Capital World Investors Boosts Stock Holdings in The Sherwin-Williams Company $SHW

Capital World Investors increased its position in shares of The Sherwin-Williams Company (NYSE:SHW) by 37.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,323,131 shares of the specialty chemicals company’s stock after purchasing an additional 358,857 shares during the period. Capital World Investors owned approximately 0.53% of Sherwin-Williams worth $428,764,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in SHW. Norges Bank purchased a new position in Sherwin-Williams during the fourth quarter worth about $1,089,450,000. Viking Global Investors LP raised its holdings in 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 worth $672,213,000 after purchasing an additional 985,520 shares in the last quarter. Vanguard Group Inc. raised its holdings in 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 worth $7,529,752,000 after purchasing an additional 600,119 shares in the last quarter. Assenagon Asset Management S.A. raised its holdings in 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 worth $177,433,000 after purchasing an additional 443,119 shares in the last quarter. Finally, Alyeska Investment Group L.P. purchased a new position in Sherwin-Williams in the third quarter valued at about $104,826,000. 77.67% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

SHW has been the subject of a number of research analyst reports. Evercore reaffirmed an “outperform” rating on shares of Sherwin-Williams in a report on Friday, May 8th. Royal Bank Of Canada dropped their target price on shares of Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating for the company in a report on Thursday, March 19th. Citigroup initiated coverage on shares of Sherwin-Williams in a report on Thursday. They issued a “buy” rating and a $355.00 target price for the company. Mizuho dropped their target price on shares of Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating for the company in a report on Monday, March 23rd. Finally, JPMorgan Chase & Co. dropped their target price on shares of Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. One equities research 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, Sherwin-Williams currently has an average rating of “Moderate Buy” and an average price target of $365.67.

Sherwin-Williams Stock Down 0.0%

Shares of NYSE SHW opened at $305.21 on Monday. The Sherwin-Williams Company has a 1 year low of $289.86 and a 1 year high of $379.65. The firm’s 50 day moving average price is $318.13 and its 200 day moving average price is $332.83. The firm has a market cap of $75.28 billion, a P/E ratio of 29.29, a price-to-earnings-growth ratio of 2.64 and a beta of 1.12. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.53 and a current ratio of 0.86.

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

Sherwin-Williams Dividend Announcement

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