The Sherwin-Williams Company $SHW Position Increased by IFM Investors Pty Ltd

IFM Investors Pty Ltd lifted its holdings in The Sherwin-Williams Company (NYSE:SHW) by 4.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 47,545 shares of the specialty chemicals company’s stock after buying an additional 2,119 shares during the period. IFM Investors Pty Ltd’s holdings in Sherwin-Williams were worth $15,241,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in shares of Sherwin-Williams by 73.6% in the fourth quarter. Brighton Jones LLC now owns 1,545 shares of the specialty chemicals company’s stock worth $525,000 after acquiring an additional 655 shares during the last quarter. Empowered Funds LLC boosted its position in Sherwin-Williams by 11.2% during the first quarter. Empowered Funds LLC now owns 6,236 shares of the specialty chemicals company’s stock valued at $2,178,000 after purchasing an additional 626 shares during the last quarter. Jump Financial LLC purchased a new position in Sherwin-Williams in the second quarter valued at about $1,210,000. Sei Investments Co. increased its position in 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 during the last quarter. Finally, Glenview Trust co increased its position in Sherwin-Williams by 4.8% in the 2nd quarter. Glenview Trust co now owns 3,249 shares of the specialty chemicals company’s stock worth $1,116,000 after purchasing an additional 148 shares during the last quarter. Institutional investors and hedge funds own 77.67% of the company’s stock.

Sherwin-Williams Stock Up 0.5%

Shares of SHW stock opened at $346.05 on Thursday. The stock’s 50 day simple moving average is $317.08 and its 200 day simple moving average is $331.54. The Sherwin-Williams Company has a twelve month low of $289.86 and a twelve month 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 has a market capitalization of $85.35 billion, a price-to-earnings ratio of 33.21, a PEG ratio of 2.97 and a beta of 1.10.

Sherwin-Williams (NYSE:SHW) last announced its earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $5.56 billion. During the same quarter in the prior year, the business earned $2.25 earnings per share. The company’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. As a group, research analysts predict that The Sherwin-Williams Company will post 11.77 EPS for the current year.

Sherwin-Williams Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 5th. Investors 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 yield of 0.9%. Sherwin-Williams’s dividend payout ratio (DPR) is presently 30.71%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Bank of America reduced their price target on Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating for the company in a report on Tuesday, April 21st. Evercore restated an “outperform” rating on shares of Sherwin-Williams in a report on Friday, May 8th. BMO Capital Markets set a $355.00 target price on shares of Sherwin-Williams and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. Citigroup initiated coverage on shares of Sherwin-Williams in a research report on Wednesday, June 24th. They issued an “overweight” rating for the company. Finally, Mizuho dropped their price target on shares of Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating on the stock in a research note on Monday, March 23rd. Eight research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $368.69.

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.