SRB Corp Sells 2,029 Shares of The Sherwin-Williams Company $SHW

SRB Corp decreased its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 1.8% during the first quarter, Holdings Channel reports. The firm owned 110,041 shares of the specialty chemicals company’s stock after selling 2,029 shares during the quarter. Sherwin-Williams comprises about 2.2% of SRB Corp’s holdings, making the stock its 17th biggest position. SRB Corp’s holdings in Sherwin-Williams were worth $35,274,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SHW. Wilkerson Advisory Group LLC grew its position in Sherwin-Williams by 172.4% in the 1st quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company’s stock worth $25,000 after purchasing an additional 50 shares during the period. Ares Financial Consulting LLC bought a new position in shares of Sherwin-Williams during the 4th quarter valued at $27,000. Lloyd Advisory Services LLC. bought a new position in shares of Sherwin-Williams during the 4th quarter valued at $27,000. Whipplewood Advisors LLC purchased a new position in shares of Sherwin-Williams in the 1st quarter worth $28,000. Finally, Kemnay Advisory Services Inc. purchased a new position in shares of Sherwin-Williams in the 4th quarter worth $30,000. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on the company. Royal Bank Of Canada reiterated 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. Citigroup initiated coverage on Sherwin-Williams in a research report on Wednesday, June 24th. They issued an “overweight” rating on the stock. BMO Capital Markets boosted their price target on Sherwin-Williams from $355.00 to $400.00 and gave the company an “outperform” rating in a research note on Monday, July 6th. Wells Fargo & Company reduced their price target on shares of Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 29th. Finally, Zacks Research upgraded shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. Seven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $373.92.

Sherwin-Williams Trading Up 2.3%

NYSE:SHW opened at $317.59 on Friday. 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 moving average price of $320.72 and a 200-day moving average price of $332.22. The firm has a market capitalization of $78.33 billion, a price-to-earnings ratio of 30.48, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.86 and a quick ratio of 0.53.

Sherwin-Williams (NYSE:SHW) last released its earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.08. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.The company had revenue of $5.67 billion for the quarter, compared to the consensus estimate of $5.56 billion. During the same period in the previous year, the business earned $2.25 earnings per share. Sherwin-Williams’s quarterly revenue 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. Sell-side analysts forecast that The Sherwin-Williams Company will post 11.78 EPS for the current year.

Sherwin-Williams Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 21st will be paid a $0.80 dividend. The ex-dividend date of this dividend is Friday, August 21st. This represents a $3.20 annualized dividend and a dividend yield of 1.0%. Sherwin-Williams’s dividend payout ratio (DPR) is 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.