Eurizon Capital SGR S.p.A. bought a new position in The Sherwin-Williams Company (NYSE:SHW – Free Report) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 147,458 shares of the specialty chemicals company’s stock, valued at approximately $47,785,000.
A number of other institutional investors and hedge funds have also modified their holdings of SHW. Brighton Jones LLC increased its holdings in shares of Sherwin-Williams by 73.6% in the 4th 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 in the last quarter. Empowered Funds LLC increased its holdings in shares of Sherwin-Williams by 11.2% in the 1st quarter. Empowered Funds LLC now owns 6,236 shares of the specialty chemicals company’s stock worth $2,178,000 after purchasing an additional 626 shares in the last quarter. Jump Financial LLC bought a new stake in shares of Sherwin-Williams in the 2nd quarter worth $1,210,000. Sei Investments Co. increased its holdings in shares of Sherwin-Williams by 43.6% in the 2nd quarter. Sei Investments Co. now owns 196,915 shares of the specialty chemicals company’s stock worth $67,612,000 after purchasing an additional 59,831 shares in the last quarter. Finally, Glenview Trust co increased its holdings in shares of Sherwin-Williams by 4.8% in the 2nd quarter. Glenview Trust co now owns 3,249 shares of the specialty chemicals company’s stock worth $1,116,000 after purchasing an additional 148 shares in the last quarter. Institutional investors own 77.67% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms have commented on SHW. Royal Bank Of Canada reduced their target price on Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating for the company in a report on Thursday, March 19th. Citigroup dropped their price target on Sherwin-Williams from $410.00 to $385.00 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. Zacks Research upgraded Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. Weiss Ratings downgraded Sherwin-Williams from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, May 14th. Finally, Mizuho dropped their price target on Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating on the stock in a research note on Monday, March 23rd. Nine equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $375.33.
Sherwin-Williams Stock Performance
SHW stock opened at $304.25 on Friday. The company has a market cap of $75.04 billion, a P/E ratio of 29.20, a price-to-earnings-growth ratio of 2.63 and a beta of 1.16. 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 stock’s fifty day moving average price is $319.59 and its 200-day moving average price is $334.28. The Sherwin-Williams Company has a 1 year low of $294.32 and a 1 year high of $379.65.
Sherwin-Williams (NYSE:SHW – Get Free Report) last released its earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.08. The company had revenue of $5.67 billion for the quarter, compared to the consensus estimate of $5.56 billion. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.Sherwin-Williams’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the previous year, the business earned $2.25 earnings per share. 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 year.
Sherwin-Williams Dividend Announcement
The business also recently announced 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. The ex-dividend date is Friday, May 22nd. This represents a $3.20 annualized dividend and a yield of 1.1%. Sherwin-Williams’s 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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