Wilson Asset Management International PTY Ltd. Lowers Holdings in The Sherwin-Williams Company $SHW

Wilson Asset Management International PTY Ltd. decreased its position in The Sherwin-Williams Company (NYSE:SHW) by 41.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 12,451 shares of the specialty chemicals company’s stock after selling 8,871 shares during the period. Sherwin-Williams accounts for about 1.0% of Wilson Asset Management International PTY Ltd.’s investment portfolio, making the stock its 27th biggest position. Wilson Asset Management International PTY Ltd.’s holdings in Sherwin-Williams were worth $4,034,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the company. Ares Financial Consulting LLC purchased a new stake in Sherwin-Williams in the fourth quarter worth about $27,000. Lodestone Wealth Management LLC purchased a new stake in Sherwin-Williams in the fourth quarter worth about $31,000. Rossby Financial LCC lifted its stake in Sherwin-Williams by 96.0% in the third quarter. Rossby Financial LCC now owns 98 shares of the specialty chemicals company’s stock worth $33,000 after acquiring an additional 48 shares during the period. Steigerwald Gordon & Koch Inc. purchased a new stake in Sherwin-Williams in the third quarter worth about $42,000. Finally, Barnes Dennig Private Wealth Management LLC lifted its stake in Sherwin-Williams by 42.4% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 131 shares of the specialty chemicals company’s stock worth $45,000 after acquiring an additional 39 shares during the period. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Insider Activity at Sherwin-Williams

In other news, SVP Bryan J. Young sold 2,513 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $364.47, for a total transaction of $915,913.11. Following the completion of the sale, the senior vice president owned 10,045 shares in the company, valued at approximately $3,661,101.15. This represents a 20.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.23% of the company’s stock.

Sherwin-Williams Stock Performance

SHW stock opened at $312.39 on Wednesday. The firm has a market cap of $77.05 billion, a price-to-earnings ratio of 29.98, a PEG ratio of 2.69 and a beta of 1.16. The firm has a 50-day simple moving average of $330.32 and a two-hundred day simple moving average of $337.96. The Sherwin-Williams Company has a one year low of $301.58 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 EPS for the quarter, beating the consensus estimate of $2.27 by $0.08. The business had revenue of $5.67 billion during the quarter, compared to analyst estimates of $5.56 billion. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The company’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the firm posted $2.25 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. On average, equities analysts forecast that The Sherwin-Williams Company will post 11.74 EPS for the current fiscal year.

Sherwin-Williams Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 22nd will be issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Friday, May 22nd. Sherwin-Williams’s dividend payout ratio is currently 30.71%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on SHW. Mizuho lowered 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. Zacks Research raised shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. Deutsche Bank Aktiengesellschaft lowered Sherwin-Williams from a “buy” rating to a “hold” rating and set a $380.00 target price for the company. in a report on Thursday, January 22nd. Citigroup lowered their target price on Sherwin-Williams from $410.00 to $385.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. Finally, UBS Group lowered their target price on Sherwin-Williams from $420.00 to $380.00 and set a “buy” rating for the company in a report on Thursday, April 2nd. Ten research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $375.33.

About Sherwin-Williams

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.