Strs Ohio Sells 20,199 Shares of The Sherwin-Williams Company $SHW

Key Points

• Strs Ohio sold 20,199 shares of Sherwin‑Williams (SHW), a 20% reduction that left the fund with 81,037 shares valued at $26.26 million at quarter‑end.
• Analysts have trimmed ratings and price targets (including a downgrade from Deutsche Bank), though the stock still carries a consensus "Moderate Buy" with a $375.33 average target.
• Company results: SHW beat quarterly EPS estimates ($2.35 vs. $2.27), set FY2026 guidance of $11.50–$11.90 EPS, and declared a $0.80 quarterly dividend (1.0% yield).

Strs Ohio reduced its holdings in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) by 20.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 81,037 shares of the specialty chemicals company's stock after selling 20,199 shares during the quarter. Strs Ohio's holdings in Sherwin-Williams were worth $26,258,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Cordatus Wealth Management LLC raised its holdings in Sherwin-Williams by 149.4% during the third quarter. Cordatus Wealth Management LLC now owns 9,588 shares of the specialty chemicals company's stock worth $3,320,000 after buying an additional 5,744 shares during the last quarter. Nordea Investment Management AB raised its holdings in Sherwin-Williams by 16.1% during the third quarter. Nordea Investment Management AB now owns 125,914 shares of the specialty chemicals company's stock worth $43,536,000 after buying an additional 17,422 shares during the last quarter. Wealthfront Advisers LLC raised its holdings in Sherwin-Williams by 26.1% during the third quarter. Wealthfront Advisers LLC now owns 30,927 shares of the specialty chemicals company's stock worth $10,709,000 after buying an additional 6,408 shares during the last quarter. Mairs & Power Inc. raised its holdings in Sherwin-Williams by 0.7% during the third quarter. Mairs & Power Inc. now owns 464,043 shares of the specialty chemicals company's stock worth $160,680,000 after buying an additional 3,430 shares during the last quarter. Finally, Inscription Capital LLC acquired a new position in Sherwin-Williams during the third quarter worth $1,069,000. 77.67% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

SHW has been the topic of several research reports. Deutsche Bank Aktiengesellschaft downgraded shares of Sherwin-Williams from a "buy" rating to a "hold" rating and set a $380.00 price objective on the stock. in a report on Thursday, January 22nd. Wells Fargo & Company lowered 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. JPMorgan Chase & Co. lowered their target price on shares of Sherwin-Williams from $385.00 to $365.00 and set an "overweight" rating for the company in a report on Wednesday. Mizuho lowered their target price on shares of Sherwin-Williams from $410.00 to $371.00 and set an "outperform" rating for the company in a report on Monday, March 23rd. Finally, Bank of America lowered their target price on shares of Sherwin-Williams from $370.00 to $365.00 and set a "neutral" rating for the company in a report on Tuesday, April 21st. Ten investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $375.33.

Sherwin-Williams Stock Performance

Shares of SHW stock opened at $318.05 on Friday. The firm has a 50-day moving average of $331.28 and a 200-day moving average of $338.08. The company has a market cap of $78.44 billion, a P/E ratio of 30.52, a P/E/G ratio of 2.80 and a beta of 1.16. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.86 and a quick ratio of 0.53. The Sherwin-Williams Company has a one year low of $301.58 and a one year high of $379.65.

Sherwin-Williams (NYSE:SHW - Get Free Report) last announced its earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 EPS for the quarter, beating the consensus estimate of $2.27 by $0.08. The company had revenue of $5.67 billion during the quarter, compared to the consensus estimate of $5.56 billion. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The firm's revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.25 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Equities research analysts forecast that The Sherwin-Williams Company will post 11.74 EPS for the current fiscal year.

Sherwin-Williams Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 22nd will be given a dividend of $0.80 per share. The ex-dividend date is Friday, May 22nd. This represents a $3.20 annualized dividend and a yield of 1.0%. Sherwin-Williams's dividend payout ratio is presently 30.71%.

Insider Activity

In related news, insider Colin M. Davie sold 2,976 shares of the stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $359.50, for a total transaction of $1,069,872.00. Following the completion of the transaction, the insider owned 5,365 shares in the company, valued at approximately $1,928,717.50. This represents a 35.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Bryan J. Young sold 2,513 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $364.47, for a total transaction of $915,913.11. Following the transaction, the senior vice president owned 10,045 shares of the company's stock, valued at approximately $3,661,101.15. The trade was a 20.01% decrease in their position. The SEC filing for this sale provides additional information. 0.23% of the stock is currently owned by corporate insiders.

Sherwin-Williams Profile

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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