ABN Amro Investment Solutions grew its position in The Sherwin-Williams Company (NYSE:SHW – Free Report) by 4.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 88,135 shares of the specialty chemicals company’s stock after acquiring an additional 3,586 shares during the quarter. ABN Amro Investment Solutions’ holdings in Sherwin-Williams were worth $28,252,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also made changes to their positions in the company. Wilkerson Advisory Group LLC boosted its stake in Sherwin-Williams by 172.4% in the first quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company’s stock valued at $25,000 after acquiring an additional 50 shares during the period. Ares Financial Consulting LLC acquired a new stake in shares of Sherwin-Williams during the 4th quarter worth approximately $27,000. Lloyd Advisory Services LLC. acquired a new stake in shares of Sherwin-Williams during the 4th quarter worth approximately $27,000. Whipplewood Advisors LLC bought a new stake in shares of Sherwin-Williams in the 1st quarter worth approximately $28,000. Finally, Kemnay Advisory Services Inc. acquired a new position in Sherwin-Williams during the 4th quarter valued at approximately $30,000. 77.67% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of research analysts recently commented on the company. UBS Group downgraded Sherwin-Williams from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $385.00 to $330.00 in a research note on Tuesday, June 2nd. Weiss Ratings cut Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday. Wells Fargo & Company reduced their price target on shares of Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating for the company in a report on Wednesday, April 29th. BMO Capital Markets increased their price objective on shares of Sherwin-Williams from $355.00 to $400.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $405.00 price objective (up from $391.00) on shares of Sherwin-Williams in a report on Wednesday, July 8th. Eight analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Sherwin-Williams presently has a consensus rating of “Moderate Buy” and a consensus target price of $374.38.
Sherwin-Williams Trading Down 1.7%
Shares of NYSE:SHW opened at $317.99 on Wednesday. The company has a 50 day moving average of $320.08 and a 200-day moving average of $332.47. The company has a current ratio of 0.86, a quick ratio of 0.53 and a debt-to-equity ratio of 2.10. The firm has a market cap of $78.43 billion, a P/E ratio of 30.52, a P/E/G ratio of 2.51 and a beta of 1.10. The Sherwin-Williams Company has a twelve month low of $289.86 and a twelve month high of $379.65.
Sherwin-Williams (NYSE:SHW – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 EPS for the quarter, topping the consensus estimate of $2.27 by $0.08. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The firm had revenue of $5.67 billion for the quarter, compared to analysts’ expectations of $5.56 billion. During the same period in the previous year, the business earned $2.25 earnings per share. Sherwin-Williams’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. As a group, analysts anticipate that The Sherwin-Williams Company will post 11.78 earnings per share for the current fiscal year.
About Sherwin-Williams
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.
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