BI Asset Management Fondsmaeglerselskab A S Has $4.19 Million Position in The Sherwin-Williams Company $SHW

BI Asset Management Fondsmaeglerselskab A S reduced its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 69.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,941 shares of the specialty chemicals company’s stock after selling 29,621 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Sherwin-Williams were worth $4,193,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Ares Financial Consulting LLC acquired a new position in Sherwin-Williams during the fourth quarter worth $27,000. Lloyd Advisory Services LLC. acquired a new position in Sherwin-Williams during the fourth quarter worth $27,000. Lodestone Wealth Management LLC acquired a new position in Sherwin-Williams during the fourth quarter worth $31,000. Rossby Financial LCC raised its stake in Sherwin-Williams by 96.0% during the third quarter. Rossby Financial LCC now owns 98 shares of the specialty chemicals company’s stock worth $33,000 after acquiring an additional 48 shares in the last quarter. Finally, JPL Wealth Management LLC acquired a new stake in shares of Sherwin-Williams in the third quarter valued at $45,000. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Sherwin-Williams Price Performance

Sherwin-Williams stock opened at $305.21 on Monday. The business’s 50-day simple moving average is $318.13 and its 200 day simple moving average is $332.83. The stock has a market cap of $75.28 billion, a price-to-earnings ratio of 29.29, a P/E/G ratio of 2.64 and a beta of 1.12. The Sherwin-Williams Company has a 12-month low of $289.86 and a 12-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.

Sherwin-Williams (NYSE:SHW) last posted its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.08. The business had revenue of $5.67 billion for the quarter, compared to analysts’ expectations of $5.56 billion. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.The firm’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter last year, the business earned $2.25 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. As a group, research analysts anticipate that The Sherwin-Williams Company will post 11.74 earnings per share for the current year.

Sherwin-Williams Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 22nd were issued a $0.80 dividend. The ex-dividend date was Friday, May 22nd. This represents a $3.20 annualized dividend and a yield of 1.0%. Sherwin-Williams’s dividend payout ratio (DPR) is currently 30.71%.

Analyst Ratings Changes

A number of analysts have recently weighed in on SHW shares. Evercore restated an “outperform” rating on shares of Sherwin-Williams in a research note on Friday, May 8th. Wells Fargo & Company lowered their target price on Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 29th. BMO Capital Markets set a $355.00 target price on Sherwin-Williams and gave the company an “outperform” rating in a research note on Wednesday. JPMorgan Chase & Co. lowered their target price on Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. Finally, Mizuho lowered their target price on Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating for the company in a research note on Monday, March 23rd. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target 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.