Crestwood Advisors Group LLC Sells 4,400 Shares of The Sherwin-Williams Company $SHW

Crestwood Advisors Group LLC decreased its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 5.4% in the 4th quarter, Holdings Channel reports. The fund owned 77,153 shares of the specialty chemicals company’s stock after selling 4,400 shares during the quarter. Crestwood Advisors Group LLC’s holdings in Sherwin-Williams were worth $25,000,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Nordea Investment Management AB grew its position in Sherwin-Williams by 16.1% in the third quarter. Nordea Investment Management AB now owns 125,914 shares of the specialty chemicals company’s stock valued at $43,536,000 after purchasing an additional 17,422 shares in the last quarter. Wealthfront Advisers LLC grew its position in Sherwin-Williams by 26.1% in the third quarter. Wealthfront Advisers LLC now owns 30,927 shares of the specialty chemicals company’s stock valued at $10,709,000 after purchasing an additional 6,408 shares in the last quarter. Mairs & Power Inc. grew its position in Sherwin-Williams by 0.7% in the third quarter. Mairs & Power Inc. now owns 464,043 shares of the specialty chemicals company’s stock valued at $160,680,000 after purchasing an additional 3,430 shares in the last quarter. Inscription Capital LLC bought a new position in Sherwin-Williams in the third quarter valued at $1,069,000. Finally, Westview Management dba Westview Investment Advisors bought a new position in Sherwin-Williams in the fourth quarter valued at $2,655,000. Institutional investors own 77.67% of the company’s stock.

Sherwin-Williams Stock Performance

Shares of SHW stock opened at $320.31 on Friday. The stock has a market cap of $79.00 billion, a P/E ratio of 30.74, a P/E/G ratio of 2.80 and a beta of 1.16. 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 company has a fifty day moving average price of $328.62 and a two-hundred day moving average price of $337.83. The Sherwin-Williams Company has a one year low of $301.58 and a one year high of $379.65.

Sherwin-Williams (NYSE:SHW) last announced its quarterly 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. The firm had revenue of $5.67 billion during the quarter, compared to analysts’ expectations of $5.56 billion. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The company’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter last year, the company posted $2.25 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. As a group, equities analysts predict that The Sherwin-Williams Company will post 11.74 EPS for the current year.

Sherwin-Williams Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 22nd will be paid a $0.80 dividend. The ex-dividend date is Friday, May 22nd. This represents a $3.20 dividend on an annualized basis and a yield of 1.0%. Sherwin-Williams’s dividend payout ratio (DPR) is currently 30.71%.

Analyst Upgrades and Downgrades

SHW has been the subject of a number of analyst reports. Zacks Research raised shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. Evercore set a $390.00 target price on shares of Sherwin-Williams in a research report on Wednesday, April 29th. Wells Fargo & Company decreased their target price on shares of Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft downgraded shares of Sherwin-Williams from a “buy” rating to a “hold” rating and set a $380.00 target price for the company. in a research report on Thursday, January 22nd. Finally, UBS Group decreased their target price on shares of Sherwin-Williams from $420.00 to $380.00 and set a “buy” rating for the company in a research report on Thursday, April 2nd. Ten analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $375.33.

Insider Buying and Selling

In other Sherwin-Williams news, SVP Bryan J. Young sold 2,513 shares of the stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $364.47, for a total value of $915,913.11. Following the completion of the sale, the senior vice president owned 10,045 shares in the company, valued at $3,661,101.15. This trade represents a 20.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.23% of the stock is currently owned by corporate insiders.

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.