Locust Wood Capital Advisers LLC Purchases 131,994 Shares of The Sherwin-Williams Company $SHW

Locust Wood Capital Advisers LLC boosted its stake in The Sherwin-Williams Company (NYSE:SHW) by 95.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 269,595 shares of the specialty chemicals company’s stock after purchasing an additional 131,994 shares during the period. Sherwin-Williams comprises approximately 2.1% of Locust Wood Capital Advisers LLC’s investment portfolio, making the stock its 22nd biggest position. Locust Wood Capital Advisers LLC owned approximately 0.11% of Sherwin-Williams worth $87,357,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of SHW. Ares Financial Consulting LLC acquired a new stake in Sherwin-Williams in the fourth quarter valued at $27,000. Lloyd Advisory Services LLC. acquired a new stake in Sherwin-Williams in the fourth quarter valued at $27,000. Lodestone Wealth Management LLC acquired a new stake in Sherwin-Williams in the fourth quarter valued at $31,000. Rossby Financial LCC increased its holdings in Sherwin-Williams by 96.0% in the third quarter. Rossby Financial LCC now owns 98 shares of the specialty chemicals company’s stock valued at $33,000 after purchasing an additional 48 shares during the period. Finally, JPL Wealth Management LLC acquired a new stake in Sherwin-Williams in the third quarter valued at $45,000. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Sherwin-Williams Stock Performance

SHW stock opened at $305.21 on Monday. The stock has a 50-day moving average price of $318.13 and a 200-day moving average price of $332.83. The Sherwin-Williams Company has a 1-year low of $289.86 and a 1-year high of $379.65. 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 firm has a market cap of $75.28 billion, a PE ratio of 29.29, a price-to-earnings-growth ratio of 2.64 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 the consensus estimate of $2.27 by $0.08. The company had revenue of $5.67 billion during the quarter, compared to the consensus estimate of $5.56 billion. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.The firm’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period last year, the business posted $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. As a group, equities research 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 was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were paid a $0.80 dividend. The ex-dividend date was Friday, May 22nd. This represents a $3.20 annualized dividend and a dividend yield of 1.0%. Sherwin-Williams’s dividend payout ratio (DPR) is currently 30.71%.

Wall Street Analysts Forecast Growth

SHW has been the subject of a number of recent research reports. Weiss Ratings downgraded Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 2nd. Bank of America decreased their price objective on Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating for the company in a report on Tuesday, April 21st. Mizuho decreased their price objective on Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating for the company in a report on Monday, March 23rd. JPMorgan Chase & Co. lowered their price objective on Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. Finally, UBS Group lowered Sherwin-Williams from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $385.00 to $330.00 in a research report on Tuesday, June 2nd. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Sherwin-Williams has a consensus rating of “Moderate Buy” and an average target price of $365.67.

Sherwin-Williams 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.