Roundview Capital LLC Acquires 770 Shares of The Sherwin-Williams Company $SHW

Key Points

• Roundview Capital LLC increased its ownership in The Sherwin-Williams Company by 5.2% during the second quarter, acquiring an additional 770 shares, bringing its total holdings to 15,464 shares valued at approximately $5.31 million.
• Several institutional investors have also adjusted their positions in Sherwin-Williams, with 77.67% of the stock now owned by institutional investors.
• Analysts have set new price targets for Sherwin-Williams, with Evercore ISI and UBS Group both raising their target prices to $400, reflecting a positive outlook for the stock.

Roundview Capital LLC boosted its holdings in The Sherwin-Williams Company (NYSE:SHW - Free Report) by 5.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,464 shares of the specialty chemicals company's stock after buying an additional 770 shares during the period. Roundview Capital LLC's holdings in Sherwin-Williams were worth $5,310,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in SHW. Moors & Cabot Inc. grew its holdings in shares of Sherwin-Williams by 0.4% during the 1st quarter. Moors & Cabot Inc. now owns 9,016 shares of the specialty chemicals company's stock worth $3,148,000 after purchasing an additional 39 shares in the last quarter. Ransom Advisory Ltd acquired a new stake in shares of Sherwin-Williams during the 1st quarter worth approximately $515,000. Kingswood Wealth Advisors LLC grew its holdings in shares of Sherwin-Williams by 25.0% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 1,006 shares of the specialty chemicals company's stock worth $352,000 after purchasing an additional 201 shares in the last quarter. Sowell Financial Services LLC acquired a new stake in shares of Sherwin-Williams during the 1st quarter worth approximately $306,000. Finally, Moody Lynn & Lieberson LLC grew its holdings in shares of Sherwin-Williams by 138.0% during the 2nd quarter. Moody Lynn & Lieberson LLC now owns 20,402 shares of the specialty chemicals company's stock worth $7,005,000 after purchasing an additional 11,828 shares in the last quarter. 77.67% of the stock is owned by institutional investors.

Analysts Set New Price Targets

SHW has been the topic of several recent research reports. Evercore ISI lifted their price objective on Sherwin-Williams from $380.00 to $400.00 and gave the stock an "outperform" rating in a report on Tuesday, August 26th. UBS Group reissued a "buy" rating and set a $400.00 price objective (up previously from $395.00) on shares of Sherwin-Williams in a report on Monday. Citigroup reissued a "neutral" rating and set a $380.00 price objective (up previously from $375.00) on shares of Sherwin-Williams in a report on Monday. Mizuho decreased their price target on Sherwin-Williams from $400.00 to $385.00 and set an "outperform" rating on the stock in a research note on Wednesday, July 23rd. Finally, Bank of America raised Sherwin-Williams from an "underperform" rating to a "neutral" rating and boosted their price target for the company from $296.00 to $375.00 in a research note on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $387.93.

Insiders Place Their Bets

In other Sherwin-Williams news, 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 value of $224,611.38. Following the transaction, the insider owned 17,922 shares of the company's stock, valued at approximately $6,609,992.04. The trade was a 3.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO James P. Lang sold 860 shares of the business's stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of $350.35, for a total value of $301,301.00. Following the completion of the transaction, the chief accounting officer directly owned 377 shares in the company, valued at approximately $132,081.95. This represents a 69.52% decrease in their position. The disclosure for this sale can be found here. 0.60% of the stock is currently owned by insiders.

Sherwin-Williams Price Performance

Shares of SHW stock opened at $336.93 on Tuesday. The stock's fifty day simple moving average is $355.12 and its 200 day simple moving average is $348.70. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.78 and a quick ratio of 0.48. The firm has a market cap of $84.01 billion, a price-to-earnings ratio of 33.43, a P/E/G ratio of 2.88 and a beta of 1.20. The Sherwin-Williams Company has a one year low of $308.84 and a one year high of $400.42.

Sherwin-Williams (NYSE:SHW - Get Free Report) last announced its quarterly 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). 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%. Sherwin-Williams's quarterly revenue was up .6% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.70 EPS. Sherwin-Williams has set its FY 2025 guidance at 11.200-11.500 EPS. On average, analysts expect that The Sherwin-Williams Company will post 12 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

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

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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