The Sherwin-Williams Company $SHW Shares Bought by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. grew its holdings in shares of The Sherwin-Williams Company (NYSE:SHW) by 5.3% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 125,383 shares of the specialty chemicals company’s stock after acquiring an additional 6,309 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Sherwin-Williams were worth $40,628,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. TD Asset Management Inc boosted its position in Sherwin-Williams by 10.3% during the 4th quarter. TD Asset Management Inc now owns 213,036 shares of the specialty chemicals company’s stock worth $69,030,000 after acquiring an additional 19,870 shares during the period. Nvest Financial LLC boosted its position in Sherwin-Williams by 29.0% during the 4th quarter. Nvest Financial LLC now owns 6,261 shares of the specialty chemicals company’s stock worth $2,029,000 after acquiring an additional 1,409 shares during the period. CIBC Asset Management Inc boosted its position in Sherwin-Williams by 61.0% during the 4th quarter. CIBC Asset Management Inc now owns 54,796 shares of the specialty chemicals company’s stock worth $17,756,000 after acquiring an additional 20,764 shares during the period. Marble Wealth LLC acquired a new position in Sherwin-Williams during the 4th quarter worth $583,000. Finally, Bank of New York Mellon Corp boosted its position in Sherwin-Williams by 9.2% during the 4th quarter. Bank of New York Mellon Corp now owns 1,643,547 shares of the specialty chemicals company’s stock worth $532,559,000 after acquiring an additional 138,623 shares during the period. Institutional investors and hedge funds own 77.67% of the company’s stock.

Sherwin-Williams Stock Up 1.3%

NYSE:SHW opened at $300.24 on Friday. The firm has a market capitalization of $74.05 billion, a price-to-earnings ratio of 28.81, a PEG ratio of 2.56 and a beta of 1.12. The Sherwin-Williams Company has a 1-year low of $289.86 and a 1-year high of $379.65. 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 business’s fifty day moving average price is $318.45 and its 200 day moving average price is $332.98.

Sherwin-Williams (NYSE:SHW) last posted its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.08. The firm had revenue of $5.67 billion for the quarter, compared to analyst estimates of $5.56 billion. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.Sherwin-Williams’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the firm earned $2.25 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. On average, sell-side analysts forecast 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 announced a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 22nd will be paid a $0.80 dividend. The ex-dividend date is Friday, May 22nd. This represents a $3.20 dividend on an annualized basis and a yield of 1.1%. Sherwin-Williams’s payout ratio is 30.71%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on SHW. Citigroup began coverage on Sherwin-Williams in a research note on Thursday. They issued a “buy” rating and a $355.00 price objective on the stock. Evercore reissued an “outperform” rating on shares of Sherwin-Williams in a research note on Friday, May 8th. Mizuho dropped their price objective on Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating on the stock in a research note on Monday, March 23rd. Bank of America dropped their price objective on Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 21st. Finally, BMO Capital Markets set a $355.00 price objective on Sherwin-Williams and gave the stock an “outperform” rating in a research note on Wednesday. Eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $365.67.

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.