The Sherwin-Williams Company $SHW Shares Acquired by Prestige Wealth Management Group LLC

Prestige Wealth Management Group LLC lifted its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 366.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,397 shares of the specialty chemicals company’s stock after purchasing an additional 3,455 shares during the period. Prestige Wealth Management Group LLC’s holdings in Sherwin-Williams were worth $1,425,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Lloyd Advisory Services LLC. bought a new position in shares of Sherwin-Williams during the fourth quarter worth about $27,000. Ares Financial Consulting LLC bought a new position in shares of Sherwin-Williams during the fourth quarter worth about $27,000. Lodestone Wealth Management LLC bought a new position in shares of Sherwin-Williams during the fourth quarter worth about $31,000. Rossby Financial LCC lifted its position in shares of Sherwin-Williams by 96.0% during the third 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. Finally, JPL Wealth Management LLC bought a new position in shares of Sherwin-Williams during the third quarter worth about $45,000. Institutional investors own 77.67% of the company’s stock.

Sherwin-Williams Price Performance

SHW opened at $300.24 on Friday. The firm has a market cap of $74.05 billion, a price-to-earnings ratio of 28.81, a price-to-earnings-growth ratio of 2.56 and a beta of 1.12. The Sherwin-Williams Company has a fifty-two week low of $289.86 and a fifty-two week high of $379.65. The company’s 50-day moving average price is $318.45 and its 200 day moving average price is $332.98. The company has a quick ratio of 0.53, a current ratio of 0.86 and a debt-to-equity ratio of 2.10.

Sherwin-Williams (NYSE:SHW) last posted its earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 EPS for the quarter, topping 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 analysts’ expectations 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, sell-side analysts expect that The Sherwin-Williams Company will post 11.74 earnings per share for the current year.

Sherwin-Williams Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on SHW shares. Wells Fargo & Company reduced their price target on shares of Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 29th. JPMorgan Chase & Co. reduced their price target on shares of Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 29th. UBS Group cut shares of Sherwin-Williams from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $385.00 to $330.00 in a research report on Tuesday. Mizuho reduced their price target on shares of Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating on the stock in a research report on Monday, March 23rd. Finally, Evercore reiterated an “outperform” rating on shares of Sherwin-Williams in a research note on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $365.67.

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.