Mediolanum International Funds Ltd Raises Stock Holdings in The Sherwin-Williams Company $SHW

Mediolanum International Funds Ltd boosted its position in shares of The Sherwin-Williams Company (NYSE:SHW) by 9.2% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 80,431 shares of the specialty chemicals company’s stock after buying an additional 6,779 shares during the quarter. Mediolanum International Funds Ltd’s holdings in Sherwin-Williams were worth $25,408,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Fideuram Asset Management Ireland dac bought a new position in Sherwin-Williams in the fourth quarter worth about $2,496,000. Westview Management dba Westview Investment Advisors bought a new stake in Sherwin-Williams during the 4th quarter valued at approximately $2,655,000. Calamos Advisors LLC boosted its position in Sherwin-Williams by 5.4% during the 4th quarter. Calamos Advisors LLC now owns 180,602 shares of the specialty chemicals company’s stock valued at $58,520,000 after acquiring an additional 9,196 shares in the last quarter. Kinsale Capital Group Inc. purchased a new position in shares of Sherwin-Williams during the 4th quarter worth approximately $4,805,000. Finally, Addenda Capital Inc. raised its position in shares of Sherwin-Williams by 148.6% in the 4th quarter. Addenda Capital Inc. now owns 26,254 shares of the specialty chemicals company’s stock worth $8,507,000 after acquiring an additional 15,693 shares in the last quarter. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Sherwin-Williams Price Performance

SHW stock opened at $331.57 on Friday. The firm has a 50 day moving average price of $319.72 and a 200-day moving average price of $332.48. The Sherwin-Williams Company has a 52-week low of $289.86 and a 52-week high of $379.65. The firm has a market capitalization of $81.78 billion, a price-to-earnings ratio of 31.82, a PEG ratio of 2.86 and a beta of 1.10. 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 posted its quarterly 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 company had revenue of $5.67 billion for the quarter, compared to the consensus estimate of $5.56 billion. During the same quarter in the prior year, the business posted $2.25 EPS. The firm’s quarterly revenue was up 6.9% compared to the same quarter last year. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Equities research analysts forecast that The Sherwin-Williams Company will post 11.78 EPS for the current fiscal year.

Sherwin-Williams Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research firms have recently commented on SHW. Evercore restated an “outperform” rating on shares of Sherwin-Williams in a research note on Friday, May 8th. Weiss Ratings cut Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday. Wells Fargo & Company decreased their price objective on Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating for the company in a report on Wednesday, April 29th. Royal Bank Of Canada reissued an “outperform” rating and set a $405.00 price objective (up from $391.00) on shares of Sherwin-Williams in a research report on Wednesday, July 8th. Finally, Zacks Research upgraded shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 31st. Eight analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $374.38.

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.