The Sherwin-Williams Company $SHW Position Increased by Crew Capital Management Ltd.

Key Points

• Crew Capital Management Ltd. significantly increased its holdings in The Sherwin-Williams Company by 189.7%, owning 2,457 shares valued at approximately $844,000 as of the latest SEC filing.
• Insider trading activity revealed that both James P. Lang and Justin T. Binns sold shares of the company, with Lang's sale representing a 69.52% decrease in his position.
• Sherwin-Williams reported a quarterly EPS of $3.38, missing analysts' estimates, while the company has projected its FY 2025 earnings guidance to be between 11.200 and 11.500 EPS.

Crew Capital Management Ltd. raised its holdings in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) by 189.7% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,457 shares of the specialty chemicals company's stock after buying an additional 1,609 shares during the period. Crew Capital Management Ltd.'s holdings in Sherwin-Williams were worth $844,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Perkins Coie Trust Co bought a new stake in Sherwin-Williams during the first quarter worth approximately $27,000. Park Square Financial Group LLC bought a new stake in Sherwin-Williams during the fourth quarter worth approximately $27,000. Synergy Investment Management LLC boosted its holdings in 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 buying an additional 70 shares in the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Sherwin-Williams in the 1st quarter valued at approximately $30,000. Finally, Saudi Central Bank purchased a new stake in shares of Sherwin-Williams in the 1st quarter valued at approximately $33,000. 77.67% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CAO James P. Lang sold 860 shares of the firm's stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $350.35, for a total value of $301,301.00. Following the transaction, the chief accounting officer directly owned 377 shares in the company, valued at approximately $132,081.95. This trade represents a 69.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Justin T. Binns sold 609 shares of the firm's stock in a transaction on Monday, August 25th. The shares were sold at an average price of $368.82, for a total transaction of $224,611.38. Following the completion of the transaction, the insider owned 17,922 shares in the company, valued at $6,609,992.04. The trade was a 3.29% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.60% of the company's stock.

Sherwin-Williams Stock Down 0.0%

Sherwin-Williams stock opened at $346.72 on Tuesday. The company has a market capitalization of $86.45 billion, a P/E ratio of 34.40, a P/E/G ratio of 2.88 and a beta of 1.18. The firm's fifty day simple moving average is $354.60 and its 200-day simple moving average is $348.70. The company has a current ratio of 0.78, a quick ratio of 0.48 and a debt-to-equity ratio of 1.78. The Sherwin-Williams Company has a 1-year low of $308.84 and a 1-year high of $400.42.

Sherwin-Williams (NYSE:SHW - Get Free Report) last released its quarterly earnings results on Tuesday, July 22nd. The specialty chemicals company reported $3.38 earnings per share for the quarter, missing analysts' consensus estimates of $3.76 by ($0.38). The business had revenue of $6.31 billion for the quarter, compared to the consensus estimate of $6.31 billion. Sherwin-Williams had a net margin of 11.03% and a return on equity of 66.91%. The firm's revenue for the quarter was up .6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.70 EPS. Sherwin-Williams has set its FY 2025 guidance at 11.200-11.500 EPS. Sell-side analysts forecast 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. Investors of record on Friday, August 15th were paid a $0.79 dividend. The ex-dividend date was Friday, August 15th. This represents a $3.16 dividend on an annualized basis and a yield of 0.9%. Sherwin-Williams's dividend payout ratio (DPR) is presently 31.35%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Mizuho reduced their price target on shares of Sherwin-Williams from $400.00 to $385.00 and set an "outperform" rating for the company in a research report on Wednesday, July 23rd. Citigroup reduced their price target on shares of Sherwin-Williams from $385.00 to $375.00 and set a "neutral" rating for the company in a research report on Wednesday, July 23rd. Bank of America upgraded shares of Sherwin-Williams from an "underperform" rating to a "neutral" rating and upped their price target for the company from $296.00 to $375.00 in a research report on Thursday, August 14th. JPMorgan Chase & Co. reduced 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. Finally, Loop Capital reduced their price target on shares of Sherwin-Williams from $395.00 to $380.00 and set a "buy" rating for the company in a research report on Wednesday, July 23rd. One investment 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. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $387.27.

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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