The Sherwin-Williams Company $SHW Shares Sold by Cullen Frost Bankers Inc.

Cullen Frost Bankers Inc. cut its position in shares of The Sherwin-Williams Company (NYSE:SHW) by 2.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 79,161 shares of the specialty chemicals company’s stock after selling 2,026 shares during the period. Cullen Frost Bankers Inc.’s holdings in Sherwin-Williams were worth $25,651,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in Sherwin-Williams by 2.7% during the fourth quarter. Vanguard Group Inc. now owns 23,237,824 shares of the specialty chemicals company’s stock worth $7,529,752,000 after acquiring an additional 600,119 shares during the last quarter. Capital Research Global Investors grew its stake in shares of Sherwin-Williams by 0.3% in the third quarter. Capital Research Global Investors now owns 3,432,977 shares of the specialty chemicals company’s stock valued at $1,188,698,000 after buying an additional 11,560 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Sherwin-Williams by 0.4% in the third quarter. JPMorgan Chase & Co. now owns 3,052,021 shares of the specialty chemicals company’s stock valued at $1,056,811,000 after buying an additional 12,715 shares in the last quarter. Viking Global Investors LP grew its stake in shares of Sherwin-Williams by 47.2% in the third quarter. Viking Global Investors LP now owns 2,881,091 shares of the specialty chemicals company’s stock valued at $997,607,000 after buying an additional 923,341 shares in the last quarter. Finally, Capital International Investors grew its stake in shares of Sherwin-Williams by 2.0% in the third quarter. Capital International Investors now owns 2,675,299 shares of the specialty chemicals company’s stock valued at $926,249,000 after buying an additional 52,322 shares in the last quarter. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, SVP Bryan J. Young sold 2,513 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $364.47, for a total value of $915,913.11. Following the sale, the senior vice president directly owned 10,045 shares in the company, valued at $3,661,101.15. This trade represents a 20.01% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.23% of the stock is currently owned by corporate insiders.

Sherwin-Williams Stock Down 1.4%

Shares of Sherwin-Williams stock opened at $298.65 on Wednesday. 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 business’s 50 day simple moving average is $321.85 and its 200-day simple moving average is $336.10. The stock has a market capitalization of $73.66 billion, a price-to-earnings ratio of 28.66, a PEG ratio of 2.62 and a beta of 1.16. The Sherwin-Williams Company has a twelve month low of $294.32 and a twelve month high of $379.65.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share for the quarter, topping analysts’ consensus estimates 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 return on equity of 64.55% and a net margin of 10.86%.The business’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the firm earned $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Equities research analysts forecast that The Sherwin-Williams Company will post 11.74 earnings per share for the current year.

Sherwin-Williams Dividend Announcement

The firm also recently announced 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 1.1%. The ex-dividend date is Friday, May 22nd. Sherwin-Williams’s dividend payout ratio (DPR) is currently 30.71%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on SHW shares. Deutsche Bank Aktiengesellschaft lowered Sherwin-Williams from a “buy” rating to a “hold” rating and set a $380.00 target price for the company. in a research note on Thursday, January 22nd. JPMorgan Chase & Co. lowered their target price on Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. Mizuho reduced their price target on Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating for the company in a report on Monday, March 23rd. Citigroup reduced their price target on Sherwin-Williams from $410.00 to $385.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. Finally, Bank of America reduced their price target on Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating for the company in a report on Tuesday, April 21st. Nine investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, Sherwin-Williams currently has an average rating of “Moderate Buy” and an average target price of $375.33.

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.