University of Texas Texas AM Investment Management Co. Has $1.38 Million Position in The Sherwin-Williams Company $SHW

University of Texas Texas AM Investment Management Co. boosted its position in The Sherwin-Williams Company (NYSE:SHW) by 378.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 4,245 shares of the specialty chemicals company’s stock after buying an additional 3,358 shares during the quarter. University of Texas Texas AM Investment Management Co.’s holdings in Sherwin-Williams were worth $1,376,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in SHW. Brighton Jones LLC increased its stake in Sherwin-Williams by 73.6% in the fourth quarter. Brighton Jones LLC now owns 1,545 shares of the specialty chemicals company’s stock valued at $525,000 after acquiring an additional 655 shares during the last quarter. Empowered Funds LLC grew its stake in shares of Sherwin-Williams by 11.2% during the first quarter. Empowered Funds LLC now owns 6,236 shares of the specialty chemicals company’s stock worth $2,178,000 after buying an additional 626 shares during the last quarter. Jump Financial LLC bought a new stake in shares of Sherwin-Williams during the second quarter worth $1,210,000. Sei Investments Co. grew its stake in shares of Sherwin-Williams by 43.6% during the second quarter. Sei Investments Co. now owns 196,915 shares of the specialty chemicals company’s stock worth $67,612,000 after buying an additional 59,831 shares during the last quarter. Finally, Glenview Trust co grew its stake in shares of Sherwin-Williams by 4.8% during the second quarter. Glenview Trust co now owns 3,249 shares of the specialty chemicals company’s stock worth $1,116,000 after buying an additional 148 shares during the last quarter. 77.67% of the stock is owned by institutional investors.

Sherwin-Williams Stock Performance

Shares of Sherwin-Williams stock opened at $320.46 on Tuesday. 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 twelve month low of $289.86 and a twelve month high of $379.65. The stock has a market cap of $79.04 billion, a price-to-earnings ratio of 30.75, a P/E/G ratio of 2.74 and a beta of 1.12. The company’s fifty day moving average is $317.19 and its 200 day moving average is $331.91.

Sherwin-Williams (NYSE:SHW) last issued its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share for the quarter, topping the consensus estimate of $2.27 by $0.08. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The company had revenue of $5.67 billion for the quarter, compared to analysts’ expectations of $5.56 billion. During the same quarter in the previous year, the firm posted $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. Sell-side analysts forecast that The Sherwin-Williams Company will post 11.78 EPS for the current year.

Sherwin-Williams Announces Dividend

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

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Royal Bank Of Canada decreased 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 note on Thursday, March 19th. Weiss Ratings cut shares of Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 2nd. Zacks Research raised shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. Berenberg Bank set a $380.00 target price on shares of Sherwin-Williams in a research note on Monday, June 8th. Finally, Bank of America decreased their target price on shares of Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $366.77.

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.