The Sherwin-Williams Company $SHW Shares Purchased by CenterBook Partners LP

CenterBook Partners LP raised its position in shares of The Sherwin-Williams Company (NYSE:SHW) by 228.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,267 shares of the specialty chemicals company’s stock after purchasing an additional 16,178 shares during the period. CenterBook Partners LP’s holdings in Sherwin-Williams were worth $7,539,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Lloyd Advisory Services LLC. acquired a new position in Sherwin-Williams during the 4th quarter valued at about $27,000. Ares Financial Consulting LLC acquired a new position in Sherwin-Williams during the 4th quarter valued at about $27,000. Lodestone Wealth Management LLC bought a new stake in shares of Sherwin-Williams during the 4th quarter worth about $31,000. Rossby Financial LCC raised its position in shares of Sherwin-Williams by 96.0% during the 3rd quarter. Rossby Financial LCC now owns 98 shares of the specialty chemicals company’s stock worth $33,000 after buying an additional 48 shares in the last quarter. Finally, JPL Wealth Management LLC bought a new stake in shares of Sherwin-Williams during the 3rd quarter worth about $45,000. 77.67% of the stock is owned by institutional investors and hedge funds.

Sherwin-Williams Stock Down 0.0%

NYSE SHW opened at $305.21 on Monday. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.86 and a quick ratio of 0.53. The company’s 50 day simple moving average is $318.13 and its 200 day simple moving average is $332.83. The Sherwin-Williams Company has a 12 month low of $289.86 and a 12 month high of $379.65. The company has a market capitalization of $75.28 billion, a P/E ratio of 29.29, a PEG ratio of 2.64 and a beta of 1.12.

Sherwin-Williams (NYSE:SHW) last released its earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 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 business had revenue of $5.67 billion for the quarter, compared to the consensus estimate of $5.56 billion. During the same period in the previous year, the firm earned $2.25 EPS. The business’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. Equities research analysts expect that The Sherwin-Williams Company will post 11.74 earnings per share for the current fiscal 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 issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Friday, May 22nd. Sherwin-Williams’s payout ratio is presently 30.71%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on SHW. Citigroup began coverage on shares of Sherwin-Williams in a research report on Thursday. They set a “buy” rating and a $355.00 price target on the stock. Zacks Research upgraded shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. Royal Bank Of Canada dropped their price target on shares of Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating on the stock in a research report on Thursday, March 19th. JPMorgan Chase & Co. dropped their price target on shares of Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 29th. Finally, Mizuho dropped their price target on shares of Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating on the stock in a research report on Monday, March 23rd. One 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 stock. According to data from MarketBeat.com, Sherwin-Williams currently has an average rating of “Moderate Buy” and a consensus target price of $365.67.

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.