Pacer Advisors Inc. Lowers Stake in The Sherwin-Williams Company $SHW

Pacer Advisors Inc. lessened its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 35.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,971 shares of the specialty chemicals company’s stock after selling 6,484 shares during the quarter. Pacer Advisors Inc.’s holdings in Sherwin-Williams were worth $3,837,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the stock. Empowered Funds LLC raised its holdings in Sherwin-Williams by 143.6% in the first quarter. Empowered Funds LLC now owns 27,059 shares of the specialty chemicals company’s stock worth $8,674,000 after purchasing an additional 15,949 shares in the last quarter. Rathbones Group PLC boosted its holdings in shares of Sherwin-Williams by 0.5% in the 1st quarter. Rathbones Group PLC now owns 261,702 shares of the specialty chemicals company’s stock valued at $83,889,000 after buying an additional 1,350 shares in the last quarter. DV Trading LLC grew its position in shares of Sherwin-Williams by 171.4% in the 1st quarter. DV Trading LLC now owns 760 shares of the specialty chemicals company’s stock worth $244,000 after buying an additional 480 shares during the last quarter. Blue Fin Capital Inc. grew its position in shares of Sherwin-Williams by 4.3% in the 1st quarter. Blue Fin Capital Inc. now owns 4,143 shares of the specialty chemicals company’s stock worth $1,328,000 after buying an additional 172 shares during the last quarter. Finally, SHUTTLEWORTH & Co raised its stake in shares of Sherwin-Williams by 4.7% during the 1st quarter. SHUTTLEWORTH & Co now owns 4,171 shares of the specialty chemicals company’s stock worth $1,337,000 after acquiring an additional 186 shares in the last quarter. 77.67% of the stock is owned by institutional investors.

Sherwin-Williams Price Performance

Shares of NYSE SHW opened at $363.08 on Friday. The business’s 50 day moving average price is $328.64 and its 200 day moving average price is $332.31. The firm has a market cap of $88.14 billion, a P/E ratio of 33.46, a P/E/G ratio of 2.75 and a beta of 1.10. The Sherwin-Williams Company has a 52 week low of $289.86 and a 52 week high of $379.65. The company has a quick ratio of 0.46, a current ratio of 0.73 and a debt-to-equity ratio of 2.16.

Sherwin-Williams (NYSE:SHW) last posted its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.52 by $0.18. Sherwin-Williams had a net margin of 11.01% and a return on equity of 67.97%. The company had revenue of $6.79 billion during the quarter, compared to analyst estimates of $6.60 billion. During the same period last year, the firm posted $3.38 EPS. Sherwin-Williams’s revenue for the quarter was up 7.5% compared to the same quarter last year. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. On average, sell-side analysts expect that The Sherwin-Williams Company will post 12.08 earnings per share for the current year.

Sherwin-Williams Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 21st will be issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, August 21st. Sherwin-Williams’s dividend payout ratio (DPR) is 29.49%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on SHW. Berenberg Bank set a $380.00 price target on shares of Sherwin-Williams in a report on Monday, June 8th. Morgan Stanley restated an “overweight” rating and set a $395.00 target price (up from $385.00) on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $405.00 price target (up from $391.00) on shares of Sherwin-Williams in a research note on Wednesday, July 8th. Citigroup restated a “buy” rating on shares of Sherwin-Williams in a report on Wednesday, July 29th. Finally, Evercore reiterated an “outperform” rating on shares of Sherwin-Williams in a research note on Friday, May 8th. Nine analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, Sherwin-Williams presently has a consensus rating of “Moderate Buy” and a consensus price target of $385.44.

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.