Mn Services Vermogensbeheer B.V. Has $30.64 Million Stake in The Sherwin-Williams Company $SHW

Mn Services Vermogensbeheer B.V. decreased its holdings in shares of The Sherwin-Williams Company (NYSE:SHW) by 0.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 89,236 shares of the specialty chemicals company’s stock after selling 200 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Sherwin-Williams were worth $30,640,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Moors & Cabot Inc. grew its position in shares of Sherwin-Williams by 0.4% during the 1st quarter. Moors & Cabot Inc. now owns 9,016 shares of the specialty chemicals company’s stock worth $3,148,000 after buying an additional 39 shares during the period. Ransom Advisory Ltd acquired a new stake in shares of Sherwin-Williams in the 1st quarter valued at approximately $515,000. Kingswood Wealth Advisors LLC raised its position in shares of Sherwin-Williams by 25.0% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 1,006 shares of the specialty chemicals company’s stock valued at $352,000 after acquiring an additional 201 shares during the period. Sowell Financial Services LLC acquired a new stake in shares of Sherwin-Williams in the 1st quarter valued at approximately $306,000. Finally, Wealthcare Advisory Partners LLC raised its position in shares of Sherwin-Williams by 18.4% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 882 shares of the specialty chemicals company’s stock valued at $308,000 after acquiring an additional 137 shares during the period. Institutional investors and hedge funds own 77.67% of the company’s stock.

Sherwin-Williams Price Performance

Shares of SHW opened at $350.39 on Thursday. The company has a market cap of $87.36 billion, a price-to-earnings ratio of 34.76, a PEG ratio of 2.93 and a beta of 1.18. The Sherwin-Williams Company has a 1-year low of $308.84 and a 1-year high of $400.42. The company’s fifty day simple moving average is $354.58 and its 200 day simple moving average is $349.10. The company has a current ratio of 0.78, a quick ratio of 0.48 and a debt-to-equity ratio of 1.78.

Sherwin-Williams (NYSE:SHW) last issued its earnings results on Tuesday, July 22nd. The specialty chemicals company reported $3.38 earnings per share for the quarter, missing analysts’ consensus estimates of $3.76 by ($0.38). The firm had revenue of $6.31 billion for the quarter, compared to analyst estimates of $6.31 billion. Sherwin-Williams had a return on equity of 66.91% and a net margin of 11.03%.Sherwin-Williams’s quarterly revenue was up .6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.70 earnings per share. Sherwin-Williams has set its FY 2025 guidance at 11.200-11.500 EPS. On average, research analysts forecast that The Sherwin-Williams Company will post 12 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, September 5th. Investors of record on Friday, August 15th were issued a dividend of $0.79 per share. This represents a $3.16 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Friday, August 15th. Sherwin-Williams’s payout ratio is presently 31.35%.

Insiders Place Their Bets

In other Sherwin-Williams news, insider Justin T. Binns sold 609 shares of Sherwin-Williams stock in a transaction on Monday, August 25th. The shares were sold at an average price of $368.82, for a total transaction of $224,611.38. Following the completion of the transaction, the insider directly owned 17,922 shares of the company’s stock, valued at $6,609,992.04. The trade was a 3.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO James P. Lang sold 860 shares of Sherwin-Williams stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of $350.35, for a total transaction of $301,301.00. Following the transaction, the chief accounting officer directly owned 377 shares of the company’s stock, valued at approximately $132,081.95. This trade represents a 69.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.60% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

SHW has been the topic of a number of analyst reports. BMO Capital Markets cut their price target on shares of Sherwin-Williams from $405.00 to $391.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 23rd. UBS Group cut their price target on shares of Sherwin-Williams from $410.00 to $395.00 and set a “buy” rating on the stock in a research report on Wednesday, July 23rd. Loop Capital cut their price target on shares of Sherwin-Williams from $395.00 to $380.00 and set a “buy” rating on the stock in a research report on Wednesday, July 23rd. Wells Fargo & Company dropped their target price on shares of Sherwin-Williams from $420.00 to $400.00 and set an “overweight” rating on the stock in a report on Wednesday, July 23rd. Finally, Mizuho dropped their target price on shares of Sherwin-Williams from $400.00 to $385.00 and set an “outperform” rating on the stock in a report on Wednesday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $387.27.

Sherwin-Williams Company Profile

The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coating, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: Paint Stores Group, Consumer Brands Group, and Performance Coatings Group.