KBC Group NV Sells 2,840 Shares of The Sherwin-Williams Company $SHW

KBC Group NV trimmed its position in The Sherwin-Williams Company (NYSE:SHW) by 2.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 141,803 shares of the specialty chemicals company’s stock after selling 2,840 shares during the quarter. KBC Group NV owned about 0.06% of Sherwin-Williams worth $45,455,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Ares Financial Consulting LLC bought a new position in Sherwin-Williams in the 4th quarter worth $27,000. Lloyd Advisory Services LLC. acquired a new position in Sherwin-Williams during the 4th quarter worth $27,000. Whipplewood Advisors LLC bought a new stake in Sherwin-Williams during the first quarter valued at about $28,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Sherwin-Williams in the fourth quarter valued at about $30,000. Finally, Lodestone Wealth Management LLC acquired a new stake in shares of Sherwin-Williams in the fourth quarter valued at about $31,000. 77.67% of the stock is owned by institutional investors.

Sherwin-Williams Stock Performance

Shares of NYSE SHW opened at $323.98 on Tuesday. The firm has a market capitalization of $79.91 billion, a price-to-earnings ratio of 31.09, a PEG ratio of 2.86 and a beta of 1.10. The Sherwin-Williams Company has a one year low of $289.86 and a one year high of $379.65. The business has a fifty day simple moving average of $319.95 and a 200 day simple moving average of $332.52. The company has a current ratio of 0.86, a quick ratio of 0.53 and a debt-to-equity ratio of 2.10.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings data 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. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The company had revenue of $5.67 billion during the quarter, compared to analysts’ expectations of $5.56 billion. During the same quarter in the prior year, the company posted $2.25 EPS. The business’s revenue was up 6.9% on a year-over-year basis. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Sell-side analysts expect that The Sherwin-Williams Company will post 11.78 EPS for the current year.

Sherwin-Williams Announces Dividend

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

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on SHW shares. Royal Bank Of Canada reissued an “outperform” rating and set a $405.00 price objective (up from $391.00) on shares of Sherwin-Williams in a research report on Wednesday, July 8th. JPMorgan Chase & Co. dropped their price target on Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 29th. Zacks Research upgraded Sherwin-Williams from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 31st. Mizuho reduced their price objective on Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating for the company in a research report on Monday, March 23rd. Finally, Weiss Ratings downgraded shares of Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday. Eight analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $374.38.

About Sherwin-Williams

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.