The Sherwin-Williams Company $SHW Stock Holdings Decreased by Monetary Management Group Inc.

Monetary Management Group Inc. cut its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 33.4% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,813 shares of the specialty chemicals company’s stock after selling 2,415 shares during the period. Monetary Management Group Inc.’s holdings in Sherwin-Williams were worth $1,560,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SHW. Brighton Jones LLC lifted its stake in shares of Sherwin-Williams by 73.6% in the fourth quarter. Brighton Jones LLC now owns 1,545 shares of the specialty chemicals company’s stock worth $525,000 after buying an additional 655 shares during the last quarter. Empowered Funds LLC lifted its stake in shares of Sherwin-Williams by 11.2% in the first quarter. Empowered Funds LLC now owns 6,236 shares of the specialty chemicals company’s stock worth $2,178,000 after buying an additional 626 shares during the last quarter. Jump Financial LLC bought a new position in Sherwin-Williams during the second quarter worth $1,210,000. Sei Investments Co. increased its position in Sherwin-Williams by 43.6% during the second quarter. Sei Investments Co. now owns 196,915 shares of the specialty chemicals company’s stock worth $67,612,000 after acquiring an additional 59,831 shares during the period. Finally, Glenview Trust co increased its position in Sherwin-Williams by 4.8% during the second quarter. Glenview Trust co now owns 3,249 shares of the specialty chemicals company’s stock worth $1,116,000 after acquiring an additional 148 shares during the period. 77.67% of the stock is owned by hedge funds and other institutional investors.

Sherwin-Williams Stock Down 1.9%

SHW opened at $299.49 on Tuesday. The firm’s 50-day simple moving average is $317.72 and its 200-day simple moving average is $332.65. 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 Sherwin-Williams Company has a twelve month low of $289.86 and a twelve month high of $379.65. The firm has a market cap of $73.87 billion, a price-to-earnings ratio of 28.74, a PEG ratio of 2.64 and a beta of 1.12.

Sherwin-Williams (NYSE:SHW) last posted its earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share for the quarter, topping 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 business had revenue of $5.67 billion for the quarter, compared to analyst estimates of $5.56 billion. During the same quarter in the prior year, the firm earned $2.25 EPS. The firm’s quarterly revenue 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. Equities research analysts anticipate 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. Shareholders of record on Friday, May 22nd were given a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.1%. The ex-dividend date was Friday, May 22nd. Sherwin-Williams’s dividend payout ratio (DPR) is presently 30.71%.

Analyst Upgrades and Downgrades

SHW has been the topic of a number of research reports. Wells Fargo & Company dropped their target price on shares of Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 29th. Berenberg Bank set a $380.00 target price on shares of Sherwin-Williams in a research report on Monday. Citigroup began coverage on shares of Sherwin-Williams in a research report on Thursday, June 4th. They set a “buy” rating and a $355.00 target price on the stock. UBS Group lowered shares of Sherwin-Williams from a “buy” rating to a “neutral” rating and lowered their price target for the company from $385.00 to $330.00 in a report on Tuesday, June 2nd. Finally, Bank of America lowered their price target on shares of Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating on the stock in a report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $366.77.

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.