World Investment Advisors increased its position in The Sherwin-Williams Company (NYSE:SHW – Free Report) by 127.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,545 shares of the specialty chemicals company’s stock after buying an additional 3,107 shares during the period. World Investment Advisors’ holdings in Sherwin-Williams were worth $1,797,000 as of its most recent SEC filing.
A number of other institutional investors have also modified their holdings of SHW. Ares Financial Consulting LLC acquired a new position in shares of Sherwin-Williams in the fourth quarter valued at approximately $27,000. Lodestone Wealth Management LLC acquired a new position in shares of Sherwin-Williams in the fourth quarter valued at approximately $31,000. Rossby Financial LCC raised its position in shares of Sherwin-Williams by 96.0% in the third 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 last quarter. JPL Wealth Management LLC acquired a new position in shares of Sherwin-Williams in the third quarter valued at approximately $45,000. Finally, Networth Advisors LLC acquired a new position in shares of Sherwin-Williams in the fourth quarter valued at approximately $58,000. Institutional investors and hedge funds own 77.67% of the company’s stock.
Insider Activity
In other news, SVP Bryan J. Young sold 2,513 shares of the stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $364.47, for a total value of $915,913.11. Following the completion of the sale, the senior vice president owned 10,045 shares of the company’s stock, valued at $3,661,101.15. This represents a 20.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.23% of the stock is owned by insiders.
Wall Street Analyst Weigh In
Check Out Our Latest Report on Sherwin-Williams
Sherwin-Williams Stock Performance
Shares of SHW stock opened at $300.43 on Friday. The Sherwin-Williams Company has a one year low of $300.05 and a one year high of $379.65. 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 company has a 50 day moving average price of $323.12 and a 200 day moving average price of $336.79. The firm has a market capitalization of $74.10 billion, a price-to-earnings ratio of 28.83, a price-to-earnings-growth ratio of 2.60 and a beta of 1.16.
Sherwin-Williams (NYSE:SHW – Get Free Report) last released its quarterly earnings data 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 net margin of 10.86% and a return on equity of 64.55%. The company had revenue of $5.67 billion during the quarter, compared to analyst estimates of $5.56 billion. During the same quarter in the prior year, the business earned $2.25 earnings per share. The business’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. Sell-side analysts anticipate that The Sherwin-Williams Company will post 11.74 EPS for the current year.
Sherwin-Williams Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 22nd will be given a $0.80 dividend. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $3.20 annualized dividend and a dividend yield of 1.1%. Sherwin-Williams’s dividend payout ratio is presently 30.71%.
Sherwin-Williams 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.
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