AMG National Trust Bank Makes New $2.51 Million Investment in The Sherwin-Williams Company $SHW

AMG National Trust Bank acquired a new stake in The Sherwin-Williams Company (NYSE:SHW - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 7,290 shares of the specialty chemicals company's stock, valued at approximately $2,510,000.

A number of other institutional investors have also made changes to their positions in SHW. Wilkerson Advisory Group LLC boosted its position in Sherwin-Williams by 172.4% in the 1st quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company's stock valued at $25,000 after buying an additional 50 shares during the last quarter. Lloyd Advisory Services LLC. purchased a new stake in shares of Sherwin-Williams during the fourth quarter worth about $27,000. Ares Financial Consulting LLC acquired a new position in shares of Sherwin-Williams in the fourth quarter worth about $27,000. Whipplewood Advisors LLC acquired a new position in shares of Sherwin-Williams in the first quarter worth about $28,000. Finally, Eastern Bank boosted its holdings in Sherwin-Williams by 50.8% in the second 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 last quarter. 77.67% of the stock is owned by institutional investors and hedge funds.

Sherwin-Williams Trading Down 0.2%

Shares of NYSE SHW opened at $358.40 on Monday. The company has a quick ratio of 0.46, a current ratio of 0.73 and a debt-to-equity ratio of 2.16. The stock's 50 day moving average price is $336.29 and its two-hundred day moving average price is $332.78. The Sherwin-Williams Company has a 52-week low of $289.86 and a 52-week high of $379.65. The stock has a market capitalization of $87.01 billion, a P/E ratio of 33.03, a PEG ratio of 2.68 and a beta of 1.10.

Sherwin-Williams (NYSE:SHW - Get Free Report) last issued its earnings results 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. Sherwin-Williams had a return on equity of 67.97% and a net margin of 11.01%.The company had revenue of $6.79 billion during the quarter, compared to analyst estimates of $6.60 billion. During the same quarter last year, the firm earned $3.38 EPS. The business's revenue was up 7.5% on a year-over-year basis. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. On average, analysts anticipate that The Sherwin-Williams Company will post 12.08 earnings per share for the current fiscal year.

Sherwin-Williams Announces Dividend

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

Insider Buying and Selling at Sherwin-Williams

In other news, insider Karl J. Jorgenrud sold 7,886 shares of the firm's stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $368.30, for a total value of $2,904,413.80. Following the transaction, the insider directly owned 11,944 shares in the company, valued at approximately $4,398,975.20. This trade represents a 39.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.23% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. The Goldman Sachs Group set a $420.00 price objective on Sherwin-Williams in a research note on Wednesday, July 29th. UBS Group reaffirmed a "neutral" rating and issued a $390.00 target price on shares of Sherwin-Williams in a research report on Wednesday, July 29th. Guggenheim started coverage on Sherwin-Williams in a research note on Monday, August 3rd. They set a "buy" rating and a $400.00 target price for the company. Berenberg Bank set a $380.00 price target on shares of Sherwin-Williams in a research report on Monday, June 8th. Finally, Bank of America dropped their price target on shares of Sherwin-Williams from $370.00 to $365.00 and set a "neutral" rating for the company in a research note on Tuesday, April 21st. Nine equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, Sherwin-Williams presently has an average rating of "Moderate Buy" and an average target price of $385.44.

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.

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