ProShare Advisors LLC Has $206.51 Million Stock Position in The Sherwin-Williams Company $SHW

ProShare Advisors LLC lifted its stake in The Sherwin-Williams Company (NYSE:SHW) by 0.5% in the fourth quarter, HoldingsChannel reports. The firm owned 637,319 shares of the specialty chemicals company’s stock after purchasing an additional 2,909 shares during the period. ProShare Advisors LLC’s holdings in Sherwin-Williams were worth $206,510,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Wealthfront Advisers LLC boosted its position in Sherwin-Williams by 26.1% during 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 during the period. 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 worth $160,680,000 after acquiring an additional 3,430 shares during the period. Inscription Capital LLC acquired a new stake in Sherwin-Williams during the 3rd quarter worth about $1,069,000. Westview Management dba Westview Investment Advisors acquired a new stake in Sherwin-Williams during the 4th quarter worth about $2,655,000. Finally, Compass Wealth Management LLC acquired a new stake in Sherwin-Williams during the 3rd quarter worth about $2,112,000. Institutional investors and hedge funds own 77.67% of the company’s stock.

Insider Buying and Selling at Sherwin-Williams

In other news, SVP Bryan J. Young sold 2,513 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $364.47, for a total transaction of $915,913.11. Following the completion of the sale, the senior vice president directly owned 10,045 shares of the company’s stock, valued at $3,661,101.15. This trade represents a 20.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.23% of the stock is owned by company insiders.

Sherwin-Williams Stock Up 0.9%

SHW opened at $302.73 on Tuesday. The Sherwin-Williams Company has a fifty-two week low of $300.05 and a fifty-two week high of $379.65. The business has a 50-day moving average of $322.47 and a 200-day moving average of $336.43. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.86 and a quick ratio of 0.53. The company has a market capitalization of $74.67 billion, a PE ratio of 29.05, a price-to-earnings-growth ratio of 2.60 and a beta of 1.16.

Sherwin-Williams (NYSE:SHW) last posted its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share for the quarter, topping 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 during the quarter, compared to the consensus estimate of $5.56 billion. During the same period last year, the business earned $2.25 EPS. The business’s quarterly revenue was up 6.9% on a year-over-year basis. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Equities research analysts forecast that The Sherwin-Williams Company will post 11.74 EPS for the current fiscal year.

Sherwin-Williams Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 22nd will be paid a dividend of $0.80 per share. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.1%. Sherwin-Williams’s dividend payout ratio (DPR) is 30.71%.

Wall Street Analyst Weigh In

SHW has been the subject of a number of research reports. JPMorgan Chase & Co. decreased 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. Mizuho decreased their price objective on Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating for the company in a research report on Monday, March 23rd. 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 research report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft lowered Sherwin-Williams from a “buy” rating to a “hold” rating and set a $380.00 price objective for the company. in a research report on Thursday, January 22nd. Finally, Zacks Research upgraded Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $375.33.

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.