SRB Corp Sells 2,029 Shares of The Sherwin-Williams Company $SHW

SRB Corp decreased its position in The Sherwin-Williams Company (NYSE:SHW) by 1.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 110,041 shares of the specialty chemicals company’s stock after selling 2,029 shares during the quarter. Sherwin-Williams makes up 2.2% of SRB Corp’s investment portfolio, making the stock its 17th largest position. SRB Corp’s holdings in Sherwin-Williams were worth $35,274,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wilkerson Advisory Group LLC increased its holdings in Sherwin-Williams by 172.4% during the 1st quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company’s stock valued at $25,000 after purchasing an additional 50 shares during the period. Lloyd Advisory Services LLC. purchased a new stake in Sherwin-Williams in the 4th quarter worth approximately $27,000. Ares Financial Consulting LLC bought a new stake in shares of Sherwin-Williams in the 4th quarter worth approximately $27,000. Whipplewood Advisors LLC bought a new stake in shares of Sherwin-Williams in the 1st quarter worth approximately $28,000. Finally, Kemnay Advisory Services Inc. purchased a new position in shares of Sherwin-Williams during the fourth quarter valued at approximately $30,000. 77.67% of the stock is owned by institutional investors.

Sherwin-Williams Stock Up 2.3%

Shares of NYSE:SHW opened at $317.59 on Friday. The stock has a fifty day simple moving average of $320.72 and a two-hundred day simple moving average of $332.22. 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 stock has a market capitalization of $78.33 billion, a price-to-earnings ratio of 30.48, a PEG ratio of 2.41 and a beta of 1.10. The Sherwin-Williams Company has a 12-month low of $289.86 and a 12-month high of $379.65.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.27 by $0.08. The company had revenue of $5.67 billion for the quarter, compared to analysts’ expectations 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 was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. On average, research analysts anticipate that The Sherwin-Williams Company will post 11.78 earnings per share 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. Shareholders of record on Friday, August 21st will be issued a $0.80 dividend. The ex-dividend date of this dividend is Friday, August 21st. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.0%. Sherwin-Williams’s dividend payout ratio (DPR) is presently 30.71%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on SHW. Zacks Research upgraded Sherwin-Williams from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 31st. JPMorgan Chase & Co. reduced their price objective on shares of Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 29th. Royal Bank Of Canada restated an “outperform” rating and issued a $405.00 price objective (up from $391.00) on shares of Sherwin-Williams in a report on Wednesday, July 8th. UBS Group cut shares of Sherwin-Williams from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $385.00 to $330.00 in a research report on Tuesday, June 2nd. Finally, Bank of America reduced their price target on shares of Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 21st. Seven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $373.92.

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.