Marsico Capital Management LLC Has $11.20 Million Stock Position in The Sherwin-Williams Company $SHW

Marsico Capital Management LLC cut its stake in The Sherwin-Williams Company (NYSE:SHW) by 69.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 34,558 shares of the specialty chemicals company’s stock after selling 80,109 shares during the period. Marsico Capital Management LLC’s holdings in Sherwin-Williams were worth $11,198,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of SHW. Norges Bank acquired a new position in shares of Sherwin-Williams in the 4th quarter worth approximately $1,089,450,000. Viking Global Investors LP raised its holdings in shares of Sherwin-Williams by 101.4% in the 2nd quarter. Viking Global Investors LP now owns 1,957,750 shares of the specialty chemicals company’s stock worth $672,213,000 after buying an additional 985,520 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Sherwin-Williams by 2.7% in the 4th quarter. Vanguard Group Inc. now owns 23,237,824 shares of the specialty chemicals company’s stock worth $7,529,752,000 after buying an additional 600,119 shares in the last quarter. Assenagon Asset Management S.A. raised its holdings in shares of Sherwin-Williams by 424.2% in the 4th quarter. Assenagon Asset Management S.A. now owns 547,583 shares of the specialty chemicals company’s stock worth $177,433,000 after buying an additional 443,119 shares in the last quarter. Finally, Capital World Investors raised its holdings in shares of Sherwin-Williams by 37.2% in the 4th quarter. Capital World Investors now owns 1,323,131 shares of the specialty chemicals company’s stock worth $428,764,000 after buying an additional 358,857 shares in the last quarter. 77.67% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on SHW shares. UBS Group cut Sherwin-Williams from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $385.00 to $330.00 in a report on Tuesday, June 2nd. Wells Fargo & Company dropped their target price on Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating for the company in a report on Wednesday, April 29th. Berenberg Bank set a $380.00 target price on Sherwin-Williams in a report on Monday. Zacks Research upgraded Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. Finally, JPMorgan Chase & Co. decreased their price target on Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 29th. 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 stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $366.77.

Sherwin-Williams Stock Performance

Shares of Sherwin-Williams stock opened at $316.79 on Friday. The stock’s fifty day simple moving average is $317.31 and its 200 day simple moving average is $332.21. The Sherwin-Williams Company has a 12 month low of $289.86 and a 12 month high of $379.65. The company has a market capitalization of $78.13 billion, a PE ratio of 30.40, a PEG ratio of 2.62 and a beta of 1.12. The company has a current ratio of 0.86, a quick ratio of 0.53 and a debt-to-equity ratio of 2.10.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.08. The firm 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%.The company’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter last year, the business posted $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. On average, research analysts predict that The Sherwin-Williams Company will post 11.78 EPS for the current year.

Sherwin-Williams Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 22nd were issued a dividend of $0.80 per share. The ex-dividend date 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 (DPR) is presently 30.71%.

Sherwin-Williams 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.