7,462 Shares in The Sherwin-Williams Company $SHW Bought by Cornerstone Planning LLC

Cornerstone Planning LLC purchased a new stake in The Sherwin-Williams Company (NYSE:SHW) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 7,462 shares of the specialty chemicals company’s stock, valued at approximately $2,435,000.

Several other hedge funds and other institutional investors have also made changes to their positions in SHW. CoreCap Advisors LLC increased its stake in shares of Sherwin-Williams by 0.6% during the fourth quarter. CoreCap Advisors LLC now owns 5,102 shares of the specialty chemicals company’s stock worth $1,653,000 after buying an additional 29 shares during the period. Sowell Financial Services LLC raised its holdings in Sherwin-Williams by 2.8% in the fourth quarter. Sowell Financial Services LLC now owns 1,057 shares of the specialty chemicals company’s stock valued at $343,000 after acquiring an additional 29 shares in the last quarter. Mather Group LLC. lifted its stake in Sherwin-Williams by 1.4% in the fourth quarter. Mather Group LLC. now owns 2,118 shares of the specialty chemicals company’s stock worth $686,000 after acquiring an additional 30 shares during the last quarter. Sapient Capital LLC lifted its stake in Sherwin-Williams by 0.3% in the fourth quarter. Sapient Capital LLC now owns 9,176 shares of the specialty chemicals company’s stock worth $2,993,000 after acquiring an additional 30 shares during the last quarter. Finally, Deseret Mutual Benefit Administrators grew its holdings in Sherwin-Williams by 6.2% during the 4th quarter. Deseret Mutual Benefit Administrators now owns 527 shares of the specialty chemicals company’s stock worth $171,000 after acquiring an additional 31 shares in the last quarter. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Sherwin-Williams Stock Performance

Shares of Sherwin-Williams stock opened at $321.38 on Friday. The firm has a market capitalization of $79.27 billion, a P/E ratio of 30.84, a P/E/G ratio of 2.77 and a beta of 1.12. The Sherwin-Williams Company has a 52 week low of $289.86 and a 52 week high of $379.65. 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 firm’s 50 day moving average is $317.09 and its two-hundred day moving average is $331.32.

Sherwin-Williams (NYSE:SHW) last issued 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. 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 during the quarter, compared to the consensus estimate of $5.56 billion. During the same quarter in the previous year, the firm 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. Research analysts forecast that The Sherwin-Williams Company will post 11.77 EPS for the current fiscal year.

Sherwin-Williams Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 22nd were paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 1.0%. The ex-dividend date was Friday, May 22nd. Sherwin-Williams’s dividend payout ratio (DPR) is currently 30.71%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on SHW shares. Mizuho dropped their price objective 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. Citigroup assumed coverage on shares of Sherwin-Williams in a research report on Thursday, June 4th. They set a “buy” rating and a $355.00 price objective for the company. BMO Capital Markets set a $355.00 target price on shares of Sherwin-Williams and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. Evercore reissued an “outperform” rating on shares of Sherwin-Williams in a report on Friday, May 8th. Finally, JPMorgan Chase & Co. cut their price target on Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 29th. One 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’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $366.77.

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.