Sei Investments Co. Decreases Holdings in The Sherwin-Williams Company $SHW

Sei Investments Co. trimmed its position in shares of The Sherwin-Williams Company (NYSE:SHW) by 2.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 196,566 shares of the specialty chemicals company’s stock after selling 5,132 shares during the quarter. Sei Investments Co.’s holdings in Sherwin-Williams were worth $63,006,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of SHW. Wilkerson Advisory Group LLC increased its position in Sherwin-Williams by 172.4% during the first quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company’s stock valued at $25,000 after acquiring an additional 50 shares during the last quarter. Ares Financial Consulting LLC purchased a new position in Sherwin-Williams in the fourth quarter worth about $27,000. Lloyd Advisory Services LLC. purchased a new position in Sherwin-Williams in the fourth quarter worth about $27,000. Whipplewood Advisors LLC bought a new stake in shares of Sherwin-Williams during the 1st quarter valued at about $28,000. Finally, Kemnay Advisory Services Inc. bought a new stake in shares of Sherwin-Williams during the 4th quarter valued at about $30,000. Institutional investors own 77.67% of the company’s stock.

Sherwin-Williams Stock Performance

Shares of SHW opened at $317.59 on Friday. The business has a 50-day simple moving average of $320.72 and a two-hundred day simple moving average of $332.22. 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 52 week low of $289.86 and a 52 week high of $379.65. The stock has a market cap of $78.33 billion, a price-to-earnings ratio of 30.48, a PEG ratio of 2.47 and a beta of 1.10.

Sherwin-Williams (NYSE:SHW) last posted its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share for the quarter, beating analysts’ consensus estimates of $2.27 by $0.08. The firm had revenue of $5.67 billion for the quarter, compared to analysts’ expectations of $5.56 billion. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.The business’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the firm earned $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. On average, analysts expect that The Sherwin-Williams Company will post 11.78 EPS for the current year.

Sherwin-Williams Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 21st will be paid a dividend of $0.80 per share. The ex-dividend date is Friday, August 21st. 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%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on SHW shares. Citigroup began coverage on shares of Sherwin-Williams in a research note on Wednesday, June 24th. They issued an “overweight” rating on the stock. Royal Bank Of Canada restated an “outperform” rating and set a $405.00 target price (up from $391.00) on shares of Sherwin-Williams in a research report on Wednesday, July 8th. JPMorgan Chase & Co. reduced their target price on shares of Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. Weiss Ratings downgraded shares of Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, July 17th. Finally, Bank of America dropped their price target 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. Seven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently 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.