Corient Private Wealth LLC Buys 9,113 Shares of The Sherwin-Williams Company $SHW

Key Points

• Corient Private Wealth LLC increased its Sherwin-Williams stake by 7.0% in the fourth quarter, buying 9,113 shares and bringing its total holding to 139,294 shares worth about $45.2 million.
• Institutional ownership remains very high, with major investors like Vanguard, State Street, Geode, and Norges Bank also adding to or initiating positions in SHW.
• Sherwin-Williams recently beat quarterly earnings and revenue estimates, while analysts still rate the stock Moderate Buy with an average price target of $366.77, above the recent share price around $321.38.

Corient Private Wealth LLC lifted its stake in The Sherwin-Williams Company (NYSE:SHW - Free Report) by 7.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 139,294 shares of the specialty chemicals company's stock after buying an additional 9,113 shares during the period. Corient Private Wealth LLC owned about 0.06% of Sherwin-Williams worth $45,230,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. boosted its stake 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 valued at $7,529,752,000 after purchasing an additional 600,119 shares in the last quarter. State Street Corp increased its position in shares of Sherwin-Williams by 2.4% during the 4th quarter. State Street Corp now owns 15,638,974 shares of the specialty chemicals company's stock worth $5,067,497,000 after purchasing an additional 364,832 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Sherwin-Williams by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 5,231,615 shares of the specialty chemicals company's stock worth $1,687,498,000 after purchasing an additional 37,145 shares in the last quarter. Capital Research Global Investors lifted its holdings in Sherwin-Williams by 0.3% during the 3rd 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 during the last quarter. Finally, Norges Bank acquired a new position in Sherwin-Williams in the fourth quarter valued at about $1,089,450,000. Institutional investors own 77.67% of the company's stock.

Wall Street Analyst Weigh In

SHW has been the topic of several research analyst reports. Berenberg Bank set a $380.00 price objective on shares of Sherwin-Williams in a research note on Monday, June 8th. Evercore reissued an "outperform" rating on shares of Sherwin-Williams in a report on Friday, May 8th. UBS Group lowered Sherwin-Williams from a "buy" rating to a "neutral" rating and decreased their price target for the stock from $385.00 to $330.00 in a research report on Tuesday, June 2nd. Mizuho dropped their price target on Sherwin-Williams from $410.00 to $371.00 and set an "outperform" rating for the company in a report on Monday, March 23rd. Finally, Wells Fargo & Company cut their price objective on Sherwin-Williams from $365.00 to $350.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $366.77.

Sherwin-Williams Stock Up 0.2%

Shares of Sherwin-Williams stock opened at $321.38 on Monday. The company has a market capitalization of $79.27 billion, a P/E ratio of 30.84, a price-to-earnings-growth ratio of 2.77 and a beta of 1.12. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.86 and a quick ratio of 0.53. The business has a 50-day moving average of $317.09 and a two-hundred day moving average of $331.25. The Sherwin-Williams Company has a 1 year low of $289.86 and a 1 year 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 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.08. The business had revenue of $5.67 billion during the quarter, compared to analyst estimates of $5.56 billion. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.Sherwin-Williams's quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. As a group, equities analysts predict that The Sherwin-Williams Company will post 11.77 EPS for the current year.

Sherwin-Williams Announces Dividend

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

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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