Mitsubishi UFJ Trust & Banking Corp Trims Position in The Sherwin-Williams Company $SHW

Mitsubishi UFJ Trust & Banking Corp reduced its position in The Sherwin-Williams Company (NYSE:SHW) by 21.8% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 127,176 shares of the specialty chemicals company’s stock after selling 35,473 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Sherwin-Williams were worth $44,036,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Richard W. Paul & Associates LLC grew its position in shares of Sherwin-Williams by 1.6% in the second quarter. Richard W. Paul & Associates LLC now owns 1,885 shares of the specialty chemicals company’s stock valued at $647,000 after purchasing an additional 30 shares during the period. Valley Brook Capital Group Inc. boosted its stake in Sherwin-Williams by 2.4% in the 2nd quarter. Valley Brook Capital Group Inc. now owns 1,311 shares of the specialty chemicals company’s stock worth $450,000 after buying an additional 31 shares during the last quarter. 17 Capital Partners LLC grew its holdings in Sherwin-Williams by 0.9% in the 2nd quarter. 17 Capital Partners LLC now owns 3,340 shares of the specialty chemicals company’s stock valued at $1,147,000 after buying an additional 31 shares during the period. Alpine Bank Wealth Management increased its stake in shares of Sherwin-Williams by 4.1% during the 3rd quarter. Alpine Bank Wealth Management now owns 781 shares of the specialty chemicals company’s stock valued at $270,000 after acquiring an additional 31 shares during the last quarter. Finally, Jessup Wealth Management Inc increased its stake in shares of Sherwin-Williams by 1.4% during the 2nd quarter. Jessup Wealth Management Inc now owns 2,341 shares of the specialty chemicals company’s stock valued at $804,000 after acquiring an additional 32 shares during the last quarter. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

SHW has been the topic of several research analyst reports. Royal Bank Of Canada set a $405.00 target price on shares of Sherwin-Williams and gave the stock an “outperform” rating in a research report on Wednesday, October 29th. Deutsche Bank Aktiengesellschaft lowered shares of Sherwin-Williams from a “buy” rating to a “hold” rating and set a $380.00 price target on the stock. in a report on Thursday. Weiss Ratings restated a “hold (c+)” rating on shares of Sherwin-Williams in a report on Monday, December 29th. Wells Fargo & Company set a $410.00 target price on Sherwin-Williams and gave the stock an “overweight” rating in a research report on Wednesday, October 29th. Finally, UBS Group reissued a “buy” rating and set a $415.00 price target (down previously from $422.00) on shares of Sherwin-Williams in a research report on Monday, January 12th. Eleven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $385.94.

Sherwin-Williams Stock Performance

NYSE:SHW opened at $348.19 on Monday. The firm’s fifty day simple moving average is $335.97 and its 200 day simple moving average is $343.65. The company has a current ratio of 0.82, a quick ratio of 0.52 and a debt-to-equity ratio of 2.11. The Sherwin-Williams Company has a twelve month low of $308.84 and a twelve month high of $379.65. The firm has a market capitalization of $86.31 billion, a price-to-earnings ratio of 33.97, a PEG ratio of 4.30 and a beta of 1.26.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings results on Tuesday, October 28th. The specialty chemicals company reported $3.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.44 by $0.15. The firm had revenue of $6.36 billion during the quarter, compared to the consensus estimate of $6.21 billion. Sherwin-Williams had a return on equity of 66.75% and a net margin of 11.05%.The firm’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.37 EPS. Sherwin-Williams has set its FY 2025 guidance at 11.250-11.450 EPS. As a group, equities research analysts expect that The Sherwin-Williams Company will post 12 earnings per share for the current fiscal year.

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.