Sava Infond d.o.o. Invests $69,000 in The Sherwin-Williams Company $SHW

Sava Infond d.o.o. acquired a new position in shares of The Sherwin-Williams Company (NYSE:SHW) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 200 shares of the specialty chemicals company’s stock, valued at approximately $69,000.

Several other hedge funds have also bought and sold shares of the company. Opal Wealth Advisors LLC lifted its stake in Sherwin-Williams by 4.2% in the 1st quarter. Opal Wealth Advisors LLC now owns 791 shares of the specialty chemicals company’s stock valued at $276,000 after purchasing an additional 32 shares during the last quarter. Nicolet Advisory Services LLC lifted its stake in Sherwin-Williams by 3.1% in the 1st quarter. Nicolet Advisory Services LLC now owns 1,096 shares of the specialty chemicals company’s stock valued at $362,000 after purchasing an additional 33 shares during the last quarter. Integrated Wealth Concepts LLC lifted its stake in Sherwin-Williams by 1.3% in the 1st quarter. Integrated Wealth Concepts LLC now owns 2,655 shares of the specialty chemicals company’s stock valued at $927,000 after purchasing an additional 33 shares during the last quarter. CBIZ Investment Advisory Services LLC lifted its stake in Sherwin-Williams by 41.8% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 112 shares of the specialty chemicals company’s stock valued at $39,000 after purchasing an additional 33 shares during the last quarter. Finally, Beacon Financial Group lifted its stake in Sherwin-Williams by 5.1% in the 2nd quarter. Beacon Financial Group now owns 684 shares of the specialty chemicals company’s stock valued at $235,000 after purchasing an additional 33 shares during the last quarter. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

SHW has been the subject of several recent analyst reports. UBS Group cut their target price on shares of Sherwin-Williams from $410.00 to $395.00 and set a “buy” rating for the company in a research note on Wednesday, July 23rd. Citigroup reduced their price objective on Sherwin-Williams from $385.00 to $375.00 and set a “neutral” rating for the company in a report on Wednesday, July 23rd. BMO Capital Markets decreased their target price on Sherwin-Williams from $405.00 to $391.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 23rd. Weiss Ratings reissued a “buy (b-)” rating on shares of Sherwin-Williams in a report on Saturday, September 27th. Finally, Evercore ISI lifted their price target on Sherwin-Williams from $380.00 to $400.00 and gave the stock an “outperform” rating in a report on Tuesday, August 26th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $387.27.

Sherwin-Williams Stock Performance

Shares of NYSE:SHW opened at $346.80 on Friday. The company’s 50 day simple moving average is $355.10 and its 200 day simple moving average is $348.59. The stock has a market capitalization of $86.47 billion, a price-to-earnings ratio of 34.40, a price-to-earnings-growth ratio of 2.88 and a beta of 1.20. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.78 and a quick ratio of 0.48. The Sherwin-Williams Company has a 1 year low of $308.84 and a 1 year high of $400.42.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings data on Tuesday, July 22nd. The specialty chemicals company reported $3.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.76 by ($0.38). The firm had revenue of $6.31 billion during the quarter, compared to the consensus estimate of $6.31 billion. Sherwin-Williams had a net margin of 11.03% and a return on equity of 66.91%. The business’s revenue was up .6% compared to the same quarter last year. During the same period last year, the business earned $3.70 earnings per share. Sherwin-Williams has set its FY 2025 guidance at 11.200-11.500 EPS. As a group, research analysts predict that The Sherwin-Williams Company will post 12 EPS for the current fiscal year.

Sherwin-Williams Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 5th. Stockholders 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 dividend yield of 0.9%. The ex-dividend date was Friday, August 15th. Sherwin-Williams’s payout ratio is 31.35%.

Insiders Place Their Bets

In other news, CAO James P. Lang sold 860 shares of Sherwin-Williams stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $350.35, for a total transaction of $301,301.00. Following the transaction, the chief accounting officer owned 377 shares in the company, valued at approximately $132,081.95. The trade was a 69.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Justin T. Binns sold 609 shares of Sherwin-Williams stock in a transaction on Monday, August 25th. The stock was sold at an average price of $368.82, for a total transaction of $224,611.38. Following the transaction, the insider owned 17,922 shares in the company, valued at approximately $6,609,992.04. This trade represents a 3.29% decrease in their position. The disclosure for this sale can be found here. 0.60% of the stock is currently owned by insiders.

About Sherwin-Williams

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.