The Sherwin-Williams Company $SHW Shares Sold by Copeland Capital Management LLC

Copeland Capital Management LLC cut its stake in The Sherwin-Williams Company (NYSE:SHW) by 97.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,027 shares of the specialty chemicals company’s stock after selling 36,415 shares during the period. Copeland Capital Management LLC’s holdings in Sherwin-Williams were worth $329,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Lloyd Advisory Services LLC. purchased a new position in shares of Sherwin-Williams in the 4th quarter valued at about $27,000. Ares Financial Consulting LLC acquired a new position in shares of Sherwin-Williams during the fourth quarter worth about $27,000. Whipplewood Advisors LLC purchased a new stake in shares of Sherwin-Williams during the first quarter worth approximately $28,000. Kemnay Advisory Services Inc. purchased a new stake in shares of Sherwin-Williams during the fourth quarter worth approximately $30,000. Finally, Lodestone Wealth Management LLC acquired a new stake in Sherwin-Williams in the fourth quarter valued at approximately $31,000. 77.67% of the stock is owned by institutional investors and hedge funds.

Sherwin-Williams Price Performance

Shares of NYSE SHW opened at $331.57 on Friday. The stock’s 50-day simple moving average is $319.72 and its 200-day simple moving average is $332.48. The firm has a market capitalization of $81.78 billion, a PE ratio of 31.82, a price-to-earnings-growth ratio of 2.86 and a beta of 1.10. The Sherwin-Williams Company has a fifty-two week low of $289.86 and a fifty-two week 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.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.27 by $0.08. The firm 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 firm’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the prior year, the company posted $2.25 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. As a group, equities research analysts forecast that The Sherwin-Williams Company will post 11.78 EPS for the current fiscal 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 given a dividend of $0.80 per share. 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 payout ratio is currently 30.71%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on SHW shares. Bank of America decreased their price target on shares of Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating for the company in a research note on Tuesday, April 21st. JPMorgan Chase & Co. dropped their price objective 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. Mizuho reduced their price objective on shares of Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating on the stock in a report on Monday, March 23rd. Zacks Research raised shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. Finally, Evercore reiterated an “outperform” rating on shares of Sherwin-Williams in a research note on Friday, May 8th. Eight equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, Sherwin-Williams has an average rating of “Moderate Buy” and a consensus 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.