MASTERINVEST Kapitalanlage GmbH Buys Shares of 8,240 The Sherwin-Williams Company $SHW

MASTERINVEST Kapitalanlage GmbH bought a new position in shares of The Sherwin-Williams Company (NYSE:SHW) in the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 8,240 shares of the specialty chemicals company’s stock, valued at approximately $2,829,000.

A number of other institutional investors and hedge funds also recently modified their holdings of SHW. Richard W. Paul & Associates LLC boosted its stake in Sherwin-Williams by 1.6% during the 2nd quarter. Richard W. Paul & Associates LLC now owns 1,885 shares of the specialty chemicals company’s stock worth $647,000 after acquiring an additional 30 shares during the last quarter. Valley Brook Capital Group Inc. raised its holdings in Sherwin-Williams by 2.4% in the second quarter. Valley Brook Capital Group Inc. now owns 1,311 shares of the specialty chemicals company’s stock worth $450,000 after purchasing an additional 31 shares during the period. 17 Capital Partners LLC boosted its position in shares of Sherwin-Williams by 0.9% during the second quarter. 17 Capital Partners LLC now owns 3,340 shares of the specialty chemicals company’s stock worth $1,147,000 after purchasing an additional 31 shares in the last quarter. Jessup Wealth Management Inc boosted its position in shares of Sherwin-Williams by 1.4% during the second quarter. Jessup Wealth Management Inc now owns 2,341 shares of the specialty chemicals company’s stock worth $804,000 after purchasing an additional 32 shares in the last quarter. Finally, Cary Street Partners Investment Advisory LLC grew its holdings in shares of Sherwin-Williams by 1.9% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 1,680 shares of the specialty chemicals company’s stock valued at $577,000 after buying an additional 32 shares during the period. 77.67% of the stock is owned by institutional investors.

Sherwin-Williams Stock Down 0.2%

Shares of Sherwin-Williams stock opened at $328.64 on Friday. The firm has a market cap of $81.47 billion, a PE ratio of 32.06, a P/E/G ratio of 3.88 and a beta of 1.24. The business’s 50 day simple moving average is $336.28 and its 200 day simple moving average is $346.04. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.52 and a current ratio of 0.82. The Sherwin-Williams Company has a 52-week low of $308.84 and a 52-week high of $379.65.

Sherwin-Williams (NYSE:SHW) last issued its quarterly earnings results on Tuesday, October 28th. The specialty chemicals company reported $3.59 earnings per share for the quarter, topping the consensus estimate of $3.44 by $0.15. Sherwin-Williams had a net margin of 11.05% and a return on equity of 66.75%. The company had revenue of $6.36 billion during the quarter, compared to analysts’ expectations of $6.21 billion. During the same period last year, the business earned $3.37 EPS. The business’s quarterly revenue was up 3.2% on a year-over-year basis. Sherwin-Williams has set its FY 2025 guidance at 11.250-11.450 EPS. On average, analysts predict that The Sherwin-Williams Company will post 12 earnings per share for the current fiscal year.

Sherwin-Williams Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 5th. Shareholders of record on Friday, November 14th were paid a $0.79 dividend. This represents a $3.16 annualized dividend and a yield of 1.0%. The ex-dividend date was Friday, November 14th. Sherwin-Williams’s payout ratio is presently 30.83%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Evercore ISI raised their price objective on Sherwin-Williams from $380.00 to $400.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 26th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sherwin-Williams in a report on Monday, December 8th. Royal Bank Of Canada set a $405.00 price objective on Sherwin-Williams and gave the company an “outperform” rating in a research report on Wednesday, October 29th. Wells Fargo & Company set a $410.00 target price on shares of Sherwin-Williams and gave the stock an “overweight” rating in a report on Wednesday, October 29th. Finally, Bank of America cut their price target on shares of Sherwin-Williams from $375.00 to $368.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $390.87.

Sherwin-Williams Company Profile

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.