Eurizon Capital SGR S.p.A. Purchases Shares of 147,458 The Sherwin-Williams Company $SHW

Eurizon Capital SGR S.p.A. purchased a new stake in shares of The Sherwin-Williams Company (NYSE:SHW) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 147,458 shares of the specialty chemicals company’s stock, valued at approximately $47,785,000. Eurizon Capital SGR S.p.A. owned about 0.06% of Sherwin-Williams at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Viking Global Investors LP increased its position in shares of Sherwin-Williams by 101.4% during the second quarter. Viking Global Investors LP now owns 1,957,750 shares of the specialty chemicals company’s stock valued at $672,213,000 after buying an additional 985,520 shares during the period. Vanguard Group Inc. increased its position in shares of 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. Assenagon Asset Management S.A. increased its position in shares of Sherwin-Williams by 424.2% during the fourth quarter. Assenagon Asset Management S.A. now owns 547,583 shares of the specialty chemicals company’s stock valued at $177,433,000 after buying an additional 443,119 shares during the period. Alyeska Investment Group L.P. purchased a new position in shares of Sherwin-Williams during the third quarter valued at about $104,826,000. Finally, PBCay One RSC Ltd purchased a new position in shares of Sherwin-Williams during the fourth quarter valued at about $92,275,000. Institutional investors own 77.67% of the company’s stock.

Sherwin-Williams Stock Down 0.3%

SHW stock opened at $304.25 on Friday. The Sherwin-Williams Company has a twelve month low of $294.32 and a twelve month high of $379.65. The company has a quick ratio of 0.53, a current ratio of 0.86 and a debt-to-equity ratio of 2.10. The firm has a market cap of $75.04 billion, a PE ratio of 29.20, a price-to-earnings-growth ratio of 2.63 and a beta of 1.16. The business has a 50 day moving average of $319.59 and a 200 day moving average of $334.28.

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

Sherwin-Williams Dividend Announcement

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

Analysts Set New Price Targets

Several brokerages have recently issued reports on SHW. Evercore reissued an “outperform” rating on shares of Sherwin-Williams in a research report on Friday, May 8th. Citigroup decreased their target price on Sherwin-Williams from $410.00 to $385.00 and set a “buy” rating for the company in a research report on Wednesday, April 1st. Royal Bank Of Canada decreased their target price on Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating for the company in a research report on Thursday, March 19th. UBS Group decreased their target price on Sherwin-Williams from $420.00 to $380.00 and set a “buy” rating for the company in a research report on Thursday, April 2nd. Finally, Bank of America decreased their target price 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. Nine research 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, Sherwin-Williams currently has a consensus rating of “Moderate Buy” and an average price target 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.