2,536 Shares in The Sherwin-Williams Company $SHW Purchased by Employees Retirement System of Texas

Employees Retirement System of Texas purchased a new stake in shares of The Sherwin-Williams Company (NYSE:SHW) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 2,536 shares of the specialty chemicals company’s stock, valued at approximately $822,000.

Several other hedge funds have also bought and sold shares of the business. Viking Global Investors LP boosted its position in shares of Sherwin-Williams by 101.4% in the 2nd quarter. Viking Global Investors LP now owns 1,957,750 shares of the specialty chemicals company’s stock worth $672,213,000 after purchasing an additional 985,520 shares in the last quarter. Vanguard Group Inc. raised its stake in Sherwin-Williams by 2.7% during the fourth quarter. Vanguard Group Inc. now owns 23,237,824 shares of the specialty chemicals company’s stock valued at $7,529,752,000 after buying an additional 600,119 shares during the last quarter. Assenagon Asset Management S.A. raised its stake in Sherwin-Williams by 424.2% during the fourth quarter. Assenagon Asset Management S.A. now owns 547,583 shares of the specialty chemicals company’s stock valued at $177,433,000 after buying an additional 443,119 shares during the last quarter. Alyeska Investment Group L.P. bought a new stake in Sherwin-Williams in the third quarter worth $104,826,000. Finally, PBCay One RSC Ltd bought a new stake in Sherwin-Williams in the fourth quarter worth $92,275,000. Institutional investors own 77.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Bank of America reduced their price target on Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating for the company in a report on Tuesday, April 21st. Evercore reissued an “outperform” rating on shares of Sherwin-Williams in a research report on Friday, May 8th. Zacks Research upgraded shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. Citigroup decreased their target price on shares of Sherwin-Williams from $410.00 to $385.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. Finally, Mizuho cut their price target 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. Nine research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Sherwin-Williams currently has a consensus rating of “Moderate Buy” and an average price target of $375.33.

Sherwin-Williams Stock Down 0.4%

SHW stock opened at $310.10 on Thursday. The stock has a market capitalization of $76.48 billion, a P/E ratio of 29.76, a P/E/G ratio of 2.69 and a beta of 1.16. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.86 and a quick ratio of 0.53. The Sherwin-Williams Company has a 1-year low of $294.32 and a 1-year high of $379.65. The business has a fifty day moving average price of $320.06 and a 200-day moving average price of $334.74.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 EPS for the quarter, beating the consensus estimate of $2.27 by $0.08. The company had revenue of $5.67 billion for the quarter, compared to analysts’ expectations of $5.56 billion. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.Sherwin-Williams’s revenue was up 6.9% compared to the same quarter last year. During the same period last year, the firm posted $2.25 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Equities analysts forecast that The Sherwin-Williams Company will post 11.74 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 22nd will be given a dividend of $0.80 per share. The ex-dividend date is Friday, May 22nd. This represents a $3.20 dividend on an annualized basis and a yield of 1.0%. Sherwin-Williams’s dividend 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.