10,392 Shares in The Sherwin-Williams Company $SHW Bought by MidFirst Bank

Key Points

• MidFirst Bank acquired 10,392 Sherwin-Williams shares during the second quarter, valued at approximately $3.58 million. Institutional investors collectively own 77.67% of the company.
• Sherwin-Williams reported quarterly EPS of $3.70, exceeding estimates of $3.52, while revenue rose 7.5% year over year to $6.79 billion. The company guided to fiscal 2026 EPS of $11.80–$12.20.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $385.44 price target; the company also declared a quarterly dividend of $0.80 per share.

MidFirst Bank bought a new stake in The Sherwin-Williams Company (NYSE:SHW - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,392 shares of the specialty chemicals company's stock, valued at approximately $3,578,000.

Several other institutional investors have also recently modified their holdings of SHW. Wilkerson Advisory Group LLC grew its position in Sherwin-Williams by 172.4% during the first quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company's stock valued at $25,000 after acquiring an additional 50 shares during the last quarter. Ares Financial Consulting LLC purchased a new stake in shares of Sherwin-Williams in the 4th quarter valued at $27,000. Lloyd Advisory Services LLC. purchased a new stake in shares of Sherwin-Williams in the 4th quarter valued at $27,000. Whipplewood Advisors LLC bought a new position in shares of Sherwin-Williams during the 1st quarter valued at $28,000. Finally, Kemnay Advisory Services Inc. purchased a new position in Sherwin-Williams in the 4th quarter worth $30,000. 77.67% of the stock is currently owned by institutional investors.

Sherwin-Williams Stock Performance

Shares of SHW stock opened at $349.57 on Tuesday. The firm has a market capitalization of $84.86 billion, a price-to-earnings ratio of 32.22, a PEG ratio of 2.68 and a beta of 1.10. The stock has a fifty day moving average of $337.29 and a 200 day moving average of $332.81. The Sherwin-Williams Company has a 52 week low of $289.86 and a 52 week high of $379.65. The company has a quick ratio of 0.46, a current ratio of 0.73 and a debt-to-equity ratio of 2.16.

Sherwin-Williams (NYSE:SHW - Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The specialty chemicals company reported $3.70 EPS for the quarter, topping the consensus estimate of $3.52 by $0.18. The business had revenue of $6.79 billion during the quarter, compared to analyst estimates of $6.60 billion. Sherwin-Williams had a net margin of 11.01% and a return on equity of 67.97%. Sherwin-Williams's quarterly revenue was up 7.5% compared to the same quarter last year. During the same period last year, the business posted $3.38 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. As a group, research analysts expect that The Sherwin-Williams Company will post 12.08 earnings per share for the current year.

Sherwin-Williams Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 21st will be paid a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, August 21st. Sherwin-Williams's dividend payout ratio is currently 29.49%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. JPMorgan Chase & Co. boosted their price target on shares of Sherwin-Williams from $365.00 to $380.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 29th. Berenberg Bank set a $380.00 price objective on Sherwin-Williams in a report on Monday, June 8th. Evercore reissued an "outperform" rating on shares of Sherwin-Williams in a research note on Friday, May 8th. Citigroup restated a "buy" rating on shares of Sherwin-Williams in a report on Wednesday, July 29th. Finally, Weiss Ratings upgraded Sherwin-Williams from a "hold (c)" rating to a "hold (c+)" rating in a research report on Friday, July 31st. Nine analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $385.44.

Insider Transactions at Sherwin-Williams

In other news, insider Karl J. Jorgenrud sold 7,886 shares of the business's stock in a transaction on Friday, August 7th. The stock was sold at an average price of $368.30, for a total value of $2,904,413.80. Following the completion of the transaction, the insider owned 11,944 shares in the company, valued at $4,398,975.20. The trade was a 39.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.23% of the company's stock.

Sherwin-Williams Profile

Sherwin-Williams NYSE: SHW is a global manufacturer and distributor of paints, coatings and related products. Founded in 1866 and headquartered in Cleveland, Ohio, the company supplies a broad range of coatings for residential, commercial and industrial applications. Its product offering includes architectural paints and stains, industrial and protective coatings, automotive finishes, and a variety of sundry products such as primers, sealants and specialty treatments used by professionals and consumers.

The company sells through multiple channels, including a large network of company-operated retail paint stores that serve professional contractors and do-it-yourself consumers, as well as through distributors and mass retailers.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source