Pacer Advisors Inc. Trims Stake in The Sherwin-Williams Company $SHW

Pacer Advisors Inc. cut its stake in The Sherwin-Williams Company (NYSE:SHW) by 35.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,971 shares of the specialty chemicals company’s stock after selling 6,484 shares during the quarter. Pacer Advisors Inc.’s holdings in Sherwin-Williams were worth $3,837,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Wilkerson Advisory Group LLC increased its holdings in shares of Sherwin-Williams by 172.4% during the 1st quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company’s stock valued at $25,000 after purchasing an additional 50 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new stake in Sherwin-Williams during the fourth quarter worth $27,000. Ares Financial Consulting LLC acquired a new stake in Sherwin-Williams during the fourth quarter valued at $27,000. Whipplewood Advisors LLC acquired a new stake in Sherwin-Williams during the first quarter valued at $28,000. Finally, Kemnay Advisory Services Inc. purchased a new position in Sherwin-Williams in the fourth quarter valued at $30,000. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Wall Street Analyst Weigh In

SHW has been the topic of several recent analyst reports. JPMorgan Chase & Co. increased their target price on shares of Sherwin-Williams from $365.00 to $380.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Weiss Ratings upgraded Sherwin-Williams from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Wells Fargo & Company set a $360.00 price target on Sherwin-Williams and gave the stock an “equal weight” rating in a report on Wednesday, July 29th. Berenberg Bank set a $380.00 price target on Sherwin-Williams in a research report on Monday, June 8th. Finally, Jefferies Financial Group reissued a “hold” rating and issued a $375.00 price objective on shares of Sherwin-Williams in a report on Tuesday, July 28th. Nine equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $385.44.

Sherwin-Williams Stock Performance

SHW opened at $363.08 on Friday. The company has a quick ratio of 0.46, a current ratio of 0.73 and a debt-to-equity ratio of 2.16. The company has a market cap of $88.14 billion, a price-to-earnings ratio of 33.46, a PEG ratio of 2.75 and a beta of 1.10. The Sherwin-Williams Company has a 52-week low of $289.86 and a 52-week high of $379.65. The firm’s fifty day simple moving average is $328.64 and its two-hundred day simple moving average is $332.31.

Sherwin-Williams (NYSE:SHW) last released its earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 EPS for the quarter, topping analysts’ consensus estimates of $3.52 by $0.18. Sherwin-Williams had a net margin of 11.01% and a return on equity of 67.97%. The business had revenue of $6.79 billion during the quarter, compared to analysts’ expectations of $6.60 billion. During the same quarter in the previous year, the company earned $3.38 earnings per share. The company’s quarterly revenue was up 7.5% on a year-over-year basis. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. Equities analysts anticipate that The Sherwin-Williams Company will post 12.08 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 21st will be paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Friday, August 21st. Sherwin-Williams’s payout ratio is 29.49%.

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.