Strs Ohio Trims Stock Position in The Sherwin-Williams Company $SHW

Strs Ohio lessened its holdings in The Sherwin-Williams Company (NYSE:SHW) by 7.5% during the 1st quarter, Holdings Channel.com reports. The firm owned 74,988 shares of the specialty chemicals company’s stock after selling 6,049 shares during the period. Strs Ohio’s holdings in Sherwin-Williams were worth $24,037,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Fideuram Asset Management Ireland dac bought a new position in Sherwin-Williams in the 4th quarter worth $2,496,000. Mairs & Power Inc. grew its holdings in Sherwin-Williams by 0.7% during the third quarter. Mairs & Power Inc. now owns 464,043 shares of the specialty chemicals company’s stock valued at $160,680,000 after purchasing an additional 3,430 shares during the period. Westview Management dba Westview Investment Advisors purchased a new stake in Sherwin-Williams in the fourth quarter worth about $2,655,000. Calamos Advisors LLC increased its position in Sherwin-Williams by 5.4% in the fourth quarter. Calamos Advisors LLC now owns 180,602 shares of the specialty chemicals company’s stock worth $58,520,000 after buying an additional 9,196 shares in the last quarter. Finally, Kinsale Capital Group Inc. bought a new position in shares of Sherwin-Williams in the fourth quarter worth about $4,805,000. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on SHW. Weiss Ratings raised Sherwin-Williams from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday. Bank of America decreased their target price 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. Zacks Research raised shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 31st. JPMorgan Chase & Co. dropped their price target on shares of Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. Finally, UBS Group cut shares of Sherwin-Williams from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $385.00 to $330.00 in a research note on Tuesday, June 2nd. Eight equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Sherwin-Williams currently has an average rating of “Moderate Buy” and a consensus target price of $368.69.

Sherwin-Williams Stock Down 0.2%

NYSE SHW opened at $351.72 on Friday. The Sherwin-Williams Company has a 12 month low of $289.86 and a 12 month high of $379.65. 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 stock has a market cap of $86.75 billion, a PE ratio of 33.75, a P/E/G ratio of 3.04 and a beta of 1.10. The stock’s 50 day moving average is $317.77 and its 200 day moving average is $331.84.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.08. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The firm had revenue of $5.67 billion for the quarter, compared to analysts’ expectations of $5.56 billion. During the same quarter last year, the business posted $2.25 earnings per share. The company’s revenue for the quarter 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. Research analysts predict that The Sherwin-Williams Company will post 11.77 EPS for the current fiscal year.

Sherwin-Williams Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 22nd were issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Friday, May 22nd. Sherwin-Williams’s payout ratio is currently 30.71%.

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.