Dearborn Partners LLC Sells 3,633 Shares of The Sherwin-Williams Company $SHW

Dearborn Partners LLC lessened its holdings in shares of The Sherwin-Williams Company (NYSE:SHW) by 3.8% during the 4th quarter, Holdings Channel reports. The firm owned 93,021 shares of the specialty chemicals company’s stock after selling 3,633 shares during the period. Sherwin-Williams comprises about 1.5% of Dearborn Partners LLC’s portfolio, making the stock its 22nd biggest holding. Dearborn Partners LLC’s holdings in Sherwin-Williams were worth $30,142,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SHW. Fideuram Asset Management Ireland dac bought a new stake in Sherwin-Williams in the 4th quarter worth approximately $2,496,000. Wealthfront Advisers LLC increased its stake in Sherwin-Williams by 26.1% in the 3rd quarter. Wealthfront Advisers LLC now owns 30,927 shares of the specialty chemicals company’s stock worth $10,709,000 after acquiring an additional 6,408 shares during the last quarter. Mairs & Power Inc. increased its stake 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 worth $160,680,000 after acquiring an additional 3,430 shares during the last quarter. Westview Management dba Westview Investment Advisors bought a new stake in Sherwin-Williams in the 4th quarter worth approximately $2,655,000. Finally, Regents Gate Capital LLP increased its stake in 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 worth $3,177,000 after acquiring an additional 3,134 shares during the last quarter. Institutional investors own 77.67% of the company’s stock.

Sherwin-Williams Stock Performance

NYSE SHW opened at $305.21 on Friday. The company has a market cap of $75.28 billion, a P/E ratio of 29.29, a P/E/G ratio of 2.64 and a beta of 1.12. 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 business’s 50 day moving average price is $318.13 and its 200-day moving average price is $332.79. The Sherwin-Williams Company has a fifty-two week low of $289.86 and a fifty-two week high of $379.65.

Sherwin-Williams (NYSE:SHW) last posted 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 return on equity of 64.55% and a net margin of 10.86%.The company had revenue of $5.67 billion during the quarter, compared to analysts’ expectations of $5.56 billion. During the same quarter in the previous year, the business earned $2.25 EPS. Sherwin-Williams’s 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 predict that The Sherwin-Williams Company will post 11.74 earnings per share for the current year.

Sherwin-Williams Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Investors 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 payout ratio is presently 30.71%.

Wall Street Analyst Weigh In

SHW has been the topic of a number of research reports. UBS Group downgraded Sherwin-Williams from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $385.00 to $330.00 in a research note on Tuesday, June 2nd. Wells Fargo & Company cut their target price on Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 29th. Citigroup started coverage on Sherwin-Williams in a research report on Thursday. They set a “buy” rating and a $355.00 target price on the stock. JPMorgan Chase & Co. cut their target price on Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 29th. Finally, Zacks Research raised Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, Sherwin-Williams presently has an average rating of “Moderate Buy” and an average price target of $365.67.

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.