Cercano Management LLC Buys 8,087 Shares of The Sherwin-Williams Company $SHW

Cercano Management LLC grew its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 14.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 65,792 shares of the specialty chemicals company’s stock after buying an additional 8,087 shares during the quarter. Sherwin-Williams accounts for approximately 0.8% of Cercano Management LLC’s portfolio, making the stock its 28th largest holding. Cercano Management LLC’s holdings in Sherwin-Williams were worth $21,319,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ares Financial Consulting LLC bought a new position in shares of Sherwin-Williams during the fourth quarter valued at about $27,000. Lloyd Advisory Services LLC. bought a new stake in shares of Sherwin-Williams in the fourth quarter worth about $27,000. Lodestone Wealth Management LLC bought a new stake in shares of Sherwin-Williams in the fourth quarter worth about $31,000. Rossby Financial LCC grew its stake in shares of Sherwin-Williams by 96.0% in the third quarter. Rossby Financial LCC now owns 98 shares of the specialty chemicals company’s stock worth $33,000 after purchasing an additional 48 shares during the last quarter. Finally, JPL Wealth Management LLC purchased a new stake in Sherwin-Williams in the third quarter worth about $45,000. 77.67% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have commented on SHW. Bank of America lowered their price objective 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. Evercore reiterated an “outperform” rating on shares of Sherwin-Williams in a report on Friday, May 8th. Wells Fargo & Company lowered their target price on shares of Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating for the company in a report on Wednesday, April 29th. Citigroup lowered their target price on shares of Sherwin-Williams from $410.00 to $385.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. Finally, Royal Bank Of Canada lowered their target price on shares of Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating for the company in a report on Thursday, March 19th. Eight research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $371.17.

Sherwin-Williams Trading Down 2.9%

NYSE:SHW opened at $295.02 on Tuesday. The Sherwin-Williams Company has a 12 month low of $292.39 and a 12 month high of $379.65. The company has a 50 day simple moving average of $319.29 and a two-hundred day simple moving average of $333.87. The company has a current ratio of 0.86, a quick ratio of 0.53 and a debt-to-equity ratio of 2.10. The company has a market cap of $72.76 billion, a PE ratio of 28.31, a price-to-earnings-growth ratio of 2.63 and a beta of 1.16.

Sherwin-Williams (NYSE:SHW) last issued its quarterly earnings data 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. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The firm 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 posted $2.25 EPS. The company’s revenue for the quarter 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 11.74 earnings per share for the current year.

Sherwin-Williams Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 22nd will be issued a $0.80 dividend. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $3.20 annualized dividend and a yield of 1.1%. Sherwin-Williams’s dividend payout ratio is currently 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.