Capital Research Global Investors Sells 155,675 Shares of The Sherwin-Williams Company $SHW

Capital Research Global Investors reduced its holdings in The Sherwin-Williams Company (NYSE:SHW) by 4.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 3,277,302 shares of the specialty chemicals company’s stock after selling 155,675 shares during the quarter. Capital Research Global Investors’ holdings in Sherwin-Williams were worth $1,061,954,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Ares Financial Consulting LLC bought a new position in shares of Sherwin-Williams in the 4th quarter valued at about $27,000. Lloyd Advisory Services LLC. bought a new position in Sherwin-Williams in the fourth quarter valued at approximately $27,000. Lodestone Wealth Management LLC bought a new stake in Sherwin-Williams in the fourth quarter valued at approximately $31,000. Rossby Financial LCC raised 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 valued at $33,000 after buying an additional 48 shares during the period. Finally, JPL Wealth Management LLC bought a new stake in Sherwin-Williams in the third quarter valued at approximately $45,000. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently commented on SHW shares. Bank of America decreased their target price on Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 21st. UBS Group downgraded Sherwin-Williams from a “buy” rating to a “neutral” rating and decreased their target price for the company from $385.00 to $330.00 in a research report on Tuesday, June 2nd. Wells Fargo & Company decreased their target price on Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 29th. Royal Bank Of Canada cut their price target on Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating for the company in a research note on Thursday, March 19th. Finally, Weiss Ratings cut Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $365.67.

Sherwin-Williams Stock Up 1.7%

NYSE SHW opened at $305.21 on Friday. The business has a fifty day moving average price of $318.13 and a two-hundred day moving average price of $332.79. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.86 and a quick ratio of 0.53. The Sherwin-Williams Company has a fifty-two week low of $289.86 and a fifty-two week high of $379.65. The stock has a market capitalization of $75.28 billion, a PE ratio of 29.29, a PEG ratio of 2.64 and a beta of 1.12.

Sherwin-Williams (NYSE:SHW) last released its earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share for the quarter, topping 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 firm had revenue of $5.67 billion during the quarter, compared to analysts’ expectations of $5.56 billion. During the same period in the prior year, the company earned $2.25 earnings per share. The company’s quarterly 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. Equities analysts expect that The Sherwin-Williams Company will post 11.74 earnings per share for the current fiscal year.

Sherwin-Williams Announces Dividend

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

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.