The Sherwin-Williams Company $SHW Stake Lessened by Atria Investments Inc

Atria Investments Inc lessened its stake in The Sherwin-Williams Company (NYSE:SHW) by 13.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 23,528 shares of the specialty chemicals company’s stock after selling 3,636 shares during the quarter. Atria Investments Inc’s holdings in Sherwin-Williams were worth $7,624,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Ares Financial Consulting LLC bought a new stake in shares of Sherwin-Williams in the fourth quarter worth $27,000. Lodestone Wealth Management LLC acquired a new position in Sherwin-Williams in the fourth quarter worth $31,000. Rossby Financial LCC boosted its holdings in Sherwin-Williams by 96.0% in the third quarter. Rossby Financial LCC now owns 98 shares of the specialty chemicals company’s stock worth $33,000 after purchasing an additional 48 shares during the period. JPL Wealth Management LLC acquired a new position in Sherwin-Williams in the third quarter worth $45,000. Finally, Networth Advisors LLC acquired a new position in Sherwin-Williams in the fourth quarter worth $58,000. Institutional investors own 77.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. JPMorgan Chase & Co. decreased their price objective on shares of Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. Royal Bank Of Canada decreased their price objective on shares of Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating for the company in a report on Thursday, March 19th. Deutsche Bank Aktiengesellschaft downgraded shares of Sherwin-Williams from a “buy” rating to a “hold” rating and set a $380.00 price objective for the company. in a report on Thursday, January 22nd. Weiss Ratings downgraded shares of Sherwin-Williams from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday. Finally, Bank of America decreased their price objective on shares of Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating for the company in a report on Tuesday, April 21st. 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 MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $375.33.

Insiders Place Their Bets

In related news, SVP Bryan J. Young sold 2,513 shares of the company’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $364.47, for a total value of $915,913.11. Following the completion of the sale, the senior vice president owned 10,045 shares of the company’s stock, valued at $3,661,101.15. This represents a 20.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.23% of the stock is owned by insiders.

Sherwin-Williams Stock Performance

Shares of SHW opened at $300.43 on Friday. The Sherwin-Williams Company has a 1 year low of $300.05 and a 1 year high of $379.65. The company has a market cap of $74.10 billion, a price-to-earnings ratio of 28.83, a price-to-earnings-growth ratio of 2.67 and a beta of 1.16. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.53 and a current ratio of 0.86. The firm has a fifty day moving average of $323.12 and a 200-day moving average of $336.79.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share (EPS) for the quarter, beating 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 company had revenue of $5.67 billion during the quarter, compared to the consensus estimate of $5.56 billion. During the same quarter in the previous year, the company posted $2.25 earnings per share. The company’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. As a group, equities analysts anticipate that The Sherwin-Williams Company will post 11.74 earnings per share for the current year.

Sherwin-Williams Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 22nd will be issued a $0.80 dividend. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $3.20 annualized dividend and a yield of 1.1%. Sherwin-Williams’s dividend payout ratio 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.