Magnetar Financial LLC Has $4.73 Million Stake in The Sherwin-Williams Company $SHW

Magnetar Financial LLC decreased its position in shares of The Sherwin-Williams Company (NYSE:SHW) by 10.0% during the 4th quarter, HoldingsChannel reports. The fund owned 14,599 shares of the specialty chemicals company’s stock after selling 1,627 shares during the period. Magnetar Financial LLC’s holdings in Sherwin-Williams were worth $4,731,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Lloyd Advisory Services LLC. acquired a new stake in shares of Sherwin-Williams during the 4th quarter valued at $27,000. Ares Financial Consulting LLC acquired a new stake in shares of Sherwin-Williams during the 4th quarter valued at $27,000. Lodestone Wealth Management LLC acquired a new stake in shares of Sherwin-Williams during the 4th quarter valued at $31,000. Rossby Financial LCC boosted its holdings in shares of Sherwin-Williams by 96.0% during the 3rd quarter. Rossby Financial LCC now owns 98 shares of the specialty chemicals company’s stock valued at $33,000 after acquiring an additional 48 shares in the last quarter. Finally, Meeder Asset Management Inc. acquired a new stake in shares of Sherwin-Williams during the 4th quarter valued at $33,000. Institutional investors and hedge funds own 77.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on SHW shares. Citigroup started coverage on Sherwin-Williams in a report on Thursday, June 4th. They set a “buy” rating and a $355.00 price objective on the stock. Wells Fargo & Company cut their price objective on Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 29th. Evercore reissued an “outperform” rating on shares of Sherwin-Williams in a report on Friday, May 8th. Berenberg Bank set a $380.00 target price on Sherwin-Williams in a report on Monday, June 8th. Finally, Weiss Ratings downgraded Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 2nd. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $366.77.

Sherwin-Williams Stock Up 0.6%

Shares of SHW opened at $322.31 on Wednesday. The company has a market capitalization of $79.49 billion, a PE ratio of 30.93, a PEG ratio of 2.76 and a beta of 1.12. The Sherwin-Williams Company has a 12 month low of $289.86 and a 12 month high of $379.65. The stock’s 50-day moving average price is $317.28 and its two-hundred day moving average price is $331.76. The company has a current ratio of 0.86, a quick ratio of 0.53 and a debt-to-equity ratio of 2.10.

Sherwin-Williams (NYSE:SHW) last announced 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. The firm 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 quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the previous year, the business earned $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. On average, analysts anticipate 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 of this dividend was Friday, May 22nd. This represents a $3.20 annualized dividend and a yield of 1.0%. Sherwin-Williams’s 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.