MPS Loria Financial Planners LLC Reduces Position in The Sherwin-Williams Company $SHW

MPS Loria Financial Planners LLC reduced its position in shares of The Sherwin-Williams Company (NYSE:SHW) by 54.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,957 shares of the specialty chemicals company’s stock after selling 2,336 shares during the period. MPS Loria Financial Planners LLC’s holdings in Sherwin-Williams were worth $634,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Viking Global Investors LP raised 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 buying an additional 985,520 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Sherwin-Williams by 2.7% during the 4th quarter. Vanguard Group Inc. now owns 23,237,824 shares of the specialty chemicals company’s stock worth $7,529,752,000 after acquiring an additional 600,119 shares in the last quarter. Assenagon Asset Management S.A. increased its holdings in shares of Sherwin-Williams by 424.2% in the 4th quarter. Assenagon Asset Management S.A. now owns 547,583 shares of the specialty chemicals company’s stock valued at $177,433,000 after acquiring an additional 443,119 shares during the last quarter. Alyeska Investment Group L.P. acquired a new stake in shares of Sherwin-Williams during the 3rd quarter worth about $104,826,000. Finally, Amundi raised its position in shares of Sherwin-Williams by 14.0% during the 3rd quarter. Amundi now owns 1,897,769 shares of the specialty chemicals company’s stock worth $639,377,000 after acquiring an additional 232,436 shares in the last quarter. Institutional investors and hedge funds own 77.67% of the company’s stock.

Sherwin-Williams Trading Down 1.0%

NYSE:SHW opened at $320.31 on Friday. The company has a market capitalization of $79.00 billion, a PE ratio of 30.74, a P/E/G ratio of 2.80 and a beta of 1.16. The Sherwin-Williams Company has a 52-week low of $301.58 and a 52-week high of $379.65. The stock’s 50 day moving average price is $328.62 and its 200 day moving average price is $337.83. The company has a quick ratio of 0.53, a current ratio of 0.86 and a debt-to-equity ratio of 2.10.

Sherwin-Williams (NYSE:SHW) last posted its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.08. The business had revenue of $5.67 billion during the quarter, compared to the consensus estimate of $5.56 billion. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.The company’s revenue was up 6.9% compared to the same quarter last year. During the same period in the prior year, the company earned $2.25 earnings per share. 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 year.

Sherwin-Williams Announces Dividend

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

Insider Transactions 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 directly owned 10,045 shares in the company, valued at approximately $3,661,101.15. The trade was a 20.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.23% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on SHW. Wells Fargo & Company lowered their price target on Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating for the company in a report on Wednesday, April 29th. Citigroup cut their price objective on shares of Sherwin-Williams from $410.00 to $385.00 and set a “buy” rating on the stock in a report on Wednesday, April 1st. Deutsche Bank Aktiengesellschaft downgraded shares of Sherwin-Williams from a “buy” rating to a “hold” rating and set a $380.00 price objective for the company. in a research report on Thursday, January 22nd. Bank of America lowered their target price on shares of Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating for the company in a report on Tuesday, April 21st. 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. Ten analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $375.33.

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.