Lido Advisors LLC Increases Stock Holdings in The Sherwin-Williams Company $SHW

Lido Advisors LLC raised its position in The Sherwin-Williams Company (NYSE:SHW) by 65.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,580 shares of the specialty chemicals company’s stock after acquiring an additional 17,575 shares during the quarter. Lido Advisors LLC’s holdings in Sherwin-Williams were worth $14,293,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Wilkerson Advisory Group LLC increased its stake in Sherwin-Williams by 172.4% during the 1st quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company’s stock worth $25,000 after buying an additional 50 shares during the period. Ares Financial Consulting LLC purchased a new position in Sherwin-Williams in the 4th quarter valued at approximately $27,000. Lloyd Advisory Services LLC. purchased a new position in Sherwin-Williams in the 4th quarter valued at approximately $27,000. Whipplewood Advisors LLC acquired a new position in shares of Sherwin-Williams in the first quarter worth $28,000. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of Sherwin-Williams in the fourth quarter worth $30,000. Institutional investors and hedge funds own 77.67% of the company’s stock.

Sherwin-Williams Trading Down 3.0%

Shares of NYSE:SHW opened at $310.39 on Friday. The Sherwin-Williams Company has a 52 week low of $289.86 and a 52 week high of $379.65. The company’s 50 day moving average is $320.37 and its two-hundred day moving average is $332.32. The company has a market cap of $76.55 billion, a PE ratio of 29.79, a P/E/G ratio of 2.48 and a beta of 1.10. 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 issued its earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 EPS for the quarter, topping analysts’ consensus estimates of $2.27 by $0.08. The firm had revenue of $5.67 billion during the quarter, compared to the consensus estimate of $5.56 billion. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The company’s revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.25 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Equities analysts predict that The Sherwin-Williams Company will post 11.78 earnings per share for the current fiscal year.

Sherwin-Williams Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 21st will be issued a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Friday, August 21st. Sherwin-Williams’s payout ratio is 30.71%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on SHW shares. Berenberg Bank set a $380.00 price objective on Sherwin-Williams in a research note on Monday, June 8th. BMO Capital Markets boosted their target price on Sherwin-Williams from $355.00 to $400.00 and gave the stock an “outperform” rating in a research note on Monday, July 6th. Zacks Research raised Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. Evercore restated an “outperform” rating on shares of Sherwin-Williams in a report on Friday, May 8th. Finally, Bank of America reduced their price target on Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 21st. Seven analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Sherwin-Williams has an average rating of “Moderate Buy” and a consensus price target of $373.92.

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.