Andra AP fonden Purchases 14,360 Shares of The Sherwin-Williams Company $SHW

Andra AP fonden boosted its position in shares of The Sherwin-Williams Company (NYSE:SHW) by 23.5% during the 1st quarter, HoldingsChannel reports. The firm owned 75,380 shares of the specialty chemicals company’s stock after buying an additional 14,360 shares during the period. Andra AP fonden’s holdings in Sherwin-Williams were worth $24,163,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Wilkerson Advisory Group LLC grew its position in shares of Sherwin-Williams by 172.4% during the 1st quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company’s stock worth $25,000 after buying an additional 50 shares in the last quarter. Ares Financial Consulting LLC bought a new stake in shares of Sherwin-Williams in the fourth quarter valued at about $27,000. Lloyd Advisory Services LLC. bought a new stake in shares of Sherwin-Williams in the fourth quarter valued at about $27,000. Whipplewood Advisors LLC purchased a new stake in Sherwin-Williams in the first quarter worth about $28,000. Finally, Kemnay Advisory Services Inc. bought a new position in Sherwin-Williams during the 4th quarter worth about $30,000. 77.67% of the stock is owned by institutional investors.

Sherwin-Williams Stock Performance

Shares of Sherwin-Williams stock opened at $323.98 on Tuesday. The company has a market capitalization of $79.91 billion, a PE ratio of 31.09, a P/E/G ratio of 2.86 and a beta of 1.10. The company has a 50-day simple moving average of $319.95 and a two-hundred day simple moving average of $332.52. The Sherwin-Williams Company has a one year low of $289.86 and a one year high of $379.65. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.53 and a current ratio of 0.86.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings results 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 business had revenue of $5.67 billion for the quarter, compared to analysts’ expectations of $5.56 billion. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The company’s revenue was up 6.9% compared to the same quarter last year. During the same period last year, the business earned $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Research analysts expect that The Sherwin-Williams Company will post 11.78 EPS for the current fiscal year.

Sherwin-Williams Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 22nd were issued a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Friday, May 22nd. Sherwin-Williams’s payout ratio is currently 30.71%.

Analyst Upgrades and Downgrades

SHW has been the topic of a number of research reports. Weiss Ratings downgraded shares of Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday. UBS Group cut shares of Sherwin-Williams from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $385.00 to $330.00 in a research report on Tuesday, June 2nd. Citigroup started coverage on shares of Sherwin-Williams in a research note on Wednesday, June 24th. They set an “overweight” rating on the stock. Mizuho reduced their price objective on shares of Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating for the company in a research note on Monday, March 23rd. Finally, Zacks Research raised shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. Eight research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $374.38.

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.