Capital Analysts LLC Buys 827 Shares of The Sherwin-Williams Company $SHW

Key Points

• Capital Analysts LLC increased its stake in Sherwin-Williams by 8.2%, owning a total of 10,952 shares valued at approximately $3.83 million.
• Sherwin-Williams reported $3.38 EPS for the last quarter, missing consensus estimates by $0.38, while its revenue remained stable at $6.31 billion.
• A quarterly dividend of $0.79 per share has been announced, with a dividend yield of 0.9% and a payout ratio of 31.35%.

Capital Analysts LLC grew its stake in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) by 8.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,952 shares of the specialty chemicals company's stock after buying an additional 827 shares during the period. Capital Analysts LLC's holdings in Sherwin-Williams were worth $3,825,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of SHW. Brighton Jones LLC increased its position in shares of Sherwin-Williams by 73.6% during the fourth quarter. Brighton Jones LLC now owns 1,545 shares of the specialty chemicals company's stock valued at $525,000 after buying an additional 655 shares during the period. First Trust Advisors LP increased its position in shares of Sherwin-Williams by 1,110.7% in the fourth quarter. First Trust Advisors LP now owns 106,575 shares of the specialty chemicals company's stock worth $36,228,000 after purchasing an additional 97,772 shares during the last quarter. TD Waterhouse Canada Inc. increased its position in shares of Sherwin-Williams by 3.6% in the fourth quarter. TD Waterhouse Canada Inc. now owns 16,828 shares of the specialty chemicals company's stock worth $5,719,000 after purchasing an additional 583 shares during the last quarter. Alta Advisers Ltd increased its position in shares of Sherwin-Williams by 9.4% in the fourth quarter. Alta Advisers Ltd now owns 766 shares of the specialty chemicals company's stock worth $260,000 after purchasing an additional 66 shares during the last quarter. Finally, MGO One Seven LLC increased its position in shares of Sherwin-Williams by 32.7% in the fourth quarter. MGO One Seven LLC now owns 10,679 shares of the specialty chemicals company's stock worth $3,630,000 after purchasing an additional 2,630 shares during the last quarter. 77.67% of the stock is currently owned by institutional investors.

Sherwin-Williams Stock Down 0.3%

Shares of NYSE SHW opened at $366.9450 on Thursday. The Sherwin-Williams Company has a one year low of $308.84 and a one year high of $400.42. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.78 and a quick ratio of 0.48. The firm's 50 day simple moving average is $346.35 and its two-hundred day simple moving average is $348.06. The stock has a market capitalization of $91.49 billion, a P/E ratio of 36.40, a PEG ratio of 3.06 and a beta of 1.16.

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

Sherwin-Williams Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 5th. Stockholders of record on Friday, August 15th will be issued a $0.79 dividend. The ex-dividend date is Friday, August 15th. This represents a $3.16 annualized dividend and a dividend yield of 0.9%. Sherwin-Williams's dividend payout ratio (DPR) is currently 31.35%.

Insider Activity

In other news, CAO James P. Lang sold 860 shares of the firm's stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $350.35, for a total value of $301,301.00. Following the transaction, the chief accounting officer owned 377 shares in the company, valued at approximately $132,081.95. This trade represents a 69.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.60% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on SHW. Mizuho decreased their price objective on shares of Sherwin-Williams from $400.00 to $385.00 and set an "outperform" rating on the stock in a research report on Wednesday, July 23rd. Citigroup decreased their price objective on shares of Sherwin-Williams from $385.00 to $375.00 and set a "neutral" rating on the stock in a research report on Wednesday, July 23rd. BMO Capital Markets decreased their price objective on shares of Sherwin-Williams from $405.00 to $391.00 and set an "outperform" rating on the stock in a research report on Wednesday, July 23rd. Bank of America upgraded shares of Sherwin-Williams from an "underperform" rating to a "neutral" rating and upped their price objective for the stock from $296.00 to $375.00 in a research report on Thursday, August 14th. Finally, Royal Bank Of Canada upped their price objective on shares of Sherwin-Williams from $410.00 to $420.00 and gave the stock an "outperform" rating in a research report on Thursday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $388.60.

Sherwin-Williams Company 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.

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