Monetary Management Group Inc. Has $1.56 Million Position in The Sherwin-Williams Company $SHW

Monetary Management Group Inc. lowered its stake in The Sherwin-Williams Company (NYSE:SHW) by 33.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,813 shares of the specialty chemicals company’s stock after selling 2,415 shares during the period. Monetary Management Group Inc.’s holdings in Sherwin-Williams were worth $1,560,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Pettyjohn Wood & White Inc. increased its holdings in shares of Sherwin-Williams by 4.7% in the fourth quarter. Pettyjohn Wood & White Inc. now owns 5,912 shares of the specialty chemicals company’s stock valued at $1,916,000 after purchasing an additional 264 shares in the last quarter. Westerkirk Capital Inc. increased its holdings in shares of Sherwin-Williams by 97.8% in the fourth quarter. Westerkirk Capital Inc. now owns 1,879 shares of the specialty chemicals company’s stock valued at $609,000 after purchasing an additional 929 shares in the last quarter. Cerity Partners LLC lifted its position in Sherwin-Williams by 35.9% during the 4th quarter. Cerity Partners LLC now owns 120,741 shares of the specialty chemicals company’s stock valued at $39,124,000 after purchasing an additional 31,864 shares during the period. LPL Financial LLC lifted its position in Sherwin-Williams by 1.8% during the 4th quarter. LPL Financial LLC now owns 253,932 shares of the specialty chemicals company’s stock valued at $82,282,000 after purchasing an additional 4,485 shares during the period. Finally, Franklin Resources Inc. lifted its position in Sherwin-Williams by 0.7% during the 4th quarter. Franklin Resources Inc. now owns 1,418,042 shares of the specialty chemicals company’s stock valued at $459,488,000 after purchasing an additional 9,983 shares during the period. Institutional investors and hedge funds own 77.67% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on SHW. BMO Capital Markets set a $355.00 target price on shares of Sherwin-Williams and gave the company an “outperform” rating in a research report on Wednesday, June 3rd. Weiss Ratings downgraded shares of Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, June 2nd. Zacks Research upgraded shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. Royal Bank Of Canada cut their target price on shares of Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating on the stock in a research report on Thursday, March 19th. Finally, UBS Group downgraded shares of Sherwin-Williams from a “buy” rating to a “neutral” rating and cut their target price for the company from $385.00 to $330.00 in a research report on Tuesday, June 2nd. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $366.77.

Sherwin-Williams Stock Performance

Sherwin-Williams stock opened at $299.49 on Tuesday. The company has a market cap of $73.87 billion, a PE ratio of 28.74, a PEG ratio of 2.64 and a beta of 1.12. The company’s 50-day moving average is $317.72 and its two-hundred day moving average is $332.65. The company has a current ratio of 0.86, a quick ratio of 0.53 and a debt-to-equity ratio of 2.10. The Sherwin-Williams Company has a 1 year low of $289.86 and a 1 year high of $379.65.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share for the quarter, beating analysts’ consensus estimates 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%. Sherwin-Williams’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same period last year, the company posted $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Equities analysts anticipate that The Sherwin-Williams Company will post 11.74 earnings per share for the current year.

Sherwin-Williams Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 22nd were given a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Friday, May 22nd. Sherwin-Williams’s dividend payout ratio (DPR) is currently 30.71%.

Sherwin-Williams Company 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.