Legato Capital Management LLC Has $681,000 Stake in The Sherwin-Williams Company $SHW

Legato Capital Management LLC decreased its holdings in The Sherwin-Williams Company (NYSE:SHW) by 51.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,102 shares of the specialty chemicals company’s stock after selling 2,208 shares during the quarter. Legato Capital Management LLC’s holdings in Sherwin-Williams were worth $681,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of SHW. Wealthfront Advisers LLC increased its holdings in Sherwin-Williams by 26.1% in the 3rd quarter. Wealthfront Advisers LLC now owns 30,927 shares of the specialty chemicals company’s stock valued at $10,709,000 after buying an additional 6,408 shares during the period. Mairs & Power Inc. increased its holdings in Sherwin-Williams by 0.7% in the 3rd quarter. Mairs & Power Inc. now owns 464,043 shares of the specialty chemicals company’s stock valued at $160,680,000 after buying an additional 3,430 shares during the period. Westview Management dba Westview Investment Advisors bought a new position in Sherwin-Williams in the 4th quarter valued at about $2,655,000. Calamos Advisors LLC increased its holdings in Sherwin-Williams by 5.4% in the 4th quarter. Calamos Advisors LLC now owns 180,602 shares of the specialty chemicals company’s stock valued at $58,520,000 after buying an additional 9,196 shares during the period. Finally, Willis Investment Counsel bought a new position in Sherwin-Williams in the 3rd quarter valued at about $7,766,000. Institutional investors and hedge funds own 77.67% of the company’s stock.

Wall Street Analysts Forecast Growth

SHW has been the subject of several research analyst reports. Wells Fargo & Company lowered their price objective 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. Bank of America lowered their price objective on shares of Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating for the company in a research report on Tuesday, April 21st. Citigroup lowered their price objective 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. Evercore restated an “outperform” rating on shares of Sherwin-Williams in a research report on Friday, May 8th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. Nine equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $375.33.

Sherwin-Williams Price Performance

SHW stock opened at $311.41 on Wednesday. The company has a 50 day simple moving average of $320.32 and a 200 day simple moving average of $334.90. The stock has a market cap of $76.81 billion, a price-to-earnings ratio of 29.89, a P/E/G ratio of 2.67 and a beta of 1.16. The Sherwin-Williams Company has a 1 year low of $294.32 and a 1 year 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.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.27 by $0.08. The business 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 firm’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the prior year, the company earned $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Research analysts anticipate that The Sherwin-Williams Company will post 11.74 EPS for the current fiscal year.

Sherwin-Williams Dividend Announcement

The firm also recently announced 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 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Friday, May 22nd. Sherwin-Williams’s 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.