Welch Group LLC Has $8.62 Million Holdings in The Sherwin-Williams Company $SHW

Welch Group LLC increased its position in shares of The Sherwin-Williams Company (NYSE:SHW) by 6.0% in the 1st quarter, HoldingsChannel reports. The firm owned 26,902 shares of the specialty chemicals company’s stock after acquiring an additional 1,520 shares during the quarter. Welch Group LLC’s holdings in Sherwin-Williams were worth $8,623,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Ares Financial Consulting LLC bought a new position in Sherwin-Williams in the 4th quarter valued at about $27,000. Lloyd Advisory Services LLC. bought a new stake in shares of Sherwin-Williams during the 4th quarter worth approximately $27,000. Kemnay Advisory Services Inc. bought a new stake in shares of Sherwin-Williams during the 4th quarter worth approximately $30,000. Lodestone Wealth Management LLC acquired a new stake in shares of Sherwin-Williams in the 4th quarter valued at $31,000. Finally, Meeder Asset Management Inc. acquired a new stake in Sherwin-Williams in the fourth quarter valued at about $33,000. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Sherwin-Williams Stock Performance

NYSE:SHW opened at $344.84 on Friday. The stock’s 50-day moving average is $316.88 and its 200-day moving average is $331.11. The Sherwin-Williams Company has a 1-year low of $289.86 and a 1-year high of $379.65. 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 stock has a market cap of $85.05 billion, a P/E ratio of 33.09, a price-to-earnings-growth ratio of 2.93 and a beta of 1.12.

Sherwin-Williams (NYSE:SHW) last issued its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share (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 business had revenue of $5.67 billion during the quarter, compared to analyst estimates of $5.56 billion. During the same quarter last year, the business earned $2.25 EPS. The firm’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 research analysts anticipate that The Sherwin-Williams Company will post 11.77 earnings per share for the current year.

Sherwin-Williams Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were paid a dividend of $0.80 per share. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $3.20 annualized dividend and a dividend yield of 0.9%. Sherwin-Williams’s dividend payout ratio (DPR) is presently 30.71%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Wells Fargo & Company lowered their price objective on shares of Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 29th. Zacks Research upgraded shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. Bank of America decreased their target price 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. BMO Capital Markets set a $355.00 price target on shares of Sherwin-Williams and gave the stock an “outperform” rating in a report on Wednesday, June 3rd. Finally, UBS Group cut Sherwin-Williams from a “buy” rating to a “neutral” rating and dropped their price target for the company from $385.00 to $330.00 in a research note on Tuesday, June 2nd. Eight equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Sherwin-Williams presently has an average rating of “Moderate Buy” and an average 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.