Deutsche Bank AG Acquires 188,554 Shares of The Sherwin-Williams Company $SHW

by · The Cerbat Gem

Deutsche Bank AG boosted its holdings in shares of The Sherwin-Williams Company (NYSE:SHW – Free Report) by 23.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 979,682 shares of the specialty chemicals company’s stock after acquiring an additional 188,554 shares during the period. Deutsche Bank AG’s holdings in Sherwin-Williams were worth $317,446,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Motley Fool Asset Management LLC grew its holdings in Sherwin-Williams by 26.3% during the 4th quarter. Motley Fool Asset Management LLC now owns 26,051 shares of the specialty chemicals company’s stock worth $8,441,000 after acquiring an additional 5,420 shares in the last quarter. Pettyjohn Wood & White Inc. grew its holdings in Sherwin-Williams by 4.7% during the 4th quarter. Pettyjohn Wood & White Inc. now owns 5,912 shares of the specialty chemicals company’s stock worth $1,916,000 after acquiring an additional 264 shares in the last quarter. Westerkirk Capital Inc. grew its holdings in Sherwin-Williams by 97.8% during the 4th quarter. Westerkirk Capital Inc. now owns 1,879 shares of the specialty chemicals company’s stock worth $609,000 after acquiring an additional 929 shares in the last quarter. Cerity Partners LLC grew its holdings in Sherwin-Williams by 35.9% during the 4th quarter. Cerity Partners LLC now owns 120,741 shares of the specialty chemicals company’s stock worth $39,124,000 after acquiring an additional 31,864 shares in the last quarter. Finally, LPL Financial LLC grew its holdings in Sherwin-Williams by 1.8% during the 4th quarter. LPL Financial LLC now owns 253,932 shares of the specialty chemicals company’s stock worth $82,282,000 after acquiring an additional 4,485 shares in the last quarter. 77.67% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have issued reports on SHW. JPMorgan Chase & Co. dropped their target price on shares of Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. UBS Group cut shares of Sherwin-Williams from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $385.00 to $330.00 in a report on Tuesday, June 2nd. Weiss Ratings cut shares of Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 2nd. Royal Bank Of Canada dropped their target price on shares of Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating on the stock in a report on Thursday, March 19th. Finally, Mizuho dropped their target price on shares of Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating on the stock in a report on Monday, March 23rd. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Sherwin-Williams has an average rating of “Moderate Buy” and a consensus price target of $366.77.

Read Our Latest Stock Analysis on SHW

Sherwin-Williams Stock Performance

SHW stock opened at $304.28 on Thursday. The firm has a market cap of $75.05 billion, a price-to-earnings ratio of 29.20, a PEG ratio of 2.68 and a beta of 1.12. The firm has a 50-day simple moving average of $317.38 and a two-hundred day simple moving average of $332.35. The Sherwin-Williams Company has a one year low of $289.86 and a one year high of $379.65. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.53 and a current ratio of 0.86.

Sherwin-Williams (NYSE:SHW – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 EPS for the quarter, beating the consensus estimate of $2.27 by $0.08. The business had revenue of $5.67 billion during the quarter, compared to analyst estimates of $5.56 billion. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The company’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the firm posted $2.25 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. On average, equities analysts forecast that The Sherwin-Williams Company will post 11.78 EPS for the current fiscal year.

Sherwin-Williams Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 22nd were given a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, May 22nd. Sherwin-Williams’s dividend payout ratio is presently 30.71%.

Sherwin-Williams Profile

(Free Report)

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.

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