The Sherwin-Williams Company $SHW Position Lessened by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund decreased its stake in The Sherwin-Williams Company (NYSE:SHW) by 53.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 24,123 shares of the specialty chemicals company’s stock after selling 27,822 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Sherwin-Williams were worth $7,817,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Ares Financial Consulting LLC bought a new stake in Sherwin-Williams during the 4th quarter valued at $27,000. Lloyd Advisory Services LLC. bought a new stake in Sherwin-Williams during the 4th quarter valued at $27,000. Lodestone Wealth Management LLC bought a new stake in Sherwin-Williams during the 4th quarter valued at $31,000. Rossby Financial LCC raised its stake in Sherwin-Williams by 96.0% during the 3rd quarter. Rossby Financial LCC now owns 98 shares of the specialty chemicals company’s stock valued at $33,000 after acquiring an additional 48 shares in the last quarter. Finally, JPL Wealth Management LLC bought a new stake in Sherwin-Williams during the 3rd quarter valued at $45,000. Institutional investors own 77.67% of the company’s stock.

Analyst Ratings Changes

SHW has been the topic of a number of research reports. Citigroup initiated coverage on Sherwin-Williams in a research note on Thursday. They issued a “buy” rating and a $355.00 price objective on the stock. Evercore reissued an “outperform” rating on shares of Sherwin-Williams in a research note on Friday, May 8th. Royal Bank Of Canada dropped their price objective on Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating on the stock in a research note on Thursday, March 19th. Weiss Ratings downgraded Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 2nd. Finally, Zacks Research raised Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, Sherwin-Williams presently has a consensus rating of “Moderate Buy” and a consensus target price of $365.67.

Sherwin-Williams Stock Performance

Shares of SHW stock opened at $305.21 on Monday. The Sherwin-Williams Company has a 1-year low of $289.86 and a 1-year high of $379.65. The company has a current ratio of 0.86, a quick ratio of 0.53 and a debt-to-equity ratio of 2.10. The company has a market capitalization of $75.28 billion, a price-to-earnings ratio of 29.29, a P/E/G ratio of 2.64 and a beta of 1.12. The stock’s fifty day simple moving average is $318.13 and its 200-day simple moving average is $332.83.

Sherwin-Williams (NYSE:SHW) last issued its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share for the quarter, beating analysts’ consensus estimates of $2.27 by $0.08. The business had revenue of $5.67 billion for the quarter, compared to the consensus estimate of $5.56 billion. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.Sherwin-Williams’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.25 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. On average, sell-side analysts predict that The Sherwin-Williams Company will post 11.74 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

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

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.