Pure Financial Advisors LLC Purchases 1,693 Shares of The Sherwin-Williams Company $SHW

Pure Financial Advisors LLC lifted its position in shares of The Sherwin-Williams Company (NYSE:SHW) by 28.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 7,544 shares of the specialty chemicals company’s stock after purchasing an additional 1,693 shares during the quarter. Pure Financial Advisors LLC’s holdings in Sherwin-Williams were worth $2,445,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Norges Bank bought a new stake in Sherwin-Williams in the 4th quarter valued at approximately $1,089,450,000. Viking Global Investors LP grew its stake in shares of Sherwin-Williams by 101.4% during the 2nd quarter. Viking Global Investors LP now owns 1,957,750 shares of the specialty chemicals company’s stock worth $672,213,000 after acquiring an additional 985,520 shares in the last quarter. Balyasny Asset Management L.P. raised its holdings in shares of Sherwin-Williams by 53,827.1% in the fourth quarter. Balyasny Asset Management L.P. now owns 662,225 shares of the specialty chemicals company’s stock valued at $214,581,000 after purchasing an additional 660,997 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of Sherwin-Williams by 2.7% in the fourth quarter. Vanguard Group Inc. now owns 23,237,824 shares of the specialty chemicals company’s stock valued at $7,529,752,000 after purchasing an additional 600,119 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Sherwin-Williams by 34.0% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,023,949 shares of the specialty chemicals company’s stock worth $655,820,000 after purchasing an additional 513,126 shares in the last quarter. 77.67% of the stock is currently owned by institutional investors.

Sherwin-Williams Trading Up 0.2%

Shares of Sherwin-Williams stock opened at $321.38 on Friday. The stock has a market cap of $79.26 billion, a P/E ratio of 30.84, a P/E/G ratio of 2.77 and a beta of 1.12. The company has a quick ratio of 0.53, a current ratio of 0.86 and a debt-to-equity ratio of 2.10. The Sherwin-Williams Company has a 12-month low of $289.86 and a 12-month high of $379.65. The business’s 50 day moving average is $317.09 and its 200-day moving average is $331.32.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share for the quarter, topping the consensus estimate of $2.27 by $0.08. The company had revenue of $5.67 billion for 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%. Sherwin-Williams’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period in the previous year, the business earned $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Equities research analysts predict that The Sherwin-Williams Company will post 11.77 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

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

Wall Street Analyst Weigh In

SHW has been the subject of several recent research reports. Citigroup began coverage on shares of Sherwin-Williams in a report on Thursday, June 4th. They set a “buy” rating and a $355.00 target price for the company. UBS Group lowered shares of Sherwin-Williams from a “buy” rating to a “neutral” rating and lowered their price target for the company from $385.00 to $330.00 in a research note on Tuesday, June 2nd. Mizuho cut their price target on shares of Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating on the stock in a research report on Monday, March 23rd. BMO Capital Markets set a $355.00 price objective on shares of Sherwin-Williams and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. Finally, Royal Bank Of Canada decreased their price objective on Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating for the company in a report on Thursday, March 19th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $366.77.

Sherwin-Williams 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.