BG Investment Services LLC Makes New Investment in The Sherwin-Williams Company $SHW

Key Points

• BG Investment Services initiated a position in Sherwin-Williams during the third quarter, purchasing 4,131 shares valued at approximately $1.34 million. Institutional investors and hedge funds own 77.67% of the company.
• Analysts maintain a generally positive outlook, with Sherwin-Williams carrying a consensus “Moderate Buy” rating and an average price target of $382.08, above its reported share price of $336.93.
• Sherwin-Williams exceeded quarterly earnings and revenue expectations, reporting $3.70 in EPS and $6.79 billion in revenue. The company also declared a quarterly dividend of $0.80 per share, equivalent to a 0.9% annual yield.

BG Investment Services LLC bought a new position in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 4,131 shares of the specialty chemicals company's stock, valued at approximately $1,335,000.

Several other large investors also recently modified their holdings of the stock. Wilkerson Advisory Group LLC boosted its position in shares of Sherwin-Williams by 172.4% during 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 in the last quarter. GK Wealth Management LLC acquired a new position in Sherwin-Williams during the third quarter valued at approximately $25,000. Whipplewood Advisors LLC acquired a new position in Sherwin-Williams during the first quarter valued at approximately $28,000. Montgomery Financial Services LLC bought a new stake in Sherwin-Williams during the second quarter worth $29,000. Finally, Tacita Capital Inc bought a new stake in Sherwin-Williams during the second quarter worth $30,000. 77.67% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Sherwin-Williams news, insider Justin Binns sold 13,500 shares of the firm's stock in a transaction on Monday, August 17th. The shares were sold at an average price of $352.70, for a total value of $4,761,450.00. Following the transaction, the insider directly owned 21,937 shares of the company's stock, valued at approximately $7,737,179.90. This trade represents a 38.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Karl J. Jorgenrud sold 7,886 shares of Sherwin-Williams stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $368.30, for a total transaction of $2,904,413.80. Following the transaction, the insider owned 11,944 shares of the company's stock, valued at $4,398,975.20. This represents a 39.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.23% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on SHW shares. Argus raised their target price on Sherwin-Williams from $355.00 to $380.00 in a report on Thursday, August 27th. Morgan Stanley reissued an "overweight" rating and set a $395.00 price target (up from $385.00) on shares of Sherwin-Williams in a report on Wednesday, July 29th. UBS Group set a $363.00 price objective on Sherwin-Williams and gave the stock a "neutral" rating in a research report on Monday, October 5th. Rothschild & Co Redburn upped their price objective on Sherwin-Williams from $410.00 to $420.00 and gave the stock a "buy" rating in a research report on Tuesday, August 18th. Finally, Mizuho set a $396.00 price objective on Sherwin-Williams and gave the company an "outperform" rating in a research note on Thursday, September 24th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, Sherwin-Williams currently has a consensus rating of "Moderate Buy" and an average price target of $382.08.

Sherwin-Williams Stock Down 2.5%

Shares of SHW opened at $336.93 on Friday. The company has a market capitalization of $81.79 billion, a PE ratio of 31.05, a PEG ratio of 2.63 and a beta of 1.08. The Sherwin-Williams Company has a 12 month low of $289.86 and a 12 month high of $377.77. The stock's 50-day moving average price is $331.09 and its two-hundred day moving average price is $328.96. The company has a current ratio of 0.73, a quick ratio of 0.46 and a debt-to-equity ratio of 2.16.

Sherwin-Williams (NYSE:SHW - Get Free Report) last released 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. Sherwin-Williams had a net margin of 11.01% and a return on equity of 67.97%. The business had revenue of $6.79 billion during the quarter, compared to the consensus estimate of $6.60 billion. During the same quarter in the prior year, the firm posted $3.38 EPS. The company's revenue for the quarter was up 7.5% compared to the same quarter last year. 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 12.07 EPS for the current year.

Sherwin-Williams Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Friday, November 13th will be given a $0.80 dividend. The ex-dividend date of this dividend is Friday, November 13th. This represents a $3.20 annualized dividend and a yield of 0.9%. Sherwin-Williams's dividend payout ratio (DPR) is presently 29.49%.

Sherwin-Williams Profile

The Sherwin-Williams Company NYSE: SHW develops, manufactures, distributes and sells paints, coatings and related products. Its offerings include architectural paints, industrial coatings, wood finishes, protective coatings, automotive refinishing products, floor coatings and related supplies marketed under brands such as Sherwin-Williams, Valspar, Minwax, Krylon and Dutch Boy.

Founded in 1866 and headquartered in Cleveland, Ohio, Sherwin-Williams serves professional contractors, do-it-yourself consumers, industrial manufacturers, commercial businesses and other customers.

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