The Sherwin-Williams Company $SHW Shares Purchased by B. Metzler seel. Sohn & Co. AG

Key Points

• B. Metzler seel. Sohn & Co. AG increased its stake in The Sherwin-Williams Company by 38.1% during the first quarter, totaling 131,835 shares worth approximately $46 million.
• Several large investors, including Park Square Financial Group and Synergy Investment Management LLC, have recently added to their holdings, indicating strong institutional interest in Sherwin-Williams.
• The company faced a disappointing earnings report, with quarterly EPS of $3.38, missing estimates by $0.38, while also announcing a quarterly dividend of $0.79.

B. Metzler seel. Sohn & Co. AG boosted its stake in The Sherwin-Williams Company (NYSE:SHW - Free Report) by 38.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 131,835 shares of the specialty chemicals company's stock after purchasing an additional 36,379 shares during the period. B. Metzler seel. Sohn & Co. AG owned approximately 0.05% of Sherwin-Williams worth $46,035,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in SHW. Park Square Financial Group LLC acquired a new position in Sherwin-Williams in the 4th quarter worth $27,000. Perkins Coie Trust Co acquired a new position in Sherwin-Williams in the 1st quarter worth $27,000. Synergy Investment Management LLC lifted its holdings in Sherwin-Williams by 583.3% in the 1st 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 acquired a new position in Sherwin-Williams in the 1st quarter worth $30,000. Finally, HWG Holdings LP acquired a new position in Sherwin-Williams in the 1st quarter worth $46,000. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Mizuho cut their price objective on shares of Sherwin-Williams from $400.00 to $385.00 and set an "outperform" rating on the stock in a report on Wednesday, July 23rd. Wells Fargo & Company cut their price objective on shares of Sherwin-Williams from $420.00 to $400.00 and set an "overweight" rating on the stock in a report on Wednesday, July 23rd. JPMorgan Chase & Co. cut their price objective on shares of Sherwin-Williams from $390.00 to $378.00 and set an "overweight" rating on the stock in a report on Wednesday, July 23rd. UBS Group dropped their target price on shares of Sherwin-Williams from $410.00 to $395.00 and set a "buy" rating for the company in a research report on Wednesday, July 23rd. Finally, Loop Capital dropped their target price 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 equities research 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 stock. According to MarketBeat.com, Sherwin-Williams presently has an average rating of "Moderate Buy" and an average target price of $387.27.

Insiders Place Their Bets

In related news, CAO James P. Lang sold 860 shares of Sherwin-Williams stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $350.35, for a total value of $301,301.00. Following the sale, the chief accounting officer directly owned 377 shares in the company, valued at $132,081.95. This trade represents a 69.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.60% of the stock is currently owned by corporate insiders.

Sherwin-Williams Trading Down 0.1%

NYSE SHW opened at $366.68 on Wednesday. The Sherwin-Williams Company has a one year low of $308.84 and a one year high of $400.42. The company has a 50-day simple moving average of $348.59 and a 200-day simple moving average of $348.15. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.48 and a current ratio of 0.78. The firm has a market capitalization of $91.42 billion, a PE ratio of 36.38, a price-to-earnings-growth ratio of 3.05 and a beta of 1.16.

Sherwin-Williams (NYSE:SHW - Get Free Report) last posted 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 business 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%. The company's quarterly revenue was up .6% on a year-over-year basis. During the same period last year, the firm posted $3.70 earnings per share. Sherwin-Williams has set its FY 2025 guidance at 11.200-11.500 EPS. On average, equities analysts forecast that The Sherwin-Williams Company will post 12 earnings per share for the current year.

Sherwin-Williams Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 5th. Investors of record on Friday, August 15th will be given a $0.79 dividend. The ex-dividend date is Friday, August 15th. This represents a $3.16 annualized dividend and a yield of 0.9%. Sherwin-Williams's dividend payout ratio (DPR) is currently 31.35%.

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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