KBC Group NV Has $45.45 Million Position in The Sherwin-Williams Company $SHW

KBC Group NV cut its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 2.0% in the first quarter, Holdings Channel reports. The fund owned 141,803 shares of the specialty chemicals company’s stock after selling 2,840 shares during the period. KBC Group NV’s holdings in Sherwin-Williams were worth $45,455,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Ares Financial Consulting LLC acquired a new stake in shares of Sherwin-Williams during the 4th quarter worth about $27,000. Lloyd Advisory Services LLC. acquired a new position in Sherwin-Williams in the fourth quarter valued at about $27,000. Whipplewood Advisors LLC bought a new stake in Sherwin-Williams during the first quarter worth about $28,000. Kemnay Advisory Services Inc. bought a new stake in Sherwin-Williams during the fourth quarter worth about $30,000. Finally, Lodestone Wealth Management LLC acquired a new stake in shares of Sherwin-Williams during the fourth quarter worth approximately $31,000. Institutional investors own 77.67% of the company’s stock.

Analyst Ratings Changes

SHW has been the topic of several recent analyst reports. Bank of America reduced their target price on Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating on the stock in a report on Tuesday, April 21st. UBS Group downgraded Sherwin-Williams from a “buy” rating to a “neutral” rating and cut their price objective for the company from $385.00 to $330.00 in a research report on Tuesday, June 2nd. Evercore reissued an “outperform” rating on shares of Sherwin-Williams in a research note on Friday, May 8th. Wells Fargo & Company decreased their target price on Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 29th. Finally, JPMorgan Chase & Co. cut their price target on Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. Eight analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $374.38.

Sherwin-Williams Trading Down 2.2%

SHW stock opened at $323.98 on Tuesday. 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 twelve month low of $289.86 and a twelve month high of $379.65. The company has a market cap of $79.91 billion, a P/E ratio of 31.09, a PEG ratio of 2.86 and a beta of 1.10. The business has a fifty day moving average of $319.95 and a 200-day moving average of $332.52.

Sherwin-Williams (NYSE:SHW) last posted its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.08. The business had revenue of $5.67 billion for the quarter, compared to analysts’ expectations of $5.56 billion. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.The firm’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter last year, the business earned $2.25 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. As a group, equities research analysts expect that The Sherwin-Williams Company will post 11.78 EPS for the current year.

Sherwin-Williams Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were given a dividend of $0.80 per share. The ex-dividend date was Friday, May 22nd. This represents a $3.20 annualized dividend and a dividend yield of 1.0%. Sherwin-Williams’s payout ratio 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.