TD Asset Management Inc Purchases 19,870 Shares of The Sherwin-Williams Company $SHW

TD Asset Management Inc boosted its position in The Sherwin-Williams Company (NYSE:SHW) by 10.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 213,036 shares of the specialty chemicals company’s stock after purchasing an additional 19,870 shares during the period. TD Asset Management Inc’s holdings in Sherwin-Williams were worth $69,030,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in SHW. Ares Financial Consulting LLC bought a new stake in Sherwin-Williams in the fourth quarter worth about $27,000. Lloyd Advisory Services LLC. bought a new stake in Sherwin-Williams in the fourth quarter worth about $27,000. Lodestone Wealth Management LLC bought 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 purchasing an additional 48 shares during the last quarter. Finally, JPL Wealth Management LLC bought a new stake in Sherwin-Williams in the third quarter worth about $45,000. Institutional investors own 77.67% of the company’s stock.

Wall Street Analysts Forecast Growth

SHW has been the subject of several analyst reports. Zacks Research raised shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. Citigroup initiated coverage on shares of Sherwin-Williams in a research note on Thursday. They issued a “buy” rating and a $355.00 price objective for the company. JPMorgan Chase & Co. decreased their price objective on shares of Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. Wells Fargo & Company decreased their price objective on shares of Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 29th. Finally, Mizuho reduced their target price on shares of Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating on the stock in a research report on Monday, March 23rd. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $365.67.

Sherwin-Williams Stock Performance

Shares of NYSE:SHW opened at $305.21 on Friday. The firm has a market cap of $75.28 billion, a PE ratio of 29.29, a price-to-earnings-growth ratio of 2.60 and a beta of 1.12. The firm’s 50 day simple moving average is $318.13 and its 200-day simple moving average is $332.79. 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 issued its earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 EPS for the quarter, topping analysts’ consensus estimates of $2.27 by $0.08. The business had revenue of $5.67 billion for 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% compared to the same quarter last year. During the same period last year, the company posted $2.25 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. As a group, equities analysts predict that The Sherwin-Williams Company will post 11.74 EPS for the current year.

Sherwin-Williams Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were given a dividend of $0.80 per share. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.0%. Sherwin-Williams’s dividend payout ratio (DPR) is 30.71%.

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.