Rockefeller Capital Management L.P. increased its holdings in The Sherwin-Williams Company (NYSE:SHW – Free Report) by 7.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 106,890 shares of the specialty chemicals company’s stock after purchasing an additional 7,149 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Sherwin-Williams were worth $34,636,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of SHW. Fideuram Asset Management Ireland dac purchased a new stake in Sherwin-Williams during the fourth quarter valued at approximately $2,496,000. Mairs & Power Inc. grew its holdings in Sherwin-Williams by 0.7% in the third quarter. Mairs & Power Inc. now owns 464,043 shares of the specialty chemicals company’s stock worth $160,680,000 after purchasing an additional 3,430 shares during the last quarter. Westview Management dba Westview Investment Advisors acquired a new position in shares of Sherwin-Williams during the fourth quarter worth $2,655,000. Regents Gate Capital LLP increased its position in shares of Sherwin-Williams by 51.9% during the third quarter. Regents Gate Capital LLP now owns 9,175 shares of the specialty chemicals company’s stock worth $3,177,000 after purchasing an additional 3,134 shares in the last quarter. Finally, Calamos Advisors LLC lifted its holdings in shares of Sherwin-Williams by 5.4% during the 4th quarter. Calamos Advisors LLC now owns 180,602 shares of the specialty chemicals company’s stock valued at $58,520,000 after purchasing an additional 9,196 shares during the last quarter. Hedge funds and other institutional investors own 77.67% of the company’s stock.
Wall Street Analyst Weigh In
SHW has been the topic of several research analyst reports. JPMorgan Chase & Co. dropped their target price on Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 29th. UBS Group cut Sherwin-Williams from a “buy” rating to a “neutral” rating and decreased their price target for the company from $385.00 to $330.00 in a research note on Tuesday, June 2nd. Mizuho lowered their price target on Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating for the company in a report on Monday, March 23rd. Bank of America dropped their price target on Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 21st. Finally, Zacks Research upgraded shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 31st. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, Sherwin-Williams presently has a consensus rating of “Moderate Buy” and a consensus target price of $366.77.
Sherwin-Williams Stock Performance
SHW opened at $321.38 on Monday. 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 firm has a 50 day moving average of $317.09 and a two-hundred day moving average of $331.25. The firm has a market capitalization of $79.27 billion, a PE ratio of 30.84, a P/E/G ratio of 2.77 and a beta of 1.12.
Sherwin-Williams (NYSE:SHW – Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 EPS for the quarter, beating the consensus estimate of $2.27 by $0.08. The business had revenue of $5.67 billion for the quarter, compared to the consensus estimate of $5.56 billion. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The business’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same period in the prior year, the firm earned $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. On average, analysts anticipate that The Sherwin-Williams Company will post 11.77 EPS for the current year.
Sherwin-Williams Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 22nd were issued a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Friday, May 22nd. Sherwin-Williams’s dividend payout ratio is presently 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.
Featured Articles
- Five stocks we like better than Sherwin-Williams
- 3 Inflation-Fighting Stocks Built for Higher Oil Prices
- 3 Biotech Firms With Major Potential Catalysts in the Coming Months
- Applied Materials Stock Looks Pricey—Can AI Demand Justify the Rally?
- 3 Small-Cap Stocks Getting a Russell 2000 Rebalance Boost
Want to see what other hedge funds are holding SHW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Sherwin-Williams Company (NYSE:SHW – Free Report).
Receive News & Ratings for Sherwin-Williams Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sherwin-Williams and related companies with MarketBeat.com's FREE daily email newsletter.
