Alta Capital Management LLC Reduces Stock Position in The Sherwin-Williams Company $SHW

Alta Capital Management LLC reduced its holdings in The Sherwin-Williams Company (NYSE:SHW) by 17.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 72,743 shares of the specialty chemicals company’s stock after selling 15,664 shares during the period. Sherwin-Williams makes up 1.6% of Alta Capital Management LLC’s portfolio, making the stock its 22nd largest holding. Alta Capital Management LLC’s holdings in Sherwin-Williams were worth $23,571,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Ares Financial Consulting LLC purchased a new position in shares of Sherwin-Williams during the 4th quarter worth about $27,000. Lodestone Wealth Management LLC purchased a new position in shares of Sherwin-Williams during the 4th quarter worth about $31,000. Rossby Financial LCC boosted its stake in shares of Sherwin-Williams by 96.0% during the 3rd quarter. Rossby Financial LCC now owns 98 shares of the specialty chemicals company’s stock worth $33,000 after purchasing an additional 48 shares during the period. JPL Wealth Management LLC purchased a new position in shares of Sherwin-Williams during the 3rd quarter worth about $45,000. Finally, Networth Advisors LLC purchased a new position in shares of Sherwin-Williams during the 4th quarter worth about $58,000. 77.67% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Sherwin-Williams

In other Sherwin-Williams news, SVP Bryan J. Young sold 2,513 shares of the business’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $364.47, for a total value of $915,913.11. Following the completion of the sale, the senior vice president directly owned 10,045 shares of the company’s stock, valued at $3,661,101.15. The trade was a 20.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.23% of the stock is currently owned by company insiders.

Sherwin-Williams Price Performance

Sherwin-Williams stock opened at $302.73 on Tuesday. The stock has a market cap of $74.67 billion, a price-to-earnings ratio of 29.05, a price-to-earnings-growth ratio of 2.60 and a beta of 1.16. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.86 and a quick ratio of 0.53. The Sherwin-Williams Company has a 1 year low of $300.05 and a 1 year high of $379.65. The firm has a 50-day moving average of $322.47 and a two-hundred day moving average of $336.43.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings data 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 company had revenue of $5.67 billion during the quarter, compared to analysts’ expectations of $5.56 billion. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The firm’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the company earned $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. On average, research analysts forecast that The Sherwin-Williams Company will post 11.74 earnings per share for the current year.

Sherwin-Williams Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 22nd will be given a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Friday, May 22nd. Sherwin-Williams’s payout ratio is 30.71%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on SHW shares. Weiss Ratings cut shares of Sherwin-Williams from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday. Zacks Research raised shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. Citigroup dropped their price target on shares of Sherwin-Williams from $410.00 to $385.00 and set a “buy” rating for the company in a research note on Wednesday, April 1st. Wells Fargo & Company dropped their price target on shares of Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft cut shares of Sherwin-Williams from a “buy” rating to a “hold” rating and set a $380.00 price target for the company. in a research note on Thursday, January 22nd. Nine analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Sherwin-Williams currently has an average rating of “Moderate Buy” and a consensus target price of $375.33.

About Sherwin-Williams

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.