The Sherwin-Williams Company $SHW Shares Purchased by QRG Capital Management Inc.

QRG Capital Management Inc. increased its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 10.1% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 25,311 shares of the specialty chemicals company’s stock after buying an additional 2,328 shares during the quarter. QRG Capital Management Inc.’s holdings in Sherwin-Williams were worth $8,113,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Sherwin-Williams during the 4th quarter worth $1,089,450,000. Viking Global Investors LP grew its holdings in shares of 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 purchasing an additional 985,520 shares during the period. Balyasny Asset Management L.P. increased its position in Sherwin-Williams by 53,827.1% during the fourth quarter. Balyasny Asset Management L.P. now owns 662,225 shares of the specialty chemicals company’s stock worth $214,581,000 after purchasing an additional 660,997 shares during the last quarter. Vanguard Group Inc. raised its stake in Sherwin-Williams by 2.7% during the fourth quarter. Vanguard Group Inc. now owns 23,237,824 shares of the specialty chemicals company’s stock worth $7,529,752,000 after purchasing an additional 600,119 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Sherwin-Williams by 34.0% during 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 during the period. Institutional investors and hedge funds own 77.67% of the company’s stock.

Sherwin-Williams Trading Down 0.2%

Shares of SHW stock opened at $351.72 on Friday. The Sherwin-Williams Company has a 1-year low of $289.86 and a 1-year high of $379.65. The firm has a market cap of $86.75 billion, a PE ratio of 33.75, a price-to-earnings-growth ratio of 3.04 and a beta of 1.10. The company has a 50-day moving average of $317.77 and a two-hundred day moving average of $331.84. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.86 and a quick ratio of 0.53.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.27 by $0.08. The business had revenue of $5.67 billion for the quarter, compared to the consensus estimate of $5.56 billion. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The business’s revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the firm earned $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. On average, analysts predict that The Sherwin-Williams Company will post 11.77 EPS for the current year.

Sherwin-Williams Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were given a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Friday, May 22nd. Sherwin-Williams’s dividend payout ratio (DPR) is currently 30.71%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on SHW. UBS Group cut shares of Sherwin-Williams from a “buy” rating to a “neutral” rating and dropped their price target for the company from $385.00 to $330.00 in a research note on Tuesday, June 2nd. Zacks Research raised shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. BMO Capital Markets set a $355.00 price objective on Sherwin-Williams and gave the company an “outperform” rating in a report on Wednesday, June 3rd. Royal Bank Of Canada lowered their price objective on Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating for the company in a research report on Thursday, March 19th. Finally, JPMorgan Chase & Co. cut their target price on Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. Eight research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $368.69.

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.