The Sherwin-Williams Company $SHW Shares Sold by Resona Asset Management Co. Ltd.

Resona Asset Management Co. Ltd. trimmed its holdings in shares of The Sherwin-Williams Company (NYSE:SHW) by 4.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 78,506 shares of the specialty chemicals company’s stock after selling 3,234 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in Sherwin-Williams were worth $25,460,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Ares Financial Consulting LLC acquired a new position in shares of Sherwin-Williams during the 4th quarter worth about $27,000. Lodestone Wealth Management LLC acquired a new position in shares of Sherwin-Williams during the 4th quarter worth about $31,000. Rossby Financial LCC raised its position in shares of Sherwin-Williams by 96.0% during the 3rd quarter. Rossby Financial LCC now owns 98 shares of the specialty chemicals company’s stock worth $33,000 after purchasing an additional 48 shares during the last quarter. JPL Wealth Management LLC acquired a new position in shares of Sherwin-Williams during the 3rd quarter worth about $45,000. Finally, Networth Advisors LLC acquired a new position in shares of Sherwin-Williams during the 4th quarter worth about $58,000. 77.67% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently weighed in on SHW. Zacks Research upgraded shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. Weiss Ratings downgraded Sherwin-Williams from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, May 14th. Mizuho reduced their price objective on Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating for the company in a research note on Monday, March 23rd. UBS Group reduced their price objective on Sherwin-Williams from $420.00 to $380.00 and set a “buy” rating for the company in a research note on Thursday, April 2nd. Finally, Wells Fargo & Company reduced their price objective on Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 29th. Nine research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, Sherwin-Williams currently has a consensus rating of “Moderate Buy” and an average target price of $375.33.

Sherwin-Williams Stock Down 1.4%

SHW stock opened at $298.65 on Wednesday. The company has a market cap of $73.66 billion, a price-to-earnings ratio of 28.66, a PEG ratio of 2.62 and a beta of 1.16. 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 Sherwin-Williams Company has a 12 month low of $294.32 and a 12 month high of $379.65. The firm has a 50-day moving average of $321.85 and a two-hundred day moving average of $336.10.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings data 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. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The company had revenue of $5.67 billion during the quarter, compared to the consensus estimate of $5.56 billion. During the same quarter in the prior year, the firm earned $2.25 EPS. Sherwin-Williams’s quarterly 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. As a group, analysts forecast that The Sherwin-Williams Company will post 11.74 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

The business also recently announced 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 of this dividend is Friday, May 22nd. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.1%. Sherwin-Williams’s dividend payout ratio (DPR) is 30.71%.

Insider Activity

In other Sherwin-Williams news, SVP Bryan J. Young sold 2,513 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was 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 directly owned 10,045 shares of the company’s stock, valued at $3,661,101.15. This trade represents a 20.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.23% of the stock is owned by company 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.