The Sherwin-Williams Company $SHW Shares Bought by Vontobel Holding Ltd.

Vontobel Holding Ltd. raised its position in The Sherwin-Williams Company (NYSE:SHW - Free Report) by 42.2% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 128,207 shares of the specialty chemicals company's stock after buying an additional 38,044 shares during the quarter. Vontobel Holding Ltd. owned about 0.05% of Sherwin-Williams worth $44,021,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of SHW. Valley National Advisers Inc. increased its stake in Sherwin-Williams by 68.0% in the 2nd quarter. Valley National Advisers Inc. now owns 84 shares of the specialty chemicals company's stock valued at $28,000 after buying an additional 34 shares during the period. Synergy Investment Management LLC boosted its position in shares of Sherwin-Williams by 583.3% during the 1st 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 in the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Sherwin-Williams during the 1st quarter worth $30,000. Saudi Central Bank purchased a new stake in shares of Sherwin-Williams during the 1st quarter worth $33,000. Finally, Flaharty Asset Management LLC purchased a new stake in shares of Sherwin-Williams during the 1st quarter worth $33,000. 77.67% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Sherwin-Williams

In other Sherwin-Williams news, insider Justin T. Binns sold 609 shares of the company'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 transaction, the insider directly owned 17,922 shares in the company, valued at approximately $6,609,992.04. This represents a 3.29% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, 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 completion of the transaction, the chief accounting officer owned 377 shares in the company, valued at approximately $132,081.95. This trade represents a 69.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.60% of the stock is currently owned by corporate insiders.

Sherwin-Williams Price Performance

NYSE:SHW opened at $337.48 on Thursday. The firm has a market cap of $84.14 billion, a price-to-earnings ratio of 33.48, a price-to-earnings-growth ratio of 2.80 and a beta of 1.20. 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 company's 50-day moving average is $355.21 and its two-hundred day moving average is $348.53. The Sherwin-Williams Company has a 12-month low of $308.84 and a 12-month high of $400.42.

Sherwin-Williams (NYSE:SHW - Get Free Report) last released its earnings results on Tuesday, July 22nd. The specialty chemicals company reported $3.38 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.76 by ($0.38). The firm had revenue of $6.31 billion during the quarter, compared to analysts' expectations of $6.31 billion. Sherwin-Williams had a net margin of 11.03% and a return on equity of 66.91%. Sherwin-Williams's revenue for the quarter was up .6% on a year-over-year basis. During the same quarter last year, the company posted $3.70 earnings per share. Sherwin-Williams has set its FY 2025 guidance at 11.200-11.500 EPS. Research analysts expect that The Sherwin-Williams Company will post 12 EPS for the current year.

Sherwin-Williams Announces Dividend

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

Analyst Ratings Changes

Several brokerages have commented on SHW. BMO Capital Markets decreased their target price on shares of Sherwin-Williams from $405.00 to $391.00 and set an "outperform" rating on the stock in a research report on Wednesday, July 23rd. Evercore ISI boosted their target price on shares of Sherwin-Williams from $380.00 to $400.00 and gave the stock an "outperform" rating in a research report on Tuesday, August 26th. JPMorgan Chase & Co. decreased their target price on shares of Sherwin-Williams from $390.00 to $378.00 and set an "overweight" rating on the stock 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 boosted their target price for the stock from $296.00 to $375.00 in a research report on Thursday, August 14th. Finally, Mizuho decreased their price objective on shares of Sherwin-Williams from $400.00 to $385.00 and set an "outperform" rating on the stock in a research report on Wednesday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Sherwin-Williams currently has a consensus rating of "Moderate Buy" and a consensus price target of $387.93.

Sherwin-Williams 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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