Blair William & Co. IL Sells 1,213 Shares of The Sherwin-Williams Company $SHW

Key Points

• Blair William & Co. IL reduced its stake in The Sherwin-Williams Company by 3.0%, now owning 39,874 shares valued at approximately $13.69 million.
• Insider transactions indicate **decreases in ownership** by key executives, with notable sales amounting to over $525,000 in total.
• Sherwin-Williams reported a **miss in earnings** per share for the last quarter at $3.38, falling short of estimates and is forecasting an EPS guidance range for FY 2025.

Blair William & Co. IL lessened its holdings in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) by 3.0% in the second quarter, according to its most recent filing with the SEC. The firm owned 39,874 shares of the specialty chemicals company's stock after selling 1,213 shares during the period. Blair William & Co. IL's holdings in Sherwin-Williams were worth $13,691,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Valley National Advisers Inc. grew its holdings in Sherwin-Williams by 68.0% during the 2nd quarter. Valley National Advisers Inc. now owns 84 shares of the specialty chemicals company's stock worth $28,000 after acquiring an additional 34 shares during the period. Synergy Investment Management LLC grew its holdings in Sherwin-Williams by 583.3% during the 1st quarter. Synergy Investment Management LLC now owns 82 shares of the specialty chemicals company's stock worth $29,000 after acquiring an additional 70 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new stake in Sherwin-Williams during the 1st quarter worth $30,000. Saudi Central Bank acquired a new stake in Sherwin-Williams during the 1st quarter worth $33,000. Finally, Flaharty Asset Management LLC acquired a new stake in Sherwin-Williams during the 1st quarter worth $33,000. Institutional investors and hedge funds own 77.67% of the company's stock.

Insider Transactions at Sherwin-Williams

In other news, insider Justin T. Binns sold 609 shares of the stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $368.82, for a total transaction of $224,611.38. Following the completion of the transaction, the insider directly owned 17,922 shares in the company, valued at $6,609,992.04. This represents a 3.29% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO James P. Lang sold 860 shares of the stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $350.35, for a total transaction of $301,301.00. Following the transaction, the chief accounting officer owned 377 shares of the company's stock, valued at approximately $132,081.95. This represents a 69.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.60% of the company's stock.

Sherwin-Williams Price Performance

Shares of NYSE SHW opened at $332.51 on Friday. The firm has a market cap of $82.90 billion, a PE ratio of 32.99, a PEG ratio of 2.77 and a beta of 1.20. The company has a current ratio of 0.78, a quick ratio of 0.48 and a debt-to-equity ratio of 1.78. The Sherwin-Williams Company has a 1-year low of $308.84 and a 1-year high of $400.42. The company has a fifty day moving average price of $355.02 and a 200 day moving average price of $348.40.

Sherwin-Williams (NYSE:SHW - Get Free Report) last announced its earnings results on Tuesday, July 22nd. The specialty chemicals company reported $3.38 earnings per share for the quarter, missing analysts' consensus estimates of $3.76 by ($0.38). The company had revenue of $6.31 billion during the quarter, compared to analyst estimates of $6.31 billion. Sherwin-Williams had a return on equity of 66.91% and a net margin of 11.03%.Sherwin-Williams's revenue for the quarter was up .6% on a year-over-year basis. During the same period in the previous year, the company posted $3.70 earnings per share. Sherwin-Williams has set its FY 2025 guidance at 11.200-11.500 EPS. Research analysts predict that The Sherwin-Williams Company will post 12 earnings per share for the current fiscal year.

Sherwin-Williams Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Friday, August 15th were paid a dividend of $0.79 per share. This represents a $3.16 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Friday, August 15th. Sherwin-Williams's dividend payout ratio is currently 31.35%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on SHW shares. BMO Capital Markets decreased their price target on shares of Sherwin-Williams from $405.00 to $391.00 and set an "outperform" rating for the company in a report on Wednesday, July 23rd. Evercore ISI boosted their price target on shares of Sherwin-Williams from $380.00 to $400.00 and gave the company an "outperform" rating in a report on Tuesday, August 26th. Loop Capital decreased their price target on shares of Sherwin-Williams from $395.00 to $380.00 and set a "buy" rating for the company in a report on Wednesday, July 23rd. Wells Fargo & Company set a $395.00 price target on shares of Sherwin-Williams and gave the company an "overweight" rating in a report on Friday. Finally, Weiss Ratings reissued a "buy (b-)" rating on shares of Sherwin-Williams in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $387.60.

Sherwin-Williams Profile

The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coating, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: Paint Stores Group, Consumer Brands Group, and Performance Coatings Group.

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