6,494 The Sherwin-Williams Company $SHW Shares Sold by Confluence Investment Management LLC

Key Points

• Confluence Investment Management reduced its Sherwin-Williams stake by 10.4%, selling 6,494 shares and retaining 55,762 shares valued at approximately $18.0 million. Institutional investors collectively own 77.67% of SHW.
• Sherwin-Williams shares fell 1.1% to $319.73, while the company’s latest quarterly results exceeded expectations with earnings of $3.70 per share and revenue of $6.79 billion. The company also maintains a quarterly dividend of $0.80, equivalent to a 1.0% annual yield.
• Analysts remain moderately positive, with a consensus rating of “Moderate Buy” and an average price target of $387.47, although Citigroup recently lowered its target to $400 from $415. The company is also expanding manufacturing capacity in North Carolina, potentially supporting future growth and efficiency.

Confluence Investment Management LLC lowered its stake in The Sherwin-Williams Company (NYSE:SHW - Free Report) by 10.4% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 55,762 shares of the specialty chemicals company's stock after selling 6,494 shares during the period. Confluence Investment Management LLC's holdings in Sherwin-Williams were worth $18,026,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Wilkerson Advisory Group LLC grew its holdings in shares of Sherwin-Williams by 172.4% in the 1st quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company's stock worth $25,000 after acquiring an additional 50 shares during the last quarter. Montgomery Financial Services LLC purchased a new stake in shares of Sherwin-Williams during the second quarter valued at $29,000. Whipplewood Advisors LLC purchased a new stake in shares of Sherwin-Williams during the first quarter valued at $28,000. Tacita Capital Inc acquired a new position in shares of Sherwin-Williams in the 2nd quarter valued at $30,000. Finally, Eastern Bank boosted its position in shares of Sherwin-Williams by 50.8% in the 2nd quarter. Eastern Bank now owns 89 shares of the specialty chemicals company's stock valued at $31,000 after purchasing an additional 30 shares during the period. Institutional investors and hedge funds own 77.67% of the company's stock.

Sherwin-Williams Stock Down 1.1%

NYSE SHW traded down $3.54 during trading on Thursday, reaching $319.73. 608,847 shares of the company's stock were exchanged, compared to its average volume of 1,962,375. The Sherwin-Williams Company has a fifty-two week low of $289.86 and a fifty-two week high of $377.77. The firm has a market capitalization of $77.62 billion, a PE ratio of 29.43, a P/E/G ratio of 2.46 and a beta of 1.09. The company has a current ratio of 0.73, a quick ratio of 0.46 and a debt-to-equity ratio of 2.16. The company's fifty day simple moving average is $339.08 and its 200-day simple moving average is $327.81.

Sherwin-Williams (NYSE:SHW - Get Free Report) last issued its earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share for the quarter, beating analysts' consensus estimates of $3.52 by $0.18. The company had revenue of $6.79 billion for the quarter, compared to the consensus estimate of $6.60 billion. Sherwin-Williams had a return on equity of 67.97% and a net margin of 11.01%.The firm's quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.38 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. Sell-side analysts predict that The Sherwin-Williams Company will post 12.09 EPS for the current year.

Sherwin-Williams Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 11th. Shareholders of record on Friday, August 21st were given a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Friday, August 21st. Sherwin-Williams's dividend payout ratio is presently 29.49%.

Insider Activity

In other news, insider Karl Jorgenrud sold 7,886 shares of Sherwin-Williams stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $368.30, for a total transaction of $2,904,413.80. Following the completion of the sale, the insider directly owned 11,944 shares in the company, valued at $4,398,975.20. The trade was a 39.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Justin T. Binns sold 13,500 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $352.70, for a total value of $4,761,450.00. Following the completion of the transaction, the insider owned 21,937 shares in the company, valued at $7,737,179.90. This represents a 38.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.23% of the stock is owned by insiders.

Key Headlines Impacting Sherwin-Williams

Here are the key news stories impacting Sherwin-Williams this week:

• Positive Sentiment: Sherwin-Williams celebrated the opening of its expanded Statesville, North Carolina, architectural coatings facility. The investment makes the plant the company’s largest in North America and is expected to increase manufacturing capacity, automation and distribution efficiency, while improving supply-chain responsiveness and customer service. Sherwin-Williams Statesville facility announcement
• Positive Sentiment: The facility expansion could support future volume growth and operating efficiency, although the financial benefit is likely to emerge gradually rather than immediately. Sherwin-Williams expands Statesville manufacturing capacity
• Neutral Sentiment: Sherwin-Williams will release third-quarter 2026 results before the market opens on October 27. Investors will likely focus on demand trends, margins, the contribution from capacity investments and whether full-year earnings guidance remains achievable. Sherwin-Williams third-quarter 2026 earnings date
• Negative Sentiment: Citigroup lowered its price target for SHW to $400 from $415, although it maintained a Buy rating. The reduction may temper upside expectations even though the revised target remains above the current trading level. Citigroup lowers Sherwin-Williams price target
• Negative Sentiment: The company reportedly secured a $750 million term loan. While the financing may support capital investment, it also adds to Sherwin-Williams’ debt burden and could heighten investor concerns about leverage. Sherwin-Williams secures $750 million term loan

Analyst Ratings Changes

Several analysts have issued reports on the company. KeyCorp initiated coverage on Sherwin-Williams in a report on Thursday, September 10th. They set a "sector weight" rating on the stock. Citigroup reissued a "buy" rating on shares of Sherwin-Williams in a research report on Wednesday, July 29th. Berenberg Bank set a $380.00 price target on shares of Sherwin-Williams in a report on Monday, June 8th. Royal Bank Of Canada restated an "outperform" rating and issued a $420.00 price target on shares of Sherwin-Williams in a research report on Tuesday, September 22nd. Finally, Morgan Stanley reaffirmed an "overweight" rating and issued a $395.00 price objective (up from $385.00) on shares of Sherwin-Williams in a research note on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $387.47.

Sherwin-Williams Profile

The Sherwin-Williams Company NYSE: SHW manufactures, distributes and sells paints, coatings, floorcoverings and related products. Its offerings serve residential, commercial, industrial, automotive and specialty applications, including architectural paints, protective and marine coatings, industrial finishes, automotive refinishing products, wood stains and surface-preparation materials.

Founded in 1866 by Henry Sherwin and Edward Williams, the company is headquartered in Cleveland, Ohio.

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