Canada Post Corp Registered Pension Plan Sells 19,943 Shares of The Sherwin-Williams Company $SHW

Canada Post Corp Registered Pension Plan lessened its holdings in The Sherwin-Williams Company (NYSE:SHW) by 65.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,418 shares of the specialty chemicals company’s stock after selling 19,943 shares during the period. Canada Post Corp Registered Pension Plan’s holdings in Sherwin-Williams were worth $3,376,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of SHW. Ares Financial Consulting LLC bought a new stake in Sherwin-Williams in the fourth quarter worth $27,000. Lodestone Wealth Management LLC bought a new stake in Sherwin-Williams in the fourth quarter worth $31,000. Rossby Financial LCC increased its position 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 last quarter. JPL Wealth Management LLC bought a new stake in Sherwin-Williams in the third quarter worth $45,000. Finally, Networth Advisors LLC bought a new stake in Sherwin-Williams in the fourth quarter worth $58,000. Institutional investors own 77.67% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on SHW. UBS Group reduced their price target on shares of Sherwin-Williams from $420.00 to $380.00 and set a “buy” rating on the stock in a research report on Thursday, April 2nd. Evercore reiterated an “outperform” rating on shares of Sherwin-Williams in a research report on Friday, May 8th. JPMorgan Chase & Co. cut 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 report on Wednesday, April 29th. Royal Bank Of Canada cut their price objective on shares of Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating on the stock in a research report on Thursday, March 19th. Finally, Deutsche Bank Aktiengesellschaft cut shares of Sherwin-Williams from a “buy” rating to a “hold” rating and set a $380.00 price objective on the stock. in a research report on Thursday, January 22nd. Nine investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, Sherwin-Williams has an average rating of “Moderate Buy” and a consensus target price of $375.33.

Insider Activity

In other news, SVP Bryan J. Young sold 2,513 shares of the business’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $364.47, for a total transaction of $915,913.11. Following the completion of the sale, the senior vice president directly owned 10,045 shares of the company’s stock, valued at approximately $3,661,101.15. The trade was a 20.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.23% of the company’s stock.

Sherwin-Williams Trading Up 0.1%

SHW stock opened at $300.43 on Monday. The stock has a market capitalization of $74.10 billion, a price-to-earnings ratio of 28.83, a price-to-earnings-growth ratio of 2.60 and a beta of 1.16. The Sherwin-Williams Company has a twelve month low of $300.05 and a twelve month high of $379.65. The company has a quick ratio of 0.53, a current ratio of 0.86 and a debt-to-equity ratio of 2.10. The firm’s fifty day simple moving average is $323.12 and its two-hundred day simple moving average is $336.80.

Sherwin-Williams (NYSE:SHW) last issued its earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.27 by $0.08. The firm had revenue of $5.67 billion during the quarter, compared to analyst estimates 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 was up 6.9% on a year-over-year basis. During the same period in the previous year, the firm earned $2.25 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. As a group, 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 announced a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 22nd will be paid a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, May 22nd. Sherwin-Williams’s payout ratio is currently 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.