ORG Wealth Partners LLC Has $760,000 Stake in The Sherwin-Williams Company $SHW

Key Points

• ORG Wealth Partners LLC increased its stake in The Sherwin-Williams Company by 82.4% in the second quarter, owning 2,139 shares valued at $760,000.
• Sherwin-Williams reported $3.38 EPS for the last quarter, missing expectations, with a revenue of $6.31 billion, up 0.6% year-over-year.
• The company recently announced a quarterly dividend of $0.79, representing an annualized yield of 0.9%, with a payout ratio of 31.35%.

ORG Wealth Partners LLC lifted its holdings in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) by 82.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,139 shares of the specialty chemicals company's stock after buying an additional 966 shares during the quarter. ORG Wealth Partners LLC's holdings in Sherwin-Williams were worth $760,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Park Square Financial Group LLC acquired a new stake in shares of Sherwin-Williams during the 4th quarter worth approximately $27,000. Perkins Coie Trust Co acquired a new stake in shares of Sherwin-Williams during the 1st quarter worth approximately $27,000. Synergy Investment Management LLC grew its holdings in Sherwin-Williams by 583.3% during the first quarter. Synergy Investment Management LLC now owns 82 shares of the specialty chemicals company's stock valued at $29,000 after purchasing an additional 70 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new position in Sherwin-Williams during the first quarter valued at approximately $30,000. Finally, Saudi Central Bank acquired a new position in Sherwin-Williams during the first quarter valued at approximately $33,000. Institutional investors and hedge funds own 77.67% of the company's stock.

Sherwin-Williams Stock Up 0.6%

Sherwin-Williams stock opened at $342.05 on Friday. The stock has a market capitalization of $85.28 billion, a PE ratio of 33.93, a price-to-earnings-growth ratio of 2.83 and a beta of 1.18. The Sherwin-Williams Company has a twelve month low of $308.84 and a twelve month high of $400.42. 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 50 day moving average of $354.82 and a 200-day moving average of $348.43.

Sherwin-Williams (NYSE:SHW - Get Free Report) last released its quarterly 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). The company had revenue of $6.31 billion during the quarter, compared to analyst estimates of $6.31 billion. Sherwin-Williams had a net margin of 11.03% and a return on equity of 66.91%. The firm's quarterly revenue was up .6% compared to the same quarter last year. During the same quarter last year, the company earned $3.70 EPS. Sherwin-Williams has set its FY 2025 guidance at 11.200-11.500 EPS. On average, equities research analysts anticipate that The Sherwin-Williams Company will post 12 EPS for the current fiscal year.

Sherwin-Williams Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Friday, August 15th were given 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 was 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 shares were 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 $132,081.95. The trade was a 69.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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 transaction of $224,611.38. Following the completion of the sale, the insider directly owned 17,922 shares in the company, valued at approximately $6,609,992.04. This represents a 3.29% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.60% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Evercore ISI boosted their price objective on shares of Sherwin-Williams from $380.00 to $400.00 and gave the company an "outperform" rating in a report on Tuesday, August 26th. Wells Fargo & Company decreased their price objective on shares of Sherwin-Williams from $420.00 to $400.00 and set an "overweight" rating for the company in a report on Wednesday, July 23rd. Mizuho decreased their price objective on shares of Sherwin-Williams from $400.00 to $385.00 and set an "outperform" rating for the company in a report on Wednesday, July 23rd. Bank of America upgraded shares of 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 report on Thursday, August 14th. Finally, BMO Capital Markets decreased their price objective on shares of Sherwin-Williams from $405.00 to $391.00 and set an "outperform" rating for the company in a report on Wednesday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $387.27.

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.

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