Varma Mutual Pension Insurance Co Acquires 1,900 Shares of The Sherwin-Williams Company $SHW

Varma Mutual Pension Insurance Co lifted its holdings in The Sherwin-Williams Company (NYSE:SHW) by 4.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 43,693 shares of the specialty chemicals company’s stock after buying an additional 1,900 shares during the period. Varma Mutual Pension Insurance Co’s holdings in Sherwin-Williams were worth $14,158,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in SHW. Ares Financial Consulting LLC bought a new stake in shares of Sherwin-Williams in the 4th quarter worth about $27,000. Lodestone Wealth Management LLC bought a new stake in shares of Sherwin-Williams in the 4th quarter worth about $31,000. Rossby Financial LCC increased its holdings in shares of Sherwin-Williams by 96.0% in the 3rd quarter. Rossby Financial LCC now owns 98 shares of the specialty chemicals company’s stock worth $33,000 after buying an additional 48 shares during the last quarter. Steigerwald Gordon & Koch Inc. purchased a new position in shares of Sherwin-Williams during the 3rd quarter worth about $42,000. Finally, Barnes Dennig Private Wealth Management LLC boosted its stake in shares of Sherwin-Williams by 42.4% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 131 shares of the specialty chemicals company’s stock worth $45,000 after purchasing an additional 39 shares during the period. 77.67% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Sherwin-Williams

In other news, SVP Bryan J. Young sold 2,513 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $364.47, for a total value of $915,913.11. Following the completion of the sale, the senior vice president owned 10,045 shares of the company’s stock, valued at approximately $3,661,101.15. This represents a 20.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.23% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on SHW. Zacks Research raised shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. Bank of America dropped their price target on shares of Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating for the company in a research note on Tuesday, April 21st. Evercore set a $390.00 price target on shares of Sherwin-Williams in a research note on Wednesday, April 29th. Royal Bank Of Canada dropped their price target 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. Finally, 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 note on Wednesday, April 29th. Ten investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, Sherwin-Williams has an average rating of “Moderate Buy” and a consensus target price of $375.33.

Sherwin-Williams Price Performance

Sherwin-Williams stock opened at $310.55 on Tuesday. The stock has a market cap of $76.59 billion, a price-to-earnings ratio of 29.80, a price-to-earnings-growth ratio of 2.75 and a beta of 1.16. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.86 and a quick ratio of 0.53. The Sherwin-Williams Company has a 1 year low of $301.58 and a 1 year high of $379.65. The firm has a 50-day moving average of $331.28 and a two-hundred day moving average of $338.10.

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. The company had revenue of $5.67 billion during 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 firm’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the company earned $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. On average, research analysts forecast that The Sherwin-Williams Company will post 11.74 earnings per share for the current year.

Sherwin-Williams Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 22nd will be 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 is Friday, May 22nd. Sherwin-Williams’s dividend payout ratio is presently 30.71%.

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.