Cerity Partners LLC Purchases 31,864 Shares of The Sherwin-Williams Company $SHW

Cerity Partners LLC raised its position in The Sherwin-Williams Company (NYSE:SHW) by 35.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 120,741 shares of the specialty chemicals company’s stock after purchasing an additional 31,864 shares during the quarter. Cerity Partners LLC’s holdings in Sherwin-Williams were worth $39,124,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of SHW. Norges Bank bought a new position in Sherwin-Williams in the fourth quarter valued at about $1,089,450,000. Viking Global Investors LP raised its position in Sherwin-Williams by 101.4% in the second quarter. Viking Global Investors LP now owns 1,957,750 shares of the specialty chemicals company’s stock valued at $672,213,000 after purchasing an additional 985,520 shares during the last quarter. Vanguard Group Inc. raised its position in Sherwin-Williams by 2.7% in the fourth quarter. Vanguard Group Inc. now owns 23,237,824 shares of the specialty chemicals company’s stock valued at $7,529,752,000 after purchasing an additional 600,119 shares during the last quarter. Assenagon Asset Management S.A. increased its stake in shares of Sherwin-Williams by 424.2% in the fourth quarter. Assenagon Asset Management S.A. now owns 547,583 shares of the specialty chemicals company’s stock valued at $177,433,000 after buying an additional 443,119 shares during the period. Finally, Capital World Investors increased its stake in shares of Sherwin-Williams by 37.2% in the fourth quarter. Capital World Investors now owns 1,323,131 shares of the specialty chemicals company’s stock valued at $428,764,000 after buying an additional 358,857 shares during the period. 77.67% of the stock is currently owned by institutional investors.

Sherwin-Williams Trading Down 2.0%

NYSE SHW opened at $304.28 on Thursday. The business has a 50 day simple moving average of $317.38 and a 200 day simple moving average of $332.35. The Sherwin-Williams Company has a one year low of $289.86 and a one year high of $379.65. The stock has a market capitalization of $75.05 billion, a P/E ratio of 29.20, a P/E/G ratio of 2.68 and a beta of 1.12. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.86 and a quick ratio of 0.53.

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 the consensus estimate of $2.27 by $0.08. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.The business had revenue of $5.67 billion during the quarter, compared to analysts’ expectations of $5.56 billion. During the same quarter last year, the firm posted $2.25 earnings per share. The firm’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 expect that The Sherwin-Williams Company will post 11.78 earnings per share for the current year.

Sherwin-Williams Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 22nd were issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Friday, May 22nd. Sherwin-Williams’s dividend payout ratio (DPR) is presently 30.71%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Zacks Research raised Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. BMO Capital Markets set a $355.00 price target on Sherwin-Williams and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. Wells Fargo & Company decreased their price target 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. Berenberg Bank set a $380.00 price target on Sherwin-Williams in a research note on Monday. Finally, Mizuho decreased their price target 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 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 stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $366.77.

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.