Arrowstreet Capital Limited Partnership Grows Position in The Sherwin-Williams Company $SHW

Arrowstreet Capital Limited Partnership lifted its position in shares of The Sherwin-Williams Company (NYSE:SHW) by 3.3% during the 1st quarter, HoldingsChannel reports. The firm owned 1,027,761 shares of the specialty chemicals company’s stock after acquiring an additional 33,178 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Sherwin-Williams were worth $329,449,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wilkerson Advisory Group LLC boosted its holdings 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 worth $25,000 after acquiring an additional 50 shares in the last quarter. Ares Financial Consulting LLC purchased a new stake in shares of Sherwin-Williams in the fourth quarter worth $27,000. Lloyd Advisory Services LLC. bought a new position in shares of Sherwin-Williams during the fourth quarter valued at $27,000. Whipplewood Advisors LLC purchased a new position in shares of Sherwin-Williams in the 1st quarter worth about $28,000. Finally, Kemnay Advisory Services Inc. purchased a new position in shares of Sherwin-Williams in the 4th quarter worth about $30,000. 77.67% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts recently commented on the stock. UBS Group downgraded shares of Sherwin-Williams from a “buy” rating to a “neutral” rating and cut their price objective for the company from $385.00 to $330.00 in a research report on Tuesday, June 2nd. Citigroup initiated coverage on shares of Sherwin-Williams in a report on Wednesday, June 24th. They issued an “overweight” rating for the company. Weiss Ratings downgraded shares of Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, July 17th. Wells Fargo & Company cut their price target on shares of Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 29th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $405.00 price target (up from $391.00) on shares of Sherwin-Williams in a research report on Wednesday, July 8th. Seven investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $373.92.

Sherwin-Williams Price Performance

NYSE SHW opened at $310.39 on Friday. The Sherwin-Williams Company has a one year low of $289.86 and a one year high of $379.65. The stock has a 50-day moving average of $320.37 and a 200 day moving average of $332.32. 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 $76.56 billion, a price-to-earnings ratio of 29.79, a PEG ratio of 2.48 and a beta of 1.10.

Sherwin-Williams (NYSE:SHW) last posted its earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share (EPS) for the quarter, beating 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 business had revenue of $5.67 billion for the quarter, compared to analysts’ expectations of $5.56 billion. During the same quarter in the prior year, the business earned $2.25 EPS. The business’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. On average, sell-side analysts forecast that The Sherwin-Williams Company will post 11.78 EPS for the current year.

Sherwin-Williams Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 21st will be issued a $0.80 dividend. The ex-dividend date is Friday, August 21st. This represents a $3.20 annualized dividend and a yield of 1.0%. Sherwin-Williams’s dividend payout ratio (DPR) is currently 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.