Arrowstreet Capital Limited Partnership Boosts Holdings in The Sherwin-Williams Company $SHW

Arrowstreet Capital Limited Partnership increased its holdings in The Sherwin-Williams Company (NYSE:SHW) by 88.4% during the fourth quarter, Holdings Channel reports. The firm owned 994,583 shares of the specialty chemicals company’s stock after acquiring an additional 466,747 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in Sherwin-Williams were worth $322,275,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Ares Financial Consulting LLC bought a new stake in Sherwin-Williams in the 4th quarter worth approximately $27,000. Lloyd Advisory Services LLC. purchased a new position in Sherwin-Williams during the 4th quarter valued at $27,000. Lodestone Wealth Management LLC purchased a new position in Sherwin-Williams during the 4th quarter valued at $31,000. Rossby Financial LCC boosted its holdings in Sherwin-Williams by 96.0% during the 3rd 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 during the period. Finally, Meeder Asset Management Inc. purchased a new position in Sherwin-Williams during the 4th quarter valued at $33,000. Institutional investors own 77.67% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Citigroup initiated coverage on Sherwin-Williams in a research report on Thursday, June 4th. They set a “buy” rating and a $355.00 price target on the stock. JPMorgan Chase & Co. reduced their target price on Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 29th. BMO Capital Markets set a $355.00 target price on Sherwin-Williams and gave the company an “outperform” rating in a research report on Wednesday, June 3rd. Berenberg Bank set a $380.00 price objective on Sherwin-Williams in a report on Monday, June 8th. Finally, Mizuho cut their price objective on Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating on the stock in a report on Monday, March 23rd. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $366.77.

Sherwin-Williams Stock Down 0.0%

Shares of SHW opened at $317.25 on Monday. 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 Sherwin-Williams Company has a 12 month low of $289.86 and a 12 month high of $379.65. The stock’s 50 day moving average is $317.14 and its two-hundred day moving average is $332.06. The firm has a market cap of $78.25 billion, a P/E ratio of 30.45, a PEG ratio of 2.74 and a beta of 1.12.

Sherwin-Williams (NYSE:SHW) last issued 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. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.The company had revenue of $5.67 billion for the quarter, compared to analyst estimates of $5.56 billion. During the same period last year, the company earned $2.25 earnings per share. Sherwin-Williams’s quarterly revenue 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. Analysts predict that The Sherwin-Williams Company will post 11.78 earnings per share for the current fiscal year.

Sherwin-Williams Announces Dividend

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. 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 dividend payout ratio (DPR) is 30.71%.

Sherwin-Williams 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.