Marsico Capital Management LLC Reduces Stock Position in The Sherwin-Williams Company $SHW

Marsico Capital Management LLC cut its holdings in shares of The Sherwin-Williams Company (NYSE:SHW) by 69.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 34,558 shares of the specialty chemicals company’s stock after selling 80,109 shares during the quarter. Marsico Capital Management LLC’s holdings in Sherwin-Williams were worth $11,198,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Fideuram Asset Management Ireland dac purchased a new stake in Sherwin-Williams during the 4th quarter worth approximately $2,496,000. Wealthfront Advisers LLC grew its position in shares of Sherwin-Williams by 26.1% in the 3rd quarter. Wealthfront Advisers LLC now owns 30,927 shares of the specialty chemicals company’s stock worth $10,709,000 after acquiring an additional 6,408 shares in the last quarter. Mairs & Power Inc. boosted its position in Sherwin-Williams by 0.7% during the 3rd quarter. Mairs & Power Inc. now owns 464,043 shares of the specialty chemicals company’s stock valued at $160,680,000 after purchasing an additional 3,430 shares during the period. Westview Management dba Westview Investment Advisors acquired a new position in Sherwin-Williams during the 4th quarter valued at approximately $2,655,000. Finally, Calamos Advisors LLC raised its stake in Sherwin-Williams by 5.4% during the 4th quarter. Calamos Advisors LLC now owns 180,602 shares of the specialty chemicals company’s stock valued at $58,520,000 after acquiring an additional 9,196 shares in the last quarter. 77.67% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have weighed in on SHW. UBS Group downgraded Sherwin-Williams from a “buy” rating to a “neutral” rating and cut their target price for the company from $385.00 to $330.00 in a research note on Tuesday, June 2nd. JPMorgan Chase & Co. cut their target price on Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 29th. Citigroup began coverage on Sherwin-Williams in a research report on Thursday, June 4th. They set a “buy” rating and a $355.00 target price on the stock. Zacks Research raised Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. Finally, Bank of America cut their target price on Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, Sherwin-Williams has an average rating of “Moderate Buy” and an average target price of $366.77.

Sherwin-Williams Stock Performance

Shares of SHW stock opened at $316.79 on Friday. The stock’s fifty day simple moving average is $317.31 and its 200-day simple moving average is $332.21. 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 Sherwin-Williams Company has a 1-year low of $289.86 and a 1-year high of $379.65. The company has a market capitalization of $78.13 billion, a price-to-earnings ratio of 30.40, a P/E/G ratio of 2.62 and a beta of 1.12.

Sherwin-Williams (NYSE:SHW) last issued its earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 EPS for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $5.56 billion. During the same quarter in the previous year, the company posted $2.25 earnings per share. The business’s quarterly revenue 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. On average, sell-side analysts predict that The Sherwin-Williams Company will post 11.78 earnings per share for the current fiscal year.

Sherwin-Williams Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Friday, May 22nd. Sherwin-Williams’s dividend payout ratio is 30.71%.

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.