Virtu Financial LLC Cuts Stock Position in The Sherwin-Williams Company $SHW

Virtu Financial LLC decreased its position in shares of The Sherwin-Williams Company (NYSE:SHW) by 75.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 2,435 shares of the specialty chemicals company’s stock after selling 7,622 shares during the period. Virtu Financial LLC’s holdings in Sherwin-Williams were worth $789,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SHW. Ares Financial Consulting LLC acquired a new stake in shares of Sherwin-Williams during the fourth quarter worth about $27,000. Lloyd Advisory Services LLC. acquired a new position in shares of Sherwin-Williams in the fourth quarter valued at approximately $27,000. Kemnay Advisory Services Inc. purchased a new stake in Sherwin-Williams during the 4th quarter worth approximately $30,000. Lodestone Wealth Management LLC purchased a new stake in Sherwin-Williams during the 4th quarter worth approximately $31,000. Finally, Rossby Financial LCC lifted its holdings in Sherwin-Williams by 96.0% during the 3rd quarter. Rossby Financial LCC now owns 98 shares of the specialty chemicals company’s stock worth $33,000 after buying an additional 48 shares in the last quarter. 77.67% of the stock is currently owned by hedge funds and other institutional investors.

Sherwin-Williams Stock Down 1.2%

Shares of NYSE:SHW opened at $317.03 on Tuesday. The Sherwin-Williams Company has a fifty-two week low of $289.86 and a fifty-two week high of $379.65. The firm’s 50 day moving average price is $316.71 and its 200 day moving average price is $331.10. 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 stock has a market cap of $78.19 billion, a price-to-earnings ratio of 30.43, a price-to-earnings-growth ratio of 2.77 and a beta of 1.12.

Sherwin-Williams (NYSE:SHW) last posted its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 EPS 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 during the quarter, compared to analysts’ expectations of $5.56 billion. During the same quarter in the previous year, the business posted $2.25 EPS. The firm’s revenue was up 6.9% on a year-over-year basis. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. As a group, equities research analysts predict that The Sherwin-Williams Company will post 11.77 earnings per share for the current fiscal year.

Sherwin-Williams Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 22nd were paid 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 dividend yield of 1.0%. Sherwin-Williams’s payout ratio is presently 30.71%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on SHW shares. Royal Bank Of Canada decreased their price target on shares of Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating for the company in a research report on Thursday, March 19th. JPMorgan Chase & Co. cut their price objective 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. Bank of America reduced their price objective on Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 21st. Mizuho decreased their target price on Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating for the company in a report on Monday, March 23rd. Finally, BMO Capital Markets set a $355.00 target price on Sherwin-Williams and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. 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 stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $366.77.

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.