Inscription Capital LLC Makes New $1.07 Million Investment in The Sherwin-Williams Company $SHW

Inscription Capital LLC purchased a new position in The Sherwin-Williams Company (NYSE:SHW) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 3,087 shares of the specialty chemicals company’s stock, valued at approximately $1,069,000.

A number of other hedge funds have also made changes to their positions in SHW. Root Financial Partners LLC bought a new stake in Sherwin-Williams during the third quarter worth approximately $102,000. Arkadios Wealth Advisors lifted its stake in shares of Sherwin-Williams by 9.5% in the third quarter. Arkadios Wealth Advisors now owns 4,324 shares of the specialty chemicals company’s stock worth $1,497,000 after buying an additional 374 shares during the last quarter. Turtle Creek Wealth Advisors LLC boosted its holdings in shares of Sherwin-Williams by 22.5% during the 3rd quarter. Turtle Creek Wealth Advisors LLC now owns 2,420 shares of the specialty chemicals company’s stock worth $838,000 after buying an additional 444 shares during the period. Mizuho Markets Americas LLC grew its stake in Sherwin-Williams by 8.9% in the 3rd quarter. Mizuho Markets Americas LLC now owns 829 shares of the specialty chemicals company’s stock valued at $287,000 after buying an additional 68 shares during the last quarter. Finally, Allstate Corp bought a new position in Sherwin-Williams in the 3rd quarter worth $3,012,000. Institutional investors and hedge funds own 77.67% of the company’s stock.

Sherwin-Williams Stock Performance

SHW opened at $347.10 on Wednesday. The stock’s 50 day simple moving average is $335.19 and its 200-day simple moving average is $343.58. The company has a current ratio of 0.82, a quick ratio of 0.52 and a debt-to-equity ratio of 2.11. The stock has a market cap of $86.04 billion, a PE ratio of 33.86, a P/E/G ratio of 4.41 and a beta of 1.26. The Sherwin-Williams Company has a 1 year low of $308.84 and a 1 year high of $379.65.

Sherwin-Williams (NYSE:SHW) last posted its quarterly earnings results on Tuesday, October 28th. The specialty chemicals company reported $3.59 earnings per share for the quarter, topping analysts’ consensus estimates of $3.44 by $0.15. The firm 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 was up 3.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.37 earnings per share. Sherwin-Williams has set its FY 2025 guidance at 11.250-11.450 EPS. Sell-side analysts forecast that The Sherwin-Williams Company will post 12 EPS for the current year.

Wall Street Analyst Weigh In

SHW has been the subject of a number of recent analyst reports. Bank of America decreased their price target on shares of Sherwin-Williams from $375.00 to $368.00 and set a “neutral” rating for the company in a report on Tuesday, October 14th. Citigroup reaffirmed a “buy” rating on shares of Sherwin-Williams in a report on Monday. Royal Bank Of Canada set a $405.00 price target on Sherwin-Williams and gave the stock an “outperform” rating in a report on Wednesday, October 29th. UBS Group reissued a “buy” rating and issued a $415.00 price objective (down from $422.00) on shares of Sherwin-Williams in a research report on Monday, January 12th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Sherwin-Williams from $378.00 to $385.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 29th. Twelve equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $388.44.

About Sherwin-Williams

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.