Ransom Advisory Ltd Invests $515,000 in The Sherwin-Williams Company $SHW

Key Points

• Ransom Advisory Ltd has acquired a new position in The Sherwin-Williams Company, purchasing 1,475 shares worth approximately $515,000 in the first quarter.
• Institutional investors and hedge funds collectively own 77.67% of Sherwin-Williams, with significant increases in stakes from firms like Brighton Jones LLC and MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
• Recent analyst reports have led to lowered price targets for Sherwin-Williams, with Mizuho reducing its target from $400.00 to $385.00, although the stock maintains a consensus rating of "Moderate Buy."

Ransom Advisory Ltd purchased a new position in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 1,475 shares of the specialty chemicals company's stock, valued at approximately $515,000.

Several other hedge funds also recently modified their holdings of the business. Anchor Investment Management LLC increased its stake in shares of Sherwin-Williams by 1.3% during the 1st quarter. Anchor Investment Management LLC now owns 17,152 shares of the specialty chemicals company's stock worth $5,989,000 after purchasing an additional 219 shares during the last quarter. Advisory Alpha LLC increased its stake in shares of Sherwin-Williams by 2.0% during the 1st quarter. Advisory Alpha LLC now owns 5,385 shares of the specialty chemicals company's stock worth $1,880,000 after purchasing an additional 106 shares during the last quarter. SCS Capital Management LLC acquired a new position in shares of Sherwin-Williams during the 1st quarter worth $242,000. Woodline Partners LP increased its stake in shares of Sherwin-Williams by 40.7% during the 1st quarter. Woodline Partners LP now owns 19,576 shares of the specialty chemicals company's stock worth $6,836,000 after purchasing an additional 5,661 shares during the last quarter. Finally, American Trust increased its stake in shares of Sherwin-Williams by 1.2% during the 1st quarter. American Trust now owns 6,951 shares of the specialty chemicals company's stock worth $2,427,000 after purchasing an additional 85 shares during the last quarter. Institutional investors and hedge funds own 77.67% of the company's stock.

Insider Activity at Sherwin-Williams

In other news, insider Justin T. Binns sold 609 shares of Sherwin-Williams stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $368.82, for a total transaction of $224,611.38. Following the completion of the sale, the insider owned 17,922 shares in the company, valued at $6,609,992.04. The trade was a 3.29% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO James P. Lang sold 860 shares of Sherwin-Williams stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $350.35, for a total transaction of $301,301.00. Following the sale, the chief accounting officer owned 377 shares of the company's stock, valued at approximately $132,081.95. This represents a 69.52% decrease in their position. The disclosure for this sale can be found here. 0.60% of the stock is owned by insiders.

Sherwin-Williams Price Performance

Shares of NYSE SHW traded down $8.09 during trading on Friday, reaching $360.59. The company had a trading volume of 1,848,790 shares, compared to its average volume of 1,731,962. The Sherwin-Williams Company has a 52 week low of $308.84 and a 52 week high of $400.42. The stock has a market cap of $89.91 billion, a PE ratio of 35.77, a PEG ratio of 3.06 and a beta of 1.18. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.48 and a current ratio of 0.78. The business's 50 day moving average price is $354.25 and its 200-day moving average price is $349.22.

Sherwin-Williams (NYSE:SHW - Get Free Report) last announced its earnings results on Tuesday, July 22nd. The specialty chemicals company reported $3.38 earnings per share for the quarter, missing analysts' consensus estimates of $3.76 by ($0.38). Sherwin-Williams had a return on equity of 66.91% and a net margin of 11.03%.The company had revenue of $6.31 billion during the quarter, compared to the consensus estimate of $6.31 billion. During the same period in the prior year, the firm posted $3.70 earnings per share. The company's revenue was up .6% on a year-over-year basis. Sherwin-Williams has set its FY 2025 guidance at 11.200-11.500 EPS. Analysts expect that The Sherwin-Williams Company will post 12 earnings per share for the current year.

Sherwin-Williams Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 5th. Shareholders of record on Friday, August 15th were paid a $0.79 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a $3.16 dividend on an annualized basis and a dividend yield of 0.9%. Sherwin-Williams's payout ratio is currently 31.35%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on SHW. Loop Capital lowered their target price on shares of Sherwin-Williams from $395.00 to $380.00 and set a "buy" rating on the stock in a research note on Wednesday, July 23rd. Mizuho lowered their target price on shares of Sherwin-Williams from $400.00 to $385.00 and set an "outperform" rating on the stock in a research note on Wednesday, July 23rd. Citigroup lowered their target price on shares of Sherwin-Williams from $385.00 to $375.00 and set a "neutral" rating on the stock in a research note on Wednesday, July 23rd. Wells Fargo & Company lowered their target price on shares of Sherwin-Williams from $420.00 to $400.00 and set an "overweight" rating on the stock in a research note on Wednesday, July 23rd. Finally, Evercore ISI raised their target price on shares of Sherwin-Williams from $380.00 to $400.00 and gave the company an "outperform" rating in a research note on Tuesday, August 26th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $387.27.

Sherwin-Williams Profile

The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coating, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: Paint Stores Group, Consumer Brands Group, and Performance Coatings Group.