National Pension Service Grows Stock Holdings in The Sherwin-Williams Company $SHW

National Pension Service increased its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 29.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 708,908 shares of the specialty chemicals company’s stock after buying an additional 161,405 shares during the quarter. National Pension Service’s holdings in Sherwin-Williams were worth $229,707,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SHW. Brighton Jones LLC grew its holdings in shares of Sherwin-Williams by 73.6% during the fourth quarter. Brighton Jones LLC now owns 1,545 shares of the specialty chemicals company’s stock worth $525,000 after buying an additional 655 shares during the last quarter. Empowered Funds LLC grew its holdings in shares of Sherwin-Williams by 11.2% during the first quarter. Empowered Funds LLC now owns 6,236 shares of the specialty chemicals company’s stock worth $2,178,000 after buying an additional 626 shares during the last quarter. Jump Financial LLC purchased a new position in shares of Sherwin-Williams during the second quarter worth about $1,210,000. Sei Investments Co. grew its holdings in shares of Sherwin-Williams by 43.6% during the second quarter. Sei Investments Co. now owns 196,915 shares of the specialty chemicals company’s stock worth $67,612,000 after buying an additional 59,831 shares during the last quarter. Finally, Glenview Trust co grew its holdings in shares of Sherwin-Williams by 4.8% during the second quarter. Glenview Trust co now owns 3,249 shares of the specialty chemicals company’s stock worth $1,116,000 after buying an additional 148 shares during the last quarter. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Wall Street Analyst Weigh In

SHW has been the topic of a number of research reports. UBS Group lowered their price target on Sherwin-Williams from $420.00 to $380.00 and set a “buy” rating on the stock in a report on Thursday, April 2nd. Evercore reissued an “outperform” rating on shares of Sherwin-Williams in a report on Friday, May 8th. Weiss Ratings lowered Sherwin-Williams from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, May 14th. Wells Fargo & Company lowered their price objective 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, Royal Bank Of Canada lowered their price objective on Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating on the stock in a report on Thursday, March 19th. Nine equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $375.33.

Sherwin-Williams Price Performance

Shares of SHW opened at $304.25 on Friday. The Sherwin-Williams Company has a twelve month low of $294.32 and a twelve month high of $379.65. The stock’s 50 day moving average is $319.59 and its two-hundred day moving average is $334.28. The firm has a market capitalization of $75.04 billion, a PE ratio of 29.20, a P/E/G ratio of 2.64 and a beta of 1.16. The company has a current ratio of 0.86, a quick ratio of 0.53 and a debt-to-equity ratio of 2.10.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share 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 for the quarter, compared to analyst estimates of $5.56 billion. During the same quarter in the previous year, the company earned $2.25 EPS. The firm’s revenue for the quarter 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. Research analysts anticipate that The Sherwin-Williams Company will post 11.74 earnings per share for the current year.

Sherwin-Williams Dividend Announcement

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