Bristol Gate Capital Partners Inc. Sells 2,964 Shares of The Sherwin-Williams Company $SHW

Bristol Gate Capital Partners Inc. lessened its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 1.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 223,462 shares of the specialty chemicals company’s stock after selling 2,964 shares during the period. Sherwin-Williams makes up approximately 4.2% of Bristol Gate Capital Partners Inc.’s portfolio, making the stock its 18th biggest position. Bristol Gate Capital Partners Inc.’s holdings in Sherwin-Williams were worth $72,409,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Ares Financial Consulting LLC bought a new stake in shares of Sherwin-Williams in the fourth quarter worth $27,000. Lloyd Advisory Services LLC. bought a new stake in shares of Sherwin-Williams in the fourth quarter worth $27,000. Lodestone Wealth Management LLC bought a new stake in shares of Sherwin-Williams in the fourth quarter worth $31,000. Rossby Financial LCC grew its stake in shares of Sherwin-Williams by 96.0% in the third quarter. Rossby Financial LCC now owns 98 shares of the specialty chemicals company’s stock worth $33,000 after purchasing an additional 48 shares during the last quarter. Finally, JPL Wealth Management LLC bought a new stake in shares of Sherwin-Williams in the third quarter worth $45,000. Institutional investors own 77.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on SHW shares. Evercore reissued an “outperform” rating on shares of Sherwin-Williams in a research note on Friday, May 8th. Royal Bank Of Canada reduced their price objective on shares of Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating on the stock in a research note on Thursday, March 19th. UBS Group reduced their price objective on shares of Sherwin-Williams from $420.00 to $380.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. Weiss Ratings cut shares of Sherwin-Williams from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, May 14th. Finally, Mizuho reduced their price objective on shares of Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating on the stock in a research note on Monday, March 23rd. Nine analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, Sherwin-Williams has a consensus rating of “Moderate Buy” and a consensus price target of $375.33.

Sherwin-Williams Price Performance

SHW stock opened at $309.71 on Friday. The firm has a market cap of $76.39 billion, a price-to-earnings ratio of 29.72, a PEG ratio of 2.68 and a beta of 1.16. 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 Sherwin-Williams Company has a 12-month low of $294.32 and a 12-month high of $379.65. The company’s fifty day simple moving average is $320.65 and its 200 day simple moving average is $335.39.

Sherwin-Williams (NYSE:SHW) last released its earnings results 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. The business had revenue of $5.67 billion for the quarter, compared to analyst estimates of $5.56 billion. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. Sherwin-Williams’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.25 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. On average, analysts expect that The Sherwin-Williams Company will post 11.74 earnings per share for the current 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 issued a $0.80 dividend. The ex-dividend date is Friday, May 22nd. This represents a $3.20 annualized dividend and a yield of 1.0%. Sherwin-Williams’s payout ratio is presently 30.71%.

Insider Transactions at Sherwin-Williams

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

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.