Strs Ohio Sells 20,199 Shares of The Sherwin-Williams Company $SHW

Strs Ohio lowered its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 20.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 81,037 shares of the specialty chemicals company’s stock after selling 20,199 shares during the period. Strs Ohio’s holdings in Sherwin-Williams were worth $26,258,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. Ares Financial Consulting LLC bought a new position in Sherwin-Williams during the fourth quarter valued at about $27,000. Lodestone Wealth Management LLC bought a new position in Sherwin-Williams during the fourth quarter worth about $31,000. Rossby Financial LCC boosted its position in Sherwin-Williams by 96.0% during 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 period. True Wealth Design LLC boosted its position in Sherwin-Williams by 129.8% during the third quarter. True Wealth Design LLC now owns 108 shares of the specialty chemicals company’s stock worth $37,000 after purchasing an additional 61 shares during the period. Finally, Steigerwald Gordon & Koch Inc. bought a new position in Sherwin-Williams during the third quarter worth about $42,000. Institutional investors own 77.67% of the company’s stock.

Insider Transactions at Sherwin-Williams

In other news, insider Colin M. Davie sold 2,976 shares of the stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $359.50, for a total value of $1,069,872.00. Following the sale, the insider directly owned 5,365 shares of the company’s stock, valued at approximately $1,928,717.50. This represents a 35.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Bryan J. Young sold 2,513 shares of the stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $364.47, for a total transaction of $915,913.11. Following the completion of the sale, the senior vice president directly owned 10,045 shares in the company, valued at approximately $3,661,101.15. The trade was a 20.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.23% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Wells Fargo & Company cut 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 research report on Wednesday. UBS Group cut their target price on shares of Sherwin-Williams from $420.00 to $380.00 and set a “buy” rating for the company in a research report on Thursday, April 2nd. Vertical Research upgraded shares of Sherwin-Williams from a “hold” rating to a “buy” rating and set a $371.00 target price for the company in a research report on Wednesday, January 7th. Deutsche Bank Aktiengesellschaft lowered shares of Sherwin-Williams from a “buy” rating to a “hold” rating and set a $380.00 target price for the company. in a research report on Thursday, January 22nd. Finally, Citigroup cut their target price on shares of Sherwin-Williams from $410.00 to $385.00 and set a “buy” rating for the company in a research report on Wednesday, April 1st. Ten equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Sherwin-Williams has an average rating of “Moderate Buy” and a consensus price target of $375.33.

Sherwin-Williams Trading Down 1.1%

Shares of Sherwin-Williams stock opened at $318.05 on Friday. The Sherwin-Williams Company has a 12-month low of $301.58 and a 12-month high of $379.65. The company has a market cap of $78.44 billion, a price-to-earnings ratio of 30.52, a PEG ratio of 2.80 and a beta of 1.16. 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’s 50-day moving average price is $331.28 and its 200-day moving average price is $338.08.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to the consensus estimate of $5.56 billion. During the same period in the prior year, the firm posted $2.25 earnings per share. The company’s revenue for the quarter 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, equities analysts expect that The Sherwin-Williams Company will post 11.74 earnings per share for the current fiscal year.

Sherwin-Williams Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 22nd will be issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Friday, May 22nd. Sherwin-Williams’s dividend payout ratio is presently 30.71%.

Sherwin-Williams Company 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.