ING Groep NV Has $24.57 Million Stock Position in The Sherwin-Williams Company $SHW

ING Groep NV grew its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 1,250.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 75,840 shares of the specialty chemicals company’s stock after purchasing an additional 70,225 shares during the period. ING Groep NV’s holdings in Sherwin-Williams were worth $24,574,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in SHW. Ares Financial Consulting LLC acquired a new position in shares of Sherwin-Williams during the fourth quarter valued at about $27,000. Lloyd Advisory Services LLC. acquired a new position in shares of Sherwin-Williams during the fourth quarter valued at about $27,000. Lodestone Wealth Management LLC acquired a new position in shares of Sherwin-Williams during the fourth quarter valued at about $31,000. Rossby Financial LCC raised its holdings in shares of Sherwin-Williams by 96.0% during the third quarter. Rossby Financial LCC now owns 98 shares of the specialty chemicals company’s stock valued at $33,000 after purchasing an additional 48 shares during the period. Finally, JPL Wealth Management LLC acquired a new position in shares of Sherwin-Williams during the third quarter valued at about $45,000. Institutional investors and hedge funds own 77.67% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on SHW shares. Royal Bank Of Canada dropped their price objective on shares of Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating on the stock in a report on Thursday, March 19th. BMO Capital Markets set a $355.00 target price on shares of Sherwin-Williams and gave the stock an “outperform” rating in a research report on Wednesday. Zacks Research raised shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. Citigroup began coverage on shares of Sherwin-Williams in a research report on Thursday. They set a “buy” rating and a $355.00 target price for the company. Finally, Mizuho decreased their target price on shares of Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating for the company in a research report on Monday, March 23rd. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $365.67.

Sherwin-Williams Trading Up 1.7%

NYSE:SHW opened at $305.21 on Friday. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.86 and a quick ratio of 0.53. The firm has a 50-day moving average of $318.13 and a 200-day moving average of $332.79. The company has a market cap of $75.28 billion, a PE ratio of 29.29, a PEG ratio of 2.64 and a beta of 1.12. The Sherwin-Williams Company has a one year low of $289.86 and a one year 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, topping the consensus estimate of $2.27 by $0.08. The company had revenue of $5.67 billion during the quarter, compared to the consensus estimate of $5.56 billion. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The firm’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same period in the previous year, the firm posted $2.25 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. As a group, equities research analysts expect that The Sherwin-Williams Company will post 11.74 EPS for the current fiscal year.

Sherwin-Williams Dividend Announcement

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

About Sherwin-Williams

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.