Tempo Wealth LLC Makes New Investment in The Sherwin-Williams Company $SHW

Tempo Wealth LLC purchased a new stake in The Sherwin-Williams Company (NYSE:SHW) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,533 shares of the specialty chemicals company’s stock, valued at approximately $1,469,000.

Other large investors have also modified their holdings of the company. Fideuram Asset Management Ireland dac acquired a new stake in Sherwin-Williams during the fourth quarter valued at $2,496,000. Mairs & Power Inc. increased its position in Sherwin-Williams by 0.7% in the 3rd quarter. Mairs & Power Inc. now owns 464,043 shares of the specialty chemicals company’s stock worth $160,680,000 after purchasing an additional 3,430 shares during the last quarter. Westview Management dba Westview Investment Advisors purchased a new stake in shares of Sherwin-Williams during the 4th quarter worth about $2,655,000. Regents Gate Capital LLP raised its stake in shares of Sherwin-Williams by 51.9% during the 3rd quarter. Regents Gate Capital LLP now owns 9,175 shares of the specialty chemicals company’s stock worth $3,177,000 after purchasing an additional 3,134 shares in the last quarter. Finally, Calamos Advisors LLC lifted its holdings in shares of Sherwin-Williams by 5.4% during the 4th quarter. Calamos Advisors LLC now owns 180,602 shares of the specialty chemicals company’s stock valued at $58,520,000 after buying an additional 9,196 shares during the last quarter. 77.67% of the stock is owned by institutional investors.

Sherwin-Williams Price Performance

Shares of Sherwin-Williams stock opened at $321.38 on Friday. The firm has a fifty day simple moving average of $317.37 and a 200-day simple moving average of $331.39. The company has a current ratio of 0.86, a quick ratio of 0.53 and a debt-to-equity ratio of 2.10. 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 $79.27 billion, a price-to-earnings ratio of 30.84, a PEG ratio of 2.71 and a beta of 1.12.

Sherwin-Williams (NYSE:SHW) last posted its earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.27 by $0.08. The business had revenue of $5.67 billion for the quarter, compared to analyst estimates of $5.56 billion. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. Sherwin-Williams’s revenue was up 6.9% compared to the same quarter last year. During the same period last year, the business posted $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. On average, sell-side analysts expect that The Sherwin-Williams Company will post 11.77 earnings per share for the current year.

Sherwin-Williams Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were given a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Friday, May 22nd. Sherwin-Williams’s dividend payout ratio (DPR) is currently 30.71%.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. UBS Group downgraded Sherwin-Williams from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $385.00 to $330.00 in a report on Tuesday, June 2nd. Evercore reissued an “outperform” rating on shares of Sherwin-Williams in a research report on Friday, May 8th. Berenberg Bank set a $380.00 price target on shares of Sherwin-Williams in a research note on Monday, June 8th. Mizuho cut their price target on shares of Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating on the stock in a report on Monday, March 23rd. Finally, Royal Bank Of Canada reduced their price objective on shares of Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating for the company in a research note on Thursday, March 19th. One investment 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’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $366.77.

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.