Universal Beteiligungs und Servicegesellschaft mbH Sells 5,303 Shares of The Sherwin-Williams Company $SHW

Universal Beteiligungs und Servicegesellschaft mbH cut its position in The Sherwin-Williams Company (NYSE:SHW) by 1.4% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 374,462 shares of the specialty chemicals company’s stock after selling 5,303 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Sherwin-Williams were worth $128,575,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in SHW. Brighton Jones LLC grew its position in Sherwin-Williams by 73.6% during the fourth quarter. Brighton Jones LLC now owns 1,545 shares of the specialty chemicals company’s stock worth $525,000 after buying an additional 655 shares in the last quarter. Larson Financial Group LLC boosted its position in shares of Sherwin-Williams by 35.7% during the 1st quarter. Larson Financial Group LLC now owns 913 shares of the specialty chemicals company’s stock valued at $319,000 after acquiring an additional 240 shares during the last quarter. Diversify Advisory Services LLC boosted its position in shares of Sherwin-Williams by 77.5% during the 1st quarter. Diversify Advisory Services LLC now owns 1,280 shares of the specialty chemicals company’s stock valued at $446,000 after acquiring an additional 559 shares during the last quarter. Kestra Private Wealth Services LLC grew its holdings in shares of Sherwin-Williams by 3.4% during the first quarter. Kestra Private Wealth Services LLC now owns 10,703 shares of the specialty chemicals company’s stock worth $3,737,000 after purchasing an additional 348 shares in the last quarter. Finally, Copperwynd Financial LLC raised its stake in Sherwin-Williams by 7.8% in the first quarter. Copperwynd Financial LLC now owns 2,954 shares of the specialty chemicals company’s stock valued at $1,031,000 after purchasing an additional 214 shares in the last quarter. 77.67% of the stock is currently owned by hedge funds and other institutional investors.

Sherwin-Williams Trading Down 2.0%

NYSE SHW opened at $332.11 on Friday. The firm has a market cap of $82.33 billion, a PE ratio of 32.40, a price-to-earnings-growth ratio of 3.26 and a beta of 1.21. The Sherwin-Williams Company has a 1-year low of $308.84 and a 1-year high of $400.42. The stock has a 50-day moving average of $343.11 and a 200-day moving average of $349.13. The company has a current ratio of 0.82, a quick ratio of 0.48 and a debt-to-equity ratio of 2.11.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings results on Tuesday, October 28th. The specialty chemicals company reported $3.59 EPS for the quarter, topping analysts’ consensus estimates of $3.44 by $0.15. The business had revenue of $6.36 billion for 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 quarterly revenue was up 3.2% on a year-over-year basis. During the same period in the previous year, the firm earned $3.37 EPS. Sherwin-Williams has set its FY 2025 guidance at 11.250-11.450 EPS. As a group, sell-side analysts forecast that The Sherwin-Williams Company will post 12 EPS for the current year.

Sherwin-Williams Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 5th. Investors of record on Friday, November 14th will be issued a dividend of $0.79 per share. This represents a $3.16 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Friday, November 14th. Sherwin-Williams’s dividend payout ratio is currently 30.83%.

Wall Street Analyst Weigh In

SHW has been the subject of a number of research reports. Loop Capital cut their price target on shares of Sherwin-Williams from $395.00 to $380.00 and set a “buy” rating for the company in a research note on Wednesday, July 23rd. Evercore ISI upped their target price on shares of Sherwin-Williams from $380.00 to $400.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 26th. Royal Bank Of Canada set a $405.00 price target on Sherwin-Williams and gave the company an “outperform” rating in a research 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 note on Tuesday, October 14th. Finally, UBS Group reiterated a “buy” rating and set a $422.00 price objective (up from $400.00) on shares of Sherwin-Williams in a research report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, Sherwin-Williams presently has an average rating of “Moderate Buy” and a consensus price target of $390.87.

Insiders Place Their Bets

In other Sherwin-Williams news, insider Justin T. Binns sold 609 shares of the firm’s stock in a transaction on Monday, August 25th. The shares were sold at an average price of $368.82, for a total value of $224,611.38. Following the sale, the insider owned 17,922 shares of the company’s stock, valued at $6,609,992.04. This trade represents a 3.29% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.60% of the stock is owned by insiders.

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.