Strategic Investment Advisors MI Takes Position in The Sherwin-Williams Company $SHW

Strategic Investment Advisors MI bought a new position in shares of The Sherwin-Williams Company (NYSE:SHW) in the 1st quarter, HoldingsChannel reports. The institutional investor bought 1,481 shares of the specialty chemicals company’s stock, valued at approximately $474,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Wilkerson Advisory Group LLC grew its stake in Sherwin-Williams by 172.4% in the 1st quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company’s stock valued at $25,000 after acquiring an additional 50 shares during the period. Lloyd Advisory Services LLC. acquired a new stake in shares of Sherwin-Williams in the fourth quarter valued at about $27,000. Ares Financial Consulting LLC purchased a new position in shares of Sherwin-Williams in the fourth quarter worth about $27,000. Whipplewood Advisors LLC purchased a new position in shares of Sherwin-Williams in the first quarter worth about $28,000. Finally, Kemnay Advisory Services Inc. acquired a new position in Sherwin-Williams during the fourth quarter worth about $30,000. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. The Goldman Sachs Group set a $420.00 price objective on shares of Sherwin-Williams in a research note on Wednesday. Royal Bank Of Canada restated an “outperform” rating and set a $405.00 target price (up from $391.00) on shares of Sherwin-Williams in a report on Wednesday, July 8th. JPMorgan Chase & Co. upped their price target on Sherwin-Williams from $365.00 to $380.00 and gave the company an “overweight” rating in a research report on Wednesday. Bank of America cut their price target on Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating for the company in a report on Tuesday, April 21st. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $405.00 price objective (up from $400.00) on shares of Sherwin-Williams in a research report on Wednesday. Eight equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, Sherwin-Williams currently has a consensus rating of “Moderate Buy” and an average price target of $384.47.

Sherwin-Williams Price Performance

NYSE:SHW opened at $341.19 on Friday. The Sherwin-Williams Company has a 52 week low of $289.86 and a 52 week high of $379.65. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 2.16. The company has a market capitalization of $82.83 billion, a P/E ratio of 31.45, a P/E/G ratio of 2.57 and a beta of 1.10. The stock’s fifty day moving average is $324.40 and its two-hundred day moving average is $332.32.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 EPS for the quarter, beating the consensus estimate of $3.52 by $0.18. The business had revenue of $6.79 billion for the quarter, compared to analyst estimates of $6.60 billion. Sherwin-Williams had a return on equity of 67.97% and a net margin of 11.01%.The company’s quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.38 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. Equities analysts expect that The Sherwin-Williams Company will post 12.08 EPS for the current year.

Sherwin-Williams Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Shareholders 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 0.9%. The ex-dividend date of this dividend is Friday, August 21st. Sherwin-Williams’s dividend payout ratio (DPR) is 29.49%.

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.