Swiss Life Asset Management Ltd Raises Stock Holdings in The Sherwin-Williams Company $SHW

Swiss Life Asset Management Ltd boosted its stake in The Sherwin-Williams Company (NYSE:SHW) by 10.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 47,517 shares of the specialty chemicals company’s stock after buying an additional 4,450 shares during the period. Swiss Life Asset Management Ltd’s holdings in Sherwin-Williams were worth $15,397,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ares Financial Consulting LLC purchased a new stake in Sherwin-Williams in the 4th quarter valued at about $27,000. Lodestone Wealth Management LLC purchased a new stake in Sherwin-Williams in the 4th quarter valued at about $31,000. Rossby Financial LCC raised its holdings in Sherwin-Williams by 96.0% in the 3rd quarter. Rossby Financial LCC now owns 98 shares of the specialty chemicals company’s stock valued at $33,000 after buying an additional 48 shares during the period. JPL Wealth Management LLC acquired a new position in Sherwin-Williams in the 3rd quarter valued at about $45,000. Finally, Networth Advisors LLC acquired a new position in Sherwin-Williams in the 4th quarter valued at about $58,000. 77.67% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have weighed in on SHW shares. Royal Bank Of Canada dropped their target price on Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating for the company in a research report on Thursday, March 19th. Deutsche Bank Aktiengesellschaft downgraded Sherwin-Williams from a “buy” rating to a “hold” rating and set a $380.00 target price for the company. in a research report on Thursday, January 22nd. Zacks Research raised Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. Weiss Ratings raised Sherwin-Williams from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, April 29th. Finally, Citigroup dropped their target price on Sherwin-Williams from $410.00 to $385.00 and set a “buy” rating for the company in a research report on Wednesday, April 1st. Ten equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $375.33.

Insiders Place Their Bets

In related news, SVP Bryan J. Young sold 2,513 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $364.47, for a total transaction of $915,913.11. Following the completion of the sale, the senior vice president owned 10,045 shares in the company, valued at $3,661,101.15. The trade was a 20.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.23% of the stock is currently owned by insiders.

Sherwin-Williams Stock Performance

Shares of Sherwin-Williams stock opened at $312.61 on Tuesday. The Sherwin-Williams Company has a one year low of $301.58 and a one year high of $379.65. The company has a market cap of $77.10 billion, a PE ratio of 30.00, a P/E/G ratio of 2.74 and a beta of 1.16. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.53 and a current ratio of 0.86. The business has a 50-day simple moving average of $326.85 and a 200-day simple moving average of $337.55.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings data 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 business had revenue of $5.67 billion during the quarter, compared to the consensus estimate of $5.56 billion. During the same period in the previous year, the company posted $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. On average, equities research analysts forecast that The Sherwin-Williams Company will post 11.74 EPS for the current fiscal year.

Sherwin-Williams Announces Dividend

The firm also recently announced 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 payout ratio is presently 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.