Atom Investors LP Increases Stake in The Sherwin-Williams Company $SHW

Atom Investors LP increased its stake in The Sherwin-Williams Company (NYSE:SHW) by 32.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,401 shares of the specialty chemicals company’s stock after purchasing an additional 7,501 shares during the quarter. Sherwin-Williams accounts for 0.8% of Atom Investors LP’s investment portfolio, making the stock its 15th largest position. Atom Investors LP’s holdings in Sherwin-Williams were worth $9,851,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in SHW. Ares Financial Consulting LLC purchased a new position in shares of Sherwin-Williams in the 4th quarter valued at about $27,000. Lloyd Advisory Services LLC. purchased a new position in shares of Sherwin-Williams in the 4th quarter valued at about $27,000. Kemnay Advisory Services Inc. purchased a new position in shares of Sherwin-Williams in the 4th quarter valued at about $30,000. Lodestone Wealth Management LLC purchased a new position in shares of Sherwin-Williams in the 4th quarter valued at about $31,000. Finally, Rossby Financial LCC increased its holdings in shares of Sherwin-Williams by 96.0% in the 3rd quarter. Rossby Financial LCC now owns 98 shares of the specialty chemicals company’s stock valued at $33,000 after purchasing an additional 48 shares in the last quarter. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on SHW. JPMorgan Chase & Co. cut their price target 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. Berenberg Bank set a $380.00 price target on shares of Sherwin-Williams in a report on Monday, June 8th. Citigroup initiated coverage on shares of Sherwin-Williams in a report on Thursday, June 4th. They set a “buy” rating and a $355.00 target price for the company. Evercore restated an “outperform” rating on shares of Sherwin-Williams in a report on Friday, May 8th. Finally, Zacks Research upgraded shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 31st. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $366.77.

Sherwin-Williams Stock Performance

NYSE:SHW opened at $322.31 on Wednesday. The company has a current ratio of 0.86, a quick ratio of 0.53 and a debt-to-equity ratio of 2.10. The firm has a 50-day moving average price of $317.28 and a two-hundred day moving average price of $331.76. The Sherwin-Williams Company has a twelve month low of $289.86 and a twelve month high of $379.65. The company has a market capitalization of $79.49 billion, a P/E ratio of 30.93, a price-to-earnings-growth ratio of 2.76 and a beta of 1.12.

Sherwin-Williams (NYSE:SHW) last posted its earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $5.56 billion. During the same period last year, the firm posted $2.25 EPS. The firm’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. As a group, research analysts expect that The Sherwin-Williams Company will post 11.77 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

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