The Sherwin-Williams Company $SHW Shares Sold by GoalVest Advisory LLC

GoalVest Advisory LLC cut its stake in The Sherwin-Williams Company (NYSE:SHW) by 91.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 300 shares of the specialty chemicals company’s stock after selling 3,065 shares during the period. GoalVest Advisory LLC’s holdings in Sherwin-Williams were worth $104,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. MTM Investment Management LLC acquired a new stake in shares of Sherwin-Williams in the 2nd quarter worth about $26,000. Valley National Advisers Inc. increased its stake in shares of Sherwin-Williams by 68.0% in the second quarter. Valley National Advisers Inc. now owns 84 shares of the specialty chemicals company’s stock valued at $28,000 after purchasing an additional 34 shares during the period. Vermillion & White Wealth Management Group LLC raised its holdings in shares of Sherwin-Williams by 104.8% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 86 shares of the specialty chemicals company’s stock valued at $30,000 after buying an additional 44 shares during the last quarter. Salomon & Ludwin LLC acquired a new position in shares of Sherwin-Williams during the second quarter worth approximately $31,000. Finally, Flaharty Asset Management LLC acquired a new position in shares of Sherwin-Williams during the first quarter worth approximately $33,000. 77.67% of the stock is currently owned by institutional investors.

Sherwin-Williams Price Performance

NYSE:SHW opened at $327.96 on Monday. The company has a quick ratio of 0.52, a current ratio of 0.82 and a debt-to-equity ratio of 2.11. The business’s 50-day moving average price is $333.78 and its 200 day moving average price is $343.24. The Sherwin-Williams Company has a 52-week low of $308.84 and a 52-week high of $379.65. The firm has a market cap of $81.30 billion, a P/E ratio of 32.00, a PEG ratio of 3.49 and a beta of 1.26.

Sherwin-Williams (NYSE:SHW) last released its earnings results on Tuesday, October 28th. The specialty chemicals company reported $3.59 EPS for the quarter, topping analysts’ consensus estimates of $3.44 by $0.15. The business had revenue of $6.36 billion for the quarter, compared to the consensus estimate of $6.21 billion. Sherwin-Williams had a net margin of 11.05% and a return on equity of 66.75%. The business’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same period in the previous year, the firm earned $3.37 EPS. Sherwin-Williams has set its FY 2025 guidance at 11.250-11.450 EPS. As a group, sell-side analysts predict that The Sherwin-Williams Company will post 12 earnings per share for the current fiscal year.

Sherwin-Williams Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 5th. Stockholders of record on Friday, November 14th were paid a dividend of $0.79 per share. The ex-dividend date of this dividend was Friday, November 14th. This represents a $3.16 annualized dividend and a dividend yield of 1.0%. Sherwin-Williams’s dividend payout ratio (DPR) is currently 30.83%.

Analysts Set New Price Targets

SHW has been the topic of several recent analyst reports. Mizuho cut their target price on Sherwin-Williams from $400.00 to $390.00 and set an “outperform” rating on the stock in a research note on Thursday, December 18th. Weiss Ratings reissued a “hold (c+)” rating on shares of Sherwin-Williams in a report on Monday, December 29th. Royal Bank Of Canada set a $405.00 price objective on shares of Sherwin-Williams and gave the company an “outperform” rating in a research note on Wednesday, October 29th. JPMorgan Chase & Co. increased their target price on shares of Sherwin-Williams from $378.00 to $385.00 and gave the company an “overweight” rating in a research report on Wednesday, October 29th. Finally, Wells Fargo & Company set a $410.00 target price on shares of Sherwin-Williams and gave the company an “overweight” rating in a research note on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $390.07.

Sherwin-Williams Company 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.