Capital Research Global Investors Sells 155,675 Shares of The Sherwin-Williams Company $SHW

Capital Research Global Investors lessened its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 4.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,277,302 shares of the specialty chemicals company’s stock after selling 155,675 shares during the quarter. Capital Research Global Investors owned 1.32% of Sherwin-Williams worth $1,061,954,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Ares Financial Consulting LLC acquired a new stake in Sherwin-Williams during the 4th quarter valued at $27,000. Lloyd Advisory Services LLC. acquired a new stake in Sherwin-Williams during the 4th quarter valued at $27,000. Lodestone Wealth Management LLC acquired a new stake in Sherwin-Williams during the 4th quarter valued at $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 purchasing an additional 48 shares in the last quarter. Finally, JPL Wealth Management LLC acquired a new stake in Sherwin-Williams during the 3rd quarter valued at $45,000. Institutional investors own 77.67% of the company’s stock.

Wall Street Analyst Weigh In

SHW has been the subject of a number of recent analyst reports. Mizuho dropped their price target on Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating for the company in a report on Monday, March 23rd. Royal Bank Of Canada dropped their price target on Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating for the company in a report on Thursday, March 19th. BMO Capital Markets set a $355.00 price target on Sherwin-Williams and gave the company an “outperform” rating in a report on Wednesday. Evercore reaffirmed an “outperform” rating on shares of Sherwin-Williams in a report on Friday, May 8th. Finally, Bank of America lowered their target price on Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating for the company in a research note on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $365.67.

Sherwin-Williams Trading Up 1.7%

NYSE SHW opened at $305.21 on Friday. The stock has a 50-day simple moving average of $318.13 and a 200 day simple moving average of $332.79. The company has a market capitalization of $75.28 billion, a PE ratio of 29.29, a P/E/G ratio of 2.64 and a beta of 1.12. 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 Sherwin-Williams Company has a 12 month low of $289.86 and a 12 month high of $379.65.

Sherwin-Williams (NYSE:SHW) last posted its 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 firm had revenue of $5.67 billion during the quarter, compared to analysts’ expectations of $5.56 billion. During the same period in the previous year, the firm earned $2.25 earnings per share. The company’s revenue was up 6.9% on a year-over-year basis. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Research analysts forecast that The Sherwin-Williams Company will post 11.74 EPS for the current year.

Sherwin-Williams Announces Dividend

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

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.