Spear Holdings RSC Ltd Has $67.14 Million Stake in The Sherwin-Williams Company $SHW

Spear Holdings RSC Ltd trimmed its position in shares of The Sherwin-Williams Company (NYSE:SHW) by 26.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 209,466 shares of the specialty chemicals company’s stock after selling 75,306 shares during the quarter. Sherwin-Williams accounts for 6.7% of Spear Holdings RSC Ltd’s portfolio, making the stock its 7th largest position. Spear Holdings RSC Ltd’s holdings in Sherwin-Williams were worth $67,144,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank bought a new stake in shares of Sherwin-Williams in the 4th quarter valued at $1,089,450,000. Viking Global Investors LP lifted its holdings in Sherwin-Williams by 101.4% during the second quarter. Viking Global Investors LP now owns 1,957,750 shares of the specialty chemicals company’s stock worth $672,213,000 after acquiring an additional 985,520 shares in the last quarter. Balyasny Asset Management L.P. grew its stake in Sherwin-Williams by 53,827.1% in the fourth quarter. Balyasny Asset Management L.P. now owns 662,225 shares of the specialty chemicals company’s stock valued at $214,581,000 after acquiring an additional 660,997 shares during the period. Vanguard Group Inc. grew its stake in Sherwin-Williams by 2.7% in the fourth quarter. Vanguard Group Inc. now owns 23,237,824 shares of the specialty chemicals company’s stock valued at $7,529,752,000 after acquiring an additional 600,119 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Sherwin-Williams by 34.0% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,023,949 shares of the specialty chemicals company’s stock worth $655,820,000 after acquiring an additional 513,126 shares in the last quarter. Institutional investors and hedge funds own 77.67% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on SHW shares. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $405.00 price target (up from $391.00) on shares of Sherwin-Williams in a research report on Wednesday, July 8th. Zacks Research upgraded shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 31st. Berenberg Bank set a $380.00 price target on shares of Sherwin-Williams in a research note on Monday, June 8th. Weiss Ratings downgraded shares of Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, July 17th. Finally, BMO Capital Markets boosted their price objective on shares of Sherwin-Williams from $355.00 to $400.00 and gave the company an “outperform” rating in a research report on Monday, July 6th. Seven analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $373.92.

Sherwin-Williams Price Performance

Shares of SHW opened at $310.39 on Friday. The company has a quick ratio of 0.53, a current ratio of 0.86 and a debt-to-equity ratio of 2.10. The Sherwin-Williams Company has a twelve month low of $289.86 and a twelve month high of $379.65. The stock has a market capitalization of $76.55 billion, a P/E ratio of 29.79, a P/E/G ratio of 2.48 and a beta of 1.10. The company has a 50 day moving average of $320.37 and a 200-day moving average of $332.32.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings data 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 company had revenue of $5.67 billion for the quarter, compared to analysts’ expectations of $5.56 billion. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.The business’s revenue was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.25 EPS. 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 fiscal year.

Sherwin-Williams Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 21st will be paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Friday, August 21st. Sherwin-Williams’s dividend payout ratio is 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.