The Sherwin-Williams Company $SHW Stock Holdings Increased by CenterBook Partners LP

CenterBook Partners LP increased its position in shares of The Sherwin-Williams Company (NYSE:SHW) by 228.2% during the fourth quarter, Holdings Channel reports. The fund owned 23,267 shares of the specialty chemicals company’s stock after acquiring an additional 16,178 shares during the quarter. CenterBook Partners LP’s holdings in Sherwin-Williams were worth $7,539,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in SHW. Brighton Jones LLC raised its holdings in shares of Sherwin-Williams by 73.6% during the fourth quarter. Brighton Jones LLC now owns 1,545 shares of the specialty chemicals company’s stock valued at $525,000 after acquiring an additional 655 shares during the period. Empowered Funds LLC raised its holdings in shares of Sherwin-Williams by 11.2% during the first quarter. Empowered Funds LLC now owns 6,236 shares of the specialty chemicals company’s stock valued at $2,178,000 after acquiring an additional 626 shares during the period. Jump Financial LLC acquired a new stake in shares of Sherwin-Williams during the second quarter valued at approximately $1,210,000. Sei Investments Co. raised its holdings in shares of Sherwin-Williams by 43.6% during the second quarter. Sei Investments Co. now owns 196,915 shares of the specialty chemicals company’s stock valued at $67,612,000 after acquiring an additional 59,831 shares during the period. Finally, Glenview Trust co raised its holdings in shares of Sherwin-Williams by 4.8% during the second quarter. Glenview Trust co now owns 3,249 shares of the specialty chemicals company’s stock valued at $1,116,000 after acquiring an additional 148 shares during the period. Institutional investors and hedge funds own 77.67% of the company’s stock.

Analyst Ratings Changes

SHW has been the topic of a number of recent analyst reports. UBS Group lowered shares of Sherwin-Williams from a “buy” rating to a “neutral” rating and cut their price target for the company from $385.00 to $330.00 in a report on Tuesday, June 2nd. Royal Bank Of Canada cut their price target on shares of Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating on the stock in a report on Thursday, March 19th. Evercore reaffirmed an “outperform” rating on shares of Sherwin-Williams in a research report on Friday, May 8th. Wells Fargo & Company dropped their price objective on shares of Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 29th. Finally, BMO Capital Markets set a $355.00 price objective on shares of Sherwin-Williams and gave the company an “outperform” rating in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $365.67.

Sherwin-Williams Stock Down 0.0%

Sherwin-Williams stock opened at $305.21 on Monday. The firm has a market cap of $75.28 billion, a PE ratio of 29.29, a P/E/G ratio of 2.64 and a beta of 1.12. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.53 and a current ratio of 0.86. The firm’s 50 day moving average price is $318.13 and its two-hundred day moving average price is $332.83. The Sherwin-Williams Company has a twelve month low of $289.86 and a twelve month high of $379.65.

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

Sherwin-Williams Announces Dividend

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

Sherwin-Williams Company 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.