Capitolis Liquid Global Markets LLC Trims Stock Holdings in The Sherwin-Williams Company $SHW

Key Points

• Capitolis Liquid Global Markets LLC cut its position in The Sherwin‑Williams Company by 73.1% in the third quarter, selling 68,100 shares and leaving 25,000 shares valued at $8.656 million.
• Wall Street remains broadly positive on SHW, with a consensus rating of Moderate Buy, an average price target of $388.21, and multiple analysts issuing Buy/outperform ratings (targets as high as $420).
• Sherwin‑Williams recently beat quarterly estimates (EPS $2.23 vs. $2.16; revenue $5.60B vs. $5.57B) and raised its quarterly dividend to $0.80, implying a $3.20 annual payout (≈1.0% yield).

Capitolis Liquid Global Markets LLC lowered its position in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) by 73.1% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 25,000 shares of the specialty chemicals company's stock after selling 68,100 shares during the quarter. Capitolis Liquid Global Markets LLC's holdings in Sherwin-Williams were worth $8,656,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Modera Wealth Management LLC raised its stake in shares of Sherwin-Williams by 2.4% in the third quarter. Modera Wealth Management LLC now owns 1,257 shares of the specialty chemicals company's stock worth $435,000 after purchasing an additional 29 shares during the last quarter. Richard W. Paul & Associates LLC lifted its holdings in shares of Sherwin-Williams by 1.6% during the second quarter. Richard W. Paul & Associates LLC now owns 1,885 shares of the specialty chemicals company's stock worth $647,000 after purchasing an additional 30 shares during the period. 17 Capital Partners LLC boosted its position in Sherwin-Williams by 0.9% in the second quarter. 17 Capital Partners LLC now owns 3,340 shares of the specialty chemicals company's stock valued at $1,147,000 after buying an additional 31 shares during the last quarter. Alpine Bank Wealth Management increased its holdings in Sherwin-Williams by 4.1% in the 3rd quarter. Alpine Bank Wealth Management now owns 781 shares of the specialty chemicals company's stock worth $270,000 after buying an additional 31 shares during the period. Finally, Cary Street Partners Investment Advisory LLC increased its holdings in Sherwin-Williams by 1.9% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 1,680 shares of the specialty chemicals company's stock worth $577,000 after buying an additional 32 shares during the period. Hedge funds and other institutional investors own 77.67% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on SHW shares. Mizuho lifted their price objective on shares of Sherwin-Williams from $400.00 to $410.00 and gave the company an "outperform" rating in a research note on Tuesday, February 17th. Citigroup reiterated a "buy" rating on shares of Sherwin-Williams in a research note on Monday, January 19th. Royal Bank Of Canada set a $390.00 target price on shares of Sherwin-Williams and gave the stock an "outperform" rating in a report on Friday, January 30th. Vertical Research upgraded shares of Sherwin-Williams from a "hold" rating to a "buy" rating and set a $371.00 target price for the company in a research report on Wednesday, January 7th. Finally, UBS Group set a $420.00 price target on shares of Sherwin-Williams in a report on Friday, January 30th. Eleven investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $388.21.

Insider Buying and Selling at Sherwin-Williams

In other Sherwin-Williams news, SVP Bryan J. Young sold 2,513 shares of the company's stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $364.47, for a total value of $915,913.11. Following the completion of the transaction, the senior vice president owned 10,045 shares in the company, valued at approximately $3,661,101.15. This represents a 20.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Colin M. Davie sold 2,976 shares of the stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $359.50, for a total transaction of $1,069,872.00. Following the sale, 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 SEC filing for this sale provides additional information. 0.60% of the stock is currently owned by company insiders.

Sherwin-Williams Trading Up 0.6%

Shares of NYSE:SHW opened at $319.62 on Monday. The company has a current ratio of 0.87, a quick ratio of 0.53 and a debt-to-equity ratio of 2.03. The Sherwin-Williams Company has a 12-month low of $308.84 and a 12-month high of $379.65. The business has a 50 day moving average of $352.08 and a two-hundred day moving average of $344.21. The company has a market capitalization of $79.06 billion, a PE ratio of 31.12, a PEG ratio of 2.77 and a beta of 1.25.

Sherwin-Williams (NYSE:SHW - Get Free Report) last issued its quarterly earnings data on Thursday, January 29th. The specialty chemicals company reported $2.23 EPS for the quarter, topping analysts' consensus estimates of $2.16 by $0.07. The business had revenue of $5.60 billion for the quarter, compared to analysts' expectations of $5.57 billion. Sherwin-Williams had a net margin of 10.90% and a return on equity of 65.26%. The business's revenue was up 5.6% on a year-over-year basis. During the same quarter last year, the company earned $2.09 EPS. As a group, analysts forecast that The Sherwin-Williams Company will post 12 EPS for the current year.

Sherwin-Williams Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Monday, March 2nd were issued a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 1.0%. This is a boost from Sherwin-Williams's previous quarterly dividend of $0.79. The ex-dividend date of this dividend was Monday, March 2nd. Sherwin-Williams's payout ratio is currently 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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