Pure Financial Advisors LLC increased its position in The Sherwin-Williams Company (NYSE:SHW – Free Report) by 28.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,544 shares of the specialty chemicals company’s stock after buying an additional 1,693 shares during the period. Pure Financial Advisors LLC’s holdings in Sherwin-Williams were worth $2,445,000 at the end of the most recent reporting period.
Other large investors also recently made changes to their positions in the company. Ares Financial Consulting LLC acquired a new stake in shares of Sherwin-Williams in the 4th quarter valued at about $27,000. Lodestone Wealth Management LLC acquired a new stake in shares of Sherwin-Williams in the 4th quarter valued at about $31,000. Rossby Financial LCC grew its stake in shares of Sherwin-Williams by 96.0% in the 3rd quarter. Rossby Financial LCC now owns 98 shares of the specialty chemicals company’s stock valued at $33,000 after buying an additional 48 shares during the period. Steigerwald Gordon & Koch Inc. acquired a new position in Sherwin-Williams during the 3rd quarter valued at about $42,000. Finally, JPL Wealth Management LLC acquired a new position in Sherwin-Williams during the 3rd quarter valued at about $45,000. 77.67% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at Sherwin-Williams
In other Sherwin-Williams news, SVP Bryan J. Young sold 2,513 shares of Sherwin-Williams stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $364.47, for a total transaction of $915,913.11. Following the transaction, the senior vice president owned 10,045 shares of the company’s stock, valued at $3,661,101.15. This trade represents a 20.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.23% of the stock is currently owned by corporate insiders.
Sherwin-Williams Price Performance
Sherwin-Williams (NYSE:SHW – Get Free Report) last posted its earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 EPS for the quarter, topping the consensus estimate 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 last year, the firm earned $2.25 EPS. The company’s quarterly revenue was up 6.9% compared to the same quarter last year. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. On average, equities analysts predict that The Sherwin-Williams Company will post 11.74 earnings per share for the current year.
Sherwin-Williams Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 22nd will be given a dividend of $0.80 per share. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $3.20 annualized dividend and a dividend yield of 1.0%. Sherwin-Williams’s dividend payout ratio (DPR) is currently 30.71%.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on SHW shares. Royal Bank Of Canada cut their price target on Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating for the company in a research note on Thursday, March 19th. Wells Fargo & Company cut their price target on Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 29th. Bank of America cut their price target on Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating for the company in a research note on Tuesday, April 21st. Citigroup cut their price target on Sherwin-Williams from $410.00 to $385.00 and set a “buy” rating for the company in a research note on Wednesday, April 1st. Finally, Evercore reiterated an “outperform” rating on shares of Sherwin-Williams in a research note on Friday. Ten analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $375.33.
Check Out Our Latest Stock Analysis on SHW
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.
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