DB Fitzpatrick & Co Inc Acquires 4,019 Shares of The Sherwin-Williams Company $SHW

DB Fitzpatrick & Co Inc boosted its holdings in shares of The Sherwin-Williams Company (NYSE:SHW) by 4,619.5% during the first quarter, Holdings Channel.com reports. The firm owned 4,106 shares of the specialty chemicals company’s stock after acquiring an additional 4,019 shares during the period. DB Fitzpatrick & Co Inc’s holdings in Sherwin-Williams were worth $1,316,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. CoreCap Advisors LLC grew its position in Sherwin-Williams by 0.6% in the fourth quarter. CoreCap Advisors LLC now owns 5,102 shares of the specialty chemicals company’s stock worth $1,653,000 after acquiring an additional 29 shares in the last quarter. Sowell Financial Services LLC lifted its stake in shares of Sherwin-Williams by 2.8% in the 4th quarter. Sowell Financial Services LLC now owns 1,057 shares of the specialty chemicals company’s stock valued at $343,000 after purchasing an additional 29 shares during the last quarter. Mather Group LLC. boosted its holdings in shares of Sherwin-Williams by 1.4% in the 4th quarter. Mather Group LLC. now owns 2,118 shares of the specialty chemicals company’s stock worth $686,000 after purchasing an additional 30 shares during the period. Sapient Capital LLC increased its position in shares of Sherwin-Williams by 0.3% during the 4th quarter. Sapient Capital LLC now owns 9,176 shares of the specialty chemicals company’s stock valued at $2,993,000 after purchasing an additional 30 shares during the last quarter. Finally, Deseret Mutual Benefit Administrators increased its position in shares of Sherwin-Williams by 6.2% during the 4th quarter. Deseret Mutual Benefit Administrators now owns 527 shares of the specialty chemicals company’s stock valued at $171,000 after purchasing an additional 31 shares during the last quarter. 77.67% of the stock is currently owned by institutional investors.

Sherwin-Williams Price Performance

SHW opened at $351.72 on Friday. The business has a fifty day moving average of $317.43 and a 200 day moving average of $331.70. The stock has a market cap of $86.75 billion, a P/E ratio of 33.75, a PEG ratio of 2.99 and a beta of 1.10. 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 Sherwin-Williams Company has a 52-week low of $289.86 and a 52-week high of $379.65.

Sherwin-Williams (NYSE:SHW) last released its earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share for the quarter, topping 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 business had revenue of $5.67 billion for the quarter, compared to analyst estimates of $5.56 billion. During the same quarter last year, the firm posted $2.25 earnings per share. The business’s 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. As a group, sell-side analysts anticipate that The Sherwin-Williams Company will post 11.77 EPS for the current year.

Sherwin-Williams Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 22nd were issued a dividend of $0.80 per share. The ex-dividend date was Friday, May 22nd. This represents a $3.20 dividend on an annualized basis and a yield of 0.9%. Sherwin-Williams’s dividend payout ratio (DPR) is presently 30.71%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on SHW shares. Citigroup started coverage on Sherwin-Williams in a research report on Wednesday, June 24th. They issued an “overweight” rating for the company. Evercore reissued an “outperform” rating on shares of Sherwin-Williams in a research note on Friday, May 8th. Berenberg Bank set a $380.00 target price on shares of Sherwin-Williams in a report on Monday, June 8th. Mizuho dropped their price target on shares of Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating for the company in a research note on Monday, March 23rd. Finally, Wells Fargo & Company reduced their price objective 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. Eight equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, Sherwin-Williams presently has an average rating of “Moderate Buy” and an average price target of $368.69.

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.