BCS Wealth Management Sells 3,755 Shares of The Sherwin-Williams Company $SHW

BCS Wealth Management cut its holdings in The Sherwin-Williams Company (NYSE:SHW) by 50.0% in the first quarter, HoldingsChannel reports. The firm owned 3,753 shares of the specialty chemicals company’s stock after selling 3,755 shares during the period. BCS Wealth Management’s holdings in Sherwin-Williams were worth $1,203,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Fideuram Asset Management Ireland dac acquired a new stake in Sherwin-Williams during the fourth quarter worth about $2,496,000. Mairs & Power Inc. raised its stake in Sherwin-Williams by 0.7% during the third quarter. Mairs & Power Inc. now owns 464,043 shares of the specialty chemicals company’s stock worth $160,680,000 after acquiring an additional 3,430 shares in the last quarter. Westview Management dba Westview Investment Advisors acquired a new stake in shares of Sherwin-Williams during the 4th quarter worth about $2,655,000. Regents Gate Capital LLP boosted its holdings in shares of Sherwin-Williams by 51.9% in the 3rd quarter. Regents Gate Capital LLP now owns 9,175 shares of the specialty chemicals company’s stock worth $3,177,000 after acquiring an additional 3,134 shares in the last quarter. Finally, Calamos Advisors LLC grew its holdings in Sherwin-Williams by 5.4% during the 4th quarter. Calamos Advisors LLC now owns 180,602 shares of the specialty chemicals company’s stock worth $58,520,000 after acquiring an additional 9,196 shares during the last quarter. Institutional investors own 77.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Citigroup started coverage on Sherwin-Williams in a research note on Thursday, June 4th. They issued a “buy” rating and a $355.00 target price for the company. Wells Fargo & Company lowered their target price on shares of Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 29th. Bank of America dropped their price target on Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 21st. Mizuho cut their price objective on shares of Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating on the stock in a research report on Monday, March 23rd. Finally, Royal Bank Of Canada cut their target price on Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating on the stock in a research note on Thursday, March 19th. One investment 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, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $366.77.

Sherwin-Williams Trading Up 2.1%

Sherwin-Williams stock opened at $323.51 on Wednesday. The stock has a 50-day simple moving average of $316.46 and a 200 day simple moving average of $330.99. The stock has a market capitalization of $79.79 billion, a P/E ratio of 31.05, a PEG ratio of 2.74 and a beta of 1.12. 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 52 week low of $289.86 and a 52 week high of $379.65.

Sherwin-Williams (NYSE:SHW) last released 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. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.The firm had revenue of $5.67 billion for the quarter, compared to analyst estimates of $5.56 billion. During the same quarter in the prior year, the company earned $2.25 earnings per share. 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. Analysts expect that The Sherwin-Williams Company will post 11.77 earnings per share for the current year.

Sherwin-Williams Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 22nd were issued a dividend of $0.80 per share. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $3.20 annualized dividend and a yield of 1.0%. 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.