Resources Management Corp CT ADV Trims Position in The Sherwin-Williams Company $SHW

Resources Management Corp CT ADV lessened its stake in The Sherwin-Williams Company (NYSE:SHW) by 32.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,336 shares of the specialty chemicals company’s stock after selling 2,039 shares during the period. Resources Management Corp CT ADV’s holdings in Sherwin-Williams were worth $1,405,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in shares of Sherwin-Williams by 73.6% in the 4th quarter. Brighton Jones LLC now owns 1,545 shares of the specialty chemicals company’s stock valued at $525,000 after purchasing an additional 655 shares in the last quarter. Empowered Funds LLC raised its holdings in shares of Sherwin-Williams by 11.2% in the 1st quarter. Empowered Funds LLC now owns 6,236 shares of the specialty chemicals company’s stock valued at $2,178,000 after purchasing an additional 626 shares in the last quarter. Jump Financial LLC bought a new stake in shares of Sherwin-Williams in the 2nd quarter valued at about $1,210,000. Sei Investments Co. raised its holdings in shares of Sherwin-Williams by 43.6% in the 2nd quarter. Sei Investments Co. now owns 196,915 shares of the specialty chemicals company’s stock valued at $67,612,000 after purchasing an additional 59,831 shares in the last quarter. Finally, Glenview Trust co raised its holdings in shares of Sherwin-Williams by 4.8% in the 2nd quarter. Glenview Trust co now owns 3,249 shares of the specialty chemicals company’s stock valued at $1,116,000 after purchasing an additional 148 shares in the last quarter. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Wall Street Analyst Weigh In

SHW has been the subject of several recent research reports. Bank of America reduced their price target 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. JPMorgan Chase & Co. reduced their price target on shares of Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. Evercore restated an “outperform” rating on shares of Sherwin-Williams in a report on Friday, May 8th. UBS Group lowered shares of Sherwin-Williams from a “buy” rating to a “neutral” rating and reduced their price target for the company from $385.00 to $330.00 in a report on Tuesday, June 2nd. Finally, Berenberg Bank set a $380.00 price target on shares of Sherwin-Williams in a report on Monday, June 8th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $366.77.

Sherwin-Williams Stock Down 0.0%

NYSE:SHW opened at $317.25 on Monday. The Sherwin-Williams Company has a fifty-two week low of $289.86 and a fifty-two week high of $379.65. The stock has a market capitalization of $78.25 billion, a P/E ratio of 30.45, a P/E/G ratio of 2.74 and a beta of 1.12. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.53 and a current ratio of 0.86. The company’s 50-day simple moving average is $317.14 and its 200-day simple moving average is $332.06.

Sherwin-Williams (NYSE:SHW) last released 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 net margin of 10.86% and a return on equity of 64.55%. The business had revenue of $5.67 billion for the quarter, compared to analysts’ expectations of $5.56 billion. During the same period last year, the business earned $2.25 EPS. The company’s revenue was up 6.9% compared to the same quarter last year. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. On average, equities analysts anticipate that The Sherwin-Williams Company will post 11.78 earnings per share for the current fiscal year.

Sherwin-Williams Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 22nd were paid a $0.80 dividend. The ex-dividend date was 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 (DPR) is 30.71%.

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.