The Sherwin-Williams Company $SHW Shares Sold by Icon Wealth Advisors LLC

Icon Wealth Advisors LLC cut its holdings in shares of The Sherwin-Williams Company (NYSE:SHW) by 49.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,321 shares of the specialty chemicals company’s stock after selling 2,236 shares during the period. Icon Wealth Advisors LLC’s holdings in Sherwin-Williams were worth $768,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Lloyd Advisory Services LLC. acquired a new position in Sherwin-Williams in the fourth quarter worth about $27,000. Ares Financial Consulting LLC acquired a new position in Sherwin-Williams in the fourth quarter worth about $27,000. Lodestone Wealth Management LLC acquired a new position in Sherwin-Williams in the fourth quarter worth about $31,000. Rossby Financial LCC grew its stake in Sherwin-Williams by 96.0% in the third quarter. Rossby Financial LCC now owns 98 shares of the specialty chemicals company’s stock worth $33,000 after purchasing an additional 48 shares in the last quarter. Finally, Meeder Asset Management Inc. acquired a new position in Sherwin-Williams in the fourth quarter worth about $33,000. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

SHW has been the subject of a number of research reports. BMO Capital Markets set a $355.00 price target on Sherwin-Williams and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. Berenberg Bank set a $380.00 price target on Sherwin-Williams in a research note on Monday, June 8th. 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. Bank of America decreased their price target on Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating for the company in a research note on Tuesday, April 21st. Finally, Zacks Research upgraded Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $366.77.

Sherwin-Williams Stock Performance

Shares of SHW stock opened at $317.25 on Monday. 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 business has a 50 day moving average of $317.14 and a two-hundred day moving average of $332.06. The Sherwin-Williams Company has a 52 week low of $289.86 and a 52 week high of $379.65. The company has a market cap of $78.25 billion, a P/E ratio of 30.45, a PEG ratio of 2.74 and a beta of 1.12.

Sherwin-Williams (NYSE:SHW) last issued its earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 EPS 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 company had revenue of $5.67 billion during the quarter, compared to the consensus estimate of $5.56 billion. During the same period in the previous year, the firm posted $2.25 earnings per share. Sherwin-Williams’s quarterly 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, analysts anticipate that The Sherwin-Williams Company will post 11.78 EPS for the current year.

Sherwin-Williams Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were issued a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Friday, May 22nd. Sherwin-Williams’s payout ratio is 30.71%.

About Sherwin-Williams

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.