Sequoia Financial Advisors LLC Sells 6,046 Shares of The Sherwin-Williams Company $SHW

Sequoia Financial Advisors LLC lowered its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 4.2% during the 1st quarter, HoldingsChannel.com reports. The firm owned 138,898 shares of the specialty chemicals company’s stock after selling 6,046 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Sherwin-Williams were worth $44,524,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the company. Ares Financial Consulting LLC bought a new stake in shares of Sherwin-Williams in the 4th quarter worth about $27,000. Lloyd Advisory Services LLC. bought a new stake in Sherwin-Williams in the fourth quarter worth about $27,000. Whipplewood Advisors LLC purchased a new position in shares of Sherwin-Williams during the first quarter valued at approximately $28,000. Kemnay Advisory Services Inc. bought a new position in shares of Sherwin-Williams during the fourth quarter valued at approximately $30,000. Finally, Lodestone Wealth Management LLC purchased a new stake in shares of Sherwin-Williams in the fourth quarter worth approximately $31,000. Institutional investors own 77.67% of the company’s stock.

Sherwin-Williams Stock Up 0.7%

SHW stock traded up $2.28 during trading on Friday, hitting $334.31. 1,081,483 shares of the company’s stock traded hands, compared to its average volume of 2,600,526. The firm has a market capitalization of $82.45 billion, a P/E ratio of 32.08, a PEG ratio of 2.87 and a beta of 1.10. The Sherwin-Williams Company has a 1 year low of $289.86 and a 1 year 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 business has a fifty day simple moving average of $318.45 and a two-hundred day simple moving average of $332.24.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings results 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. The business had revenue of $5.67 billion for the quarter, compared to the consensus estimate of $5.56 billion. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.The business’s revenue was up 6.9% compared to the same quarter last year. During the same period last year, the business posted $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Sell-side analysts anticipate that The Sherwin-Williams Company will post 11.77 EPS for the current year.

Sherwin-Williams Dividend Announcement

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 $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Friday, May 22nd. Sherwin-Williams’s dividend payout ratio (DPR) is currently 30.71%.

Wall Street Analyst Weigh In

SHW has been the topic of several research analyst reports. Berenberg Bank set a $380.00 price objective on Sherwin-Williams in a research report on Monday, June 8th. Wells Fargo & Company reduced 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 research note on Wednesday, April 29th. Evercore restated an “outperform” rating on shares of Sherwin-Williams in a research note on Friday, May 8th. Zacks Research upgraded Sherwin-Williams from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 31st. Finally, Bank of America reduced their price objective on Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating on the stock in a report on Tuesday, April 21st. Eight equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, Sherwin-Williams currently has an average rating of “Moderate Buy” and an average target price of $374.38.

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.