18,767 Shares in The Sherwin-Williams Company $SHW Purchased by Lombard Odier Asset Management Switzerland SA

Lombard Odier Asset Management Switzerland SA purchased a new position in shares of The Sherwin-Williams Company (NYSE:SHW) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 18,767 shares of the specialty chemicals company’s stock, valued at approximately $6,081,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Fideuram Asset Management Ireland dac acquired a new stake in shares of Sherwin-Williams in the 4th quarter worth $2,496,000. Mairs & Power Inc. grew its stake in shares of 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 period. Westview Management dba Westview Investment Advisors acquired a new stake in shares of Sherwin-Williams during the 4th quarter worth approximately $2,655,000. Regents Gate Capital LLP increased its holdings in shares of Sherwin-Williams by 51.9% during the 3rd quarter. Regents Gate Capital LLP now owns 9,175 shares of the specialty chemicals company’s stock worth $3,177,000 after buying an additional 3,134 shares during the last quarter. Finally, Calamos Advisors LLC raised its position in shares of Sherwin-Williams by 5.4% during 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. 77.67% of the stock is currently owned by hedge funds and other institutional investors.

Sherwin-Williams Stock Performance

Shares of SHW stock opened at $322.31 on Wednesday. The company has a market cap of $79.49 billion, a P/E ratio of 30.93, a PEG ratio of 2.76 and a beta of 1.12. The firm has a fifty day moving average price of $317.28 and a 200 day moving average price of $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. The Sherwin-Williams Company has a 12 month low of $289.86 and a 12 month 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 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 for the quarter, compared to analysts’ expectations of $5.56 billion. During the same period last year, the firm earned $2.25 earnings per share. Sherwin-Williams’s quarterly 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. Sell-side analysts predict that The Sherwin-Williams Company will post 11.77 earnings per share for the current fiscal year.

Sherwin-Williams Announces Dividend

The business also recently disclosed 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 dividend on an annualized basis and a yield of 1.0%. Sherwin-Williams’s dividend payout ratio (DPR) is presently 30.71%.

Analysts Set New Price Targets

Several research analysts recently weighed in on SHW shares. Royal Bank Of Canada lowered their price objective on Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating for the company in a research report on Thursday, March 19th. Bank of America decreased their price target on Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 21st. Evercore reiterated an “outperform” rating on shares of Sherwin-Williams in a report on Friday, May 8th. BMO Capital Markets set a $355.00 price objective on Sherwin-Williams and gave the stock an “outperform” rating in a research report on Wednesday, June 3rd. Finally, Wells Fargo & Company reduced their price objective on shares of Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, Sherwin-Williams currently has an average rating of “Moderate Buy” and a consensus price target 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.