Capital International Investors Has $926.25 Million Stock Position in The Sherwin-Williams Company $SHW

Key Points

• Capital International Investors increased its stake in The Sherwin‑Williams Company to 2,675,299 shares (about 1.08% ownership), valued at approximately $926.25 million after a 2.0% rise in the third quarter.
• Insiders have been selling recently—Colin M. Davie sold 2,976 shares and SVP Bryan J. Young sold 2,513 shares—bringing insider ownership down to about 0.60%.
• Sherwin‑Williams beat quarterly expectations (EPS $2.23 vs. $2.16; revenue $5.60B vs. $5.57B), raised its quarterly dividend to $0.80 (annualized $3.20, ~1.0% yield), and holds a consensus analyst rating of "Moderate Buy" with an average target of $388.21.

Capital International Investors raised its stake in The Sherwin-Williams Company (NYSE:SHW - Free Report) by 2.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,675,299 shares of the specialty chemicals company's stock after buying an additional 52,322 shares during the quarter. Capital International Investors owned about 1.08% of Sherwin-Williams worth $926,249,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in SHW. MTM Investment Management LLC bought a new stake in Sherwin-Williams in the 2nd quarter valued at $26,000. Vermillion & White Wealth Management Group LLC increased its holdings in Sherwin-Williams by 104.8% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 86 shares of the specialty chemicals company's stock worth $30,000 after purchasing an additional 44 shares in the last quarter. Rossby Financial LCC raised its stake in shares of Sherwin-Williams by 96.0% in the 3rd quarter. Rossby Financial LCC now owns 98 shares of the specialty chemicals company's stock valued at $33,000 after purchasing an additional 48 shares during the period. Delos Wealth Advisors LLC acquired a new stake in shares of Sherwin-Williams in the 2nd quarter valued at about $36,000. Finally, True Wealth Design LLC lifted its holdings in shares of Sherwin-Williams by 129.8% in the third quarter. True Wealth Design LLC now owns 108 shares of the specialty chemicals company's stock valued at $37,000 after purchasing an additional 61 shares in the last quarter. Institutional investors own 77.67% of the company's stock.

Insiders Place Their Bets

In related news, insider Colin M. Davie sold 2,976 shares of the business's stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $359.50, for a total transaction of $1,069,872.00. Following the transaction, the insider directly owned 5,365 shares in the company, valued at approximately $1,928,717.50. The trade was a 35.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Bryan J. Young sold 2,513 shares of the company's stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $364.47, for a total transaction of $915,913.11. Following the sale, the senior vice president directly owned 10,045 shares in the company, valued at $3,661,101.15. This trade represents a 20.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.60% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft cut Sherwin-Williams from a "buy" rating to a "hold" rating and set a $380.00 price objective for the company. in a research report on Thursday, January 22nd. UBS Group set a $420.00 target price on Sherwin-Williams in a research note on Friday, January 30th. Royal Bank Of Canada set a $390.00 price target on shares of Sherwin-Williams and gave the stock an "outperform" rating in a research note on Friday, January 30th. Citigroup reiterated a "buy" rating on shares of Sherwin-Williams in a report on Monday, January 19th. Finally, Mizuho boosted their price objective on shares of Sherwin-Williams from $400.00 to $410.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 17th. Eleven research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $388.21.

Sherwin-Williams Stock Performance

SHW opened at $330.57 on Wednesday. The Sherwin-Williams Company has a 52-week low of $308.84 and a 52-week high of $379.65. The firm has a market capitalization of $81.77 billion, a PE ratio of 32.19, a PEG ratio of 2.89 and a beta of 1.25. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.53 and a current ratio of 0.87. The business's 50-day simple moving average is $352.42 and its 200 day simple moving average is $345.21.

Sherwin-Williams (NYSE:SHW - Get Free Report) last posted its quarterly earnings results on Thursday, January 29th. The specialty chemicals company reported $2.23 earnings per share for the quarter, beating analysts' consensus estimates of $2.16 by $0.07. The firm had revenue of $5.60 billion during the quarter, compared to the consensus estimate of $5.57 billion. Sherwin-Williams had a return on equity of 65.26% and a net margin of 10.90%.The business's revenue was up 5.6% compared to the same quarter last year. During the same period last year, the company earned $2.09 earnings per share. As a group, sell-side analysts expect that The Sherwin-Williams Company will post 12 earnings per share for the current fiscal year.

Sherwin-Williams Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Monday, March 2nd will be paid a $0.80 dividend. This is a boost from Sherwin-Williams's previous quarterly dividend of $0.79. This represents a $3.20 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Monday, March 2nd. Sherwin-Williams's dividend payout ratio (DPR) is 31.16%.

Sherwin-Williams 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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