Signal Advisors Wealth LLC Decreases Stake in The Sherwin-Williams Company $SHW

Signal Advisors Wealth LLC cut its holdings in shares of The Sherwin-Williams Company (NYSE:SHW) by 80.2% during the first quarter, HoldingsChannel.com reports. The fund owned 1,610 shares of the specialty chemicals company’s stock after selling 6,530 shares during the period. Signal Advisors Wealth LLC’s holdings in Sherwin-Williams were worth $516,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of SHW. CoreCap Advisors LLC lifted its stake in Sherwin-Williams by 0.6% in the 4th quarter. CoreCap Advisors LLC now owns 5,102 shares of the specialty chemicals company’s stock worth $1,653,000 after purchasing an additional 29 shares in the last quarter. Sowell Financial Services LLC grew its position in shares of Sherwin-Williams by 2.8% in the fourth quarter. Sowell Financial Services LLC now owns 1,057 shares of the specialty chemicals company’s stock valued at $343,000 after purchasing an additional 29 shares in the last quarter. Mather Group LLC. grew its position in shares of Sherwin-Williams by 1.4% in the fourth quarter. Mather Group LLC. now owns 2,118 shares of the specialty chemicals company’s stock valued at $686,000 after purchasing an additional 30 shares in the last quarter. Sapient Capital LLC increased its holdings in shares of Sherwin-Williams by 0.3% in the fourth quarter. Sapient Capital LLC now owns 9,176 shares of the specialty chemicals company’s stock valued at $2,993,000 after purchasing an additional 30 shares during the last quarter. Finally, Deseret Mutual Benefit Administrators increased its holdings in shares of Sherwin-Williams by 6.2% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 527 shares of the specialty chemicals company’s stock valued at $171,000 after purchasing an additional 31 shares during the last quarter. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on SHW shares. Evercore reissued an “outperform” rating on shares of Sherwin-Williams in a research note on Friday, May 8th. Mizuho cut their target price on Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating for the company in a research note on Monday, March 23rd. Berenberg Bank set a $380.00 price target on shares of Sherwin-Williams in a research report on Monday, June 8th. JPMorgan Chase & Co. lowered their price target on shares of Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 29th. Finally, Citigroup started coverage on shares of Sherwin-Williams in a research report on Wednesday. They set an “overweight” rating for the company. Eight analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Sherwin-Williams has a consensus rating of “Moderate Buy” and a consensus target price of $368.69.

Sherwin-Williams Trading Up 3.2%

Shares of Sherwin-Williams stock opened at $333.09 on Thursday. The stock has a 50 day moving average of $316.44 and a 200 day moving average of $330.98. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.53 and a current ratio of 0.86. The firm has a market capitalization of $82.15 billion, a price-to-earnings ratio of 31.97, a PEG ratio of 2.79 and a beta of 1.12. The Sherwin-Williams Company has a fifty-two week low of $289.86 and a fifty-two week high of $379.65.

Sherwin-Williams (NYSE:SHW) last posted its earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 EPS for the quarter, beating analysts’ consensus estimates of $2.27 by $0.08. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.The company had revenue of $5.67 billion for the quarter, compared to the consensus estimate of $5.56 billion. During the same quarter in the previous year, the business earned $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. As a group, research analysts predict that The Sherwin-Williams Company will post 11.77 earnings per share for the current year.

Sherwin-Williams Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 22nd were issued a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.0%. The ex-dividend date was Friday, May 22nd. Sherwin-Williams’s payout ratio is 30.71%.

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.