Northwestern Mutual Wealth Management Co. Sells 129,137 Shares of The Sherwin-Williams Company $SHW

Northwestern Mutual Wealth Management Co. cut its holdings in The Sherwin-Williams Company (NYSE:SHW) by 95.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,206 shares of the specialty chemicals company’s stock after selling 129,137 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Sherwin-Williams were worth $2,011,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ares Financial Consulting LLC bought a new position in Sherwin-Williams in the fourth quarter valued at approximately $27,000. Lodestone Wealth Management LLC bought a new position in shares of Sherwin-Williams during the fourth quarter worth $31,000. Rossby Financial LCC boosted its position in shares of Sherwin-Williams by 96.0% during the third quarter. Rossby Financial LCC now owns 98 shares of the specialty chemicals company’s stock worth $33,000 after purchasing an additional 48 shares in the last quarter. JPL Wealth Management LLC bought a new position in shares of Sherwin-Williams during the third quarter worth $45,000. Finally, Networth Advisors LLC bought a new position in shares of Sherwin-Williams during the fourth quarter worth $58,000. 77.67% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

SHW has been the topic of a number of recent analyst reports. Evercore reissued an “outperform” rating on shares of Sherwin-Williams in a research report on Friday, May 8th. Citigroup reduced their price target on shares of Sherwin-Williams from $410.00 to $385.00 and set a “buy” rating on the stock in a research report on Wednesday, April 1st. Weiss Ratings cut shares of Sherwin-Williams from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, May 14th. Zacks Research raised shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. Finally, Mizuho reduced their price target on shares of Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating on the stock in a research report on Monday, March 23rd. Nine investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $375.33.

Sherwin-Williams Trading Up 0.8%

SHW opened at $311.41 on Wednesday. The stock has a market capitalization of $76.81 billion, a P/E ratio of 29.89, a P/E/G ratio of 2.67 and a beta of 1.16. The Sherwin-Williams Company has a 12 month low of $294.32 and a 12 month high of $379.65. The firm’s fifty day simple moving average is $320.32 and its 200 day simple moving average is $334.90. The company has a current ratio of 0.86, a quick ratio of 0.53 and a debt-to-equity ratio of 2.10.

Sherwin-Williams (NYSE:SHW) last posted its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 EPS for the quarter, beating the consensus estimate of $2.27 by $0.08. The business had revenue of $5.67 billion for the quarter, compared to analysts’ expectations of $5.56 billion. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The firm’s revenue was up 6.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. As a group, research analysts anticipate that The Sherwin-Williams Company will post 11.74 EPS for the current fiscal year.

Sherwin-Williams Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 22nd will be given 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 payout ratio is currently 30.71%.

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.