Tamar Securities LLC Increases Position in The Sherwin-Williams Company $SHW

Tamar Securities LLC boosted its holdings in The Sherwin-Williams Company (NYSE:SHW) by 13.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 60,636 shares of the specialty chemicals company’s stock after purchasing an additional 7,339 shares during the quarter. Sherwin-Williams comprises 2.1% of Tamar Securities LLC’s portfolio, making the stock its 22nd largest position. Tamar Securities LLC’s holdings in Sherwin-Williams were worth $19,648,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. CoreCap Advisors LLC grew its holdings in Sherwin-Williams by 0.6% in the fourth quarter. CoreCap Advisors LLC now owns 5,102 shares of the specialty chemicals company’s stock worth $1,653,000 after purchasing an additional 29 shares during the period. Sowell Financial Services LLC grew its holdings in Sherwin-Williams by 2.8% in the fourth quarter. Sowell Financial Services LLC now owns 1,057 shares of the specialty chemicals company’s stock worth $343,000 after purchasing an additional 29 shares during the period. Mather Group LLC. grew its holdings in Sherwin-Williams by 1.4% in the fourth quarter. Mather Group LLC. now owns 2,118 shares of the specialty chemicals company’s stock worth $686,000 after purchasing an additional 30 shares during the period. Sapient Capital LLC grew its holdings in Sherwin-Williams by 0.3% in the fourth quarter. Sapient Capital LLC now owns 9,176 shares of the specialty chemicals company’s stock worth $2,993,000 after purchasing an additional 30 shares during the period. Finally, Deseret Mutual Benefit Administrators grew its holdings in Sherwin-Williams by 6.3% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 527 shares of the specialty chemicals company’s stock worth $171,000 after purchasing an additional 31 shares during the period. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Sherwin-Williams Trading Down 0.0%

NYSE:SHW opened at $317.25 on Monday. The company’s 50 day moving average price is $317.14 and its 200-day moving average price is $332.06. The Sherwin-Williams Company has a 52 week low of $289.86 and a 52 week high of $379.65. 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 stock has a market cap of $78.25 billion, a price-to-earnings ratio of 30.45, a PEG ratio of 2.74 and a beta of 1.12.

Sherwin-Williams (NYSE:SHW) last posted its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 EPS for the quarter, beating analysts’ consensus estimates of $2.27 by $0.08. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The firm had revenue of $5.67 billion for the quarter, compared to analysts’ expectations of $5.56 billion. During the same quarter in the prior 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 11.78 earnings per share for the current fiscal year.

Sherwin-Williams Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were issued a dividend of $0.80 per share. The ex-dividend date was Friday, May 22nd. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.0%. Sherwin-Williams’s dividend payout ratio is presently 30.71%.

Analyst Upgrades and Downgrades

SHW has been the topic of a number of recent research reports. JPMorgan Chase & Co. cut their price objective on shares of Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. BMO Capital Markets set a $355.00 price objective on shares of Sherwin-Williams and gave the stock an “outperform” rating in a report on Wednesday, June 3rd. Citigroup initiated coverage on shares of Sherwin-Williams in a report on Thursday, June 4th. They issued a “buy” rating and a $355.00 price objective on the stock. Evercore restated an “outperform” rating on shares of Sherwin-Williams in a report on Friday, May 8th. Finally, Wells Fargo & Company cut their price target on shares of Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $366.77.

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.