National Pension Service Grows Stock Position in The Sherwin-Williams Company $SHW

National Pension Service lifted its stake in The Sherwin-Williams Company (NYSE:SHW) by 29.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 708,908 shares of the specialty chemicals company’s stock after purchasing an additional 161,405 shares during the period. National Pension Service owned about 0.29% of Sherwin-Williams worth $229,707,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ares Financial Consulting LLC purchased a new position in Sherwin-Williams in the fourth quarter valued at $27,000. Lloyd Advisory Services LLC. purchased a new position in Sherwin-Williams in the fourth quarter valued at $27,000. Lodestone Wealth Management LLC purchased a new position in Sherwin-Williams in the fourth quarter valued at $31,000. Rossby Financial LCC boosted its holdings in Sherwin-Williams by 96.0% in the third quarter. Rossby Financial LCC now owns 98 shares of the specialty chemicals company’s stock valued at $33,000 after purchasing an additional 48 shares during the period. Finally, JPL Wealth Management LLC purchased a new position in Sherwin-Williams in the third quarter valued at $45,000. 77.67% of the stock is currently owned by hedge funds and other institutional investors.

Sherwin-Williams Stock Down 0.3%

SHW opened at $304.25 on Friday. The business’s 50-day simple moving average is $319.59 and its 200-day simple moving average is $334.28. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.53 and a current ratio of 0.86. The Sherwin-Williams Company has a one year low of $294.32 and a one year high of $379.65. The stock has a market capitalization of $75.04 billion, a P/E ratio of 29.20, a price-to-earnings-growth ratio of 2.64 and a beta of 1.16.

Sherwin-Williams (NYSE:SHW) last posted its earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 EPS for the quarter, topping analysts’ consensus estimates of $2.27 by $0.08. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.The business 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 earned $2.25 earnings per share. 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 11.74 EPS for the current year.

Sherwin-Williams Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 22nd will be given a dividend of $0.80 per share. The ex-dividend date is Friday, May 22nd. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.1%. Sherwin-Williams’s payout ratio is 30.71%.

Analyst Ratings Changes

A number of research analysts recently issued reports on SHW shares. Evercore reiterated an “outperform” rating on shares of Sherwin-Williams in a report on Friday, May 8th. Wells Fargo & Company decreased their target price on Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating for the company in a report on Wednesday, April 29th. 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. Weiss Ratings lowered Sherwin-Williams from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, May 14th. Finally, UBS Group cut their price target on Sherwin-Williams from $420.00 to $380.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. Nine research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Sherwin-Williams has a consensus rating of “Moderate Buy” and an average target price of $375.33.

Sherwin-Williams Company 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.