The Sherwin-Williams Company $SHW Shares Sold by GPS Wealth Strategies Group LLC

GPS Wealth Strategies Group LLC cut its stake in The Sherwin-Williams Company (NYSE:SHW) by 65.6% during the 4th quarter, HoldingsChannel reports. The firm owned 1,677 shares of the specialty chemicals company’s stock after selling 3,201 shares during the quarter. GPS Wealth Strategies Group LLC’s holdings in Sherwin-Williams were worth $543,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in SHW. Wealthfront Advisers LLC lifted its position in shares of Sherwin-Williams by 26.1% during the third quarter. Wealthfront Advisers LLC now owns 30,927 shares of the specialty chemicals company’s stock worth $10,709,000 after purchasing an additional 6,408 shares in the last quarter. Mairs & Power Inc. lifted its holdings in Sherwin-Williams by 0.7% in the 3rd quarter. Mairs & Power Inc. now owns 464,043 shares of the specialty chemicals company’s stock worth $160,680,000 after buying an additional 3,430 shares in the last quarter. Westview Management dba Westview Investment Advisors acquired a new position in Sherwin-Williams in the 4th quarter worth $2,655,000. Calamos Advisors LLC lifted its holdings in Sherwin-Williams by 5.4% in the 4th 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, Compass Wealth Management LLC acquired a new position in Sherwin-Williams in the 3rd quarter worth $2,112,000. 77.67% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Sherwin-Williams news, SVP Bryan J. Young sold 2,513 shares of the company’s stock in a transaction dated 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 transaction, the senior vice president owned 10,045 shares in the company, valued at approximately $3,661,101.15. This represents a 20.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.23% of the company’s stock.

Sherwin-Williams Stock Performance

Shares of Sherwin-Williams stock opened at $309.71 on Friday. The firm has a market cap of $76.39 billion, a PE ratio of 29.72, a price-to-earnings-growth ratio of 2.68 and a beta of 1.16. The Sherwin-Williams Company has a 1 year low of $294.32 and a 1 year high of $379.65. The firm’s 50-day simple moving average is $320.65 and its 200-day simple moving average is $335.39. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.53 and a current ratio of 0.86.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share for the quarter, topping the consensus estimate of $2.27 by $0.08. The firm had revenue of $5.67 billion for the quarter, compared to analyst estimates of $5.56 billion. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. Sherwin-Williams’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.25 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Equities analysts forecast that The Sherwin-Williams Company will post 11.74 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 22nd will be paid a dividend of $0.80 per share. The ex-dividend date is Friday, May 22nd. This represents a $3.20 annualized dividend and a yield of 1.0%. Sherwin-Williams’s dividend payout ratio is 30.71%.

Analysts Set New Price Targets

A number of equities analysts have commented on SHW shares. Wells Fargo & Company cut their price objective on shares of Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 29th. Mizuho cut their price objective on shares of Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating on the stock in a report on Monday, March 23rd. Citigroup cut their price objective on shares of Sherwin-Williams from $410.00 to $385.00 and set a “buy” rating on the stock in a report on Wednesday, April 1st. Zacks Research upgraded shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. Finally, Evercore restated an “outperform” rating on shares of Sherwin-Williams in a research note on Friday, May 8th. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus 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.