Phoenix Financial Ltd. Has $1.28 Million Holdings in The Sherwin-Williams Company $SHW

Phoenix Financial Ltd. lifted its holdings in The Sherwin-Williams Company (NYSE:SHW) by 85.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,942 shares of the specialty chemicals company’s stock after purchasing an additional 1,814 shares during the period. Phoenix Financial Ltd.’s holdings in Sherwin-Williams were worth $1,277,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Modera Wealth Management LLC lifted its stake in shares of Sherwin-Williams by 2.4% in the 3rd quarter. Modera Wealth Management LLC now owns 1,257 shares of the specialty chemicals company’s stock valued at $435,000 after purchasing an additional 29 shares during the last quarter. CoreCap Advisors LLC lifted its stake in shares of Sherwin-Williams by 0.6% in the 4th quarter. CoreCap Advisors LLC now owns 5,102 shares of the specialty chemicals company’s stock valued at $1,653,000 after purchasing an additional 29 shares during the last quarter. Sowell Financial Services LLC lifted its stake in shares of Sherwin-Williams by 2.8% in the 4th quarter. Sowell Financial Services LLC now owns 1,057 shares of the specialty chemicals company’s stock valued at $343,000 after purchasing an additional 29 shares during the last quarter. Mather Group LLC. lifted its stake in shares of Sherwin-Williams by 1.4% in the 4th quarter. Mather Group LLC. now owns 2,118 shares of the specialty chemicals company’s stock valued at $686,000 after purchasing an additional 30 shares during the last quarter. Finally, Nicholas Hoffman & Company LLC. lifted its stake in shares of Sherwin-Williams by 1.9% in the 4th quarter. Nicholas Hoffman & Company LLC. now owns 1,789 shares of the specialty chemicals company’s stock valued at $580,000 after purchasing an additional 33 shares during the last quarter. Institutional investors and hedge funds own 77.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Royal Bank Of Canada cut their target price 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. Zacks Research raised shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. Citigroup cut their target price on shares of Sherwin-Williams from $410.00 to $385.00 and set a “buy” rating for the company in a research report on Wednesday, April 1st. JPMorgan Chase & Co. cut their target price on shares of Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of Sherwin-Williams from a “buy” rating to a “hold” rating and set a $380.00 target price for the company. in a research report on Thursday, January 22nd. Nine equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $375.33.

Sherwin-Williams Stock Down 2.8%

Sherwin-Williams stock opened at $300.43 on Friday. The firm has a fifty day moving average price of $323.12 and a two-hundred day moving average price of $336.79. The firm has a market cap of $74.10 billion, a price-to-earnings ratio of 28.83, a P/E/G ratio of 2.67 and a beta of 1.16. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.86 and a quick ratio of 0.53. The Sherwin-Williams Company has a fifty-two week low of $300.05 and a fifty-two week high of $379.65.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 EPS for the quarter, beating analysts’ consensus estimates of $2.27 by $0.08. The business had revenue of $5.67 billion during the quarter, compared to analyst estimates of $5.56 billion. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The firm’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.25 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. As a group, analysts forecast that The Sherwin-Williams Company will post 11.74 earnings per share for the current year.

Sherwin-Williams Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 22nd will be given a dividend of $0.80 per share. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.1%. Sherwin-Williams’s dividend payout ratio is currently 30.71%.

Insider Activity at Sherwin-Williams

In other news, SVP Bryan J. Young sold 2,513 shares of the company’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $364.47, for a total transaction of $915,913.11. Following the completion of the transaction, the senior vice president owned 10,045 shares of the company’s stock, valued at approximately $3,661,101.15. This represents a 20.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.23% of the company’s stock.

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.