Eisler Capital Management Ltd. Has $4.30 Million Stock Holdings in The Sherwin-Williams Company $SHW

Key Points

• Eisler Capital Management Ltd. increased its holdings in The Sherwin-Williams Company by 250.0% after purchasing 8,807 shares in the first quarter, bringing its total to 12,330 shares worth approximately $4.3 million.
• During the same period, other institutional investors also accumulated shares, contributing to a total of 77.67% of the company's stock owned by institutional investors.
• Sherwin-Williams announced a quarterly dividend of $0.79 per share to be paid on September 5, reflecting a yield of 0.9% and a payout ratio of 31.35%.

Eisler Capital Management Ltd. lifted its position in The Sherwin-Williams Company (NYSE:SHW - Free Report) by 250.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,330 shares of the specialty chemicals company's stock after acquiring an additional 8,807 shares during the quarter. Eisler Capital Management Ltd.'s holdings in Sherwin-Williams were worth $4,303,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Opal Wealth Advisors LLC grew its position in shares of Sherwin-Williams by 4.2% in the 1st quarter. Opal Wealth Advisors LLC now owns 791 shares of the specialty chemicals company's stock worth $276,000 after acquiring an additional 32 shares in the last quarter. Nicolet Advisory Services LLC grew its position in shares of Sherwin-Williams by 3.1% in the 1st quarter. Nicolet Advisory Services LLC now owns 1,096 shares of the specialty chemicals company's stock worth $362,000 after acquiring an additional 33 shares in the last quarter. YANKCOM Partnership grew its position in shares of Sherwin-Williams by 8.8% in the 1st quarter. YANKCOM Partnership now owns 420 shares of the specialty chemicals company's stock worth $147,000 after acquiring an additional 34 shares in the last quarter. Kornitzer Capital Management Inc. KS grew its position in shares of Sherwin-Williams by 4.9% in the 1st quarter. Kornitzer Capital Management Inc. KS now owns 755 shares of the specialty chemicals company's stock worth $264,000 after acquiring an additional 35 shares in the last quarter. Finally, Zhang Financial LLC grew its position in shares of Sherwin-Williams by 2.2% in the 1st quarter. Zhang Financial LLC now owns 1,696 shares of the specialty chemicals company's stock worth $592,000 after acquiring an additional 36 shares in the last quarter. Institutional investors and hedge funds own 77.67% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on SHW shares. BMO Capital Markets reduced their price objective on Sherwin-Williams from $405.00 to $391.00 and set an "outperform" rating for the company in a research report on Wednesday, July 23rd. Loop Capital reduced their price objective on Sherwin-Williams from $395.00 to $380.00 and set a "buy" rating for the company in a research report on Wednesday, July 23rd. Bank of America upgraded Sherwin-Williams from an "underperform" rating to a "neutral" rating and boosted their price objective for the company from $296.00 to $375.00 in a research report on Thursday, August 14th. Wells Fargo & Company reduced their price objective on Sherwin-Williams from $420.00 to $400.00 and set an "overweight" rating for the company in a research report on Wednesday, July 23rd. Finally, UBS Group reduced their price objective on Sherwin-Williams from $410.00 to $395.00 and set a "buy" rating for the company in a research report on Wednesday, July 23rd. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, Sherwin-Williams currently has a consensus rating of "Moderate Buy" and an average price target of $387.27.

Sherwin-Williams Stock Performance

Sherwin-Williams stock traded down $0.26 during mid-day trading on Monday, hitting $365.92. 1,328,498 shares of the company's stock traded hands, compared to its average volume of 1,880,490. The firm has a 50 day moving average price of $350.69 and a 200 day moving average price of $348.22. The company has a quick ratio of 0.48, a current ratio of 0.78 and a debt-to-equity ratio of 1.78. The company has a market cap of $91.24 billion, a PE ratio of 36.30, a price-to-earnings-growth ratio of 3.04 and a beta of 1.18. The Sherwin-Williams Company has a one year low of $308.84 and a one year high of $400.42.

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

Sherwin-Williams Announces Dividend

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

Insiders Place Their Bets

In other news, CAO James P. Lang sold 860 shares of the business's stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of $350.35, for a total value of $301,301.00. Following the sale, the chief accounting officer owned 377 shares of the company's stock, valued at approximately $132,081.95. The trade was a 69.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Justin T. Binns sold 609 shares of the business's stock in a transaction on Monday, August 25th. The stock was sold at an average price of $368.82, for a total value of $224,611.38. Following the completion of the sale, the insider directly owned 17,922 shares in the company, valued at $6,609,992.04. This represents a 3.29% decrease in their position. The disclosure for this sale can be found here. 0.60% of the stock is currently owned by insiders.

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.