WINTON GROUP Ltd boosted its stake in shares of The Sherwin-Williams Company (NYSE:SHW – Free Report) by 51.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 27,892 shares of the specialty chemicals company’s stock after buying an additional 9,456 shares during the quarter. WINTON GROUP Ltd’s holdings in Sherwin-Williams were worth $9,038,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wealthfront Advisers LLC increased its position in Sherwin-Williams by 26.1% in the third quarter. Wealthfront Advisers LLC now owns 30,927 shares of the specialty chemicals company’s stock worth $10,709,000 after buying an additional 6,408 shares in the last quarter. Mairs & Power Inc. grew its position in shares of Sherwin-Williams by 0.7% during 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 in the last quarter. Fideuram Asset Management Ireland dac purchased a new stake in shares of Sherwin-Williams during the fourth quarter worth about $2,496,000. Westview Management dba Westview Investment Advisors purchased a new stake in shares of Sherwin-Williams during the fourth quarter worth about $2,655,000. Finally, Willis Investment Counsel purchased a new stake in shares of Sherwin-Williams during the third quarter worth about $7,766,000. 77.67% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
SHW has been the subject of several research analyst reports. Evercore reiterated an “outperform” rating on shares of Sherwin-Williams in a research report on Friday, May 8th. Weiss Ratings cut Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday. BMO Capital Markets set a $355.00 target price on Sherwin-Williams and gave the stock an “outperform” rating in a research report on Wednesday. Citigroup initiated coverage on Sherwin-Williams in a research report on Thursday. They set a “buy” rating and a $355.00 target price for the company. Finally, Bank of America cut their target price on Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating for the company in a research report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Sherwin-Williams currently has a consensus rating of “Moderate Buy” and an average target price of $365.67.
Sherwin-Williams Price Performance
Shares of Sherwin-Williams stock opened at $305.21 on Friday. The stock has a 50 day moving average of $318.13 and a 200 day moving average of $332.79. The Sherwin-Williams Company has a 12 month low of $289.86 and a 12 month high of $379.65. The firm has a market cap of $75.28 billion, a PE ratio of 29.29, a PEG ratio of 2.60 and a beta of 1.12. The company has a current ratio of 0.86, a quick ratio of 0.53 and a debt-to-equity ratio of 2.10.
Sherwin-Williams (NYSE:SHW – Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 EPS for the quarter, beating analysts’ consensus estimates of $2.27 by $0.08. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.The company had revenue of $5.67 billion during the quarter, compared to analyst estimates of $5.56 billion. During the same period in the prior year, the company earned $2.25 earnings per share. The firm’s revenue was up 6.9% on a year-over-year basis. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. On average, research analysts expect that The Sherwin-Williams Company will post 11.74 EPS for the current fiscal year.
Sherwin-Williams Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were paid a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Friday, May 22nd. Sherwin-Williams’s dividend payout ratio (DPR) 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.
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