Kepler Cheuvreux Suisse SA reduced its position in The Sherwin-Williams Company (NYSE:SHW – Free Report) by 35.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,290 shares of the specialty chemicals company’s stock after selling 2,361 shares during the quarter. Kepler Cheuvreux Suisse SA’s holdings in Sherwin-Williams were worth $1,375,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in SHW. CoreCap Advisors LLC boosted its position in shares of Sherwin-Williams by 0.6% during the 4th 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 raised its position in Sherwin-Williams by 2.8% during the fourth 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 in the last quarter. Mather Group LLC. lifted its stake in Sherwin-Williams by 1.4% during the fourth 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 last quarter. Sapient Capital LLC lifted its stake in Sherwin-Williams by 0.3% during the fourth quarter. Sapient Capital LLC now owns 9,176 shares of the specialty chemicals company’s stock worth $2,993,000 after purchasing an additional 30 shares during the last quarter. Finally, Deseret Mutual Benefit Administrators boosted its holdings in shares of Sherwin-Williams by 6.2% in 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 in the last quarter. 77.67% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on SHW. Citigroup began coverage on Sherwin-Williams in a research note on Wednesday, June 24th. They issued an “overweight” rating on the stock. BMO Capital Markets set a $355.00 price objective on Sherwin-Williams and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. JPMorgan Chase & Co. decreased their target price on Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 29th. Mizuho lowered their target price on 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, Evercore reissued an “outperform” rating on shares of Sherwin-Williams in a report on Friday, May 8th. Eight equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, Sherwin-Williams presently has a consensus rating of “Moderate Buy” and an average price target of $368.69.
Sherwin-Williams Stock Performance
NYSE SHW opened at $351.72 on Friday. The firm’s fifty day moving average price is $317.77 and its two-hundred day moving average price is $331.84. The stock has a market cap of $86.75 billion, a PE ratio of 33.75, a PEG ratio of 3.04 and a beta of 1.10. 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 fifty-two week low of $289.86 and a fifty-two week high of $379.65.
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 analysts’ expectations of $5.56 billion. During the same period in the prior year, the company earned $2.25 EPS. Sherwin-Williams’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. On average, equities analysts expect that The Sherwin-Williams Company will post 11.77 EPS for the current fiscal year.
Sherwin-Williams Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 22nd were given a $0.80 dividend. The ex-dividend date was Friday, May 22nd. This represents a $3.20 annualized dividend and a yield of 0.9%. Sherwin-Williams’s dividend payout ratio (DPR) 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.
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