Liontrust Investment Partners LLP Buys 5,585 Shares of The Sherwin-Williams Company $SHW

Liontrust Investment Partners LLP increased its stake in The Sherwin-Williams Company (NYSE:SHW) by 17.4% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 37,610 shares of the specialty chemicals company’s stock after purchasing an additional 5,585 shares during the quarter. Liontrust Investment Partners LLP’s holdings in Sherwin-Williams were worth $12,914,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in SHW. MTM Investment Management LLC bought a new stake in shares of Sherwin-Williams during the second quarter valued at about $26,000. Valley National Advisers Inc. grew its stake in Sherwin-Williams by 68.0% during the second quarter. Valley National Advisers Inc. now owns 84 shares of the specialty chemicals company’s stock valued at $28,000 after acquiring an additional 34 shares in the last quarter. Vermillion & White Wealth Management Group LLC increased its holdings in Sherwin-Williams by 104.8% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 86 shares of the specialty chemicals company’s stock worth $30,000 after acquiring an additional 44 shares during the period. Salomon & Ludwin LLC purchased a new stake in Sherwin-Williams in the 2nd quarter worth approximately $31,000. Finally, Saudi Central Bank bought a new position in Sherwin-Williams in the 1st quarter valued at $33,000. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Sherwin-Williams Stock Down 0.2%

Shares of SHW opened at $328.64 on Friday. The Sherwin-Williams Company has a 1 year low of $308.84 and a 1 year high of $379.65. The company has a debt-to-equity ratio of 2.11, a current ratio of 0.82 and a quick ratio of 0.52. The stock has a 50 day simple moving average of $336.28 and a two-hundred day simple moving average of $346.04. The firm has a market cap of $81.47 billion, a P/E ratio of 32.06, a P/E/G ratio of 3.88 and a beta of 1.24.

Sherwin-Williams (NYSE:SHW) last posted its quarterly earnings results on Tuesday, October 28th. The specialty chemicals company reported $3.59 EPS for the quarter, topping the consensus estimate of $3.44 by $0.15. Sherwin-Williams had a net margin of 11.05% and a return on equity of 66.75%. The firm had revenue of $6.36 billion for the quarter, compared to the consensus estimate of $6.21 billion. During the same period last year, the firm posted $3.37 earnings per share. The business’s revenue was up 3.2% compared to the same quarter last year. Sherwin-Williams has set its FY 2025 guidance at 11.250-11.450 EPS. On average, analysts forecast that The Sherwin-Williams Company will post 12 earnings per share for the current fiscal year.

Sherwin-Williams Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 5th. Shareholders of record on Friday, November 14th were given a dividend of $0.79 per share. This represents a $3.16 annualized dividend and a yield of 1.0%. The ex-dividend date was Friday, November 14th. Sherwin-Williams’s dividend payout ratio is presently 30.83%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Wells Fargo & Company set a $410.00 price objective on Sherwin-Williams and gave the stock an “overweight” rating in a research report on Wednesday, October 29th. JPMorgan Chase & Co. raised their price target on Sherwin-Williams from $378.00 to $385.00 and gave the company an “overweight” rating in a report on Wednesday, October 29th. Bank of America dropped their price target on Sherwin-Williams from $375.00 to $368.00 and set a “neutral” rating for the company in a research report on Tuesday, October 14th. Citigroup restated a “neutral” rating and issued a $392.00 price objective (up from $380.00) on shares of Sherwin-Williams in a research report on Thursday, October 30th. Finally, Evercore ISI lifted their target price on shares of Sherwin-Williams from $380.00 to $400.00 and gave the company an “outperform” rating in a research report on Tuesday, August 26th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Sherwin-Williams presently has an average rating of “Moderate Buy” and an average target price of $390.87.

Sherwin-Williams Company Profile

The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coating, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: Paint Stores Group, Consumer Brands Group, and Performance Coatings Group.