Fort Washington Investment Advisors Inc. OH Grows Position in The Sherwin-Williams Company $SHW

Fort Washington Investment Advisors Inc. OH boosted its holdings in shares of The Sherwin-Williams Company (NYSE:SHW) by 5.0% during the 1st quarter, Holdings Channel reports. The fund owned 160,558 shares of the specialty chemicals company’s stock after buying an additional 7,637 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Sherwin-Williams were worth $51,467,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. Fideuram Asset Management Ireland dac bought a new stake in Sherwin-Williams during the 4th quarter valued at $2,496,000. Mairs & Power Inc. raised its position in shares of Sherwin-Williams by 0.7% in the 3rd quarter. Mairs & Power Inc. now owns 464,043 shares of the specialty chemicals company’s stock worth $160,680,000 after acquiring an additional 3,430 shares in the last quarter. Westview Management dba Westview Investment Advisors purchased a new stake in shares of Sherwin-Williams during the 4th quarter worth $2,655,000. Regents Gate Capital LLP lifted its stake in shares of Sherwin-Williams by 51.9% during the 3rd quarter. Regents Gate Capital LLP now owns 9,175 shares of the specialty chemicals company’s stock worth $3,177,000 after purchasing an additional 3,134 shares during the last quarter. Finally, Calamos Advisors LLC boosted its position in Sherwin-Williams by 5.4% during the fourth quarter. Calamos Advisors LLC now owns 180,602 shares of the specialty chemicals company’s stock valued at $58,520,000 after purchasing an additional 9,196 shares in the last quarter. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on SHW shares. JPMorgan Chase & Co. cut their target price on Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 29th. Zacks Research upgraded shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 31st. Weiss Ratings cut Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, June 2nd. Royal Bank Of Canada dropped their target price on shares of Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating on the stock in a research report on Thursday, March 19th. Finally, Berenberg Bank set a $380.00 price objective on shares of Sherwin-Williams in a report on Monday, June 8th. Eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $368.69.

Sherwin-Williams Trading Up 1.7%

Shares of NYSE:SHW opened at $344.84 on Friday. The company has a quick ratio of 0.53, a current ratio of 0.86 and a debt-to-equity ratio of 2.10. The Sherwin-Williams Company has a 52-week low of $289.86 and a 52-week high of $379.65. The stock has a market cap of $85.05 billion, a price-to-earnings ratio of 33.09, a PEG ratio of 2.97 and a beta of 1.12. The business has a 50-day moving average price of $316.88 and a 200-day moving average price of $331.11.

Sherwin-Williams (NYSE:SHW) last issued its earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 EPS for the quarter, beating analysts’ consensus estimates of $2.27 by $0.08. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.The firm had revenue of $5.67 billion for the quarter, compared to analyst estimates of $5.56 billion. During the same quarter in the prior year, the firm earned $2.25 earnings per share. Sherwin-Williams’s revenue for the quarter 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 predict that The Sherwin-Williams Company will post 11.77 EPS for the current year.

Sherwin-Williams Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were paid a $0.80 dividend. The ex-dividend date was Friday, May 22nd. This represents a $3.20 dividend on an annualized basis and a dividend yield of 0.9%. Sherwin-Williams’s dividend 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.