Forsta AP Fonden Buys 4,580 Shares of The Sherwin-Williams Company $SHW

Forsta AP Fonden increased its stake in The Sherwin-Williams Company (NYSE:SHW) by 4.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 97,380 shares of the specialty chemicals company’s stock after acquiring an additional 4,580 shares during the period. Forsta AP Fonden’s holdings in Sherwin-Williams were worth $31,554,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of SHW. Brighton Jones LLC lifted its stake in shares of Sherwin-Williams by 73.6% in the 4th quarter. Brighton Jones LLC now owns 1,545 shares of the specialty chemicals company’s stock valued at $525,000 after acquiring an additional 655 shares during the last quarter. Empowered Funds LLC lifted its stake in shares of Sherwin-Williams by 11.2% in the 1st quarter. Empowered Funds LLC now owns 6,236 shares of the specialty chemicals company’s stock valued at $2,178,000 after acquiring an additional 626 shares during the last quarter. Jump Financial LLC bought a new stake in shares of Sherwin-Williams in the 2nd quarter valued at about $1,210,000. Sei Investments Co. lifted its stake in shares of Sherwin-Williams by 43.6% in the 2nd quarter. Sei Investments Co. now owns 196,915 shares of the specialty chemicals company’s stock valued at $67,612,000 after acquiring an additional 59,831 shares during the last quarter. Finally, Glenview Trust co lifted its stake in shares of Sherwin-Williams by 4.8% in the 2nd quarter. Glenview Trust co now owns 3,249 shares of the specialty chemicals company’s stock valued at $1,116,000 after acquiring an additional 148 shares during the last quarter. Institutional investors own 77.67% of the company’s stock.

Sherwin-Williams Stock Down 0.3%

Shares of NYSE:SHW opened at $304.25 on Friday. The Sherwin-Williams Company has a 1 year low of $294.32 and a 1 year high of $379.65. The company has a market cap of $75.04 billion, a PE ratio of 29.20, a P/E/G ratio of 2.64 and a beta of 1.16. 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 stock’s 50-day moving average is $319.59 and its 200 day moving average is $334.28.

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, 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 the consensus estimate of $5.56 billion. During the same quarter in the previous year, the business earned $2.25 EPS. Sherwin-Williams’s revenue 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. Sell-side analysts anticipate that The Sherwin-Williams Company will post 11.74 EPS for the current year.

Sherwin-Williams Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 22nd will be issued a dividend of $0.80 per share. The ex-dividend date 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 is 30.71%.

Analyst Upgrades and Downgrades

SHW has been the subject of a number of recent research reports. Weiss Ratings lowered Sherwin-Williams from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, May 14th. Royal Bank Of Canada reduced their price target on Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating on the stock in a report on Thursday, March 19th. Wells Fargo & Company reduced their price target on Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 29th. JPMorgan Chase & Co. reduced their price target on Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. Finally, Zacks Research upgraded Sherwin-Williams from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 31st. Nine equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $375.33.

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.