Kepler Cheuvreux Suisse SA Sells 2,361 Shares of The Sherwin-Williams Company $SHW

Kepler Cheuvreux Suisse SA lowered its holdings in shares of The Sherwin-Williams Company (NYSE:SHW) by 35.5% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 4,290 shares of the specialty chemicals company’s stock after selling 2,361 shares during the period. Kepler Cheuvreux Suisse SA’s holdings in Sherwin-Williams were worth $1,375,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in shares of Sherwin-Williams by 2.7% in the fourth quarter. Vanguard Group Inc. now owns 23,237,824 shares of the specialty chemicals company’s stock valued at $7,529,752,000 after buying an additional 600,119 shares during the last quarter. State Street Corp raised its stake in Sherwin-Williams by 2.4% in the 4th quarter. State Street Corp now owns 15,638,974 shares of the specialty chemicals company’s stock valued at $5,067,497,000 after acquiring an additional 364,832 shares during the period. Geode Capital Management LLC lifted its holdings in Sherwin-Williams by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 5,231,615 shares of the specialty chemicals company’s stock valued at $1,687,498,000 after purchasing an additional 37,145 shares during the last quarter. Capital Research Global Investors lifted its holdings in Sherwin-Williams by 0.3% during the 3rd quarter. Capital Research Global Investors now owns 3,432,977 shares of the specialty chemicals company’s stock valued at $1,188,698,000 after purchasing an additional 11,560 shares during the last quarter. Finally, Norges Bank bought a new position in Sherwin-Williams during the fourth quarter worth $1,089,450,000. Institutional investors own 77.67% of the company’s stock.

Sherwin-Williams Stock Performance

NYSE SHW opened at $351.72 on Friday. 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 company has a market capitalization of $86.75 billion, a P/E ratio of 33.75, a P/E/G ratio of 3.04 and a beta of 1.10. The Sherwin-Williams Company has a 12-month low of $289.86 and a 12-month high of $379.65. The firm has a 50-day moving average price of $317.77 and a two-hundred day moving average price of $331.84.

Sherwin-Williams (NYSE:SHW) last announced its earnings results 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. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The firm had revenue of $5.67 billion for the quarter, compared to analyst estimates of $5.56 billion. During the same quarter in the prior year, the business posted $2.25 EPS. The business’s revenue was up 6.9% compared to the same quarter last year. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Analysts anticipate that The Sherwin-Williams Company will post 11.77 earnings per share for the current year.

Sherwin-Williams Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 22nd were issued a $0.80 dividend. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $3.20 annualized dividend and a yield of 0.9%. Sherwin-Williams’s payout ratio is currently 30.71%.

Wall Street Analysts Forecast Growth

SHW has been the topic of several research analyst reports. Wells Fargo & Company dropped their price objective on shares of Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 29th. UBS Group downgraded shares of Sherwin-Williams from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $385.00 to $330.00 in a report on Tuesday, June 2nd. Weiss Ratings raised shares of Sherwin-Williams from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday. Mizuho reduced their price objective 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, Berenberg Bank set a $380.00 target price on Sherwin-Williams in a research note on Monday, June 8th. Eight research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $368.69.

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.