The Sherwin-Williams Company $SHW Position Increased by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC boosted its position in shares of The Sherwin-Williams Company (NYSE:SHW) by 97.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,060 shares of the specialty chemicals company’s stock after purchasing an additional 4,470 shares during the period. Elevation Point Wealth Partners LLC’s holdings in Sherwin-Williams were worth $2,904,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SHW. Ares Financial Consulting LLC purchased a new stake in shares of Sherwin-Williams during the 4th quarter worth about $27,000. Lloyd Advisory Services LLC. bought a new stake in shares of Sherwin-Williams in the 4th quarter valued at approximately $27,000. Kemnay Advisory Services Inc. bought a new stake in shares of Sherwin-Williams in the 4th quarter valued at approximately $30,000. Lodestone Wealth Management LLC acquired a new position in Sherwin-Williams in the fourth quarter worth approximately $31,000. Finally, Meeder Asset Management Inc. acquired a new position in Sherwin-Williams in the fourth quarter worth approximately $33,000. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Sherwin-Williams Stock Down 0.2%

Sherwin-Williams stock opened at $351.72 on Friday. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.86 and a quick ratio of 0.53. The Sherwin-Williams Company has a fifty-two week low of $289.86 and a fifty-two week high of $379.65. The firm has a fifty day moving average price of $317.77 and a two-hundred day moving average price of $331.84. The firm has a market cap of $86.75 billion, a price-to-earnings ratio of 33.75, a P/E/G ratio of 3.04 and a beta of 1.10.

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. The company had revenue of $5.67 billion for the quarter, compared to the consensus estimate of $5.56 billion. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.The firm’s revenue was up 6.9% compared to the same quarter last year. During the same period last year, the business posted $2.25 earnings per share. 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 11.77 earnings per share for the current year.

Sherwin-Williams Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 22nd were paid a dividend of $0.80 per share. The ex-dividend date was Friday, May 22nd. This represents a $3.20 annualized dividend and a yield of 0.9%. Sherwin-Williams’s dividend payout ratio is presently 30.71%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on SHW. Evercore reaffirmed an “outperform” rating on shares of Sherwin-Williams in a research report on Friday, May 8th. UBS Group downgraded shares of Sherwin-Williams from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $385.00 to $330.00 in a research report on Tuesday, June 2nd. Zacks Research upgraded shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. Citigroup initiated coverage on shares of Sherwin-Williams in a report on Wednesday, June 24th. They set an “overweight” rating on the stock. Finally, Wells Fargo & Company reduced their price objective on shares of 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. Eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $368.69.

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.