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Sherwin-Williams, Valero Energy And More On CNBC's 'Final Trades'

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Sherwin-Williams, Valero Energy And More On CNBC's 'Final Trades'

On CNBC’s "Halftime Report Final Trades," Karen Firestone of Aureus Asset Management named The Sherwin-Williams Company (NYSE: SHW) as her final trade.

On Jan. 25, Sherwin-Williams reported fourth-quarter revenue of $5.252 billion, beating the consensus of $5.220 billion. Sales grew 0.4% year over year.

The Cleveland-based company reported adjusted EPS of $1.81, beating the analyst consensus of $1.80. Sherwin-Williams said it expects FY24 adjusted EPS of $10.85-$11.35, versus analyst consensus of $11.33, according to data from Benzinga Pro.

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Shannon Saccocia of Boston Private picked iShares U.S. Real Estate ETF (NYSE: IYR).

Joseph Terranova of Virtus Investment Partners named Valero Energy Corporation (NYSE: VLO) as his final trade.

On Jan. 25, Valero Energy reported fourth-quarter revenue of $35.41 billion, which missed the consensus of $35.69 billion. Adjusted EPS was $3.55, beating the consensus of $2.95, as per Benzinga Pro. On Jan. 18, the Board of Directors approved an increase in the regular quarterly cash dividend per share to $1.07 from $1.02, payable on March 4, 2024, to shareholders of record as of Feb. 1, 2024.

Price Action:

  • Sherwin-Williams shares fell 1.7% to close at $336.81 on Wednesday.
  • iShares U.S. Real Estate ETF fell 0.5% during Wednesday’s session.
  • Valero Energy shares rose 5.2% to settle at $158.63 on Wednesday.

Check This Out: Top 4 Financial Stocks That May Collapse This Quarter

Image: Pixabay

 

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