Global Retirement Partners LLC lifted its stake in shares of The Sherwin-Williams Company (NYSE:SHW – Free Report) by 114.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,342 shares of the specialty chemicals company’s stock after acquiring an additional 1,786 shares during the period. Global Retirement Partners LLC’s holdings in Sherwin-Williams were worth $1,083,000 at the end of the most recent reporting period.
Other large investors have also bought and sold shares of the company. Ares Financial Consulting LLC acquired a new position in shares of Sherwin-Williams during the fourth quarter valued at about $27,000. Lodestone Wealth Management LLC acquired a new stake in shares of Sherwin-Williams in the 4th quarter valued at about $31,000. Rossby Financial LCC increased its position in 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 buying an additional 48 shares in the last quarter. JPL Wealth Management LLC acquired a new position in Sherwin-Williams during the 3rd quarter worth approximately $45,000. Finally, Avalon Trust Co raised its stake in Sherwin-Williams by 677.3% during the 3rd quarter. Avalon Trust Co now owns 171 shares of the specialty chemicals company’s stock worth $59,000 after buying an additional 149 shares during the period. 77.67% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities research analysts have commented on SHW shares. Weiss Ratings cut Sherwin-Williams from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, May 14th. Evercore reiterated an “outperform” rating on shares of Sherwin-Williams in a report on Friday, May 8th. Bank of America reduced their price target on shares of Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating for the company in a research report on Tuesday, April 21st. Wells Fargo & Company lowered their price objective on shares of Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 29th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 29th. Nine investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Sherwin-Williams currently has a consensus rating of “Moderate Buy” and a consensus price target of $375.33.
Sherwin-Williams Stock Performance
Shares of SHW stock opened at $309.71 on Tuesday. 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 50-day moving average of $320.49 and a 200-day moving average of $335.08. The Sherwin-Williams Company has a one year low of $294.32 and a one year high of $379.65. The company has a market cap of $76.39 billion, a P/E ratio of 29.72, a P/E/G ratio of 2.67 and a beta of 1.16.
Sherwin-Williams (NYSE:SHW – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share 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 for the quarter, compared to analysts’ expectations of $5.56 billion. During the same period in the previous year, the company earned $2.25 earnings per share. The firm’s revenue for the quarter 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. Equities research analysts forecast that The Sherwin-Williams Company will post 11.74 EPS 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. Investors of record on Friday, May 22nd will be given 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 of this dividend is Friday, May 22nd. Sherwin-Williams’s dividend payout ratio (DPR) is presently 30.71%.
About Sherwin-Williams
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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