Savant Capital LLC Boosts Stock Holdings in The Sherwin-Williams Company $SHW

Savant Capital LLC grew its holdings in The Sherwin-Williams Company (NYSE:SHW) by 13.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,514 shares of the specialty chemicals company’s stock after purchasing an additional 426 shares during the period. Savant Capital LLC’s holdings in Sherwin-Williams were worth $1,207,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Moors & Cabot Inc. grew its holdings in Sherwin-Williams by 0.4% during the 1st quarter. Moors & Cabot Inc. now owns 9,016 shares of the specialty chemicals company’s stock valued at $3,148,000 after buying an additional 39 shares in the last quarter. Johnson Investment Counsel Inc. boosted its position in shares of Sherwin-Williams by 95.8% in the second quarter. Johnson Investment Counsel Inc. now owns 78,144 shares of the specialty chemicals company’s stock valued at $26,832,000 after acquiring an additional 38,228 shares during the period. Ransom Advisory Ltd purchased a new position in Sherwin-Williams during the first quarter valued at approximately $515,000. Moody Lynn & Lieberson LLC grew its stake in Sherwin-Williams by 138.0% during the second quarter. Moody Lynn & Lieberson LLC now owns 20,402 shares of the specialty chemicals company’s stock valued at $7,005,000 after acquiring an additional 11,828 shares in the last quarter. Finally, Lindenwold Advisors INC bought a new stake in Sherwin-Williams during the 2nd quarter worth approximately $1,303,000. 77.67% of the stock is owned by institutional investors.

Sherwin-Williams Stock Performance

NYSE:SHW opened at $344.70 on Thursday. The company has a market capitalization of $85.45 billion, a price-to-earnings ratio of 33.63, a PEG ratio of 3.26 and a beta of 1.21. The business has a 50 day moving average of $344.46 and a 200 day moving average of $349.19. The company has a debt-to-equity ratio of 2.11, a current ratio of 0.82 and a quick ratio of 0.48. The Sherwin-Williams Company has a 1-year low of $308.84 and a 1-year high of $400.42.

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, sell-side analysts predict 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 will be paid on Friday, December 5th. Shareholders of record on Friday, November 14th will be given a dividend of $0.79 per share. This represents a $3.16 annualized dividend and a yield of 0.9%. The ex-dividend date is Friday, November 14th. Sherwin-Williams’s dividend payout ratio is presently 30.83%.

Insider Buying and Selling at Sherwin-Williams

In related news, insider Justin T. Binns sold 609 shares of the stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $368.82, for a total transaction of $224,611.38. Following the completion of the sale, the insider directly owned 17,922 shares in the company, valued at $6,609,992.04. This represents a 3.29% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.60% of the company’s stock.

Analyst Upgrades and Downgrades

SHW has been the subject of a number of recent analyst reports. BMO Capital Markets reduced their price target on shares of Sherwin-Williams from $405.00 to $391.00 and set an “outperform” rating for the company in a research report on Wednesday, July 23rd. Loop Capital reduced their target price on Sherwin-Williams from $395.00 to $380.00 and set a “buy” rating for the company in a research report on Wednesday, July 23rd. Royal Bank Of Canada set a $405.00 target price on Sherwin-Williams and gave the stock an “outperform” rating in a research note 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. Finally, Mizuho set a $400.00 price objective on Sherwin-Williams in a report on Wednesday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Sherwin-Williams currently has an average rating of “Moderate Buy” and an average price target 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.