Lombard Odier Asset Management Switzerland SA Takes Position in The Sherwin-Williams Company $SHW

Lombard Odier Asset Management Switzerland SA purchased a new position in shares of The Sherwin-Williams Company (NYSE:SHW) during the fourth quarter, Holdings Channel reports. The firm purchased 18,767 shares of the specialty chemicals company’s stock, valued at approximately $6,081,000.

Several other institutional investors also recently added to or reduced their stakes in SHW. Lloyd Advisory Services LLC. acquired a new stake in shares of Sherwin-Williams in the fourth quarter valued at approximately $27,000. Ares Financial Consulting LLC acquired a new position in shares of Sherwin-Williams in the 4th quarter valued at $27,000. Kemnay Advisory Services Inc. purchased a new stake in Sherwin-Williams in the 4th quarter valued at $30,000. Lodestone Wealth Management LLC purchased a new stake in Sherwin-Williams in the 4th quarter valued at $31,000. Finally, Rossby Financial LCC boosted its stake in Sherwin-Williams by 96.0% during the 3rd 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 period. Institutional investors and hedge funds own 77.67% of the company’s stock.

Sherwin-Williams Stock Up 0.6%

Shares of NYSE:SHW opened at $322.31 on Wednesday. The Sherwin-Williams Company has a fifty-two week low of $289.86 and a fifty-two 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 firm’s 50-day simple moving average is $317.28 and its 200-day simple moving average is $331.76. The company has a market cap of $79.49 billion, a price-to-earnings ratio of 30.93, a PEG ratio of 2.76 and a beta of 1.12.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share 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 company had revenue of $5.67 billion for the quarter, compared to analyst estimates of $5.56 billion. During the same quarter in the previous year, the company earned $2.25 EPS. The firm’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 research analysts predict that The Sherwin-Williams Company will post 11.77 earnings per share for the current year.

Sherwin-Williams Dividend Announcement

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

Wall Street Analysts Forecast Growth

SHW has been the topic of several research reports. Berenberg Bank set a $380.00 price objective on shares of Sherwin-Williams in a research report on Monday, June 8th. JPMorgan Chase & Co. decreased their target price on shares of Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. Mizuho dropped their price target on Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating on the stock in a research report on Monday, March 23rd. Weiss Ratings downgraded Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 2nd. Finally, UBS Group cut Sherwin-Williams from a “buy” rating to a “neutral” rating and decreased 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 issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $366.77.

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.