Bluegrass Capital Partners LP Sells 4,500 Shares of The Sherwin-Williams Company $SHW

Bluegrass Capital Partners LP lessened its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 60.0% during the 4th quarter, HoldingsChannel reports. The firm owned 3,000 shares of the specialty chemicals company’s stock after selling 4,500 shares during the quarter. Sherwin-Williams comprises 0.6% of Bluegrass Capital Partners LP’s holdings, making the stock its 10th biggest position. Bluegrass Capital Partners LP’s holdings in Sherwin-Williams were worth $972,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ares Financial Consulting LLC acquired a new position in Sherwin-Williams during the fourth quarter valued at approximately $27,000. Lodestone Wealth Management LLC acquired a new position in Sherwin-Williams during the fourth quarter valued at approximately $31,000. Rossby Financial LCC grew its holdings in Sherwin-Williams by 96.0% during the third quarter. Rossby Financial LCC now owns 98 shares of the specialty chemicals company’s stock valued at $33,000 after purchasing an additional 48 shares during the last quarter. JPL Wealth Management LLC acquired a new position in Sherwin-Williams during the third quarter valued at approximately $45,000. Finally, Networth Advisors LLC acquired a new position in Sherwin-Williams during the fourth quarter valued at approximately $58,000. Institutional investors and hedge funds own 77.67% of the company’s stock.

Insiders Place Their Bets

In other Sherwin-Williams news, SVP Bryan J. Young sold 2,513 shares of Sherwin-Williams stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $364.47, for a total transaction of $915,913.11. Following the sale, the senior vice president owned 10,045 shares in the company, valued at $3,661,101.15. The trade was a 20.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.23% of the stock is owned by corporate insiders.

Sherwin-Williams Trading Up 0.1%

Shares of Sherwin-Williams stock opened at $309.71 on Friday. The company’s fifty day simple moving average is $320.65 and its 200-day simple moving average is $335.39. The company has a market cap of $76.39 billion, a price-to-earnings ratio of 29.72, a PEG ratio of 2.68 and a beta of 1.16. The company has a current ratio of 0.86, a quick ratio of 0.53 and a debt-to-equity ratio of 2.10. The Sherwin-Williams Company has a 1 year low of $294.32 and a 1 year high of $379.65.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.27 by $0.08. The business had revenue of $5.67 billion for the quarter, compared to the consensus estimate of $5.56 billion. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. Sherwin-Williams’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter last year, the company posted $2.25 earnings per share. 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 EPS for the current year.

Sherwin-Williams Dividend Announcement

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

Analyst Upgrades and Downgrades

Several brokerages have commented on SHW. Bank of America lowered their price target on Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating on the stock in a report on Tuesday, April 21st. UBS Group lowered their price target on Sherwin-Williams from $420.00 to $380.00 and set a “buy” rating on the stock in a report on Thursday, April 2nd. Royal Bank Of Canada lowered their price target on Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating on the stock in a report on Thursday, March 19th. JPMorgan Chase & Co. lowered their price objective 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. Finally, Weiss Ratings downgraded shares of Sherwin-Williams from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, May 14th. Nine research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Sherwin-Williams currently has a consensus rating of “Moderate Buy” and a consensus target price of $375.33.

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.