The Sherwin-Williams Company $SHW Shares Sold by Cibc World Market Inc.

Cibc World Market Inc. decreased its stake in The Sherwin-Williams Company (NYSE:SHW) by 55.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 46,759 shares of the specialty chemicals company’s stock after selling 58,200 shares during the period. Cibc World Market Inc.’s holdings in Sherwin-Williams were worth $15,151,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Ares Financial Consulting LLC purchased a new position in Sherwin-Williams during the 4th quarter worth $27,000. Lloyd Advisory Services LLC. acquired a new stake in shares of Sherwin-Williams in the fourth quarter valued at about $27,000. Lodestone Wealth Management LLC acquired a new stake in shares of Sherwin-Williams in the fourth quarter valued at about $31,000. Rossby Financial LCC increased its holdings in Sherwin-Williams by 96.0% during the 3rd quarter. Rossby Financial LCC now owns 98 shares of the specialty chemicals company’s stock valued at $33,000 after acquiring an additional 48 shares in the last quarter. Finally, JPL Wealth Management LLC purchased a new position in Sherwin-Williams during the 3rd quarter valued at about $45,000. Institutional investors and hedge funds own 77.67% of the company’s stock.

Sherwin-Williams Price Performance

Sherwin-Williams stock opened at $305.21 on Friday. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.53 and a current ratio of 0.86. The Sherwin-Williams Company has a 1 year low of $289.86 and a 1 year high of $379.65. The firm has a 50 day moving average price of $318.13 and a 200 day moving average price of $332.79. The company has a market cap of $75.28 billion, a price-to-earnings ratio of 29.29, a PEG ratio of 2.60 and a beta of 1.12.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.27 by $0.08. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The company had revenue of $5.67 billion during the quarter, compared to the consensus estimate of $5.56 billion. During the same period in the previous year, the firm earned $2.25 earnings per share. Sherwin-Williams’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. Sell-side analysts predict that The Sherwin-Williams Company will post 11.74 earnings per share for the current year.

Sherwin-Williams Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 22nd were paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 1.0%. The ex-dividend date was Friday, May 22nd. Sherwin-Williams’s payout ratio is currently 30.71%.

Analyst Ratings Changes

A number of research firms have recently weighed in on SHW. JPMorgan Chase & Co. cut their price objective on shares of Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. UBS Group cut shares of Sherwin-Williams from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $385.00 to $330.00 in a research note on Tuesday. Zacks Research raised shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. Mizuho lowered their target price on shares of Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating for the company in a research note on Monday, March 23rd. Finally, Citigroup began coverage on shares of Sherwin-Williams in a research note on Thursday. They issued a “buy” rating and a $355.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Sherwin-Williams has an average rating of “Moderate Buy” and a consensus target price of $365.67.

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.