Hilltop Holdings Inc. Sells 2,412 Shares of The Sherwin-Williams Company $SHW

Hilltop Holdings Inc. trimmed its position in The Sherwin-Williams Company (NYSE:SHW) by 41.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,399 shares of the specialty chemicals company’s stock after selling 2,412 shares during the quarter. Hilltop Holdings Inc.’s holdings in Sherwin-Williams were worth $1,090,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wilkerson Advisory Group LLC lifted its position in Sherwin-Williams by 172.4% during the 1st quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company’s stock valued at $25,000 after purchasing an additional 50 shares during the period. Lloyd Advisory Services LLC. acquired a new stake in shares of Sherwin-Williams during the 4th quarter worth approximately $27,000. Ares Financial Consulting LLC bought a new stake in shares of Sherwin-Williams during the fourth quarter worth approximately $27,000. Whipplewood Advisors LLC bought a new stake in shares of Sherwin-Williams during the first quarter worth approximately $28,000. Finally, Kemnay Advisory Services Inc. acquired a new position in Sherwin-Williams in the fourth quarter valued at approximately $30,000. 77.67% of the stock is owned by institutional investors.

Sherwin-Williams Price Performance

SHW opened at $317.59 on Friday. The stock has a market cap of $78.33 billion, a P/E ratio of 30.48, a P/E/G ratio of 2.47 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 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 fifty day simple moving average of $320.72 and a 200 day simple moving average of $332.22.

Sherwin-Williams (NYSE:SHW) last posted its earnings results 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 return on equity of 64.55% and a net margin of 10.86%.The firm had revenue of $5.67 billion for the quarter, compared to analyst estimates of $5.56 billion. During the same period in the previous year, the company posted $2.25 earnings per share. The company’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. On average, research analysts expect 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 will be paid on Friday, September 11th. Stockholders of record on Friday, August 21st will be issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Friday, August 21st. Sherwin-Williams’s payout ratio is 30.71%.

Wall Street Analysts Forecast Growth

SHW has been the subject of a number of analyst reports. Citigroup initiated coverage on shares of Sherwin-Williams in a report on Wednesday, June 24th. They set an “overweight” rating for the company. Evercore reissued an “outperform” rating on shares of Sherwin-Williams in a research note on Friday, May 8th. Royal Bank Of Canada restated an “outperform” rating and issued a $405.00 price target (up from $391.00) on shares of Sherwin-Williams in a research report on Wednesday, July 8th. JPMorgan Chase & Co. decreased their price objective on Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. Finally, Berenberg Bank set a $380.00 price objective on Sherwin-Williams in a report on Monday, June 8th. Seven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $373.92.

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.