The Sherwin-Williams Company $SHW Shares Bought by Quadrant Capital Group LLC

Quadrant Capital Group LLC lifted its position in shares of The Sherwin-Williams Company (NYSE:SHW) by 29.2% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,035 shares of the specialty chemicals company’s stock after buying an additional 1,364 shares during the period. Quadrant Capital Group LLC’s holdings in Sherwin-Williams were worth $2,072,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in SHW. Brighton Jones LLC lifted its stake in shares of Sherwin-Williams by 73.6% in the 4th quarter. Brighton Jones LLC now owns 1,545 shares of the specialty chemicals company’s stock valued at $525,000 after purchasing an additional 655 shares in the last quarter. LPL Financial LLC raised its holdings in Sherwin-Williams by 8.7% in the first quarter. LPL Financial LLC now owns 217,958 shares of the specialty chemicals company’s stock valued at $75,731,000 after buying an additional 17,389 shares during the period. Norden Group LLC lifted its position in Sherwin-Williams by 6.4% during the first quarter. Norden Group LLC now owns 1,137 shares of the specialty chemicals company’s stock valued at $397,000 after buying an additional 68 shares in the last quarter. Foundations Investment Advisors LLC lifted its position in Sherwin-Williams by 4.9% during the first quarter. Foundations Investment Advisors LLC now owns 2,074 shares of the specialty chemicals company’s stock valued at $724,000 after buying an additional 97 shares in the last quarter. Finally, N.E.W. Advisory Services LLC purchased a new stake in Sherwin-Williams during the first quarter worth approximately $83,000. 77.67% of the stock is owned by hedge funds and other institutional investors.

Sherwin-Williams Price Performance

Shares of NYSE SHW opened at $343.48 on Friday. The company has a quick ratio of 0.48, a current ratio of 0.82 and a debt-to-equity ratio of 2.11. The Sherwin-Williams Company has a fifty-two week low of $308.84 and a fifty-two week high of $400.42. The business has a 50 day moving average price of $338.70 and a two-hundred day moving average price of $347.93. The firm has a market cap of $85.15 billion, a PE ratio of 33.51, a price-to-earnings-growth ratio of 3.26 and a beta of 1.21.

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

Sherwin-Williams Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 5th. Stockholders of record on Friday, November 14th will be paid a $0.79 dividend. This represents a $3.16 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Friday, November 14th. Sherwin-Williams’s dividend payout ratio is 30.83%.

Analysts Set New Price Targets

SHW has been the topic of a number of research reports. UBS Group reissued a “buy” rating and issued a $422.00 target price (up previously from $400.00) on shares of Sherwin-Williams in a research note on Wednesday, October 29th. Bank of America cut their price objective on Sherwin-Williams from $375.00 to $368.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 14th. Mizuho set a $400.00 price objective on Sherwin-Williams in a research note on Wednesday, October 29th. Wells Fargo & Company set a $410.00 target price on Sherwin-Williams and gave the stock an “overweight” rating in a research report on Wednesday, October 29th. Finally, Citigroup reiterated a “neutral” rating and set a $392.00 target price (up from $380.00) on shares of Sherwin-Williams in a report on Thursday, October 30th. One equities research 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’s stock. Based on data from MarketBeat, Sherwin-Williams currently has a consensus rating of “Moderate Buy” and an average price target of $390.87.

Sherwin-Williams 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.