Magnetar Financial LLC Has $4.73 Million Position in The Sherwin-Williams Company $SHW

Magnetar Financial LLC reduced its position in shares of The Sherwin-Williams Company (NYSE:SHW) by 10.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,599 shares of the specialty chemicals company’s stock after selling 1,627 shares during the period. Magnetar Financial LLC’s holdings in Sherwin-Williams were worth $4,731,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Lloyd Advisory Services LLC. acquired a new stake in Sherwin-Williams during the 4th quarter worth approximately $27,000. Ares Financial Consulting LLC bought a new position in Sherwin-Williams during the 4th quarter worth $27,000. Lodestone Wealth Management LLC bought a new position in Sherwin-Williams during the 4th quarter worth $31,000. Rossby Financial LCC increased its stake in 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 acquiring an additional 48 shares during the period. Finally, Meeder Asset Management Inc. bought a new position in Sherwin-Williams during the 4th quarter worth $33,000. 77.67% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

SHW has been the topic of a number of recent research reports. Berenberg Bank set a $380.00 price objective on Sherwin-Williams in a research note on Monday, June 8th. Evercore restated an “outperform” rating on shares of Sherwin-Williams in a research note on Friday, May 8th. Citigroup initiated coverage on Sherwin-Williams in a research note on Thursday, June 4th. They set a “buy” rating and a $355.00 price objective on the stock. Zacks Research upgraded Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. Finally, UBS Group lowered Sherwin-Williams from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $385.00 to $330.00 in a research note on Tuesday, June 2nd. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, Sherwin-Williams currently has an average rating of “Moderate Buy” and a consensus target price of $366.77.

Sherwin-Williams Trading Up 0.6%

Shares of SHW opened at $322.31 on Wednesday. The Sherwin-Williams Company has a 52-week low of $289.86 and a 52-week high of $379.65. The business’s fifty day moving average is $317.28 and its 200-day moving average is $331.76. 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 has a market cap of $79.49 billion, a price-to-earnings ratio of 30.93, a PEG ratio of 2.76 and a beta of 1.12.

Sherwin-Williams (NYSE:SHW) last issued its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.08. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.The company had revenue of $5.67 billion for the quarter, compared to analyst estimates of $5.56 billion. During the same quarter last year, the company posted $2.25 EPS. The company’s revenue for the quarter was up 6.9% compared to the same quarter last year. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Equities analysts anticipate that The Sherwin-Williams Company will post 11.77 EPS for the current fiscal year.

Sherwin-Williams Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 22nd were given a $0.80 dividend. The ex-dividend date was 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%.

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.