Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of The Sherwin-Williams Company (NYSE:SHW – Free Report) by 3.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 806,835 shares of the specialty chemicals company’s stock after purchasing an additional 24,742 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Sherwin-Williams were worth $264,513,000 at the end of the most recent reporting period.
Other large investors have also made changes to their positions in the company. Ares Financial Consulting LLC acquired a new stake in shares of Sherwin-Williams during the 4th quarter worth approximately $27,000. Lodestone Wealth Management LLC acquired a new stake in shares of Sherwin-Williams during the 4th quarter worth approximately $31,000. Rossby Financial LCC boosted its position in shares of Sherwin-Williams by 96.0% during the 3rd quarter. Rossby Financial LCC now owns 98 shares of the specialty chemicals company’s stock worth $33,000 after acquiring an additional 48 shares in the last quarter. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of Sherwin-Williams during the 3rd quarter worth approximately $42,000. Finally, Barnes Dennig Private Wealth Management LLC boosted its position in shares of Sherwin-Williams by 42.4% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 131 shares of the specialty chemicals company’s stock worth $45,000 after acquiring an additional 39 shares in the last quarter. Institutional investors and hedge funds own 77.67% of the company’s stock.
Analyst Upgrades and Downgrades
Several analysts recently issued reports on SHW shares. Vertical Research upgraded shares of Sherwin-Williams from a “hold” rating to a “buy” rating and set a $371.00 price target on the stock in a research report on Wednesday, January 7th. Wells Fargo & Company cut 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 report on Wednesday, April 29th. Royal Bank Of Canada cut their target price on shares of Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating on the stock in a research report on Thursday, March 19th. UBS Group cut their target price on shares of Sherwin-Williams from $420.00 to $380.00 and set a “buy” rating on the stock in a research report on Thursday, April 2nd. Finally, Weiss Ratings upgraded shares of Sherwin-Williams from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, April 29th. Ten analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $375.33.
Sherwin-Williams Stock Performance
Shares of Sherwin-Williams stock opened at $312.39 on Wednesday. The Sherwin-Williams Company has a fifty-two week low of $301.58 and a fifty-two week high of $379.65. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.86 and a quick ratio of 0.53. The firm has a market capitalization of $77.05 billion, a P/E ratio of 29.98, a P/E/G ratio of 2.69 and a beta of 1.16. The company’s 50 day moving average price is $330.32 and its two-hundred day moving average price is $337.96.
Sherwin-Williams (NYSE:SHW – Get Free Report) last issued its earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share for the quarter, beating analysts’ consensus estimates of $2.27 by $0.08. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The firm had revenue of $5.67 billion for the quarter, compared to analyst estimates of $5.56 billion. During the same quarter last year, the business posted $2.25 earnings per share. The company’s quarterly revenue was up 6.9% on a year-over-year basis. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. On average, equities analysts forecast that The Sherwin-Williams Company will post 11.74 earnings per share for the current fiscal year.
Sherwin-Williams Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 22nd will be issued a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Friday, May 22nd. Sherwin-Williams’s payout ratio is 30.71%.
Insider Activity at Sherwin-Williams
In other news, SVP Bryan J. Young sold 2,513 shares of Sherwin-Williams stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $364.47, for a total transaction of $915,913.11. Following the transaction, the senior vice president owned 10,045 shares in the company, valued at approximately $3,661,101.15. The trade was a 20.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.23% of the company’s stock.
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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