Sherwin-Williams (NYSE:SHW) Stock Sale Revealed by Rep. Rick W. Allen

Key Points

• Rep. Rick W. Allen disclosed selling $1,001–$15,000 of Sherwin-Williams shares on October 9, with the trade reported November 11.
• Sherwin-Williams reported quarterly EPS of $3.63, below the $3.69 consensus, while revenue of $6.86 billion topped estimates and rose 7.9% year over year.
• Analysts’ consensus rating was Moderate Buy, with an average price target of $377.29. The company also announced a quarterly dividend of $0.80 per share.

Representative Rick W. Allen (Republican-Georgia) recently sold shares of The Sherwin-Williams Company (NYSE:SHW). In a filing disclosed on November 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in Sherwin-Williams stock on October 9th. The trade occurred in the Representative's "R.W. ALLEN & ASSOCIATES, INC. > RWA&A - SECURITIES" account.

Representative Rick W. Allen also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of AutoZone NYSE: AZO on 9/22/2026.
• Sold $1,001 - $15,000 in shares of Costco Wholesale NASDAQ: COST on 9/18/2026.

Sherwin-Williams Trading Down 1.4%

Shares of SHW stock opened at $350.81 on Friday. The firm has a market capitalization of $84.75 billion, a P/E ratio of 29.87, a price-to-earnings-growth ratio of 2.96 and a beta of 1.05. The Sherwin-Williams Company has a 1 year low of $289.86 and a 1 year high of $377.77. The firm's fifty day simple moving average is $331.16 and its 200 day simple moving average is $333.11. The company has a current ratio of 0.71, a quick ratio of 0.45 and a debt-to-equity ratio of 2.00.

Sherwin-Williams (NYSE:SHW - Get Free Report) last issued its quarterly earnings results on Tuesday, October 27th. The specialty chemicals company reported $3.63 earnings per share for the quarter, missing analysts' consensus estimates of $3.69 by ($0.06). The company had revenue of $6.86 billion during the quarter, compared to the consensus estimate of $6.78 billion. Sherwin-Williams had a net margin of 10.74% and a return on equity of 69.51%. Sherwin-Williams's revenue for the quarter was up 7.9% on a year-over-year basis. During the same period last year, the company earned $3.59 earnings per share. As a group, sell-side analysts predict that The Sherwin-Williams Company will post 12.02 EPS for the current year.

Sherwin-Williams Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Friday, November 13th will be given a dividend of $0.80 per share. The ex-dividend date of this dividend is Friday, November 13th. This represents a $3.20 dividend on an annualized basis and a yield of 0.9%. Sherwin-Williams's payout ratio is 29.41%.

Insider Transactions at Sherwin-Williams

In other Sherwin-Williams news, SVP Mary Garceau sold 3,891 shares of the stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $350.42, for a total transaction of $1,363,484.22. Following the completion of the transaction, the senior vice president directly owned 31,466 shares in the company, valued at $11,026,315.72. This represents a 11.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Bryan Young sold 1,314 shares of Sherwin-Williams stock in a transaction on Tuesday, November 3rd. The shares were sold at an average price of $345.71, for a total value of $454,262.94. Following the transaction, the senior vice president directly owned 10,045 shares of the company's stock, valued at approximately $3,472,656.95. The trade was a 11.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 22,315 shares of company stock valued at $7,848,071. 0.23% of the stock is owned by insiders.

Wall Street Analyst Weigh In

SHW has been the subject of a number of research analyst reports. Deutsche Bank upped their price objective on shares of Sherwin-Williams from $355.00 to $375.00 and gave the company a "hold" rating in a research report on Wednesday, July 29th. DA Davidson set a $390.00 target price on Sherwin-Williams and gave the stock a "buy" rating in a research report on Wednesday, October 28th. BMO Capital Markets reissued an "outperform" rating on shares of Sherwin-Williams in a research report on Monday, September 28th. JPMorgan Chase & Co. lowered their price target on Sherwin-Williams from $380.00 to $375.00 and set an "overweight" rating on the stock in a research note on Wednesday, October 28th. Finally, Jefferies Financial Group reaffirmed a "hold" rating and issued a $353.00 price target on shares of Sherwin-Williams in a report on Tuesday, October 27th. Fifteen research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $377.29.

Institutional Investors Weigh In On Sherwin-Williams

Several institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. bought a new position in shares of Sherwin-Williams during the 2nd quarter worth about $6,100,083,000. Wellington Management Group LLP lifted its stake in Sherwin-Williams by 133.7% during the second quarter. Wellington Management Group LLP now owns 2,784,679 shares of the specialty chemicals company's stock worth $958,821,000 after purchasing an additional 1,593,009 shares during the period. Bank of New York Mellon Corp bought a new position in Sherwin-Williams during the second quarter worth about $547,097,000. Legal & General Group Plc acquired a new stake in Sherwin-Williams during the second quarter valued at approximately $459,652,000. Finally, Bank of America Corp DE acquired a new stake in Sherwin-Williams during the second quarter valued at approximately $412,339,000. Institutional investors own 77.67% of the company's stock.

About Representative Allen

Rick Allen (Republican Party) is a member of the U.S. House, representing Georgia's 12th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Allen (Republican Party) ran for re-election to the U.S. House to represent Georgia's 12th Congressional District. He won in the general election on November 5, 2024. Allen was born in Augusta, Georgia, in 1951. He attended Auburn University in Alabama, graduating in 1973 with a B.S. in building construction. After earning his degree, Allen worked as an estimator, project administrator and assistant to the president with a construction firm in Augusta. In 1976, he founded his own construction business, R. W. Allen & Associates, Inc. The company operates in six states across the country. In 2008, Allen was presented with the Augusta Metro Chamber of Commerce’s Small Business Person of the Year award.

About Sherwin-Williams

The Sherwin-Williams Company is a global manufacturer, retailer and distributor of paints and coatings. Founded in 1866 and headquartered in Cleveland, Ohio, the company serves customers through company-operated paint stores, home improvement retailers, distributors and other channels. Its products include paints, stains and related supplies for homes and commercial buildings, as well as coatings for industrial, automotive, protective and marine applications. The company markets products under brands including Sherwin-Williams and Valspar.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.