Arbejdsmarkedets Tillaegspension Raises Holdings in The Sherwin-Williams Company $SHW

Arbejdsmarkedets Tillaegspension lifted its position in The Sherwin-Williams Company (NYSE:SHW) by 11.5% during the 1st quarter, HoldingsChannel reports. The firm owned 80,767 shares of the specialty chemicals company’s stock after acquiring an additional 8,341 shares during the quarter. Sherwin-Williams accounts for about 0.6% of Arbejdsmarkedets Tillaegspension’s investment portfolio, making the stock its 24th largest holding. Arbejdsmarkedets Tillaegspension’s holdings in Sherwin-Williams were worth $25,890,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Ares Financial Consulting LLC purchased a new position in Sherwin-Williams during the 4th quarter valued at approximately $27,000. Lloyd Advisory Services LLC. purchased a new stake in shares of Sherwin-Williams during the 4th quarter worth approximately $27,000. Whipplewood Advisors LLC purchased a new stake in shares of Sherwin-Williams during the 1st quarter worth approximately $28,000. Kemnay Advisory Services Inc. bought a new position in shares of Sherwin-Williams during the 4th quarter valued at approximately $30,000. Finally, Lodestone Wealth Management LLC bought a new position in shares of Sherwin-Williams during the 4th quarter valued at approximately $31,000. 77.67% of the stock is currently owned by hedge funds and other institutional investors.

Sherwin-Williams Stock Performance

Shares of Sherwin-Williams stock opened at $334.31 on Monday. The stock’s fifty day moving average is $318.45 and its two-hundred day moving average is $332.30. The company has a market capitalization of $82.45 billion, a PE ratio of 32.08, a price-to-earnings-growth ratio of 2.88 and a beta of 1.10. 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 52 week low of $289.86 and a 52 week high of $379.65.

Sherwin-Williams (NYSE:SHW) last released 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 during the quarter, compared to the consensus estimate of $5.56 billion. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.The business’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period last year, the company earned $2.25 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. As a group, analysts expect 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. Shareholders of record on Friday, May 22nd were given a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Friday, May 22nd. Sherwin-Williams’s payout ratio is 30.71%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on SHW shares. Bank of America reduced their price target on shares of Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 21st. BMO Capital Markets lifted their price objective on shares of Sherwin-Williams from $355.00 to $400.00 and gave the stock an “outperform” rating in a research note on Monday, July 6th. Berenberg Bank set a $380.00 target price on shares of Sherwin-Williams in a report on Monday, June 8th. JPMorgan Chase & Co. decreased their target price on shares of Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 29th. Finally, Weiss Ratings raised shares of Sherwin-Williams from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, July 2nd. Eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $374.38.

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.