SG Americas Securities LLC Boosts Stake in The Sherwin-Williams Company $SHW

SG Americas Securities LLC grew its stake in The Sherwin-Williams Company (NYSE:SHW) by 195.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 80,179 shares of the specialty chemicals company’s stock after acquiring an additional 53,028 shares during the quarter. SG Americas Securities LLC’s holdings in Sherwin-Williams were worth $25,701,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Ares Financial Consulting LLC purchased a new stake in shares of Sherwin-Williams during the fourth quarter valued at about $27,000. Lloyd Advisory Services LLC. bought a new position in shares of Sherwin-Williams during the 4th quarter worth approximately $27,000. Kemnay Advisory Services Inc. purchased a new stake in Sherwin-Williams during the fourth quarter valued at approximately $30,000. Lodestone Wealth Management LLC acquired a new stake in Sherwin-Williams in the fourth quarter valued at approximately $31,000. Finally, Meeder Asset Management Inc. acquired a new stake in Sherwin-Williams in the fourth quarter valued at approximately $33,000. 77.67% of the stock is currently owned by hedge funds and other institutional investors.

Sherwin-Williams Trading Up 3.2%

NYSE:SHW opened at $333.09 on Thursday. The company has a market capitalization of $82.15 billion, a P/E ratio of 31.97, a PEG ratio of 2.79 and a beta of 1.12. 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 firm has a fifty day simple moving average of $316.44 and a 200-day simple moving average of $330.98.

Sherwin-Williams (NYSE:SHW) last released 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 return on equity of 64.55% and a net margin of 10.86%.The firm had revenue of $5.67 billion for the quarter, compared to the consensus estimate of $5.56 billion. During the same period in the prior year, the firm earned $2.25 EPS. The firm’s revenue was up 6.9% on a year-over-year basis. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. On average, equities research analysts anticipate that The Sherwin-Williams Company will post 11.77 earnings per share for the current year.

Sherwin-Williams Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 22nd were issued a dividend of $0.80 per share. The ex-dividend date of this dividend 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%.

Analyst Upgrades and Downgrades

SHW has been the topic of a number of recent analyst reports. Zacks Research raised Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. BMO Capital Markets set a $355.00 target price on Sherwin-Williams and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. Mizuho reduced their target price 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. Weiss Ratings cut Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 2nd. Finally, Bank of America lowered 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. Eight research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, Sherwin-Williams presently has an average rating of “Moderate Buy” and an average price target of $368.69.

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.