Regents Gate Capital LLP Takes Position in The Sherwin-Williams Company $SHW

Regents Gate Capital LLP bought a new position in shares of The Sherwin-Williams Company (NYSE:SHW) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,041 shares of the specialty chemicals company’s stock, valued at approximately $2,074,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of SHW. Brighton Jones LLC increased its holdings in shares of Sherwin-Williams by 73.6% in the fourth quarter. Brighton Jones LLC now owns 1,545 shares of the specialty chemicals company’s stock worth $525,000 after purchasing an additional 655 shares during the last quarter. Mutual Advisors LLC bought a new stake in Sherwin-Williams in the 1st quarter worth approximately $258,000. Silver Oak Securities Incorporated raised its holdings in shares of Sherwin-Williams by 23.6% during the 1st quarter. Silver Oak Securities Incorporated now owns 3,185 shares of the specialty chemicals company’s stock worth $1,082,000 after acquiring an additional 609 shares in the last quarter. Spear Holdings RSC Ltd bought a new position in shares of Sherwin-Williams during the 1st quarter valued at approximately $87,123,000. Finally, Catalyst Capital Advisors LLC grew its holdings in shares of Sherwin-Williams by 45.2% in the first quarter. Catalyst Capital Advisors LLC now owns 527 shares of the specialty chemicals company’s stock valued at $184,000 after purchasing an additional 164 shares in the last quarter. 77.67% of the stock is currently owned by institutional investors.

Sherwin-Williams Trading Down 0.9%

SHW stock opened at $344.86 on Friday. The Sherwin-Williams Company has a 12 month low of $308.84 and a 12 month high of $400.42. The firm’s 50-day moving average is $348.29 and its 200 day moving average is $348.62. The company has a market capitalization of $85.98 billion, a PE ratio of 33.64, a P/E/G ratio of 3.26 and a beta of 1.20. The company has a debt-to-equity ratio of 2.11, a current ratio of 0.82 and a quick ratio of 0.48.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings data on Tuesday, October 28th. The specialty chemicals company reported $3.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.44 by $0.15. The company had revenue of $6.36 billion during the quarter, compared to analysts’ expectations of $6.21 billion. Sherwin-Williams had a net margin of 11.05% and a return on equity of 66.75%. The firm’s quarterly revenue was up 3.2% on a year-over-year basis. During the same period in the previous year, the company earned $3.37 EPS. Sherwin-Williams has set its FY 2025 guidance at 11.250-11.450 EPS. On average, research analysts anticipate that The Sherwin-Williams Company will post 12 EPS for the current year.

Sherwin-Williams Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 5th. Shareholders of record on Friday, November 14th will be given a dividend of $0.79 per share. The ex-dividend date of this dividend is Friday, November 14th. This represents a $3.16 dividend on an annualized basis and a yield of 0.9%. Sherwin-Williams’s payout ratio is 30.83%.

Insider Buying and Selling at Sherwin-Williams

In other news, CAO James P. Lang sold 860 shares of the firm’s stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $350.35, for a total value of $301,301.00. Following the sale, the chief accounting officer directly owned 377 shares in the company, valued at approximately $132,081.95. This trade represents a 69.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Justin T. Binns sold 609 shares of the firm’s stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $368.82, for a total transaction of $224,611.38. Following the completion of the sale, the insider owned 17,922 shares of the company’s stock, valued at approximately $6,609,992.04. This trade represents a 3.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.60% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Wells Fargo & Company set a $410.00 price objective on shares of Sherwin-Williams and gave the company an “overweight” rating in a research report on Wednesday. Mizuho set a $400.00 target price on shares of Sherwin-Williams in a research report on Wednesday. Evercore ISI lifted their price target on Sherwin-Williams from $380.00 to $400.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 26th. Bank of America dropped their price objective on shares of Sherwin-Williams from $375.00 to $368.00 and set a “neutral” rating for the company in a research note on Tuesday, October 14th. Finally, Royal Bank Of Canada set a $405.00 target price on shares of Sherwin-Williams and gave the company an “outperform” rating in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Sherwin-Williams has an average rating of “Moderate Buy” and an average target price of $390.87.

Sherwin-Williams Profile

The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coating, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: Paint Stores Group, Consumer Brands Group, and Performance Coatings Group.