Phoenix Financial Ltd. Has $1.28 Million Position in The Sherwin-Williams Company $SHW

Phoenix Financial Ltd. grew its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 85.2% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 3,942 shares of the specialty chemicals company’s stock after buying an additional 1,814 shares during the period. Phoenix Financial Ltd.’s holdings in Sherwin-Williams were worth $1,277,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Thrivent Financial for Lutherans increased its stake in Sherwin-Williams by 40.1% in the fourth quarter. Thrivent Financial for Lutherans now owns 30,475 shares of the specialty chemicals company’s stock valued at $9,901,000 after acquiring an additional 8,715 shares during the period. Arbejdsmarkedets Tillaegspension bought a new stake in Sherwin-Williams in the fourth quarter valued at about $23,468,000. New York Life Investment Management LLC increased its stake in Sherwin-Williams by 1.5% in the fourth quarter. New York Life Investment Management LLC now owns 34,570 shares of the specialty chemicals company’s stock valued at $11,202,000 after acquiring an additional 496 shares during the period. Pinnacle Associates Ltd. increased its stake in Sherwin-Williams by 8.3% in the fourth quarter. Pinnacle Associates Ltd. now owns 7,122 shares of the specialty chemicals company’s stock valued at $2,308,000 after acquiring an additional 545 shares during the period. Finally, SFE Investment Counsel increased its stake in Sherwin-Williams by 47.1% in the fourth quarter. SFE Investment Counsel now owns 2,788 shares of the specialty chemicals company’s stock valued at $903,000 after acquiring an additional 893 shares during the period. Institutional investors and hedge funds own 77.67% of the company’s stock.

Sherwin-Williams Price Performance

Shares of Sherwin-Williams stock opened at $300.43 on Friday. The company has a current ratio of 0.86, a quick ratio of 0.53 and a debt-to-equity ratio of 2.10. The stock has a market capitalization of $74.10 billion, a price-to-earnings ratio of 28.83, a P/E/G ratio of 2.67 and a beta of 1.16. The Sherwin-Williams Company has a 1-year low of $300.05 and a 1-year high of $379.65. The firm’s 50-day moving average price is $323.12 and its two-hundred day moving average price is $336.79.

Sherwin-Williams (NYSE:SHW) last issued its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share for the quarter, topping the consensus estimate of $2.27 by $0.08. The firm had revenue of $5.67 billion for 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 quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.25 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. On average, equities analysts predict that The Sherwin-Williams Company will post 11.74 earnings per share for the current fiscal year.

Sherwin-Williams Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 22nd will be paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Friday, May 22nd. Sherwin-Williams’s dividend payout ratio is currently 30.71%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on SHW. Bank of America lowered their target price on shares of Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 21st. Mizuho lowered their target price on shares of Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating on the stock in a research note on Monday, March 23rd. Weiss Ratings cut shares of Sherwin-Williams from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday. Evercore reissued an “outperform” rating on shares of Sherwin-Williams in a research note on Friday, May 8th. Finally, Zacks Research raised shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. Nine investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, Sherwin-Williams has a consensus rating of “Moderate Buy” and an average target price of $375.33.

Insiders Place Their Bets

In other Sherwin-Williams news, SVP Bryan J. Young sold 2,513 shares of the company’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $364.47, for a total transaction of $915,913.11. Following the sale, the senior vice president directly owned 10,045 shares of the company’s stock, valued at approximately $3,661,101.15. This represents a 20.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.23% of the company’s stock.

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.