Lombard Odier Asset Management Switzerland SA decreased its holdings in The Sherwin-Williams Company (NYSE:SHW – Free Report) by 24.0% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 14,270 shares of the specialty chemicals company’s stock after selling 4,497 shares during the quarter. Lombard Odier Asset Management Switzerland SA’s holdings in Sherwin-Williams were worth $4,574,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently added to or reduced their stakes in SHW. Fideuram Asset Management Ireland dac bought a new position in shares of Sherwin-Williams in the fourth quarter worth approximately $2,496,000. Calamos Advisors LLC raised its position 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 period. Addenda Capital Inc. raised its position in shares of Sherwin-Williams by 148.6% during the 4th quarter. Addenda Capital Inc. now owns 26,254 shares of the specialty chemicals company’s stock valued at $8,507,000 after purchasing an additional 15,693 shares during the period. Kinsale Capital Group Inc. purchased a new position in shares of Sherwin-Williams during the 4th quarter valued at $4,805,000. Finally, Vanguard Group Inc. boosted its holdings in Sherwin-Williams by 2.7% in the 4th quarter. Vanguard Group Inc. now owns 23,237,824 shares of the specialty chemicals company’s stock worth $7,529,752,000 after buying an additional 600,119 shares during the period. 77.67% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on the company. Evercore restated an “outperform” rating on shares of Sherwin-Williams in a research note on Friday, May 8th. UBS Group downgraded shares of Sherwin-Williams from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $385.00 to $330.00 in a report on Tuesday, June 2nd. Zacks Research raised shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. JPMorgan Chase & Co. decreased their target price on Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 29th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $405.00 price target (up from $391.00) on shares of Sherwin-Williams in a report on Wednesday, July 8th. Seven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $373.92.
Sherwin-Williams Stock Up 0.0%
Shares of NYSE SHW opened at $317.59 on Monday. The Sherwin-Williams Company has a 1 year low of $289.86 and a 1 year 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 company has a market cap of $78.33 billion, a P/E ratio of 30.48, a PEG ratio of 2.47 and a beta of 1.10. The firm has a 50-day simple moving average of $320.72 and a two-hundred day simple moving average of $332.22.
Sherwin-Williams (NYSE:SHW – Get Free Report) last announced 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 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% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Research analysts anticipate that The Sherwin-Williams Company will post 11.78 earnings per share for the current year.
Sherwin-Williams Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 21st will be paid a $0.80 dividend. The ex-dividend date of this dividend is Friday, August 21st. This represents a $3.20 annualized dividend and a yield of 1.0%. Sherwin-Williams’s dividend 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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