Havemeyer Place LP Makes New Investment in The Sherwin-Williams Company $SHW

Havemeyer Place LP purchased a new position in shares of The Sherwin-Williams Company (NYSE:SHW) in the fourth quarter, HoldingsChannel reports. The fund purchased 2,275 shares of the specialty chemicals company’s stock, valued at approximately $737,000.

Other large investors have also recently bought and sold shares of the company. Lloyd Advisory Services LLC. acquired a new position in Sherwin-Williams during the 4th quarter worth approximately $27,000. Ares Financial Consulting LLC acquired a new position in Sherwin-Williams during the 4th quarter worth approximately $27,000. Lodestone Wealth Management LLC acquired a new position in Sherwin-Williams during the 4th quarter worth approximately $31,000. Rossby Financial LCC boosted its position in Sherwin-Williams by 96.0% during the 3rd quarter. Rossby Financial LCC now owns 98 shares of the specialty chemicals company’s stock worth $33,000 after acquiring an additional 48 shares during the last quarter. Finally, JPL Wealth Management LLC acquired a new position in Sherwin-Williams during the 3rd quarter worth approximately $45,000. Institutional investors and hedge funds own 77.67% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on SHW shares. Citigroup started coverage on shares of Sherwin-Williams in a research note on Thursday, June 4th. They issued a “buy” rating and a $355.00 target price for the company. Mizuho decreased their target price on shares of Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating for the company in a research note on Monday, March 23rd. Zacks Research raised shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. BMO Capital Markets set a $355.00 target price on shares of Sherwin-Williams and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. Finally, UBS Group cut shares of Sherwin-Williams from a “buy” rating to a “neutral” rating and decreased their target price for the company from $385.00 to $330.00 in a research note on Tuesday, June 2nd. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Sherwin-Williams currently has an average rating of “Moderate Buy” and an average price target of $366.77.

Sherwin-Williams Price Performance

NYSE:SHW opened at $299.49 on Tuesday. The firm has a fifty day simple moving average of $317.72 and a 200 day simple moving average of $332.65. The Sherwin-Williams Company has a 1-year low of $289.86 and a 1-year high of $379.65. The stock has a market capitalization of $73.87 billion, a PE ratio of 28.74, a P/E/G ratio of 2.64 and a beta of 1.12. 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 results 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. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.The business had revenue of $5.67 billion during the quarter, compared to the consensus estimate of $5.56 billion. During the same quarter last year, the firm posted $2.25 EPS. The company’s quarterly 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. On average, research analysts expect that The Sherwin-Williams Company will post 11.74 EPS for the current fiscal year.

Sherwin-Williams Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 22nd were issued a dividend of $0.80 per share. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $3.20 annualized dividend and a yield of 1.1%. Sherwin-Williams’s dividend payout ratio (DPR) is currently 30.71%.

Sherwin-Williams 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.