PBCay One RSC Ltd Sells 75,306 Shares of The Sherwin-Williams Company $SHW

PBCay One RSC Ltd lowered its position in The Sherwin-Williams Company (NYSE:SHW - Free Report) by 26.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 209,468 shares of the specialty chemicals company's stock after selling 75,306 shares during the period. Sherwin-Williams comprises 5.0% of PBCay One RSC Ltd's holdings, making the stock its 6th largest position. PBCay One RSC Ltd owned 0.08% of Sherwin-Williams worth $67,145,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SHW. Wilkerson Advisory Group LLC grew its stake in Sherwin-Williams by 172.4% in the first quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company's stock valued at $25,000 after acquiring an additional 50 shares during the period. Lloyd Advisory Services LLC. acquired a new stake in shares of Sherwin-Williams during the fourth quarter worth about $27,000. Ares Financial Consulting LLC bought a new position in shares of Sherwin-Williams during the 4th quarter valued at about $27,000. Whipplewood Advisors LLC bought a new position in shares of Sherwin-Williams during the 1st quarter valued at about $28,000. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of Sherwin-Williams in the 4th quarter valued at approximately $30,000. 77.67% of the stock is currently owned by institutional investors.

Sherwin-Williams Trading Down 3.0%

NYSE:SHW opened at $310.39 on Friday. The company has a market cap of $76.55 billion, a P/E ratio of 29.79, a price-to-earnings-growth ratio of 2.48 and a beta of 1.10. The Sherwin-Williams Company has a twelve month low of $289.86 and a twelve month high of $379.65. The business has a 50 day moving average price of $320.37 and a two-hundred day moving average price of $332.32. The company has a quick ratio of 0.53, a current ratio of 0.86 and a debt-to-equity ratio of 2.10.

Sherwin-Williams (NYSE:SHW - Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 EPS for the quarter, topping analysts' consensus estimates of $2.27 by $0.08. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The business had revenue of $5.67 billion for the quarter, compared to analyst estimates of $5.56 billion. During the same quarter in the previous year, the firm posted $2.25 earnings per share. The firm's revenue for the quarter was up 6.9% on a year-over-year basis. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. As a group, analysts expect that The Sherwin-Williams Company will post 11.78 EPS for the current fiscal year.

Sherwin-Williams Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 21st will be given a dividend of $0.80 per share. The ex-dividend date of this dividend is Friday, August 21st. This represents a $3.20 annualized dividend and a yield of 1.0%. Sherwin-Williams's payout ratio is 30.71%.

Wall Street Analysts Forecast Growth

SHW has been the subject of a number of research reports. UBS Group cut Sherwin-Williams from a "buy" rating to a "neutral" rating and lowered their target price for the stock from $385.00 to $330.00 in a research note on Tuesday, June 2nd. Royal Bank Of Canada reiterated an "outperform" rating and issued a $405.00 price target (up from $391.00) on shares of Sherwin-Williams in a report on Wednesday, July 8th. Zacks Research raised shares of Sherwin-Williams from a "strong sell" rating to a "hold" rating in a research report on Tuesday, March 31st. Wells Fargo & Company dropped their price objective on shares of Sherwin-Williams from $365.00 to $350.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 29th. Finally, Berenberg Bank set a $380.00 target price on shares of Sherwin-Williams in a research note on Monday, June 8th. Seven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $373.92.

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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