Keybank National Association OH Lowers Stock Position in The Sherwin-Williams Company $SHW

Keybank National Association OH cut its holdings in shares of The Sherwin-Williams Company (NYSE:SHW) by 1.4% during the first quarter, Holdings Channel.com reports. The firm owned 301,552 shares of the specialty chemicals company’s stock after selling 4,325 shares during the period. Keybank National Association OH’s holdings in Sherwin-Williams were worth $96,663,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of SHW. Ares Financial Consulting LLC purchased a new stake in Sherwin-Williams during the fourth quarter worth $27,000. Lloyd Advisory Services LLC. purchased a new stake in shares of Sherwin-Williams during the 4th quarter worth $27,000. Kemnay Advisory Services Inc. bought a new stake in Sherwin-Williams during the fourth quarter valued at about $30,000. Lodestone Wealth Management LLC bought a new position in Sherwin-Williams in the fourth quarter worth about $31,000. Finally, Meeder Asset Management Inc. bought a new stake in shares of Sherwin-Williams in the 4th quarter valued at about $33,000. Institutional investors own 77.67% of the company’s stock.

Wall Street Analysts Forecast Growth

SHW has been the topic of a number of analyst reports. Mizuho cut their price objective on shares of Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating on the stock in a research report on Monday, March 23rd. Berenberg Bank set a $380.00 target price on shares of Sherwin-Williams in a research note on Monday, June 8th. JPMorgan Chase & Co. cut their price target on shares of Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. Royal Bank Of Canada reduced their price target on 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, Wells Fargo & Company reduced their target price on 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 investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, Sherwin-Williams has a consensus rating of “Moderate Buy” and a consensus target price of $368.69.

Sherwin-Williams Price Performance

Shares of NYSE:SHW opened at $351.72 on Friday. The company has a current ratio of 0.86, a quick ratio of 0.53 and a debt-to-equity ratio of 2.10. The Sherwin-Williams Company has a twelve month low of $289.86 and a twelve month high of $379.65. The company’s 50 day moving average is $317.43 and its 200 day moving average is $331.70. The company has a market cap of $86.75 billion, a PE ratio of 33.75, a price-to-earnings-growth ratio of 2.99 and a beta of 1.10.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings data 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 net margin of 10.86% and a return on equity of 64.55%. The firm 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 business earned $2.25 earnings per share. The business’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. On average, sell-side analysts forecast that The Sherwin-Williams Company will post 11.77 EPS for the current year.

Sherwin-Williams Announces Dividend

The business also recently announced 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. This represents a $3.20 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Friday, May 22nd. Sherwin-Williams’s dividend payout ratio (DPR) is 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.