Hilltop Holdings Inc. Sells 2,412 Shares of The Sherwin-Williams Company $SHW

Hilltop Holdings Inc. cut its stake in The Sherwin-Williams Company (NYSE:SHW) by 41.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,399 shares of the specialty chemicals company’s stock after selling 2,412 shares during the period. Hilltop Holdings Inc.’s holdings in Sherwin-Williams were worth $1,090,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Fideuram Asset Management Ireland dac acquired a new stake in Sherwin-Williams in the 4th quarter valued at approximately $2,496,000. Calamos Advisors LLC boosted its position in Sherwin-Williams by 5.4% during the 4th quarter. Calamos Advisors LLC now owns 180,602 shares of the specialty chemicals company’s stock worth $58,520,000 after acquiring an additional 9,196 shares during the last quarter. Addenda Capital Inc. grew its stake in shares of Sherwin-Williams by 148.6% during the 4th quarter. Addenda Capital Inc. now owns 26,254 shares of the specialty chemicals company’s stock worth $8,507,000 after acquiring an additional 15,693 shares in the last quarter. Kinsale Capital Group Inc. acquired a new stake in Sherwin-Williams in the 4th quarter valued at $4,805,000. Finally, Waycross Partners LLC acquired a new stake in Sherwin-Williams in the 4th quarter valued at $29,745,000. Institutional investors and hedge funds own 77.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on SHW. Evercore restated an “outperform” rating on shares of Sherwin-Williams in a research note on Friday, May 8th. Berenberg Bank set a $380.00 target price on shares of Sherwin-Williams in a research note on Monday, June 8th. Weiss Ratings downgraded shares of Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, July 17th. Wells Fargo & Company dropped their price target on shares of Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 29th. Finally, Zacks Research upgraded shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. Seven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $373.92.

Sherwin-Williams Stock Performance

Shares of NYSE SHW opened at $317.59 on Friday. 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 company has a market capitalization of $78.33 billion, a P/E ratio of 30.48, a P/E/G ratio of 2.47 and a beta of 1.10. The Sherwin-Williams Company has a 12 month low of $289.86 and a 12 month high of $379.65. The stock has a 50 day moving average of $320.72 and a 200-day moving average of $332.22.

Sherwin-Williams (NYSE:SHW) last posted its quarterly earnings results 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 business had revenue of $5.67 billion for the quarter, compared to analysts’ expectations of $5.56 billion. During the same quarter in the prior year, the business earned $2.25 EPS. The firm’s revenue for the quarter was up 6.9% on a year-over-year basis. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. As a group, equities research analysts predict that The Sherwin-Williams Company will post 11.78 EPS for the current year.

Sherwin-Williams Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 21st will be given a $0.80 dividend. The ex-dividend date of this dividend is Friday, August 21st. This represents a $3.20 annualized dividend and a dividend yield of 1.0%. Sherwin-Williams’s dividend payout ratio is presently 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.