Kerusso Capital Management LLC Has $4.24 Million Stock Position in The Sherwin-Williams Company $SHW

Key Points

• Kerusso Capital Management LLC raised its stake in The Sherwin‑Williams Company (SHW) by 31.4% in Q4 to 13,092 shares worth $4.242 million, representing about 2.0% of Kerusso’s portfolio and its 24th largest holding.
• Sherwin‑Williams beat Q4 expectations with EPS $2.23 versus $2.16 and reported $5.60 billion in revenue (up 5.6% year‑over‑year), with a net margin of 10.9% and ROE of 65.26%.
• The company declared a quarterly dividend of $0.80 (annualized $3.20, yield 0.9%, ex‑dividend May 22), while analysts maintain a consensus "Moderate Buy" with an average price target of $379.08.

Kerusso Capital Management LLC raised its holdings in The Sherwin-Williams Company (NYSE:SHW - Free Report) by 31.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 13,092 shares of the specialty chemicals company's stock after acquiring an additional 3,128 shares during the quarter. Sherwin-Williams makes up about 2.0% of Kerusso Capital Management LLC's portfolio, making the stock its 24th largest holding. Kerusso Capital Management LLC's holdings in Sherwin-Williams were worth $4,242,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Lodestone Wealth Management LLC acquired a new position in Sherwin-Williams in the 4th quarter valued at approximately $31,000. Rossby Financial LCC increased its position in 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 acquiring an additional 48 shares during the period. True Wealth Design LLC increased its position in Sherwin-Williams by 129.8% in the 3rd quarter. True Wealth Design LLC now owns 108 shares of the specialty chemicals company's stock valued at $37,000 after acquiring an additional 61 shares during the period. Steigerwald Gordon & Koch Inc. acquired a new position in Sherwin-Williams in the 3rd quarter valued at approximately $42,000. Finally, Barnes Dennig Private Wealth Management LLC increased its position in Sherwin-Williams by 42.4% in the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 131 shares of the specialty chemicals company's stock valued at $45,000 after acquiring an additional 39 shares during the period. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Sherwin-Williams Trading Up 0.8%

SHW opened at $337.88 on Friday. The Sherwin-Williams Company has a twelve month low of $301.58 and a twelve month high of $379.65. The company has a quick ratio of 0.53, a current ratio of 0.87 and a debt-to-equity ratio of 2.03. The company has a fifty day moving average of $335.10 and a 200-day moving average of $338.31. The stock has a market cap of $83.58 billion, a PE ratio of 32.90, a price-to-earnings-growth ratio of 2.88 and a beta of 1.27.

Sherwin-Williams (NYSE:SHW - Get Free Report) last posted its quarterly earnings data on Thursday, January 29th. The specialty chemicals company reported $2.23 earnings per share for the quarter, topping the consensus estimate of $2.16 by $0.07. Sherwin-Williams had a net margin of 10.90% and a return on equity of 65.26%. The company had revenue of $5.60 billion during the quarter, compared to analysts' expectations of $5.57 billion. During the same period in the prior year, the company posted $2.09 earnings per share. Sherwin-Williams's revenue for the quarter was up 5.6% compared to the same quarter last year. On average, sell-side analysts predict that The Sherwin-Williams Company will post 11.82 EPS for the current year.

Sherwin-Williams Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 22nd will be issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Friday, May 22nd. Sherwin-Williams's dividend payout ratio (DPR) is presently 31.16%.

Analysts Set New Price Targets

Several equities analysts have issued reports on SHW shares. Vertical Research upgraded shares of Sherwin-Williams from a "hold" rating to a "buy" rating and set a $371.00 price target for the company in a research report on Wednesday, January 7th. Zacks Research upgraded shares of Sherwin-Williams from a "strong sell" rating to a "hold" rating in a research report on Tuesday, March 31st. UBS Group decreased their price objective on shares of Sherwin-Williams from $420.00 to $380.00 and set a "buy" rating for the company in a research report on Thursday, April 2nd. Bank of America decreased their price objective on shares of Sherwin-Williams from $370.00 to $365.00 and set a "neutral" rating for the company in a research report on Tuesday. Finally, Weiss Ratings reiterated a "hold (c+)" rating on shares of Sherwin-Williams in a research report on Friday, March 27th. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $379.08.

Insiders Place Their Bets

In other Sherwin-Williams news, SVP Bryan J. Young sold 2,513 shares of the firm's stock in a transaction on 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 sale, the senior vice president directly owned 10,045 shares in the company, valued at approximately $3,661,101.15. This trade represents a 20.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Colin M. Davie sold 2,976 shares of the firm's stock in a transaction on 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 completion of the sale, the insider owned 5,365 shares of the company's stock, valued at $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. Company insiders own 0.23% of the company's stock.

About Sherwin-Williams

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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