The Sherwin-Williams Company $SHW Stock Holdings Reduced by Arax Advisory Partners

Arax Advisory Partners cut its holdings in The Sherwin-Williams Company (NYSE:SHW) by 43.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 7,438 shares of the specialty chemicals company’s stock after selling 5,751 shares during the quarter. Arax Advisory Partners’ holdings in Sherwin-Williams were worth $2,410,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Norges Bank bought a new stake in shares of Sherwin-Williams during the 4th quarter worth about $1,089,450,000. Viking Global Investors LP boosted its holdings in shares of Sherwin-Williams by 101.4% during 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 buying an additional 985,520 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Sherwin-Williams by 2.7% during the 4th quarter. Vanguard Group Inc. now owns 23,237,824 shares of the specialty chemicals company’s stock worth $7,529,752,000 after buying an additional 600,119 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Sherwin-Williams by 34.0% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,023,949 shares of the specialty chemicals company’s stock valued at $655,820,000 after buying an additional 513,126 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its holdings in Sherwin-Williams by 88.4% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 994,583 shares of the specialty chemicals company’s stock worth $322,275,000 after acquiring an additional 466,747 shares during the period. 77.67% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts have issued reports on the company. UBS Group lowered Sherwin-Williams from a “buy” rating to a “neutral” rating and lowered their target price for the company from $385.00 to $330.00 in a report on Tuesday, June 2nd. JPMorgan Chase & Co. dropped their target price on shares of Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 29th. Zacks Research upgraded shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. Weiss Ratings downgraded shares of Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 2nd. Finally, Bank of America dropped their price objective on shares of Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating on the stock in a report on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Sherwin-Williams presently has a consensus rating of “Moderate Buy” and an average target price of $366.77.

Sherwin-Williams Price Performance

Shares of SHW stock opened at $317.25 on Monday. The stock’s fifty day simple moving average is $317.14 and its 200 day simple moving average is $332.06. The Sherwin-Williams Company has a one year low of $289.86 and a one year high of $379.65. The firm has a market cap of $78.25 billion, a price-to-earnings ratio of 30.45, a P/E/G ratio of 2.74 and a beta of 1.12. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.86 and a quick ratio of 0.53.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share (EPS) for the quarter, topping the consensus estimate 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%.The business’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period in the prior year, the company posted $2.25 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. On average, analysts expect that The Sherwin-Williams Company will post 11.78 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 paid a $0.80 dividend. The ex-dividend date was Friday, May 22nd. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.0%. Sherwin-Williams’s 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.