Andra AP fonden Has $19.77 Million Stock Position in The Sherwin-Williams Company $SHW

Andra AP fonden reduced its position in The Sherwin-Williams Company (NYSE:SHW) by 26.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 61,020 shares of the specialty chemicals company’s stock after selling 21,480 shares during the period. Andra AP fonden’s holdings in Sherwin-Williams were worth $19,772,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. CoreCap Advisors LLC lifted its stake in Sherwin-Williams by 0.6% in the 4th quarter. CoreCap Advisors LLC now owns 5,102 shares of the specialty chemicals company’s stock valued at $1,653,000 after purchasing an additional 29 shares during the last quarter. Sowell Financial Services LLC lifted its stake in Sherwin-Williams by 2.8% in the 4th quarter. Sowell Financial Services LLC now owns 1,057 shares of the specialty chemicals company’s stock valued at $343,000 after purchasing an additional 29 shares during the last quarter. Mather Group LLC. lifted its stake in Sherwin-Williams by 1.4% in the 4th quarter. Mather Group LLC. now owns 2,118 shares of the specialty chemicals company’s stock valued at $686,000 after purchasing an additional 30 shares during the last quarter. Sapient Capital LLC lifted its stake in Sherwin-Williams by 0.3% in the 4th quarter. Sapient Capital LLC now owns 9,176 shares of the specialty chemicals company’s stock valued at $2,993,000 after purchasing an additional 30 shares during the last quarter. Finally, Deseret Mutual Benefit Administrators lifted its stake in Sherwin-Williams by 6.3% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 527 shares of the specialty chemicals company’s stock valued at $171,000 after purchasing an additional 31 shares during the last quarter. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently issued reports on SHW shares. Citigroup started coverage on shares of Sherwin-Williams in a research note on Thursday, June 4th. They issued a “buy” rating and a $355.00 target price for the company. JPMorgan Chase & Co. cut their target price on shares of Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. UBS Group downgraded shares of Sherwin-Williams from a “buy” rating to a “neutral” rating and cut their target price for the company from $385.00 to $330.00 in a research note on Tuesday, June 2nd. BMO Capital Markets set a $355.00 target price on shares of Sherwin-Williams and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. Finally, Zacks Research upgraded shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $366.77.

Sherwin-Williams Trading Up 4.2%

Shares of SHW stock opened at $316.79 on Friday. The firm has a 50 day moving average price of $317.31 and a two-hundred day moving average price of $332.21. 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 $78.13 billion, a PE ratio of 30.40, a price-to-earnings-growth ratio of 2.62 and a beta of 1.12. The Sherwin-Williams Company has a 12-month low of $289.86 and a 12-month high of $379.65.

Sherwin-Williams (NYSE:SHW) last issued its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.27 by $0.08. The firm had revenue of $5.67 billion during the quarter, compared to the consensus estimate of $5.56 billion. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The business’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period last year, the business posted $2.25 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. As a group, analysts predict that The Sherwin-Williams Company will post 11.78 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 given a dividend of $0.80 per share. The ex-dividend date was Friday, May 22nd. This represents a $3.20 annualized dividend and a yield of 1.0%. Sherwin-Williams’s dividend payout ratio (DPR) is 30.71%.

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.