MUFG Securities EMEA plc Purchases 5,013 Shares of The Sherwin-Williams Company $SHW

MUFG Securities EMEA plc boosted its position in The Sherwin-Williams Company (NYSE:SHW) by 113.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,451 shares of the specialty chemicals company’s stock after acquiring an additional 5,013 shares during the quarter. MUFG Securities EMEA plc’s holdings in Sherwin-Williams were worth $3,062,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Forsta AP Fonden grew its stake in shares of Sherwin-Williams by 4.9% during the fourth quarter. Forsta AP Fonden now owns 97,380 shares of the specialty chemicals company’s stock worth $31,554,000 after buying an additional 4,580 shares during the last quarter. Norges Bank bought a new stake in Sherwin-Williams during the fourth quarter valued at $1,089,450,000. Eurizon SLJ Capital Ltd bought a new stake in Sherwin-Williams during the fourth quarter valued at $376,000. Eurizon Capital SGR S.p.A. acquired a new position in shares of Sherwin-Williams during the fourth quarter valued at about $47,785,000. Finally, Fideuram Asset Management Ireland dac acquired a new position in Sherwin-Williams during the 4th quarter worth approximately $2,496,000. Institutional investors own 77.67% of the company’s stock.

Sherwin-Williams Stock Performance

NYSE SHW opened at $295.02 on Tuesday. The company has a market capitalization of $72.76 billion, a P/E ratio of 28.31, a P/E/G ratio of 2.63 and a beta of 1.16. The company has a fifty day moving average of $319.29 and a 200-day moving average of $333.87. The Sherwin-Williams Company has a 52-week low of $292.39 and a 52-week high of $379.65. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.53 and a current ratio of 0.86.

Sherwin-Williams (NYSE:SHW) last issued its earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 EPS for the quarter, topping analysts’ consensus estimates of $2.27 by $0.08. The company 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 quarter last year, the company earned $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. As a group, equities research analysts predict that The Sherwin-Williams Company will post 11.74 EPS for the current fiscal year.

Sherwin-Williams Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 22nd will be given a $0.80 dividend. The ex-dividend date is Friday, May 22nd. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.1%. Sherwin-Williams’s payout ratio is presently 30.71%.

Analysts Set New Price Targets

Several brokerages have issued reports on SHW. Wells Fargo & Company cut their price target on Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 29th. Zacks Research upgraded shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. Mizuho decreased 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 note on Monday, March 23rd. Royal Bank Of Canada decreased their price target on shares of Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating for the company in a research note on Thursday, March 19th. Finally, UBS Group downgraded shares of Sherwin-Williams from a “buy” rating to a “neutral” rating and set a $330.00 price objective for the company. in a report on Tuesday. Eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $371.17.

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.