Blueline Advisors LLC Acquires New Stake in The Sherwin-Williams Company $SHW

Key Points

• Blueline Advisors LLC opened a new position in Sherwin-Williams during the fourth quarter, buying 5,227 shares valued at about $1.69 million. The stake represents roughly 1.4% of Blueline’s portfolio and is its 20th largest holding.
• Sherwin-Williams reported strong quarterly results, with earnings of $2.35 per share and revenue of $5.67 billion, both beating analyst expectations. Revenue also rose 6.9% from a year earlier.
• The company recently announced a quarterly dividend of $0.80 per share, payable on June 5, and Wall Street remains generally constructive with a “Moderate Buy” consensus and an average price target of $375.33, despite some recent price-target cuts.

Blueline Advisors LLC acquired a new stake in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 5,227 shares of the specialty chemicals company's stock, valued at approximately $1,694,000. Sherwin-Williams makes up approximately 1.4% of Blueline Advisors LLC's holdings, making the stock its 20th largest position.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Vanguard Group Inc. increased its holdings in shares of Sherwin-Williams by 2.7% in the 4th quarter. Vanguard Group Inc. now owns 23,237,824 shares of the specialty chemicals company's stock worth $7,529,752,000 after purchasing an additional 600,119 shares in the last quarter. Geode Capital Management LLC lifted its position in Sherwin-Williams by 0.7% during the fourth quarter. Geode Capital Management LLC now owns 5,231,615 shares of the specialty chemicals company's stock valued at $1,687,498,000 after purchasing an additional 37,145 shares in the last quarter. Capital Research Global Investors lifted its position in Sherwin-Williams by 0.3% during the third quarter. Capital Research Global Investors now owns 3,432,977 shares of the specialty chemicals company's stock valued at $1,188,698,000 after purchasing an additional 11,560 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Sherwin-Williams by 0.4% during the third quarter. JPMorgan Chase & Co. now owns 3,052,021 shares of the specialty chemicals company's stock valued at $1,056,811,000 after purchasing an additional 12,715 shares in the last quarter. Finally, Viking Global Investors LP lifted its position in shares of Sherwin-Williams by 47.2% in the third quarter. Viking Global Investors LP now owns 2,881,091 shares of the specialty chemicals company's stock valued at $997,607,000 after acquiring an additional 923,341 shares in the last quarter. Institutional investors own 77.67% of the company's stock.

Sherwin-Williams Stock Down 1.6%

Sherwin-Williams stock opened at $305.01 on Friday. The business has a fifty day moving average of $319.75 and a two-hundred day moving average of $334.49. The company has a quick ratio of 0.53, a current ratio of 0.86 and a debt-to-equity ratio of 2.10. The firm has a market cap of $75.23 billion, a P/E ratio of 29.27, a P/E/G ratio of 2.68 and a beta of 1.16. The Sherwin-Williams Company has a twelve month low of $294.32 and a twelve month high of $379.65.

Sherwin-Williams (NYSE:SHW - Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 EPS for the quarter, beating the consensus estimate of $2.27 by $0.08. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.The firm had revenue of $5.67 billion during the quarter, compared to analyst estimates of $5.56 billion. During the same quarter in the prior year, the business posted $2.25 EPS. The business's revenue for the quarter 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. On average, analysts forecast that The Sherwin-Williams Company will post 11.74 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 22nd will be issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Friday, May 22nd. Sherwin-Williams's dividend payout ratio is currently 30.71%.

Wall Street Analysts Forecast Growth

SHW has been the topic of several research analyst reports. Bank of America lowered their price objective 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. Mizuho reduced their price objective on Sherwin-Williams from $410.00 to $371.00 and set an "outperform" rating on the stock in a research note on Monday, March 23rd. Wells Fargo & Company reduced their price objective on Sherwin-Williams from $365.00 to $350.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 29th. Weiss Ratings cut Sherwin-Williams from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Thursday, May 14th. Finally, JPMorgan Chase & Co. lowered their price target on Sherwin-Williams from $385.00 to $365.00 and set an "overweight" rating for the company in a report on Wednesday, April 29th. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Sherwin-Williams currently has an average rating of "Moderate Buy" and an average price target of $375.33.

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.

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