UniSuper Management Pty Ltd raised its position in The Sherwin-Williams Company (NYSE:SHW – Free Report) by 3.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 197,328 shares of the specialty chemicals company’s stock after acquiring an additional 7,195 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Sherwin-Williams were worth $63,940,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. Ares Financial Consulting LLC acquired a new stake in Sherwin-Williams in the fourth quarter valued at approximately $27,000. Lloyd Advisory Services LLC. acquired a new stake in Sherwin-Williams in the fourth quarter valued at approximately $27,000. Lodestone Wealth Management LLC acquired a new stake in Sherwin-Williams in the fourth quarter valued at approximately $31,000. Rossby Financial LCC grew its position in Sherwin-Williams by 96.0% in the third quarter. Rossby Financial LCC now owns 98 shares of the specialty chemicals company’s stock valued at $33,000 after acquiring an additional 48 shares in the last quarter. Finally, Meeder Asset Management Inc. purchased a new position in shares of Sherwin-Williams during the 4th quarter valued at approximately $33,000. Institutional investors and hedge funds own 77.67% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on SHW shares. JPMorgan Chase & Co. decreased their price target on shares of Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. Wells Fargo & Company decreased their price target on shares of Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 29th. Weiss Ratings downgraded shares of Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, June 2nd. Berenberg Bank set a $380.00 price target on shares of Sherwin-Williams in a research report on Monday. Finally, BMO Capital Markets set a $355.00 price target on shares of Sherwin-Williams and gave the stock an “outperform” rating in a research report on Wednesday, June 3rd. One research 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 stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $366.77.
Sherwin-Williams Stock Up 4.2%
SHW stock opened at $316.79 on Friday. The Sherwin-Williams Company has a twelve month low of $289.86 and a twelve month high of $379.65. 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 company has a market capitalization of $78.13 billion, a P/E ratio of 30.40, a PEG ratio of 2.62 and a beta of 1.12. The firm has a 50 day simple moving average of $317.31 and a 200-day simple moving average of $332.21.
Sherwin-Williams (NYSE:SHW – Get Free Report) 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. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.The firm had revenue of $5.67 billion for the quarter, compared to analysts’ expectations of $5.56 billion. During the same period last year, the business posted $2.25 earnings per share. The firm’s revenue for the quarter was up 6.9% on a year-over-year basis. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. On average, equities research analysts predict that The Sherwin-Williams Company will post 11.78 earnings per share for the current fiscal year.
Sherwin-Williams Announces Dividend
The company also recently disclosed 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 1.0%. Sherwin-Williams’s dividend payout ratio (DPR) is 30.71%.
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.
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