Hsbc Holdings PLC Has $226.71 Million Stock Position in The Sherwin-Williams Company $SHW

Hsbc Holdings PLC grew its position in The Sherwin-Williams Company (NYSE:SHW) by 3.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 699,193 shares of the specialty chemicals company’s stock after acquiring an additional 26,224 shares during the quarter. Hsbc Holdings PLC owned 0.28% of Sherwin-Williams worth $226,709,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of SHW. Lloyd Advisory Services LLC. bought a new position in Sherwin-Williams in the fourth quarter worth $27,000. Ares Financial Consulting LLC bought a new stake in Sherwin-Williams in the 4th quarter valued at $27,000. Kemnay Advisory Services Inc. bought a new stake in Sherwin-Williams in the 4th quarter valued at $30,000. Lodestone Wealth Management LLC acquired a new position in shares of Sherwin-Williams in the 4th quarter valued at $31,000. Finally, Rossby Financial LCC raised its stake 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 buying an additional 48 shares in the last quarter. Institutional investors and hedge funds own 77.67% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on SHW. Weiss Ratings lowered shares of Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, June 2nd. Bank of America dropped their price target on shares of Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating for the company in a research report on Tuesday, April 21st. UBS Group cut shares of Sherwin-Williams from a “buy” rating to a “neutral” rating and cut their price target for the stock from $385.00 to $330.00 in a research note on Tuesday, June 2nd. Wells Fargo & Company decreased their price objective on Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 29th. Finally, BMO Capital Markets set a $355.00 price objective on Sherwin-Williams and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. One investment 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 company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $366.77.

Sherwin-Williams Stock Up 0.2%

Shares of NYSE:SHW opened at $321.38 on Friday. The Sherwin-Williams Company has a 52 week low of $289.86 and a 52 week high of $379.65. 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 company’s fifty day moving average is $317.09 and its 200-day moving average is $331.32. The company has a market capitalization of $79.27 billion, a PE ratio of 30.84, a P/E/G ratio of 2.77 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, topping the consensus estimate of $2.27 by $0.08. The business had revenue of $5.67 billion for the quarter, compared to analyst estimates of $5.56 billion. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The firm’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Equities research analysts predict 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 announced a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were paid a $0.80 dividend. The ex-dividend date was Friday, May 22nd. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.0%. Sherwin-Williams’s payout ratio 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.