The Sherwin-Williams Company $SHW Shares Sold by Swiss National Bank

Swiss National Bank lowered its holdings in The Sherwin-Williams Company (NYSE:SHW) by 5.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 648,880 shares of the specialty chemicals company’s stock after selling 37,320 shares during the period. Swiss National Bank’s holdings in Sherwin-Williams were worth $210,257,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of SHW. CoreCap Advisors LLC grew its position in 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 acquiring an additional 29 shares in the last quarter. Sowell Financial Services LLC lifted its position in shares of Sherwin-Williams by 2.8% during the fourth quarter. Sowell Financial Services LLC now owns 1,057 shares of the specialty chemicals company’s stock worth $343,000 after purchasing an additional 29 shares in the last quarter. Mather Group LLC. lifted its position in shares of Sherwin-Williams by 1.4% during the fourth quarter. Mather Group LLC. now owns 2,118 shares of the specialty chemicals company’s stock worth $686,000 after purchasing an additional 30 shares in the last quarter. Sapient Capital LLC lifted its position in shares of Sherwin-Williams by 0.3% during the fourth quarter. Sapient Capital LLC now owns 9,176 shares of the specialty chemicals company’s stock worth $2,993,000 after purchasing an additional 30 shares in the last quarter. Finally, Deseret Mutual Benefit Administrators lifted its position in shares of Sherwin-Williams by 6.3% during the fourth quarter. Deseret Mutual Benefit Administrators now owns 527 shares of the specialty chemicals company’s stock worth $171,000 after purchasing an additional 31 shares in the last quarter. Institutional investors and hedge funds own 77.67% of the company’s stock.

Sherwin-Williams Trading Up 4.2%

SHW opened at $316.79 on Friday. The Sherwin-Williams Company has a 12 month low of $289.86 and a 12 month high of $379.65. The stock has a market capitalization of $78.13 billion, a price-to-earnings ratio of 30.40, a PEG ratio of 2.62 and a beta of 1.12. 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 business has a fifty day moving average price of $317.31 and a 200 day moving average price of $332.21.

Sherwin-Williams (NYSE:SHW) last released its earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 EPS for the quarter, topping the consensus estimate of $2.27 by $0.08. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.The firm had revenue of $5.67 billion during the quarter, compared to analysts’ expectations of $5.56 billion. During the same period in the previous year, the firm posted $2.25 EPS. Sherwin-Williams’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. Sell-side analysts expect that The Sherwin-Williams Company will post 11.78 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Friday, May 22nd. Sherwin-Williams’s dividend payout ratio (DPR) is presently 30.71%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on SHW. Citigroup began coverage on shares of Sherwin-Williams in a research report on Thursday, June 4th. They set a “buy” rating and a $355.00 price target on the stock. Zacks Research raised shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. Wells Fargo & Company reduced 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. Royal Bank Of Canada reduced their price target on shares of Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating on the stock in a research report on Thursday, March 19th. Finally, UBS Group cut shares of Sherwin-Williams from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $385.00 to $330.00 in a research report on Tuesday, June 2nd. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $366.77.

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.