Marble Wealth LLC acquired a new position in The Sherwin-Williams Company (NYSE:SHW – Free Report) in the fourth quarter, HoldingsChannel reports. The fund acquired 1,801 shares of the specialty chemicals company’s stock, valued at approximately $583,000.
Other large investors have also added to or reduced their stakes in the company. Wealthfront Advisers LLC raised its holdings in Sherwin-Williams by 26.1% in the third quarter. Wealthfront Advisers LLC now owns 30,927 shares of the specialty chemicals company’s stock worth $10,709,000 after purchasing an additional 6,408 shares in the last quarter. Mairs & Power Inc. raised its holdings in Sherwin-Williams by 0.7% in the third quarter. Mairs & Power Inc. now owns 464,043 shares of the specialty chemicals company’s stock worth $160,680,000 after purchasing an additional 3,430 shares in the last quarter. Fideuram Asset Management Ireland dac bought a new position in Sherwin-Williams in the fourth quarter worth about $2,496,000. Westview Management dba Westview Investment Advisors bought a new position in Sherwin-Williams in the fourth quarter worth about $2,655,000. Finally, Willis Investment Counsel bought a new position in Sherwin-Williams in the third quarter worth about $7,766,000. 77.67% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
SHW has been the subject of a number of recent research reports. Wells Fargo & Company reduced their target price on shares of Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating for the company in a report on Wednesday, April 29th. JPMorgan Chase & Co. cut their price objective on shares of Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. Mizuho cut their price objective on shares of Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating on the stock in a report on Monday, March 23rd. Evercore restated an “outperform” rating on shares of Sherwin-Williams in a report on Friday, May 8th. Finally, Royal Bank Of Canada cut their price objective on shares of Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating on the stock in a report on Thursday, March 19th. Eight analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $368.17.
Sherwin-Williams Stock Performance
SHW opened at $296.55 on Thursday. The Sherwin-Williams Company has a 52-week low of $289.86 and a 52-week high of $379.65. The company has a quick ratio of 0.53, a current ratio of 0.86 and a debt-to-equity ratio of 2.10. The company has a market cap of $73.14 billion, a P/E ratio of 28.46, a price-to-earnings-growth ratio of 2.53 and a beta of 1.12. The firm’s 50-day moving average price is $318.72 and its 200-day moving average price is $333.20.
Sherwin-Williams (NYSE:SHW – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.08. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The firm had revenue of $5.67 billion for the quarter, compared to the consensus estimate of $5.56 billion. During the same quarter in the prior year, the company posted $2.25 earnings per share. The company’s revenue for the quarter was up 6.9% compared to the same quarter last year. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. As a group, equities analysts anticipate that The Sherwin-Williams Company will post 11.74 EPS for the current fiscal year.
Sherwin-Williams Dividend Announcement
The company 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. The ex-dividend date is Friday, May 22nd. This represents a $3.20 dividend on an annualized basis and a yield of 1.1%. Sherwin-Williams’s dividend payout ratio is currently 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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