Kovitz Investment Group Partners LLC Lowers Holdings in The Sherwin-Williams Company $SHW

Kovitz Investment Group Partners LLC lessened its holdings in The Sherwin-Williams Company (NYSE:SHW) by 22.6% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,869 shares of the specialty chemicals company’s stock after selling 4,637 shares during the period. Kovitz Investment Group Partners LLC’s holdings in Sherwin-Williams were worth $5,142,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Brighton Jones LLC grew its stake in Sherwin-Williams by 73.6% in the 4th quarter. Brighton Jones LLC now owns 1,545 shares of the specialty chemicals company’s stock worth $525,000 after buying an additional 655 shares in the last quarter. Empowered Funds LLC grew its position in Sherwin-Williams by 11.2% in the first quarter. Empowered Funds LLC now owns 6,236 shares of the specialty chemicals company’s stock worth $2,178,000 after acquiring an additional 626 shares in the last quarter. Jump Financial LLC purchased a new position in Sherwin-Williams in the second quarter worth $1,210,000. Sei Investments Co. boosted its holdings in shares of Sherwin-Williams by 43.6% in the 2nd quarter. Sei Investments Co. now owns 196,915 shares of the specialty chemicals company’s stock worth $67,612,000 after purchasing an additional 59,831 shares in the last quarter. Finally, Glenview Trust co raised its holdings in shares of Sherwin-Williams by 4.8% during the 2nd quarter. Glenview Trust co now owns 3,249 shares of the specialty chemicals company’s stock valued at $1,116,000 after buying an additional 148 shares in the last quarter. Institutional investors own 77.67% of the company’s stock.

Analyst Upgrades and Downgrades

SHW has been the subject of several research reports. UBS Group lowered Sherwin-Williams from a “buy” rating to a “neutral” rating and cut their target price for the stock from $385.00 to $330.00 in a research note on Tuesday, June 2nd. Berenberg Bank set a $380.00 price target on shares of Sherwin-Williams in a research note on Monday, June 8th. Weiss Ratings lowered shares of Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 2nd. Mizuho cut their price objective on shares of Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating for the company in a research note on Monday, March 23rd. Finally, Bank of America decreased their target price on shares of Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $366.77.

Sherwin-Williams Stock Performance

Shares of SHW stock opened at $321.38 on Friday. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.53 and a current ratio of 0.86. The Sherwin-Williams Company has a fifty-two week low of $289.86 and a fifty-two week high of $379.65. The stock has a 50 day moving average price of $317.09 and a two-hundred day moving average price of $331.32. The company has a market capitalization of $79.26 billion, a P/E ratio of 30.84, a PEG ratio of 2.77 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 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $5.56 billion. During the same quarter last year, the business earned $2.25 earnings per share. The business’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. Analysts expect that The Sherwin-Williams Company will post 11.77 earnings per share for the current 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 issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Friday, May 22nd. Sherwin-Williams’s dividend payout ratio (DPR) is 30.71%.

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.