The Sherwin-Williams Company $SHW Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC lowered its holdings in The Sherwin-Williams Company (NYSE:SHW) by 1.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 49,544 shares of the specialty chemicals company’s stock after selling 937 shares during the period. Yousif Capital Management LLC’s holdings in Sherwin-Williams were worth $17,012,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in SHW. Brighton Jones LLC grew its stake in shares of Sherwin-Williams by 73.6% in the 4th quarter. Brighton Jones LLC now owns 1,545 shares of the specialty chemicals company’s stock worth $525,000 after purchasing an additional 655 shares during the last quarter. Wealthcare Advisory Partners LLC raised its holdings in shares of Sherwin-Williams by 18.4% during the first quarter. Wealthcare Advisory Partners LLC now owns 882 shares of the specialty chemicals company’s stock valued at $308,000 after acquiring an additional 137 shares during the period. GAMMA Investing LLC raised its holdings in shares of Sherwin-Williams by 19.8% during the first quarter. GAMMA Investing LLC now owns 4,686 shares of the specialty chemicals company’s stock valued at $1,636,000 after acquiring an additional 773 shares during the period. CVA Family Office LLC raised its holdings in shares of Sherwin-Williams by 7.2% during the first quarter. CVA Family Office LLC now owns 553 shares of the specialty chemicals company’s stock valued at $193,000 after acquiring an additional 37 shares during the period. Finally, Dynamic Advisor Solutions LLC acquired a new stake in shares of Sherwin-Williams during the first quarter valued at approximately $13,749,000. Institutional investors and hedge funds own 77.67% of the company’s stock.

Analyst Ratings Changes

SHW has been the topic of a number of recent analyst reports. Loop Capital cut their price target on shares of Sherwin-Williams from $395.00 to $380.00 and set a “buy” rating on the stock in a report on Wednesday, July 23rd. Mizuho cut their price target on shares of Sherwin-Williams from $400.00 to $385.00 and set an “outperform” rating on the stock in a report on Wednesday, July 23rd. Bank of America upgraded shares of Sherwin-Williams from an “underperform” rating to a “neutral” rating and boosted their price target for the company from $296.00 to $375.00 in a report on Thursday, August 14th. Wells Fargo & Company set a $395.00 price target on shares of Sherwin-Williams and gave the company an “overweight” rating in a report on Friday. Finally, BMO Capital Markets cut their price target on shares of Sherwin-Williams from $405.00 to $391.00 and set an “outperform” rating on the stock in a report on Wednesday, July 23rd. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $387.60.

Sherwin-Williams Stock Performance

Shares of SHW opened at $332.51 on Monday. The company’s 50 day moving average price is $355.02 and its 200 day moving average price is $348.45. The Sherwin-Williams Company has a 52 week low of $308.84 and a 52 week high of $400.42. The company has a market capitalization of $82.91 billion, a PE ratio of 32.99, a PEG ratio of 2.76 and a beta of 1.20. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.48 and a current ratio of 0.78.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings data on Tuesday, July 22nd. The specialty chemicals company reported $3.38 EPS for the quarter, missing analysts’ consensus estimates of $3.76 by ($0.38). Sherwin-Williams had a net margin of 11.03% and a return on equity of 66.91%. The company had revenue of $6.31 billion for the quarter, compared to analysts’ expectations of $6.31 billion. During the same period in the previous year, the firm posted $3.70 earnings per share. The business’s revenue for the quarter was up .6% on a year-over-year basis. Sherwin-Williams has set its FY 2025 guidance at 11.200-11.500 EPS. Research analysts expect that The Sherwin-Williams Company will post 12 EPS for the current fiscal year.

Sherwin-Williams Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Friday, August 15th were issued a dividend of $0.79 per share. The ex-dividend date was Friday, August 15th. This represents a $3.16 dividend on an annualized basis and a dividend yield of 1.0%. Sherwin-Williams’s dividend payout ratio (DPR) is currently 31.35%.

Insiders Place Their Bets

In other news, CAO James P. Lang sold 860 shares of the firm’s stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $350.35, for a total transaction of $301,301.00. Following the transaction, the chief accounting officer owned 377 shares in the company, valued at approximately $132,081.95. This trade represents a 69.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Justin T. Binns sold 609 shares of the firm’s stock in a transaction on Monday, August 25th. The shares were sold at an average price of $368.82, for a total transaction of $224,611.38. Following the transaction, the insider owned 17,922 shares in the company, valued at $6,609,992.04. This represents a 3.29% decrease in their position. The disclosure for this sale can be found here. 0.60% of the stock is currently owned by company insiders.

Sherwin-Williams Company Profile

The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coating, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: Paint Stores Group, Consumer Brands Group, and Performance Coatings Group.