Dearborn Partners LLC Reduces Stock Holdings in The Sherwin-Williams Company $SHW

Dearborn Partners LLC decreased its holdings in The Sherwin-Williams Company (NYSE:SHW) by 3.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 93,021 shares of the specialty chemicals company’s stock after selling 3,633 shares during the quarter. Sherwin-Williams comprises approximately 1.5% of Dearborn Partners LLC’s portfolio, making the stock its 22nd biggest position. Dearborn Partners LLC’s holdings in Sherwin-Williams were worth $30,142,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SHW. Brighton Jones LLC raised its holdings in Sherwin-Williams by 73.6% in the fourth quarter. Brighton Jones LLC now owns 1,545 shares of the specialty chemicals company’s stock worth $525,000 after purchasing an additional 655 shares in the last quarter. Empowered Funds LLC raised its holdings in Sherwin-Williams by 11.2% in the first quarter. Empowered Funds LLC now owns 6,236 shares of the specialty chemicals company’s stock worth $2,178,000 after purchasing an additional 626 shares in the last quarter. Jump Financial LLC bought a new position in Sherwin-Williams in the second quarter worth $1,210,000. Sei Investments Co. raised its holdings in Sherwin-Williams by 43.6% in the second quarter. Sei Investments Co. now owns 196,915 shares of the specialty chemicals company’s stock worth $67,612,000 after purchasing an additional 59,831 shares in the last quarter. Finally, Glenview Trust co raised its holdings in Sherwin-Williams by 4.8% in the second quarter. Glenview Trust co now owns 3,249 shares of the specialty chemicals company’s stock worth $1,116,000 after purchasing an additional 148 shares in the last quarter. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on SHW. Evercore reiterated an “outperform” rating on shares of Sherwin-Williams in a report on Friday, May 8th. UBS Group downgraded Sherwin-Williams from a “buy” rating to a “neutral” rating and reduced their price target for the company from $385.00 to $330.00 in a report on Tuesday, June 2nd. Zacks Research upgraded Sherwin-Williams from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 31st. Citigroup began coverage on Sherwin-Williams in a report on Thursday. They set a “buy” rating and a $355.00 price target for the company. Finally, Weiss Ratings downgraded Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $365.67.

Sherwin-Williams Stock Up 1.7%

SHW stock opened at $305.21 on Friday. The Sherwin-Williams Company has a twelve month low of $289.86 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 stock has a market cap of $75.28 billion, a P/E ratio of 29.29, a PEG ratio of 2.64 and a beta of 1.12. The business’s 50-day moving average price is $318.13 and its 200-day moving average price is $332.79.

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 firm had revenue of $5.67 billion for the quarter, compared to analysts’ expectations of $5.56 billion. During the same period in the previous year, the firm earned $2.25 EPS. The business’s quarterly 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. On average, equities research analysts forecast that The Sherwin-Williams Company will post 11.74 EPS for the current year.

Sherwin-Williams Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 5th. Investors 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 of this dividend was Friday, May 22nd. Sherwin-Williams’s dividend payout ratio (DPR) is 30.71%.

Sherwin-Williams 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.