The Sherwin-Williams Company $SHW Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC lessened its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 13.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 426,632 shares of the specialty chemicals company’s stock after selling 64,797 shares during the quarter. HighTower Advisors LLC’s holdings in Sherwin-Williams were worth $138,242,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Brighton Jones LLC lifted its holdings in Sherwin-Williams by 73.6% in the 4th quarter. Brighton Jones LLC now owns 1,545 shares of the specialty chemicals company’s stock valued at $525,000 after purchasing an additional 655 shares in the last quarter. Empowered Funds LLC lifted its stake in shares of Sherwin-Williams by 11.2% during the first quarter. Empowered Funds LLC now owns 6,236 shares of the specialty chemicals company’s stock valued at $2,178,000 after buying an additional 626 shares during the period. Jump Financial LLC acquired a new stake in Sherwin-Williams during the second quarter worth approximately $1,210,000. Sei Investments Co. boosted its position in Sherwin-Williams by 43.6% during the second quarter. Sei Investments Co. now owns 196,915 shares of the specialty chemicals company’s stock worth $67,612,000 after acquiring an additional 59,831 shares during the last quarter. Finally, Glenview Trust co grew its stake in Sherwin-Williams by 4.8% in the 2nd quarter. Glenview Trust co now owns 3,249 shares of the specialty chemicals company’s stock worth $1,116,000 after acquiring an additional 148 shares during the period. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Insider Buying and Selling at Sherwin-Williams

In related news, SVP Bryan J. Young sold 2,513 shares of Sherwin-Williams stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $364.47, for a total transaction of $915,913.11. Following the transaction, the senior vice president owned 10,045 shares in the company, valued at approximately $3,661,101.15. The trade was a 20.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.23% of the company’s stock.

Sherwin-Williams Stock Performance

Sherwin-Williams stock opened at $298.65 on Wednesday. The company has a market cap of $73.66 billion, a price-to-earnings ratio of 28.66, a price-to-earnings-growth ratio of 2.62 and a beta of 1.16. The Sherwin-Williams Company has a 12 month low of $294.32 and a 12 month high of $379.65. 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 stock’s 50-day moving average is $321.85 and its 200-day moving average is $336.10.

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, topping analysts’ consensus estimates of $2.27 by $0.08. The firm had revenue of $5.67 billion during the quarter, compared to the consensus estimate of $5.56 billion. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The company’s revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Equities analysts anticipate that The Sherwin-Williams Company will post 11.74 earnings per share for the current year.

Sherwin-Williams Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 22nd will be paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, May 22nd. Sherwin-Williams’s dividend payout ratio (DPR) is currently 30.71%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on SHW. UBS Group reduced their price target on Sherwin-Williams from $420.00 to $380.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. Royal Bank Of Canada reduced their target price on Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating on the stock in a research report on Thursday, March 19th. Evercore reissued an “outperform” rating on shares of Sherwin-Williams in a research note on Friday, May 8th. Bank of America lowered their price target on Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating for the company in a report on Tuesday, April 21st. Finally, JPMorgan Chase & Co. decreased their target price on shares of Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 29th. Nine research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Sherwin-Williams currently has a consensus rating of “Moderate Buy” and an average price target of $375.33.

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.