Citizens Business Bank Purchases New Position in The Sherwin-Williams Company $SHW

Citizens Business Bank purchased a new stake in shares of The Sherwin-Williams Company (NYSE:SHW) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 13,268 shares of the specialty chemicals company’s stock, valued at approximately $4,253,000.

A number of other large investors have also added to or reduced their stakes in the company. Ares Financial Consulting LLC bought a new position in shares of Sherwin-Williams during the 4th quarter valued at approximately $27,000. Lloyd Advisory Services LLC. purchased a new stake in Sherwin-Williams during the fourth quarter valued at $27,000. Whipplewood Advisors LLC bought a new position in Sherwin-Williams during the first quarter valued at $28,000. Kemnay Advisory Services Inc. purchased a new position in shares of Sherwin-Williams in the 4th quarter worth $30,000. Finally, Lodestone Wealth Management LLC bought a new stake in shares of Sherwin-Williams in the 4th quarter worth about $31,000. Institutional investors own 77.67% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on SHW shares. Citigroup began coverage on Sherwin-Williams in a research report on Wednesday, June 24th. They issued an “overweight” rating for the company. JPMorgan Chase & Co. lowered their price objective on Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. Weiss Ratings raised Sherwin-Williams from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, July 2nd. Royal Bank Of Canada restated an “outperform” rating and set a $405.00 price target (up from $391.00) on shares of Sherwin-Williams in a report on Wednesday. Finally, Evercore restated an “outperform” rating on shares of Sherwin-Williams in a research report on Friday, May 8th. Eight analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $374.38.

Sherwin-Williams Stock Performance

Shares of Sherwin-Williams stock opened at $334.31 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 stock’s fifty day moving average is $318.45 and its two-hundred day moving average is $332.30. The Sherwin-Williams Company has a 52 week low of $289.86 and a 52 week high of $379.65. 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.

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%.

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.