Public Employees Retirement Association of Colorado Sells 6,857 Shares of The Sherwin-Williams Company $SHW

Public Employees Retirement Association of Colorado lessened its position in The Sherwin-Williams Company (NYSE:SHW) by 1.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 372,284 shares of the specialty chemicals company’s stock after selling 6,857 shares during the quarter. Public Employees Retirement Association of Colorado owned about 0.15% of Sherwin-Williams worth $120,631,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of SHW. Norges Bank bought a new position in Sherwin-Williams during the fourth quarter worth $1,089,450,000. Viking Global Investors LP increased its position 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 acquiring an additional 985,520 shares during the period. Vanguard Group Inc. increased its position 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 acquiring an additional 600,119 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Sherwin-Williams by 34.0% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,023,949 shares of the specialty chemicals company’s stock worth $655,820,000 after acquiring an additional 513,126 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its position in Sherwin-Williams by 88.4% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 994,583 shares of the specialty chemicals company’s stock worth $322,275,000 after acquiring an additional 466,747 shares during the period. Institutional investors own 77.67% of the company’s stock.

Sherwin-Williams Stock Down 0.0%

SHW opened at $317.25 on Monday. The Sherwin-Williams Company has a fifty-two week low of $289.86 and a fifty-two week high of $379.65. 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 firm’s fifty day moving average price is $317.14 and its two-hundred day moving average price is $332.06. The company has a market capitalization of $78.25 billion, a P/E ratio of 30.45, a P/E/G ratio of 2.74 and a beta of 1.12.

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 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 firm had revenue of $5.67 billion for the quarter, compared to the consensus estimate of $5.56 billion. During the same quarter in the previous year, the company earned $2.25 earnings per share. The business’s 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. On average, analysts anticipate that The Sherwin-Williams Company will post 11.78 EPS for the current year.

Sherwin-Williams Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on SHW shares. Evercore reaffirmed an “outperform” rating on shares of Sherwin-Williams in a research report on Friday, May 8th. UBS Group lowered shares of Sherwin-Williams from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $385.00 to $330.00 in a research report on Tuesday, June 2nd. Mizuho dropped their target price on shares of Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating on the stock in a research report on Monday, March 23rd. Bank of America dropped their target price on shares of Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 21st. Finally, Zacks Research raised shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Sherwin-Williams currently has a consensus rating of “Moderate Buy” and an average price target of $366.77.

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.