MPS Loria Financial Planners LLC Lowers Stock Holdings in The Sherwin-Williams Company $SHW

MPS Loria Financial Planners LLC lowered its stake in The Sherwin-Williams Company (NYSE:SHW) by 54.4% during the fourth quarter, HoldingsChannel reports. The firm owned 1,957 shares of the specialty chemicals company’s stock after selling 2,336 shares during the quarter. MPS Loria Financial Planners LLC’s holdings in Sherwin-Williams were worth $634,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently modified their holdings of SHW. Ares Financial Consulting LLC purchased a new position in Sherwin-Williams in the 4th quarter valued at $27,000. Lodestone Wealth Management LLC purchased a new position in Sherwin-Williams during the 4th quarter worth $31,000. Rossby Financial LCC lifted its stake in shares of Sherwin-Williams by 96.0% in 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. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of Sherwin-Williams in the 3rd quarter worth $42,000. Finally, Barnes Dennig Private Wealth Management LLC boosted its holdings in shares of Sherwin-Williams by 42.4% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 131 shares of the specialty chemicals company’s stock valued at $45,000 after acquiring an additional 39 shares in the last quarter. 77.67% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on SHW shares. JPMorgan Chase & Co. dropped 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 note on Wednesday, April 29th. Mizuho reduced their price objective on shares of Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating for the company in a research report on Monday, March 23rd. Citigroup lowered their price objective on Sherwin-Williams from $410.00 to $385.00 and set a “buy” rating on the stock in a report on Wednesday, April 1st. Weiss Ratings upgraded Sherwin-Williams from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, April 29th. Finally, Evercore set a $390.00 target price on Sherwin-Williams in a research note on Wednesday, April 29th. Ten investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Sherwin-Williams has a consensus rating of “Moderate Buy” and a consensus target price of $375.33.

Sherwin-Williams Stock Down 1.0%

Shares of NYSE SHW opened at $320.31 on Friday. The stock has a market capitalization of $79.00 billion, a price-to-earnings ratio of 30.74, a price-to-earnings-growth ratio of 2.80 and a beta of 1.16. The Sherwin-Williams Company has a 52 week low of $301.58 and a 52 week high of $379.65. The firm has a 50-day moving average price of $328.62 and a 200 day moving average price of $337.83. 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 issued its earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share 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 company had revenue of $5.67 billion for the quarter, compared to analyst estimates of $5.56 billion. During the same period in the prior year, the business posted $2.25 earnings per share. The firm’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 research analysts anticipate that The Sherwin-Williams Company will post 11.74 EPS for the current fiscal year.

Sherwin-Williams Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 22nd will be paid a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Friday, May 22nd. Sherwin-Williams’s dividend payout ratio (DPR) is presently 30.71%.

Insiders Place Their Bets

In related news, SVP Bryan J. Young sold 2,513 shares of Sherwin-Williams stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $364.47, for a total transaction of $915,913.11. Following the completion of the transaction, the senior vice president directly owned 10,045 shares of the company’s stock, valued at approximately $3,661,101.15. The trade was a 20.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 0.23% of the stock is owned by insiders.

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.