Several large investors have recently increased their holdings in Sherwin-Williams. HHM Wealth Advisors grew their stake by 102.3%, owning 89 shares valued at $27,000 after acquiring 45 more shares. Semmax Financial Advisors increased their holdings by 136.4% to 104 shares worth $31,000 after buying 60 shares. VitalStone Financial raised their stake by 233.3% to 110 shares valued at $33,000 after adding 77 shares. Anfield Capital Management bought new shares worth about $38,000, and Meeder Asset Management purchased shares valued at $41,000. Currently, 77.67% of Sherwin-Williams stock is held by institutional investors.
Sherwin-Williams Stock Drops 1.3%
Sherwin-Williams (SHW) opened at $373.10. The stock has a 52-week low of $232.06 and a high of $385.25. With a market cap of $94.12 billion, the company’s P/E ratio is 39.78, and it has a beta of 1.17. Key financial ratios include a quick ratio of 0.50 and a debt-to-equity ratio of 2.17.
Sherwin-Williams announced earnings on July 23, posting $3.70 per share, exceeding predictions of $3.51. The revenue for the quarter was $6.27 billion, slightly below the estimated $6.33 billion, but was up 0.5% year-over-year. Analysts expect an EPS of 11.47 for the current year.
Dividend Announcement
The company recently paid a quarterly dividend of $0.715 per share, resulting in an annualized dividend of $2.86 and a yield of 0.77%. The payout ratio is 30.49%.
Insider Transactions
CFO Allen J. Mistysyn sold 14,520 shares at $366.83 each on August 30, totaling approximately $5.33 million. Following the sale, he owns 63,520 shares valued at $23.3 million. Insider ownership stands at 0.60%.
Analyst Ratings
Recent analyst reports include Jefferies Financial raising the target price from $392 to $415, with a “buy” rating. Evercore ISI increased its target from $365 to $380, maintaining an “outperform” rating. Overall, Sherwin-Williams holds a consensus rating of “Moderate Buy” with a target price of $370.39.
Read Our Latest Stock Report on Sherwin-Williams
Sherwin-Williams Overview
The Sherwin-Williams Company specializes in paints, coatings, and related products, serving professional, industrial, commercial, and retail clients through various segments.
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