Hsbc Holdings PLC Has $226.71 Million Stock Holdings in The Sherwin-Williams Company $SHW

Hsbc Holdings PLC lifted its holdings in The Sherwin-Williams Company (NYSE:SHW) by 3.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 699,193 shares of the specialty chemicals company’s stock after purchasing an additional 26,224 shares during the quarter. Hsbc Holdings PLC’s holdings in Sherwin-Williams were worth $226,709,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SHW. Fideuram Asset Management Ireland dac bought a new position in Sherwin-Williams in the 4th quarter worth approximately $2,496,000. Mairs & Power Inc. boosted its position in Sherwin-Williams by 0.7% in the 3rd quarter. Mairs & Power Inc. now owns 464,043 shares of the specialty chemicals company’s stock valued at $160,680,000 after buying an additional 3,430 shares during the last quarter. Westview Management dba Westview Investment Advisors bought a new position in Sherwin-Williams in the 4th quarter valued at $2,655,000. Regents Gate Capital LLP increased its stake in shares of Sherwin-Williams by 51.9% in the 3rd quarter. Regents Gate Capital LLP now owns 9,175 shares of the specialty chemicals company’s stock valued at $3,177,000 after buying an additional 3,134 shares during the period. Finally, Calamos Advisors LLC increased its stake in shares of Sherwin-Williams by 5.4% in the 4th quarter. Calamos Advisors LLC now owns 180,602 shares of the specialty chemicals company’s stock valued at $58,520,000 after buying an additional 9,196 shares during the period. Institutional investors and hedge funds own 77.67% of the company’s stock.

Sherwin-Williams Stock Performance

Shares of Sherwin-Williams stock opened at $321.38 on Friday. The firm has a fifty day moving average of $317.09 and a two-hundred day moving average of $331.32. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.53 and a current ratio of 0.86. The stock has a market capitalization of $79.27 billion, a price-to-earnings ratio of 30.84, a PEG ratio of 2.77 and a beta of 1.12. The Sherwin-Williams Company has a 52 week low of $289.86 and a 52 week high of $379.65.

Sherwin-Williams (NYSE:SHW) last posted its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.27 by $0.08. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.The business had revenue of $5.67 billion for the quarter, compared to analyst estimates of $5.56 billion. During the same period last year, the company earned $2.25 EPS. The firm’s 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. As a group, equities research analysts predict that The Sherwin-Williams Company will post 11.77 EPS for the current year.

Sherwin-Williams Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders 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 yield of 1.0%. Sherwin-Williams’s dividend payout ratio (DPR) is 30.71%.

Wall Street Analyst Weigh In

SHW has been the topic of several research reports. Evercore reaffirmed an “outperform” rating on shares of Sherwin-Williams in a research note on Friday, May 8th. Mizuho lowered their price objective on Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating for the company in a research report on Monday, March 23rd. UBS Group cut Sherwin-Williams from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $385.00 to $330.00 in a report on Tuesday, June 2nd. Citigroup started coverage on shares of Sherwin-Williams in a research report on Thursday, June 4th. They set a “buy” rating and a $355.00 target price on the stock. Finally, Weiss Ratings lowered shares of Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 2nd. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price 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.