The Sherwin-Williams Company $SHW Shares Sold by GPS Wealth Strategies Group LLC

GPS Wealth Strategies Group LLC lessened its stake in The Sherwin-Williams Company (NYSE:SHW) by 65.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,677 shares of the specialty chemicals company’s stock after selling 3,201 shares during the period. GPS Wealth Strategies Group LLC’s holdings in Sherwin-Williams were worth $543,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of SHW. Viking Global Investors LP boosted its stake in Sherwin-Williams by 101.4% in the second quarter. Viking Global Investors LP now owns 1,957,750 shares of the specialty chemicals company’s stock valued at $672,213,000 after acquiring an additional 985,520 shares in the last quarter. Vanguard Group Inc. boosted its stake in Sherwin-Williams by 2.7% in the fourth quarter. Vanguard Group Inc. now owns 23,237,824 shares of the specialty chemicals company’s stock valued at $7,529,752,000 after acquiring an additional 600,119 shares in the last quarter. Assenagon Asset Management S.A. boosted its stake in shares of Sherwin-Williams by 424.2% during the fourth quarter. Assenagon Asset Management S.A. now owns 547,583 shares of the specialty chemicals company’s stock worth $177,433,000 after buying an additional 443,119 shares during the period. Alyeska Investment Group L.P. acquired a new stake in shares of Sherwin-Williams during the third quarter worth about $104,826,000. Finally, PBCay One RSC Ltd acquired a new stake in shares of Sherwin-Williams during the fourth quarter worth about $92,275,000. Institutional investors and hedge funds own 77.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on SHW shares. Zacks Research upgraded shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. Evercore reiterated an “outperform” rating on shares of Sherwin-Williams in a research note on Friday, May 8th. Bank of America reduced their price objective on shares of Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating for the company in a research report on Tuesday, April 21st. Weiss Ratings downgraded shares of Sherwin-Williams from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, May 14th. Finally, Royal Bank Of Canada reduced their price objective on shares of Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating for the company in a research report on Thursday, March 19th. Nine investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Sherwin-Williams presently has a consensus rating of “Moderate Buy” and an average target price of $375.33.

Insider Buying and Selling at Sherwin-Williams

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

Sherwin-Williams Trading Up 0.1%

Shares of Sherwin-Williams stock opened at $309.71 on Friday. The Sherwin-Williams Company has a 12-month low of $294.32 and a 12-month high of $379.65. 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 stock has a market cap of $76.39 billion, a PE ratio of 29.72, a price-to-earnings-growth ratio of 2.68 and a beta of 1.16. The company has a 50-day moving average of $320.65 and a two-hundred day moving average of $335.39.

Sherwin-Williams (NYSE:SHW) last issued its earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share (EPS) for the quarter, beating 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 company had revenue of $5.67 billion during the quarter, compared to analysts’ expectations of $5.56 billion. During the same period last year, the company posted $2.25 earnings per share. The firm’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, research analysts anticipate that The Sherwin-Williams Company will post 11.74 EPS for the current fiscal year.

Sherwin-Williams Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 22nd will be issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Friday, May 22nd. Sherwin-Williams’s dividend payout ratio (DPR) is 30.71%.

Sherwin-Williams Company 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.