Robeco Institutional Asset Management B.V. Sells 14,225 Shares of The Sherwin-Williams Company $SHW

Robeco Institutional Asset Management B.V. lessened its stake in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) by 91.4% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,342 shares of the specialty chemicals company's stock after selling 14,225 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in Sherwin-Williams were worth $461,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Synergy Investment Management LLC raised its holdings in shares of Sherwin-Williams by 583.3% in 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 last quarter. Barnes Dennig Private Wealth Management LLC purchased a new position in Sherwin-Williams during the first quarter valued at approximately $30,000. Saudi Central Bank bought a new stake in Sherwin-Williams during the first quarter valued at approximately $33,000. Flaharty Asset Management LLC bought a new stake in Sherwin-Williams during the first quarter valued at approximately $33,000. Finally, Anderson Financial Strategies LLC bought a new stake in shares of Sherwin-Williams in the 1st quarter worth approximately $35,000. Institutional investors and hedge funds own 77.67% of the company's stock.

Insider Activity

In other Sherwin-Williams news, insider Justin T. Binns sold 609 shares of the business's stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $368.82, for a total value of $224,611.38. Following the completion of the transaction, the insider directly owned 17,922 shares in the company, valued at approximately $6,609,992.04. The trade was a 3.29% 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, CAO James P. Lang sold 860 shares of the business's stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $350.35, for a total transaction of $301,301.00. Following the completion of the transaction, the chief accounting officer owned 377 shares of the company's stock, valued at $132,081.95. This represents a 69.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.60% of the company's stock.

Sherwin-Williams Trading Up 0.1%

Shares of SHW opened at $337.48 on Thursday. The company's fifty day moving average is $355.21 and its 200 day moving average is $348.53. The Sherwin-Williams Company has a fifty-two week low of $308.84 and a fifty-two week high of $400.42. The stock has a market capitalization of $84.14 billion, a PE ratio of 33.48, a P/E/G ratio of 2.80 and a beta of 1.20. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.48 and a current ratio of 0.78.

Sherwin-Williams (NYSE:SHW - Get Free Report) last posted its quarterly earnings data 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). The firm had revenue of $6.31 billion for the quarter, compared to analysts' expectations of $6.31 billion. Sherwin-Williams had a return on equity of 66.91% and a net margin of 11.03%.The firm's quarterly revenue was up .6% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.70 earnings per share. Sherwin-Williams has set its FY 2025 guidance at 11.200-11.500 EPS. Sell-side analysts expect that The Sherwin-Williams Company will post 12 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Friday, August 15th were paid a dividend of $0.79 per share. 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%.

Analyst Ratings Changes

SHW has been the subject of several analyst reports. UBS Group reissued a "buy" rating and set a $400.00 price target (up previously from $395.00) on shares of Sherwin-Williams in a research report on Monday. JPMorgan Chase & Co. dropped their price target on shares of Sherwin-Williams from $390.00 to $378.00 and set an "overweight" rating for the company in a research report on Wednesday, July 23rd. Weiss Ratings reissued a "buy (b-)" rating on shares of Sherwin-Williams in a research report on Wednesday. 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. Finally, Citigroup restated a "neutral" rating and issued a $380.00 price objective (up from $375.00) on shares of Sherwin-Williams in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $387.93.

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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