The Sherwin-Williams Company $SHW Shares Bought by Atom Investors LP

Atom Investors LP grew its position in shares of The Sherwin-Williams Company (NYSE:SHW) by 32.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 30,401 shares of the specialty chemicals company’s stock after purchasing an additional 7,501 shares during the quarter. Sherwin-Williams accounts for 0.8% of Atom Investors LP’s holdings, making the stock its 15th largest holding. Atom Investors LP’s holdings in Sherwin-Williams were worth $9,851,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in shares of Sherwin-Williams by 2.7% during the 4th quarter. Vanguard Group Inc. now owns 23,237,824 shares of the specialty chemicals company’s stock worth $7,529,752,000 after purchasing an additional 600,119 shares during the last quarter. State Street Corp boosted its stake in shares of Sherwin-Williams by 2.4% during the 4th quarter. State Street Corp now owns 15,638,974 shares of the specialty chemicals company’s stock worth $5,067,497,000 after purchasing an additional 364,832 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of 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 worth $1,687,498,000 after purchasing an additional 37,145 shares during the last quarter. Capital Research Global Investors boosted its stake in shares of 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 worth $1,188,698,000 after purchasing an additional 11,560 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Sherwin-Williams during the 4th quarter worth about $1,089,450,000. 77.67% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on SHW shares. Zacks Research raised shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. Evercore reissued an “outperform” rating on shares of Sherwin-Williams in a research report on Friday, May 8th. Royal Bank Of Canada decreased their target price on shares of Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating on the stock in a research report on Thursday, March 19th. UBS Group cut shares of Sherwin-Williams from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $385.00 to $330.00 in a research report on Tuesday, June 2nd. Finally, Weiss Ratings cut shares of Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, June 2nd. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $366.77.

Sherwin-Williams Price Performance

SHW opened at $322.31 on Wednesday. The company’s 50 day simple moving average is $317.28 and its 200 day simple moving average is $331.76. 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 1 year low of $289.86 and a 1 year high of $379.65. The stock has a market capitalization of $79.49 billion, a PE ratio of 30.93, a P/E/G ratio of 2.76 and a beta of 1.12.

Sherwin-Williams (NYSE:SHW) last released its earnings results 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 business had revenue of $5.67 billion for the quarter, compared to analysts’ expectations of $5.56 billion. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The company’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period last year, the company earned $2.25 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. As a group, sell-side analysts expect that The Sherwin-Williams Company will post 11.77 EPS for the current year.

Sherwin-Williams Dividend Announcement

The firm also recently declared 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. This represents a $3.20 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Friday, May 22nd. Sherwin-Williams’s payout ratio 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.