Fjarde AP Fonden Fourth Swedish National Pension Fund decreased its position in The Sherwin-Williams Company (NYSE:SHW – Free Report) by 53.6% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 24,123 shares of the specialty chemicals company’s stock after selling 27,822 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Sherwin-Williams were worth $7,817,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. Ares Financial Consulting LLC purchased a new stake in shares of Sherwin-Williams in the fourth quarter valued at $27,000. Lloyd Advisory Services LLC. purchased a new stake in shares of Sherwin-Williams in the fourth quarter valued at $27,000. Lodestone Wealth Management LLC purchased a new stake in shares of Sherwin-Williams in the fourth quarter valued at $31,000. Rossby Financial LCC lifted its position in shares of Sherwin-Williams by 96.0% in the third quarter. Rossby Financial LCC now owns 98 shares of the specialty chemicals company’s stock valued at $33,000 after acquiring an additional 48 shares in the last quarter. Finally, JPL Wealth Management LLC purchased a new stake in shares of Sherwin-Williams in the third quarter valued at $45,000. Institutional investors and hedge funds own 77.67% of the company’s stock.
Analysts Set New Price Targets
Several analysts have recently issued reports on SHW shares. Zacks Research upgraded Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. Mizuho reduced their price objective on Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating on the stock in a research report on Monday, March 23rd. BMO Capital Markets set a $355.00 price objective on Sherwin-Williams and gave the company an “outperform” rating in a research report on Wednesday. UBS Group downgraded Sherwin-Williams from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $385.00 to $330.00 in a research report on Tuesday, June 2nd. Finally, Royal Bank Of Canada reduced their target price on Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating on the stock in a research report on Thursday, March 19th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $365.67.
Sherwin-Williams Price Performance
SHW stock opened at $305.21 on Monday. 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 Sherwin-Williams Company has a 1 year low of $289.86 and a 1 year high of $379.65. The firm has a market cap of $75.28 billion, a P/E ratio of 29.29, a price-to-earnings-growth ratio of 2.64 and a beta of 1.12. The stock has a 50-day simple moving average of $318.13 and a 200-day simple moving average of $332.83.
Sherwin-Williams (NYSE:SHW – Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share 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 analyst estimates of $5.56 billion. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.Sherwin-Williams’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter last year, the firm earned $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. On average, equities analysts predict that The Sherwin-Williams Company will post 11.74 earnings per share for the current fiscal year.
Sherwin-Williams Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were given a $0.80 dividend. The ex-dividend date was Friday, May 22nd. This represents a $3.20 annualized dividend and a dividend yield of 1.0%. Sherwin-Williams’s dividend payout ratio (DPR) is presently 30.71%.
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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