Capital Analysts LLC Increases Stock Holdings in The Sherwin-Williams Company $SHW

Capital Analysts LLC increased its holdings in The Sherwin-Williams Company (NYSE:SHW) by 8.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,952 shares of the specialty chemicals company’s stock after acquiring an additional 827 shares during the quarter. Capital Analysts LLC’s holdings in Sherwin-Williams were worth $3,825,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Perkins Coie Trust Co purchased a new stake in Sherwin-Williams in the first quarter worth $27,000. Park Square Financial Group LLC purchased a new stake in Sherwin-Williams in the fourth quarter worth $27,000. Synergy Investment Management LLC lifted its stake in Sherwin-Williams by 583.3% in the first quarter. Synergy Investment Management LLC now owns 82 shares of the specialty chemicals company’s stock worth $29,000 after acquiring an additional 70 shares during the period. Barnes Dennig Private Wealth Management LLC purchased a new stake in Sherwin-Williams in the first quarter worth $30,000. Finally, HWG Holdings LP purchased a new stake in Sherwin-Williams in the first quarter worth $46,000. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Sherwin-Williams Price Performance

SHW opened at $366.9450 on Thursday. The stock has a 50-day moving average price of $346.35 and a 200-day moving average price of $348.06. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.78 and a quick ratio of 0.48. The firm has a market cap of $91.49 billion, a PE ratio of 36.40, a P/E/G ratio of 3.06 and a beta of 1.16. The Sherwin-Williams Company has a 1 year low of $308.84 and a 1 year high of $400.42.

Sherwin-Williams (NYSE:SHW) last posted its quarterly earnings results on Tuesday, July 22nd. The specialty chemicals company reported $3.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.76 by ($0.38). The company had revenue of $6.31 billion during the quarter, compared to analysts’ expectations of $6.31 billion. Sherwin-Williams had a return on equity of 66.91% and a net margin of 11.03%.Sherwin-Williams’s revenue for the quarter was up .6% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.70 EPS. Sherwin-Williams has set its FY 2025 guidance at 11.200-11.500 EPS. Sell-side analysts predict that The Sherwin-Williams Company will post 12 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 5th. Investors of record on Friday, August 15th will be issued a $0.79 dividend. This represents a $3.16 annualized dividend and a yield of 0.9%. The ex-dividend date is Friday, August 15th. Sherwin-Williams’s dividend payout ratio (DPR) is presently 31.35%.

Analysts Set New Price Targets

SHW has been the subject of several recent research reports. Wells Fargo & Company lowered their price objective on Sherwin-Williams from $420.00 to $400.00 and set an “overweight” rating for the company in a research report on Wednesday, July 23rd. Mizuho lowered their price objective on Sherwin-Williams from $400.00 to $385.00 and set an “outperform” rating for the company in a research report on Wednesday, July 23rd. Citigroup lowered their price objective on Sherwin-Williams from $385.00 to $375.00 and set a “neutral” rating for the company in a research report on Wednesday, July 23rd. Royal Bank Of Canada raised their price objective on Sherwin-Williams from $410.00 to $420.00 and gave the company an “outperform” rating in a research report on Thursday, May 1st. Finally, BMO Capital Markets lowered their price objective on Sherwin-Williams from $405.00 to $391.00 and set an “outperform” rating for the company in a research report on Wednesday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Sherwin-Williams has an average rating of “Moderate Buy” and a consensus price target of $388.60.

Insider Buying and Selling

In other news, CAO James P. Lang sold 860 shares of the firm’s stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $350.35, for a total transaction of $301,301.00. Following the sale, the chief accounting officer owned 377 shares of the company’s stock, valued at $132,081.95. This trade represents a 69.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.60% of the company’s stock.

About Sherwin-Williams

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.