Meiji Yasuda America Inc Makes New $3.28 Million Investment in The Sherwin-Williams Company $SHW

Meiji Yasuda America Inc bought a new position in shares of The Sherwin-Williams Company (NYSE:SHW) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 10,110 shares of the specialty chemicals company’s stock, valued at approximately $3,276,000.

Several other hedge funds have also recently modified their holdings of SHW. Lloyd Advisory Services LLC. purchased a new stake in shares of Sherwin-Williams during the 4th quarter worth approximately $27,000. Ares Financial Consulting LLC purchased a new stake in shares of Sherwin-Williams during the 4th quarter worth approximately $27,000. Lodestone Wealth Management LLC purchased a new stake in shares of Sherwin-Williams during the 4th quarter worth approximately $31,000. Rossby Financial LCC increased its stake in shares of 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 purchasing an additional 48 shares during the last quarter. Finally, Meeder Asset Management Inc. purchased a new stake in shares of Sherwin-Williams during the 4th quarter worth approximately $33,000. Institutional investors own 77.67% of the company’s stock.

Sherwin-Williams Price Performance

Sherwin-Williams stock opened at $316.79 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 $317.31 and a 200-day moving average price of $332.21. 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 firm has a market capitalization of $78.13 billion, a P/E ratio of 30.40, a PEG ratio of 2.62 and a beta of 1.12.

Sherwin-Williams (NYSE:SHW) last posted its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 EPS for the quarter, topping analysts’ consensus estimates of $2.27 by $0.08. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.The firm had revenue of $5.67 billion during the quarter, compared to analyst estimates of $5.56 billion. During the same period last year, the company earned $2.25 earnings per share. The business’s revenue for the quarter was up 6.9% on a year-over-year basis. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. As a group, equities research analysts forecast that The Sherwin-Williams Company will post 11.78 EPS for the current year.

Sherwin-Williams Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Friday, May 22nd. Sherwin-Williams’s dividend payout ratio (DPR) is presently 30.71%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on SHW. UBS Group lowered shares of Sherwin-Williams from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $385.00 to $330.00 in a research note on Tuesday, June 2nd. Berenberg Bank set a $380.00 price target on shares of Sherwin-Williams in a research note on Monday. BMO Capital Markets set a $355.00 price target on shares of Sherwin-Williams and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. Wells Fargo & Company decreased 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 note on Wednesday, April 29th. Finally, Royal Bank Of Canada decreased 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. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $366.77.

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.