Stokes Capital Advisors LLC Decreases Holdings in The Sherwin-Williams Company $SHW

Stokes Capital Advisors LLC reduced its stake in The Sherwin-Williams Company (NYSE:SHW) by 7.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,033 shares of the specialty chemicals company’s stock after selling 1,995 shares during the period. Sherwin-Williams makes up about 1.7% of Stokes Capital Advisors LLC’s investment portfolio, making the stock its 29th biggest holding. Stokes Capital Advisors LLC’s holdings in Sherwin-Williams were worth $7,704,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Ares Financial Consulting LLC purchased a new position in Sherwin-Williams in the 4th quarter worth approximately $27,000. Lloyd Advisory Services LLC. purchased a new stake in shares of Sherwin-Williams during the fourth quarter valued at approximately $27,000. Kemnay Advisory Services Inc. acquired a new position in shares of Sherwin-Williams during the fourth quarter worth $30,000. Lodestone Wealth Management LLC acquired a new position in shares of Sherwin-Williams during the fourth quarter worth $31,000. Finally, Meeder Asset Management Inc. purchased a new position in shares of Sherwin-Williams in the fourth quarter valued at $33,000. Institutional investors and hedge funds own 77.67% of the company’s stock.

Sherwin-Williams Trading Up 1.8%

SHW opened at $339.10 on Friday. The stock has a market capitalization of $83.64 billion, a PE ratio of 32.54, a P/E/G ratio of 2.88 and a beta of 1.12. The firm’s fifty day moving average price is $316.55 and its 200 day moving average price is $331.02. 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 12-month low of $289.86 and a 12-month high of $379.65.

Sherwin-Williams (NYSE:SHW) last announced 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. The company had revenue of $5.67 billion during the quarter, compared to analyst estimates of $5.56 billion. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The firm’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period last year, the business earned $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. As a group, research analysts expect that The Sherwin-Williams Company will post 11.77 EPS for the current fiscal year.

Sherwin-Williams Dividend Announcement

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

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Evercore reaffirmed an “outperform” rating on shares of Sherwin-Williams in a report on Friday, May 8th. Weiss Ratings cut shares of Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, June 2nd. Citigroup assumed coverage on Sherwin-Williams in a research note on Wednesday. They set an “overweight” rating for the company. Wells Fargo & Company cut their price target 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. Finally, Royal Bank Of Canada reduced their price target on Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating for the company in a report on Thursday, March 19th. Eight equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $368.69.

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.