Winning Points Advisors LLC bought a new position in The Sherwin-Williams Company (NYSE:SHW – Free Report) during the 4th quarter, Holdings Channel reports. The fund bought 4,800 shares of the specialty chemicals company’s stock, valued at approximately $1,555,000. Sherwin-Williams accounts for about 1.5% of Winning Points Advisors LLC’s holdings, making the stock its 13th largest position.
Other large investors also recently modified their holdings of the company. Brighton Jones LLC lifted its holdings in Sherwin-Williams by 73.6% in 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 during the period. Empowered Funds LLC lifted its holdings in Sherwin-Williams by 11.2% in the first quarter. Empowered Funds LLC now owns 6,236 shares of the specialty chemicals company’s stock worth $2,178,000 after buying an additional 626 shares during the period. Jump Financial LLC purchased a new stake in Sherwin-Williams in the second quarter worth about $1,210,000. Sei Investments Co. lifted its holdings in Sherwin-Williams by 43.6% in the second quarter. Sei Investments Co. now owns 196,915 shares of the specialty chemicals company’s stock worth $67,612,000 after buying an additional 59,831 shares during the period. Finally, Glenview Trust co lifted its holdings in Sherwin-Williams by 4.8% in the second quarter. Glenview Trust co now owns 3,249 shares of the specialty chemicals company’s stock worth $1,116,000 after buying an additional 148 shares during the period. 77.67% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several analysts have commented on the stock. UBS Group lowered shares of Sherwin-Williams from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $385.00 to $330.00 in a report on Tuesday, June 2nd. Mizuho lowered their price objective on shares of Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating for the company in a report on Monday, March 23rd. Berenberg Bank set a $380.00 price objective on shares of Sherwin-Williams in a report on Monday. Weiss Ratings lowered shares of Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 2nd. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $366.77.
Sherwin-Williams Price Performance
SHW stock opened at $316.79 on Friday. The firm has a 50 day moving average price of $317.31 and a 200-day moving average price of $332.21. The Sherwin-Williams Company has a 52-week low of $289.86 and a 52-week high of $379.65. The firm has a market capitalization of $78.13 billion, a price-to-earnings ratio of 30.40, a PEG ratio of 2.62 and a beta of 1.12. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.53 and a current ratio of 0.86.
Sherwin-Williams (NYSE:SHW – Get Free Report) last released its earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.08. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The firm had revenue of $5.67 billion during the quarter, compared to analyst estimates of $5.56 billion. During the same period last year, the business earned $2.25 earnings per share. The business’s revenue was up 6.9% on a year-over-year basis. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Equities research analysts forecast that The Sherwin-Williams Company will post 11.78 EPS for the current fiscal year.
Sherwin-Williams Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Friday, May 22nd. Sherwin-Williams’s dividend payout ratio (DPR) is presently 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.
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