Revisor Wealth Management LLC Grows Stock Holdings in The Sherwin-Williams Company $SHW

Key Points

• Revisor Wealth Management LLC increased its shareholding in Sherwin-Williams by 140.6% during the second quarter, owning a total of 7,977 shares valued at approximately $2.8 million.
• Multiple institutional investors, including Saudi Central Bank and Synergy Investment Management LLC, made new investments or significantly increased their stakes in Sherwin-Williams, with institutional investors now holding 77.67% of the stock.
• Sherwin-Williams faced a decline in earnings per share, reporting $3.38, which was below the consensus estimate of $3.76, and the company recently announced a quarterly dividend of $0.79.

Revisor Wealth Management LLC grew its holdings in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) by 140.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,977 shares of the specialty chemicals company's stock after buying an additional 4,662 shares during the quarter. Sherwin-Williams accounts for 1.0% of Revisor Wealth Management LLC's portfolio, making the stock its 18th largest position. Revisor Wealth Management LLC's holdings in Sherwin-Williams were worth $2,806,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Park Square Financial Group LLC purchased a new position in shares of Sherwin-Williams in the fourth quarter valued at $27,000. Perkins Coie Trust Co acquired a new stake in shares of Sherwin-Williams during the first quarter worth $27,000. Synergy Investment Management LLC raised its holdings in shares of Sherwin-Williams by 583.3% during the first quarter. Synergy Investment Management LLC now owns 82 shares of the specialty chemicals company's stock worth $29,000 after purchasing an additional 70 shares during the period. Barnes Dennig Private Wealth Management LLC bought a new stake in Sherwin-Williams in the 1st quarter valued at about $30,000. Finally, Saudi Central Bank bought a new stake in Sherwin-Williams in the 1st quarter valued at about $33,000. 77.67% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

SHW has been the topic of several recent research reports. UBS Group cut their price objective on shares of Sherwin-Williams from $410.00 to $395.00 and set a "buy" rating on the stock in a research report on Wednesday, July 23rd. Loop Capital decreased their target price on shares of Sherwin-Williams from $395.00 to $380.00 and set a "buy" rating for the company in a report on Wednesday, July 23rd. BMO Capital Markets decreased their target price 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. Citigroup decreased their price target on shares of Sherwin-Williams from $385.00 to $375.00 and set a "neutral" rating for the company in a report on Wednesday, July 23rd. Finally, Wells Fargo & Company reduced their target price on shares of Sherwin-Williams from $420.00 to $400.00 and set an "overweight" rating for the company in a research note 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 company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $387.27.

Sherwin-Williams Stock Down 0.0%

Shares of NYSE:SHW opened at $346.72 on Tuesday. The Sherwin-Williams Company has a 52 week low of $308.84 and a 52 week high of $400.42. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.48 and a current ratio of 0.78. The company's fifty day moving average is $354.60 and its 200-day moving average is $348.70. The company has a market capitalization of $86.45 billion, a PE ratio of 34.40, a P/E/G ratio of 2.88 and a beta of 1.18.

Sherwin-Williams (NYSE:SHW - Get Free Report) last issued its earnings results on Tuesday, July 22nd. The specialty chemicals company reported $3.38 EPS 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 firm had revenue of $6.31 billion during the quarter, compared to analyst estimates of $6.31 billion. During the same quarter in the prior year, the firm posted $3.70 EPS. The firm's revenue for the quarter was up .6% on a year-over-year basis. Sherwin-Williams has set its FY 2025 guidance at 11.200-11.500 EPS. Equities research analysts predict that The Sherwin-Williams Company will post 12 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

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

Insider Buying and Selling at Sherwin-Williams

In related news, CAO James P. Lang sold 860 shares of the company's stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $350.35, for a total transaction of $301,301.00. Following the transaction, the chief accounting officer owned 377 shares in the company, valued at $132,081.95. This represents a 69.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Justin T. Binns sold 609 shares of the company's stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $368.82, for a total transaction of $224,611.38. Following the transaction, the insider owned 17,922 shares in the company, valued at approximately $6,609,992.04. This trade 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.

About Sherwin-Williams

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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