The Sherwin-Williams Company $SHW Shares Sold by Virtu Financial LLC

Virtu Financial LLC lowered its position in The Sherwin-Williams Company (NYSE:SHWFree Report) by 75.8% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 2,435 shares of the specialty chemicals company’s stock after selling 7,622 shares during the period. Virtu Financial LLC’s holdings in Sherwin-Williams were worth $789,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. MV Capital Management Inc. purchased a new stake in Sherwin-Williams during the 4th quarter valued at about $529,000. Invesco Ltd. boosted its holdings in shares of Sherwin-Williams by 7.8% during the 4th quarter. Invesco Ltd. now owns 1,111,370 shares of the specialty chemicals company’s stock worth $360,117,000 after purchasing an additional 80,651 shares during the last quarter. Axxcess Wealth Management LLC acquired a new position in shares of Sherwin-Williams during the 4th quarter worth approximately $523,000. Birchwood Financial Partners Inc. purchased a new stake in shares of Sherwin-Williams in the fourth quarter valued at approximately $95,000. Finally, Corient Private Wealth LLC grew its position in shares of Sherwin-Williams by 122.7% in the fourth quarter. Corient Private Wealth LLC now owns 289,903 shares of the specialty chemicals company’s stock valued at $93,937,000 after purchasing an additional 159,722 shares in the last quarter. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Sherwin-Williams Stock Performance

NYSE SHW opened at $317.03 on Tuesday. The stock has a fifty day simple moving average of $316.71 and a 200-day simple moving average of $331.10. 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 stock has a market cap of $78.19 billion, a PE ratio of 30.43, a P/E/G ratio of 2.77 and a beta of 1.12. The Sherwin-Williams Company has a twelve month low of $289.86 and a twelve month high of $379.65.

Sherwin-Williams (NYSE:SHWGet Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.08. The firm 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%. Sherwin-Williams’s revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the firm earned $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Equities analysts anticipate that The Sherwin-Williams Company will post 11.77 earnings per share for the current year.

Sherwin-Williams Announces Dividend

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

Analysts Set New Price Targets

Several brokerages have issued reports on SHW. Bank of America dropped their target price on Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating for the company in a report on Tuesday, April 21st. Zacks Research raised shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. JPMorgan Chase & Co. dropped their price objective 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. Wells Fargo & Company cut their price objective on shares of Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 29th. Finally, Citigroup began coverage on shares of Sherwin-Williams in a research note on Thursday, June 4th. They set a “buy” rating and a $355.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $366.77.

Check Out Our Latest Stock Analysis on SHW

Sherwin-Williams Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Sherwin-Williams (NYSE:SHW)

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