The Sherwin-Williams Company $SHW Holdings Lowered by Natixis Advisors LLC

Natixis Advisors LLC trimmed its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 36.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 204,741 shares of the specialty chemicals company’s stock after selling 116,889 shares during the quarter. Natixis Advisors LLC’s holdings in Sherwin-Williams were worth $66,342,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wealthfront Advisers LLC raised its position in shares of Sherwin-Williams by 26.1% during the 3rd quarter. Wealthfront Advisers LLC now owns 30,927 shares of the specialty chemicals company’s stock worth $10,709,000 after buying an additional 6,408 shares in the last quarter. Mairs & Power Inc. raised its position in shares of Sherwin-Williams by 0.7% during the 3rd quarter. Mairs & Power Inc. now owns 464,043 shares of the specialty chemicals company’s stock worth $160,680,000 after buying an additional 3,430 shares in the last quarter. Fideuram Asset Management Ireland dac acquired a new position in shares of Sherwin-Williams in the 4th quarter worth approximately $2,496,000. Westview Management dba Westview Investment Advisors acquired a new position in shares of Sherwin-Williams in the 4th quarter worth approximately $2,655,000. Finally, Willis Investment Counsel acquired a new position in shares of Sherwin-Williams in the 3rd quarter worth approximately $7,766,000. 77.67% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on SHW shares. Royal Bank Of Canada lowered their price objective on shares of Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating on the stock in a research note on Thursday, March 19th. Bank of America lowered their price objective on shares of Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 21st. Citigroup lowered their price objective on shares of Sherwin-Williams from $410.00 to $385.00 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. Mizuho lowered their price objective on shares of Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating on the stock in a research note on Monday, March 23rd. Finally, Wells Fargo & Company lowered their price objective on shares of Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 29th. Eight analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $371.17.

Sherwin-Williams Stock Performance

Shares of SHW opened at $292.65 on Wednesday. The firm’s 50 day moving average is $319.29 and its 200-day moving average is $333.87. The stock has a market capitalization of $72.18 billion, a P/E ratio of 28.08, a P/E/G ratio of 2.55 and a beta of 1.12. 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 Sherwin-Williams Company has a 12-month low of $289.86 and a 12-month high of $379.65.

Sherwin-Williams (NYSE:SHW) last released its earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share for the quarter, topping the consensus estimate of $2.27 by $0.08. The business had revenue of $5.67 billion for the quarter, compared to the consensus estimate of $5.56 billion. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The firm’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period last year, the firm posted $2.25 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Equities research analysts anticipate that The Sherwin-Williams Company will post 11.74 EPS for the current fiscal year.

Sherwin-Williams Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 22nd will be given a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, May 22nd. Sherwin-Williams’s dividend payout ratio (DPR) 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.