Latest news with #SHW
Hindustan Times
23-05-2025
- Politics
- Hindustan Times
Meet Jason Miller, India's $1.8 million man in Washington
In an effort to bolster its diplomatic outreach to the Trump administration, the Indian government hired lobbying firm SHW Partners LLC last month. The firm –– helmed by former Trump adviser Jason Miller –– will be paid a monthly fee of $150,000 by the Indian government for its services. 'This is not a new practice. This has been in place for several decades and under successive governments since the 1950s. These firms have been regularly engaged by the Embassy as per the requirement of the situation. All such engagements are available in the public domain. In the run up to the Nuclear Deal in 2007 and thereafter, firms were engaged to strengthen India's case. I should also add that such a practice is common among Embassies and other organizations in Washington DC and in other parts of the US,' said Randhir Jaiswal, official spokesperson of the ministry of external affairs at a press briefing on Thursday. 'SHW's representation will encompass providing strategic counsel, tactical planning, and government relations assistance on policy matters before the US Government, the U.S. Congress, state governments, academic institutions, think tanks, and any other relevant stakeholders as required,' the firm disclosed on April 24 about its one-year, $1.8 million contract with the Indian Embassy in Washington DC. Miller is a veteran of Trump's political campaigns and shot to prominence in 2016 when he served as Trump's chief media spokesperson. Known for his acerbic and voluble defence of Trump, Miller was initially slated to assume the powerful role of White House communications director after Trump won the 2016 election. Miller was forced to withdraw from consideration after he was accused of having an extramarital affair with and impregnating another Trump campaign official. He has subsequently been accused of sexual abuse and rape by the concerned official. Despite the scandal, Miller has remained firmly entrenched in Donald Trump's orbit. He returned to assist Trump in both his 2020 and 2024 Presidential campaigns as a key adviser. Along the way, Miller has also served as a political commentator for news networks such as CNN and Newsmax. He also has a long professional history working with top Republican politicians including Senator Ted Cruz, former New York City Mayor Rudy Giuliani and former Kentucky Governor Matt Bevin. Miller registered as a lobbyist in 2020 through his newly set up firm SHW Partners LLC. Prior to his recent contract with the Indian government, Miller's firm has also worked for real estate and financial services companies. 'In 1949, (the) Embassy hired Rosen & Fred; 1954 GOI hired Schaler, Butler Associates; 1958 GOI hired Moss Edward K; 1969-1974 GOI hired Squire, Sanders & Dempsey LLC; 1981-83 GOI hired Baron / Canning & Co Inc; 1992-93 GOI hired International Development Systems Inc; 2005- till date GOI hired BGR Govt affairs LLC. All such information is available on the US DOJ website - FARA filings,' Jaiswal added on Thursday, detailing a list of other lobbying firms used by India in the past. The development comes even as Pakistan has hired a suite of lobbying firms to assist in its diplomatic outreach. Javelin Advisers, Squire Patton Boggs, Conscience Point Consulting, Seiden Law and Orchid Advisers registered as foreign agents representing the government of Pakistan over just the last two months. According to one filing by Javelin Advisers with the US Department of Justice, the firm will help Pakistan communicate its perspective on India-Pakistan relations and the Kashmir dispute to America's executive branch, Congress and the general public.
Yahoo
17-05-2025
- Business
- Yahoo
Possible Bearish Signals With Sherwin-Williams Insiders Disposing Stock
The fact that multiple The Sherwin-Williams Company (NYSE:SHW) insiders offloaded a considerable amount of shares over the past year could have raised some eyebrows amongst investors. When evaluating insider transactions, knowing whether insiders are buying is usually more beneficial than knowing whether they are selling, as the latter can be open to many interpretations. However, shareholders should take a deeper look if several insiders are selling stock over a specific time period. While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Over the last year, we can see that the biggest insider sale was by the President & GM of Global Supply Chain Division and Consumer Brands Group, Colin Davie, for US$1.0m worth of shares, at about US$360 per share. That means that even when the share price was slightly below the current price of US$364, an insider wanted to cash in some shares. We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. However, while insider selling is sometimes discouraging, it's only a weak signal. It is worth noting that this sale was only 32% of Colin Davie's holding. In the last year Sherwin-Williams insiders didn't buy any company stock. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below! Check out our latest analysis for Sherwin-Williams I will like Sherwin-Williams better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying. The last quarter saw substantial insider selling of Sherwin-Williams shares. In total, President & GM of Global Supply Chain Division and Consumer Brands Group Colin Davie dumped US$1.0m worth of shares in that time, and we didn't record any purchases whatsoever. Overall this makes us a bit cautious, but it's not the be all and end all. I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Sherwin-Williams insiders own 0.3% of the company, currently worth about US$275m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders. An insider sold Sherwin-Williams shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. But since Sherwin-Williams is profitable and growing, we're not too worried by this. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. To assist with this, we've discovered 2 warning signs that you should run your eye over to get a better picture of Sherwin-Williams. Of course Sherwin-Williams may not be the best stock to buy. So you may wish to see this free collection of high quality companies. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
09-05-2025
- Business
- Yahoo
Is The Sherwin-Williams Company (SHW) the Best Dow Stock?
We recently published a list of . In this article, we are going to take a look at where The Sherwin-Williams Company (NYSE:SHW) stands against other Dow stocks. The Dow Jones Industrial Average is a benchmark index of the top 30 companies in the US. It represents the strength of the US economy and carries great historical significance as well. It also acts as a reference point for analysts and investors. However, not all stocks within this elite group of companies perform equally. While some thrive on innovation and economic boom, others struggle due to various setbacks and economic trends. We decided to break down the index and find out the best and worst stocks, looking at what was making them perform unexpectedly this year. In order to come up with our ranking of the best and worst Dow stocks, we first assigned a rank to each stock based on the number of hedge funds holding the stock. We then looked at the short interest in each stock and assigned the top rank to the company with the least short interest. We then combined the two ranks to see which stock was the best on average. The list is in ascending order, with the best stock taking the number one spot. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A close-up of a vibrant paint color being sprayed onto a wooden Interest as of Apr 30, 2025: 2.04% The Sherwin-Williams Company (NYSE:SHW) is the manufacturer, developer, distributor, and seller of coatings, paint, and related products. Citing potential weakness in the housing market, analysts at financial services firm Jefferies downgraded the company from Buy to Hold last month, lowering the price target from $423 to $380. SHW is expected to face headwinds in the first half of 2025. However, KeyBanc Securities' analyst Aleksey Yefremov anticipates SHW to gain in the latter half of 2025 on the back of the declining raw material costs. The stock surged 3% right after reporting better-than-expected Q1 earnings. Despite a total sales decline, the company managed to improve its earnings, driven by disciplined cost management and enhanced margins. The Sherwin-Williams Company (NYSE:SHW) also reiterated its full-year 2025 guidance regardless of economic and global supply chain uncertainties. It expects consolidated sales to grow by a low single-digit percentage. Adjusted full-year EPS is anticipated to be in the range of $11.65 to $12.05. CEO Heidi Petz minimized the potential tariff impact by highlighting: 'The largest portion of our revenue is in the United States, and the majority of our raw materials are sourced in the regions where we manufacture. This regional supply strategy helps shield the company from global trade disruptions and inflationary pressure stemming from tariffs.' Overall, SHW ranks 24th on our list of best and worst Dow stocks. While we acknowledge the potential of SHW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than SHW but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Print
01-05-2025
- Politics
- The Print
India, Pakistan snap up Trump allies as lobbyists in the US days after Pahalgam attack
'SHW's representation will encompass providing strategic counsel, tactical planning, and government relations assistance on policy matters before the U.S. Government, the U.S. congress, state governments, academic institutions, think tanks, and any other relevant stakeholders as required,' SHW's Registration Statement as a foreign agent filed to the US Department of Justice said. On 24 April, the Indian Embassy in Washington D.C. signed a contract worth $1.8 million for one year till 23 April, 2026, with SHW Partners LLC (SHW). The monthly fee per month is $150,000. The principal for SHW is Jason Miller, a former senior adviser to US President Donald J. Trump, who worked on all three of his presidential campaigns. New Delhi: India and Pakistan have both signed up former Trump allies as consultants, days after the terrorist attack in Jammu and Kashmir's Pahalgam. Ties between the two countries have remained tense as New Delhi has imposed punitive measures against Islamabad after announcing 'cross-border linkages' to the attack that claimed 26 lives. The registration of Miller as a foreign agent came two days after at least four gunmen wielding AK-47 rifles sprayed bullets at tourists near J&K's Pahalgam, which left 25 Indians and one foreign national dead. On 23 April India's Foreign Secretary Vikram Misri announced that the Cabinet Committee of Security (CCS) was made aware of the 'cross-border linkages' to the attack and accordingly took punitive measures against Pakistan, including holding the Indus Waters Treaty in abeyance. Other measures taken by India included expulsion of three defence advisers from Pakistan's High Commission in New Delhi and annulment of the posts, revocation of visas to Pakistani nationals, closure of Attari border and overall reduction of strength of staff at Islamabad's mission in India from 55 to 30. A day later, Pakistan reacted with its own measures, announcing that it 'shall exercise' the right to hold all bilateral agreements with India, including the Simla Agreement in abeyance, the closure of the Wagah border, the reduction of staff strength at India's mission in Islamabad to 30 from 55 and banning Indian flights from accessing Pakistani airspace. There has been consistent firing across the Line of Control (LoC), as tensions continue to build between the two South Asian neighbours. The US leadership including President Trump have come out strongly in support of India. US Secretary of State Marco Rubio said America 'stands with India', while Tulsi Gabbard, director of national intelligence, described the situation as an 'Islamist terrorist attack targeting Hindus'. More than 100 American members of Congress also shared messages of support over the Pahalgam attack. With New Delhi busy building a diplomatic case, which includes both Prime Minister Narendra Modi and External Affairs Minister S. Jaishankar speaking to their international counterparts, Pakistan has also stepped up its diplomatic outreach. Also Read: Pakistan-Turkey defence ties in spotlight post Pahalgam. How they've grown to be strategic allies Pakistan lobbies on J&K On 25 April, the Pakistani Embassy in the US signed a contract worth $50,000 a month for six months with Javelin Partners LLC (Javelin), which is headed by Keith Schiller, the former personal bodyguard of Trump and later director of security for the Trump Organisation, George Sorial, a former executive vice president and counsel for the Trump Organisation and Robert W. Seiden, the managing partner at Seiden Law. The registration of Schiller and Sorial as foreign agents for Pakistan is publicly available on the website of the US Department of Justice. Javelin will 'provide strategic and advisery services to establish long-term economic partnerships with the United States through collaborative efforts and a strong alliance with the private sector and the U.S. Government, specifically to facilitate the representation of the Islamic Republic of Pakistan,' according to its filing with the Department of Justice. The agreement with Javelin comes a couple of weeks after Seiden's law firm signed a contract with the Embassy of Pakistan in Washington on 8 April, 2025 to 'specifically promote the exploration and sale of rare earth/ critical minerals' with the White House and private sector in the US, its filing with the Department of Justice shows. The contract with Seiden Law is for $200,000 a month for six months. The scope of work under Seiden's contact includes ensuring 'that Pakistan's perspectives on important regional and global issues (Jammu and Kashmir dispute, Pakistan-India relations, situation in Afghanistan)' apart from Islamabad's ties with Beijing is 'effectively communicated' to the US administration, Congress and the think tank community. (Edited by Amrtansh Arora) Also Read: China is watching India's response to Pahalgam. And appreciates its strategic restraint
CNBC
30-04-2025
- Business
- CNBC
Wells Fargo upgrades Sherwin-Williams to overweight, cites limited headwinds from tariffs
Sherwin-Williams looks to be relatively tariff-proof, according to Wells Fargo. The bank upgraded shares of the paint and coatings manufacturer to an overweight rating from equal weight. Analyst Michael Sison's price target of $420, up from $350, corresponds to a potential upside of 21%. Shares of Sherwin-Williams have added 2.4% this year. SHW 1Y mountain SHW 1Y chart Sison pointed out that Sherwin-Williams should be strong enough to hedge against any potential tariff headwinds. "SHW noted in its release that given the majority of its revenue comes from the US (80% from the US, 2% from China), tariff impacts are likely limited to raw materials," he wrote. "However, the majority of raw materials are sourced from the regions in which the related products are manufactured. Thus, while SHW does plan to update guidance with results in July, tariffs are unlikely to have a significant impact as it stands." As another reason for the upgrade, Sison pointed to Sherwin-William's strong fundamental backdrop, including its "exceptional execution" that continues to drive earnings growth. The company's strong pricing has also continued to raise its paint stores margin growth. "We upgrade SHW to OW based on consistent above-market growth despite a challenging macro. We are encouraged by SHW's share gains, new account wins, and efficiency/cost improvements across its segments, and believe these actions position the company as the premier name to own for a housing recovery," he wrote. Another catalyst comes in the form of the company's mid-February announcement to acquire a Brazilian decorative paints business from BASF for $1.15 billion in cash. The deal is expected to close in the latter half of this year.
