The Sherwin-Williams Company $SHW Shares Acquired by Kinsale Capital Group Inc.

Kinsale Capital Group Inc. grew its position in shares of The Sherwin-Williams Company (NYSE:SHW) by 24.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,450 shares of the specialty chemicals company’s stock after purchasing an additional 3,622 shares during the quarter. Kinsale Capital Group Inc.’s holdings in Sherwin-Williams were worth $5,914,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in SHW. Bartlett & CO. Wealth Management LLC boosted its holdings in Sherwin-Williams by 2.7% during the first quarter. Bartlett & CO. Wealth Management LLC now owns 3,275 shares of the specialty chemicals company’s stock worth $1,017,000 after buying an additional 87 shares in the last quarter. Kesler Norman & Wride LLC increased its holdings in Sherwin-Williams by 1.0% in the first quarter. Kesler Norman & Wride LLC now owns 4,540 shares of the specialty chemicals company’s stock valued at $1,455,000 after buying an additional 45 shares in the last quarter. Heartland Bank & Trust Co increased its holdings in Sherwin-Williams by 2.8% in the first quarter. Heartland Bank & Trust Co now owns 1,174 shares of the specialty chemicals company’s stock valued at $376,000 after buying an additional 32 shares in the last quarter. Kera Capital Partners Inc. raised its position in shares of Sherwin-Williams by 8.1% in the first quarter. Kera Capital Partners Inc. now owns 1,594 shares of the specialty chemicals company’s stock worth $511,000 after acquiring an additional 119 shares during the period. Finally, Gryphon Financial Partners LLC raised its position in shares of Sherwin-Williams by 19.6% in the first quarter. Gryphon Financial Partners LLC now owns 3,051 shares of the specialty chemicals company’s stock worth $978,000 after acquiring an additional 500 shares during the period. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Evercore restated an “outperform” rating on shares of Sherwin-Williams in a research report on Friday, May 8th. BMO Capital Markets upped their price target on Sherwin-Williams from $355.00 to $400.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. Berenberg Bank set a $380.00 price target on Sherwin-Williams in a research report on Monday, June 8th. Zacks Research raised Sherwin-Williams from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 31st. Finally, JPMorgan Chase & Co. cut their price objective on Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. Eight research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $374.38.

Sherwin-Williams Stock Performance

SHW opened at $331.57 on Friday. The firm’s fifty day simple moving average is $319.72 and its two-hundred day simple moving average is $332.48. The Sherwin-Williams Company has a 52-week low of $289.86 and a 52-week high of $379.65. The company has a market cap 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 quick ratio of 0.53, a current ratio of 0.86 and a debt-to-equity ratio of 2.10.

Sherwin-Williams (NYSE:SHW) last released 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. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The business had revenue of $5.67 billion during the quarter, compared to analysts’ expectations of $5.56 billion. During the same quarter in the previous 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 anticipate that The Sherwin-Williams Company will post 11.78 earnings per share for the current fiscal year.

Sherwin-Williams Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Investors 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 was Friday, May 22nd. Sherwin-Williams’s payout ratio is presently 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.