OMERS ADMINISTRATION Corp Grows Stock Holdings in The Sherwin-Williams Company $SHW

OMERS ADMINISTRATION Corp lifted its holdings in The Sherwin-Williams Company (NYSE:SHW) by 21.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,360 shares of the specialty chemicals company’s stock after acquiring an additional 3,291 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Sherwin-Williams were worth $5,885,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in SHW. Fideuram Asset Management Ireland dac acquired a new stake in shares of Sherwin-Williams during the 4th quarter worth approximately $2,496,000. Calamos Advisors LLC lifted its stake in shares of Sherwin-Williams by 5.4% in the 4th quarter. Calamos Advisors LLC now owns 180,602 shares of the specialty chemicals company’s stock valued at $58,520,000 after purchasing an additional 9,196 shares during the period. Kinsale Capital Group Inc. acquired a new position in shares of Sherwin-Williams in the 4th quarter valued at $4,805,000. Addenda Capital Inc. boosted its holdings in Sherwin-Williams by 148.6% during the fourth quarter. Addenda Capital Inc. now owns 26,254 shares of the specialty chemicals company’s stock worth $8,507,000 after buying an additional 15,693 shares in the last quarter. Finally, Vanguard Group Inc. grew its position in Sherwin-Williams by 2.7% during the fourth quarter. Vanguard Group Inc. now owns 23,237,824 shares of the specialty chemicals company’s stock valued at $7,529,752,000 after buying an additional 600,119 shares during the period. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Analyst Upgrades and Downgrades

SHW has been the subject of a number of recent analyst reports. Citigroup initiated coverage on shares of Sherwin-Williams in a report on Wednesday, June 24th. They issued an “overweight” rating for the company. Evercore reissued an “outperform” rating on shares of Sherwin-Williams in a research note on Friday, May 8th. Bank of America dropped 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. Zacks Research raised Sherwin-Williams from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 31st. Finally, UBS Group lowered Sherwin-Williams from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $385.00 to $330.00 in a report on Tuesday, June 2nd. Seven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $373.92.

Sherwin-Williams Price Performance

Shares of Sherwin-Williams stock opened at $317.59 on Monday. The stock has a market capitalization of $78.33 billion, a P/E ratio of 30.48, a PEG ratio of 2.47 and a beta of 1.10. The business has a 50 day simple moving average of $320.72 and a two-hundred day simple moving average of $332.22. The Sherwin-Williams Company has a 12 month low of $289.86 and a 12 month high of $379.65. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.86 and a quick ratio of 0.53.

Sherwin-Williams (NYSE:SHW) last issued its earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share for the quarter, topping the consensus estimate of $2.27 by $0.08. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.The business had revenue of $5.67 billion for the quarter, compared to analysts’ expectations of $5.56 billion. During the same period in the previous year, the firm posted $2.25 EPS. The business’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, analysts predict that The Sherwin-Williams Company will post 11.78 EPS for the current fiscal year.

Sherwin-Williams Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 21st will be paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Friday, August 21st. Sherwin-Williams’s dividend payout ratio is presently 30.71%.

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.