Representative Jefferson Shreve (R-Indiana) recently bought shares of The Sherwin-Williams Company NYSE: SHW. In a filing disclosed on March 09th, the Representative disclosed that they had bought between $15,001 and $50,000 in Sherwin-Williams stock on February 24th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.
Representative Jefferson Shreve also recently made the following trade(s):
- Purchased $15,001 - $50,000 in shares of RTX NYSE: RTX on 2/24/2025.
- Purchased $15,001 - $50,000 in shares of Royal Gold NASDAQ: RGLD on 2/24/2025.
- Purchased $15,001 - $50,000 in shares of QUALCOMM NASDAQ: QCOM on 2/24/2025.
- Purchased $15,001 - $50,000 in shares of Pfizer NYSE: PFE on 2/24/2025.
- Sold $15,001 - $50,000 in shares of Norfolk Southern NYSE: NSC on 2/24/2025.
- Purchased $15,001 - $50,000 in shares of CoStar Group NASDAQ: CSGP on 2/24/2025.
- Purchased $50,001 - $100,000 in shares of AbbVie NYSE: ABBV on 2/24/2025.
- Purchased $15,001 - $50,000 in shares of Johnson & Johnson NYSE: JNJ on 2/24/2025.
- Purchased $15,001 - $50,000 in shares of The Cigna Group NYSE: CI on 2/24/2025.
- Purchased $15,001 - $50,000 in shares of Adobe NASDAQ: ADBE on 2/24/2025.
Sherwin-Williams Stock Down 0.6 %
SHW stock traded down $2.10 during trading hours on Wednesday, hitting $350.92. The company's stock had a trading volume of 483,528 shares, compared to its average volume of 1,607,399. The company has a market capitalization of $88.26 billion, a PE ratio of 33.29, a price-to-earnings-growth ratio of 2.98 and a beta of 1.23. The stock has a 50 day moving average price of $353.36 and a two-hundred day moving average price of $365.96. The company has a quick ratio of 0.46, a current ratio of 0.79 and a debt-to-equity ratio of 2.02. The Sherwin-Williams Company has a 12 month low of $282.09 and a 12 month high of $400.42.
Sherwin-Williams (NYSE:SHW - Get Free Report) last posted its earnings results on Thursday, January 30th. The specialty chemicals company reported $2.09 EPS for the quarter, topping the consensus estimate of $2.07 by $0.02. Sherwin-Williams had a net margin of 11.61% and a return on equity of 74.50%. During the same quarter in the prior year, the business earned $1.81 EPS. On average, equities research analysts expect that The Sherwin-Williams Company will post 12 earnings per share for the current year.
Sherwin-Williams Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Monday, March 3rd will be paid a $0.79 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This is a boost from Sherwin-Williams's previous quarterly dividend of $0.72. This represents a $3.16 dividend on an annualized basis and a yield of 0.90%. Sherwin-Williams's payout ratio is 29.95%.
Analyst Ratings Changes
SHW has been the topic of a number of recent analyst reports. Berenberg Bank raised Sherwin-Williams from a "hold" rating to a "buy" rating and raised their price objective for the company from $321.00 to $420.00 in a research note on Friday, January 24th. Zelman & Associates upgraded shares of Sherwin-Williams to a "strong-buy" rating in a research note on Friday, January 17th. Morgan Stanley lowered their target price on Sherwin-Williams from $450.00 to $405.00 and set an "overweight" rating on the stock in a report on Tuesday, January 28th. Jefferies Financial Group reiterated a "hold" rating and set a $380.00 price target (down from $423.00) on shares of Sherwin-Williams in a report on Monday. Finally, StockNews.com downgraded shares of Sherwin-Williams from a "buy" rating to a "hold" rating in a research note on Thursday, November 28th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $401.13.
Check Out Our Latest Stock Report on Sherwin-Williams
Insiders Place Their Bets
In other news, insider Colin M. Davie sold 2,799 shares of the company's stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $360.30, for a total transaction of $1,008,479.70. Following the transaction, the insider now directly owns 5,365 shares in the company, valued at approximately $1,933,009.50. This represents a 34.28 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.60% of the company's stock.
Hedge Funds Weigh In On Sherwin-Williams
Several institutional investors have recently added to or reduced their stakes in the company. Midwest Capital Advisors LLC bought a new position in shares of Sherwin-Williams in the fourth quarter valued at approximately $26,000. Park Square Financial Group LLC bought a new stake in Sherwin-Williams during the 4th quarter worth approximately $27,000. Lee Danner & Bass Inc. acquired a new stake in Sherwin-Williams during the 4th quarter valued at $28,000. First Personal Financial Services bought a new position in shares of Sherwin-Williams in the third quarter valued at about $29,000. Finally, FSA Wealth Management LLC acquired a new position in Sherwin-Williams during the 3rd quarter worth about $32,000. 77.67% of the stock is owned by institutional investors.
About Representative Shreve
Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election.
Email editor@ballotpedia.org to notify us of updates to this biography.
Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive.
Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.
About Sherwin-Williams
(
Get Free Report)
The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coating, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: Paint Stores Group, Consumer Brands Group, and Performance Coatings Group.
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