The Sherwin-Williams Company (NYSE:SHW) has seen a significant activity in the stock market as reported by multiple entities. Wealthspire Advisors LLC and Findlay Park Partners LLP have reduced their stock positions, while SG Americas Securities LLC, State of Michigan Retirement System, Norden Group LLC, Merrill Lynch Wealth Management and others increased their investment. Sherwin-Williams has been touted as a long-term growth stock by some analysts despite missing Q1 earnings and revenue estimates. The price has been considered out of tune with earnings, but despite this, the company has declared an increased dividend of $0.715 per common share. Its Q1 earnings showed key metrics not meeting expectations and Q4 reports revealed a muted near-term outlook. An upgrade by UBS has given a small boost to the company. Furthermore, Sherwin-Williams is set to announce its Q2 2024 financial results on July 23, 2024.
Sherwin-Williams SHW News Analytics from Tue, 24 Oct 2023 07:00:00 GMT to Sun, 14 Jul 2024 12:46:55 GMT -
Rating -3
- Innovation 4
- Information 7
- Rumor -1
