Corient Private Wealth LLC Has $45.23 Million Stock Holdings in The Sherwin-Williams Company $SHW

Corient Private Wealth LLC raised its position in The Sherwin-Williams Company (NYSE:SHW) by 7.0% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 139,294 shares of the specialty chemicals company’s stock after acquiring an additional 9,113 shares during the period. Corient Private Wealth LLC’s holdings in Sherwin-Williams were worth $45,230,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in shares of 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 worth $7,529,752,000 after purchasing an additional 600,119 shares in the last quarter. State Street Corp lifted its position in Sherwin-Williams by 2.4% during the 4th quarter. State Street Corp now owns 15,638,974 shares of the specialty chemicals company’s stock worth $5,067,497,000 after buying an additional 364,832 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Sherwin-Williams by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 5,231,615 shares of the specialty chemicals company’s stock worth $1,687,498,000 after buying an additional 37,145 shares during the last quarter. Capital Research Global Investors grew its holdings in shares of Sherwin-Williams by 0.3% in the 3rd quarter. Capital Research Global Investors now owns 3,432,977 shares of the specialty chemicals company’s stock valued at $1,188,698,000 after acquiring an additional 11,560 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of Sherwin-Williams in the fourth quarter valued at about $1,089,450,000. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Sherwin-Williams Trading Up 0.2%

Shares of Sherwin-Williams stock opened at $321.38 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 Sherwin-Williams Company has a 12-month low of $289.86 and a 12-month high of $379.65. The company has a market capitalization of $79.27 billion, a price-to-earnings ratio of 30.84, a PEG ratio of 2.77 and a beta of 1.12. The firm’s 50-day moving average price is $317.09 and its two-hundred day moving average price is $331.25.

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 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 company had revenue of $5.67 billion during the quarter, compared to analysts’ expectations of $5.56 billion. During the same period in the previous year, the company earned $2.25 EPS. The business’s revenue for the quarter 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. On average, analysts forecast that The Sherwin-Williams Company will post 11.77 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

The firm also recently announced 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. The ex-dividend date was Friday, May 22nd. This represents a $3.20 annualized dividend and a yield of 1.0%. Sherwin-Williams’s dividend payout ratio is presently 30.71%.

Analyst Ratings Changes

A number of research analysts have weighed in on SHW shares. 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. Berenberg Bank set a $380.00 price target on shares of Sherwin-Williams in a research note on Monday, June 8th. Wells Fargo & Company dropped their target price on shares of Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 29th. Evercore reiterated an “outperform” rating on shares of Sherwin-Williams in a report on Friday, May 8th. Finally, Royal Bank Of Canada lowered their price target on Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating on the stock in a research report on Thursday, March 19th. 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. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price 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.