Aware Super Pty Ltd as trustee of Aware Super Invests $20.09 Million in The Sherwin-Williams Company $SHW

Aware Super Pty Ltd as trustee of Aware Super bought a new position in The Sherwin-Williams Company (NYSE:SHW) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 62,663 shares of the specialty chemicals company’s stock, valued at approximately $20,087,000.

Other institutional investors have also added to or reduced their stakes in the company. Norges Bank bought a new stake in Sherwin-Williams in the 4th quarter worth $1,089,450,000. Viking Global Investors LP boosted its holdings in shares of Sherwin-Williams by 101.4% during the second quarter. Viking Global Investors LP now owns 1,957,750 shares of the specialty chemicals company’s stock worth $672,213,000 after purchasing an additional 985,520 shares during the period. Balyasny Asset Management L.P. grew its stake 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 worth $214,581,000 after purchasing an additional 660,997 shares during the last quarter. Vanguard Group Inc. increased its holdings in Sherwin-Williams by 2.7% during the 4th 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 period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Sherwin-Williams by 34.0% during the 4th 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 valued at $655,820,000 after purchasing an additional 513,126 shares during the period. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on SHW. Berenberg Bank set a $380.00 price objective on Sherwin-Williams in a report on Monday, June 8th. Wells Fargo & Company reduced their target price on Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 29th. JPMorgan Chase & Co. decreased their target price on Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. BMO Capital Markets raised their price target on Sherwin-Williams from $355.00 to $400.00 and gave the stock an “outperform” rating in a research note on Monday, July 6th. Finally, UBS Group cut shares of Sherwin-Williams from a “buy” rating to a “neutral” rating and cut their price target for the company from $385.00 to $330.00 in a report on Tuesday, June 2nd. Eight analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $374.38.

Sherwin-Williams Price Performance

SHW stock opened at $337.96 on Friday. 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 Sherwin-Williams Company has a 1 year low of $289.86 and a 1 year high of $379.65. The firm has a 50-day moving average of $319.42 and a 200 day moving average of $332.49. The company has a market cap of $83.35 billion, a P/E ratio of 32.43, a PEG ratio of 2.87 and a beta of 1.10.

Sherwin-Williams (NYSE:SHW) last posted its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share for the quarter, beating 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 business had revenue of $5.67 billion for the quarter, compared to analysts’ expectations of $5.56 billion. During the same period in the previous year, the firm posted $2.25 EPS. The business’s revenue was up 6.9% on a year-over-year basis. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. On average, sell-side analysts forecast that The Sherwin-Williams Company will post 11.77 EPS for the current year.

Sherwin-Williams Dividend Announcement

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

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.