Tucker Asset Management LLC Invests $777,000 in The Sherwin-Williams Company $SHW

Tucker Asset Management LLC purchased a new position in The Sherwin-Williams Company (NYSE:SHW) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,398 shares of the specialty chemicals company’s stock, valued at approximately $777,000. Sherwin-Williams makes up about 0.2% of Tucker Asset Management LLC’s holdings, making the stock its 28th largest position.

A number of other institutional investors also recently bought and sold shares of SHW. Viking Global Investors LP raised its stake in Sherwin-Williams by 101.4% during the second quarter. Viking Global Investors LP now owns 1,957,750 shares of the specialty chemicals company’s stock worth $672,213,000 after purchasing an additional 985,520 shares during the period. Vanguard Group Inc. raised its stake in Sherwin-Williams by 2.7% during the fourth 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. Assenagon Asset Management S.A. raised its stake in Sherwin-Williams by 424.2% during the fourth quarter. Assenagon Asset Management S.A. now owns 547,583 shares of the specialty chemicals company’s stock worth $177,433,000 after purchasing an additional 443,119 shares during the period. Alyeska Investment Group L.P. purchased a new position in Sherwin-Williams during the third quarter worth about $104,826,000. Finally, PBCay One RSC Ltd purchased a new position in Sherwin-Williams during the fourth quarter worth about $92,275,000. 77.67% of the stock is owned by hedge funds and other institutional investors.

Sherwin-Williams Trading Up 0.1%

Shares of SHW stock opened at $300.43 on Monday. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.53 and a current ratio of 0.86. The stock has a market capitalization of $74.10 billion, a P/E ratio of 28.83, a price-to-earnings-growth ratio of 2.60 and a beta of 1.16. The company has a 50 day moving average price of $323.12 and a 200 day moving average price of $336.80. The Sherwin-Williams Company has a fifty-two week low of $300.05 and a fifty-two week high of $379.65.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share for the quarter, beating analysts’ consensus estimates of $2.27 by $0.08. The firm had revenue of $5.67 billion during the quarter, compared to analysts’ expectations of $5.56 billion. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The business’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.25 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Equities research analysts predict that The Sherwin-Williams Company will post 11.74 EPS for the current fiscal year.

Sherwin-Williams Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 22nd will be issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 1.1%. The ex-dividend date is Friday, May 22nd. Sherwin-Williams’s payout ratio is 30.71%.

Insider Buying and Selling

In other Sherwin-Williams news, SVP Bryan J. Young sold 2,513 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $364.47, for a total transaction of $915,913.11. Following the completion of the transaction, the senior vice president owned 10,045 shares in the company, valued at $3,661,101.15. The trade was a 20.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.23% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on SHW shares. UBS Group dropped their price target on shares of Sherwin-Williams from $420.00 to $380.00 and set a “buy” rating for the company in a research report on Thursday, April 2nd. Wells Fargo & Company dropped 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 report on Wednesday, April 29th. Mizuho dropped their price target 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. Citigroup dropped their price target 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. Finally, Evercore reiterated an “outperform” rating on shares of Sherwin-Williams in a research report on Friday, May 8th. Nine analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Sherwin-Williams currently has a consensus rating of “Moderate Buy” and a consensus target price of $375.33.

Sherwin-Williams 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.