SG Americas Securities LLC Boosts Holdings in The Sherwin-Williams Company $SHW

SG Americas Securities LLC boosted its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 195.3% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 80,179 shares of the specialty chemicals company’s stock after purchasing an additional 53,028 shares during the period. SG Americas Securities LLC’s holdings in Sherwin-Williams were worth $25,701,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of SHW. Vanguard Group Inc. boosted its stake in shares of Sherwin-Williams by 2.7% in the fourth quarter. Vanguard Group Inc. now owns 23,237,824 shares of the specialty chemicals company’s stock worth $7,529,752,000 after buying an additional 600,119 shares during the last quarter. State Street Corp boosted its position in Sherwin-Williams by 2.4% in the 4th quarter. State Street Corp now owns 15,638,974 shares of the specialty chemicals company’s stock worth $5,067,497,000 after purchasing an additional 364,832 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Sherwin-Williams by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 5,231,615 shares of the specialty chemicals company’s stock worth $1,687,498,000 after purchasing an additional 37,145 shares during the period. Capital Research Global Investors grew its stake in shares of Sherwin-Williams by 0.3% during the 3rd quarter. Capital Research Global Investors now owns 3,432,977 shares of the specialty chemicals company’s stock worth $1,188,698,000 after purchasing an additional 11,560 shares during the period. Finally, Norges Bank purchased a new position in shares of Sherwin-Williams during the 4th quarter valued at approximately $1,089,450,000. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Sherwin-Williams Stock Performance

SHW opened at $333.09 on Thursday. The firm’s fifty day simple moving average is $316.44 and its two-hundred day simple moving average is $330.98. The Sherwin-Williams Company has a 52-week low of $289.86 and a 52-week high of $379.65. The company has a market cap of $82.15 billion, a price-to-earnings ratio of 31.97, a PEG ratio of 2.79 and a beta of 1.12. The company has a quick ratio of 0.53, a current ratio of 0.86 and a debt-to-equity ratio of 2.10.

Sherwin-Williams (NYSE:SHW) last released its earnings results 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 net margin of 10.86% and a return on equity of 64.55%. The business had revenue of $5.67 billion during the quarter, compared to analysts’ expectations of $5.56 billion. During the same quarter in the previous year, the company earned $2.25 earnings per share. The company’s quarterly revenue was up 6.9% on a year-over-year basis. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Equities analysts anticipate that The Sherwin-Williams Company will post 11.77 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

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

Wall Street Analysts Forecast Growth

SHW has been the topic of a number of recent analyst reports. Evercore reissued an “outperform” rating on shares of Sherwin-Williams in a report on Friday, May 8th. JPMorgan Chase & Co. decreased their price objective on shares of Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. Berenberg Bank set a $380.00 price target on Sherwin-Williams in a research note on Monday, June 8th. Bank of America lowered their price target on Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 21st. Finally, Weiss Ratings lowered Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 2nd. Eight analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $368.69.

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.