The Sherwin-Williams Company $SHW Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC reduced its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 76.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,592 shares of the specialty chemicals company’s stock after selling 41,832 shares during the quarter. SG Americas Securities LLC’s holdings in Sherwin-Williams were worth $4,360,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. MTM Investment Management LLC purchased a new position in shares of Sherwin-Williams during the 2nd quarter valued at approximately $26,000. Valley National Advisers Inc. increased its holdings in 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 buying an additional 34 shares in the last quarter. Vermillion & White Wealth Management Group LLC increased its holdings in Sherwin-Williams by 104.8% in 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 in the last quarter. Salomon & Ludwin LLC acquired a new position in shares of Sherwin-Williams in the second quarter worth about $31,000. Finally, Delos Wealth Advisors LLC purchased a new stake in shares of Sherwin-Williams during the 2nd quarter worth about $36,000. 77.67% of the stock is owned by institutional investors and hedge funds.

Sherwin-Williams Stock Performance

Shares of NYSE:SHW opened at $352.87 on Monday. The business’s 50 day moving average price is $333.17 and its 200-day moving average price is $343.24. The Sherwin-Williams Company has a 1 year low of $308.84 and a 1 year high of $379.65. The company has a debt-to-equity ratio of 2.11, a current ratio of 0.82 and a quick ratio of 0.52. The firm has a market capitalization of $87.47 billion, a PE ratio of 34.43, a P/E/G ratio of 4.36 and a beta of 1.26.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings data on Tuesday, October 28th. The specialty chemicals company reported $3.59 earnings per share for the quarter, beating analysts’ consensus estimates of $3.44 by $0.15. Sherwin-Williams had a return on equity of 66.75% and a net margin of 11.05%.The company had revenue of $6.36 billion for the quarter, compared to analyst estimates of $6.21 billion. During the same quarter last year, the firm posted $3.37 EPS. The firm’s revenue for the quarter was up 3.2% on a year-over-year basis. Sherwin-Williams has set its FY 2025 guidance at 11.250-11.450 EPS. As a group, equities research analysts expect that The Sherwin-Williams Company will post 12 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 5th. Shareholders of record on Friday, November 14th were issued a $0.79 dividend. The ex-dividend date was Friday, November 14th. This represents a $3.16 dividend on an annualized basis and a yield of 0.9%. Sherwin-Williams’s dividend payout ratio is presently 30.83%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on SHW shares. JPMorgan Chase & Co. lifted their price target on Sherwin-Williams from $378.00 to $385.00 and gave the company an “overweight” rating in a research note on Wednesday, October 29th. Weiss Ratings restated a “hold (c+)” rating on shares of Sherwin-Williams in a research report on Monday, December 29th. Bank of America decreased their target price on Sherwin-Williams from $375.00 to $368.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 14th. Citigroup raised shares of Sherwin-Williams from a “neutral” rating to a “buy” rating and dropped their price target for the company from $392.00 to $390.00 in a research note on Thursday, December 18th. Finally, UBS Group restated a “buy” rating and set a $422.00 price objective (up from $400.00) on shares of Sherwin-Williams in a research report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, Sherwin-Williams presently has an average rating of “Moderate Buy” and an average price target of $388.88.

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.