10,468 Shares in The Sherwin-Williams Company $SHW Acquired by MidFirst Bank

MidFirst Bank bought a new position in shares of The Sherwin-Williams Company (NYSE:SHW) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 10,468 shares of the specialty chemicals company’s stock, valued at approximately $3,392,000.

Several other large investors have also added to or reduced their stakes in the company. Lloyd Advisory Services LLC. bought a new stake in shares of Sherwin-Williams during the 4th quarter valued at $27,000. Ares Financial Consulting LLC purchased a new position in shares of Sherwin-Williams during the 4th quarter valued at $27,000. Kemnay Advisory Services Inc. bought a new position in Sherwin-Williams in the 4th quarter worth $30,000. Lodestone Wealth Management LLC bought a new position in Sherwin-Williams in the 4th quarter worth $31,000. Finally, Rossby Financial LCC increased its stake in Sherwin-Williams by 96.0% in the 3rd quarter. Rossby Financial LCC now owns 98 shares of the specialty chemicals company’s stock worth $33,000 after buying an additional 48 shares in the last quarter. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Sherwin-Williams Stock Performance

Shares of NYSE SHW opened at $321.38 on Friday. The company has a market cap of $79.27 billion, a P/E ratio of 30.84, a P/E/G ratio of 2.71 and a beta of 1.12. The Sherwin-Williams Company has a 52-week low of $289.86 and a 52-week high of $379.65. 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 firm’s fifty day moving average is $317.37 and its two-hundred day moving average is $331.39.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 EPS for the quarter, beating the consensus estimate of $2.27 by $0.08. The business had revenue of $5.67 billion during the quarter, compared to the consensus estimate of $5.56 billion. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The business’s revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. As a group, analysts anticipate that The Sherwin-Williams Company will post 11.77 EPS for the current fiscal year.

Sherwin-Williams Announces Dividend

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

Wall Street Analysts Forecast Growth

SHW has been the topic of a number of recent analyst reports. BMO Capital Markets set a $355.00 price target on Sherwin-Williams and gave the company an “outperform” rating in a report on Wednesday, June 3rd. Berenberg Bank set a $380.00 target price on Sherwin-Williams in a research report on Monday, June 8th. Citigroup began coverage on Sherwin-Williams in a research note on Thursday, June 4th. They set a “buy” rating and a $355.00 target price on the stock. JPMorgan Chase & Co. lowered their price target on Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. Finally, Weiss Ratings downgraded Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 2nd. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six 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 an average price target of $366.77.

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.