Beese Fulmer Investment Management Inc. Boosts Holdings in The Sherwin-Williams Company $SHW

Beese Fulmer Investment Management Inc. lifted its stake in The Sherwin-Williams Company (NYSE:SHW) by 99.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,056 shares of the specialty chemicals company’s stock after purchasing an additional 12,016 shares during the period. Beese Fulmer Investment Management Inc.’s holdings in Sherwin-Williams were worth $7,795,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in shares of Sherwin-Williams by 2.7% in the 4th quarter. Vanguard Group Inc. now owns 23,237,824 shares of the specialty chemicals company’s stock worth $7,529,752,000 after purchasing an additional 600,119 shares during the period. Capital Research Global Investors lifted its position in shares of Sherwin-Williams by 0.3% in the 3rd quarter. Capital Research Global Investors now owns 3,432,977 shares of the specialty chemicals company’s stock worth $1,188,698,000 after purchasing an additional 11,560 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Sherwin-Williams by 0.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,052,021 shares of the specialty chemicals company’s stock worth $1,056,811,000 after purchasing an additional 12,715 shares during the period. Viking Global Investors LP lifted its position in shares of Sherwin-Williams by 47.2% in the 3rd quarter. Viking Global Investors LP now owns 2,881,091 shares of the specialty chemicals company’s stock worth $997,607,000 after purchasing an additional 923,341 shares during the period. Finally, Capital International Investors lifted its position in shares of Sherwin-Williams by 2.0% in the 3rd quarter. Capital International Investors now owns 2,675,299 shares of the specialty chemicals company’s stock worth $926,249,000 after purchasing an additional 52,322 shares during the period. 77.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

SHW has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft cut shares of Sherwin-Williams from a “buy” rating to a “hold” rating and set a $380.00 target price for the company. in a research report on Thursday, January 22nd. Citigroup dropped their target price on shares of Sherwin-Williams from $410.00 to $385.00 and set a “buy” rating for the company in a research report on Wednesday, April 1st. Zacks Research raised shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. Mizuho dropped their target price on shares of Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating for the company in a research report on Monday, March 23rd. Finally, Wells Fargo & Company decreased their price target 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. Nine analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $375.33.

Sherwin-Williams Stock Down 2.8%

Shares of Sherwin-Williams stock opened at $300.43 on Friday. 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 company has a 50-day moving average of $323.12 and a 200 day moving average of $336.79. The firm has a market cap of $74.10 billion, a price-to-earnings ratio of 28.83, a PEG ratio of 2.60 and a beta of 1.16. The Sherwin-Williams Company has a 1 year low of $300.05 and a 1 year high of $379.65.

Sherwin-Williams (NYSE:SHW) last issued its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.27 by $0.08. The company had revenue of $5.67 billion during 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%. Sherwin-Williams’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period last year, the business earned $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. As a group, sell-side analysts anticipate that The Sherwin-Williams Company will post 11.74 earnings per share 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. Investors of record on Friday, May 22nd will be paid a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Friday, May 22nd. Sherwin-Williams’s dividend payout ratio (DPR) is presently 30.71%.

Insider Activity

In related news, SVP Bryan J. Young sold 2,513 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $364.47, for a total value of $915,913.11. Following the completion of the transaction, the senior vice president directly owned 10,045 shares in the company, valued at $3,661,101.15. This trade represents a 20.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.23% of the stock is currently owned by insiders.

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.