Employees Retirement System of Texas Buys Shares of 2,536 The Sherwin-Williams Company $SHW

Employees Retirement System of Texas bought a new position in The Sherwin-Williams Company (NYSE:SHW) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,536 shares of the specialty chemicals company’s stock, valued at approximately $822,000.

Other large investors have also made changes to their positions in the company. Ares Financial Consulting LLC bought a new position in shares of Sherwin-Williams in the 4th quarter worth approximately $27,000. Lloyd Advisory Services LLC. purchased a new stake in Sherwin-Williams during the fourth quarter valued at approximately $27,000. Lodestone Wealth Management LLC bought a new position in Sherwin-Williams in the fourth quarter worth approximately $31,000. Rossby Financial LCC raised its position 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. Finally, JPL Wealth Management LLC purchased a new position in shares of Sherwin-Williams during the 3rd quarter worth $45,000. 77.67% of the stock is currently owned by institutional investors.

Sherwin-Williams Trading Down 0.4%

Shares of SHW stock opened at $310.10 on Thursday. The Sherwin-Williams Company has a 52-week low of $294.32 and a 52-week 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. The firm has a market capitalization of $76.48 billion, a PE ratio of 29.76, a PEG ratio of 2.69 and a beta of 1.16. The stock has a fifty day simple moving average of $320.06 and a two-hundred day simple moving average of $334.74.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings data 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. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.The business had revenue of $5.67 billion for the quarter, compared to the consensus estimate of $5.56 billion. During the same period in the previous year, the business earned $2.25 earnings per share. The business’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, analysts predict that The Sherwin-Williams Company will post 11.74 EPS for the current fiscal year.

Sherwin-Williams Dividend Announcement

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

Wall Street Analyst Weigh In

Several research firms have recently commented on SHW. UBS Group reduced their price objective on Sherwin-Williams from $420.00 to $380.00 and set a “buy” rating for the company in a research note on Thursday, April 2nd. JPMorgan Chase & Co. cut their price target on Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. Weiss Ratings cut Sherwin-Williams from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, May 14th. Zacks Research raised Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. Finally, Mizuho cut their price objective on Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating for the company in a research note on Monday, March 23rd. Nine analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $375.33.

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.