Williams (NYSE:SHW)

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