California State Teachers Retirement System Increases Holdings in The Sherwin-Williams Company $SHW

Key Points

• California State Teachers Retirement System increased its Sherwin-Williams stake by 33,736.2% in the second quarter, acquiring 132.9 million additional shares and bringing its ownership to approximately 54.89%. Institutional investors collectively own 77.67% of the company.
• Sherwin-Williams exceeded quarterly expectations, reporting $3.70 in EPS versus the $3.52 consensus and $6.79 billion in revenue, up 7.5% year over year. The company issued fiscal 2026 EPS guidance of $11.80–$12.20.
• The company declared a quarterly dividend of $0.80 per share, equivalent to a 1.0% yield, while analysts maintained a consensus “Moderate Buy” rating with an average price target of $386.29.

California State Teachers Retirement System boosted its stake in The Sherwin-Williams Company (NYSE:SHW - Free Report) by 33,736.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 133,250,118 shares of the specialty chemicals company's stock after purchasing an additional 132,856,309 shares during the period. California State Teachers Retirement System owned approximately 54.89% of Sherwin-Williams worth $45,880,681,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Sapient Capital LLC grew its stake in shares of Sherwin-Williams by 0.3% in the fourth quarter. Sapient Capital LLC now owns 9,176 shares of the specialty chemicals company's stock valued at $2,993,000 after buying an additional 30 shares in the last quarter. Eastern Bank lifted its position in Sherwin-Williams by 50.8% during the 2nd quarter. Eastern Bank now owns 89 shares of the specialty chemicals company's stock worth $31,000 after acquiring an additional 30 shares in the last quarter. Deseret Mutual Benefit Administrators boosted its holdings in Sherwin-Williams by 6.2% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 527 shares of the specialty chemicals company's stock worth $171,000 after acquiring an additional 31 shares during the period. Heartland Bank & Trust Co boosted its holdings in Sherwin-Williams by 2.8% in the 1st quarter. Heartland Bank & Trust Co now owns 1,174 shares of the specialty chemicals company's stock worth $376,000 after acquiring an additional 32 shares during the period. Finally, Physician Wealth Advisors Inc. grew its position in Sherwin-Williams by 8.5% in the first quarter. Physician Wealth Advisors Inc. now owns 432 shares of the specialty chemicals company's stock valued at $138,000 after acquiring an additional 34 shares in the last quarter. 77.67% of the stock is owned by hedge funds and other institutional investors.

Sherwin-Williams Stock Performance

Sherwin-Williams stock opened at $333.51 on Monday. The Sherwin-Williams Company has a 52 week low of $289.86 and a 52 week high of $377.77. 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 stock has a market cap of $80.96 billion, a P/E ratio of 30.74, a price-to-earnings-growth ratio of 2.49 and a beta of 1.09. The stock has a 50 day moving average of $343.07 and a 200-day moving average of $330.88.

Sherwin-Williams (NYSE:SHW - Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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%. The business's revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.38 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. On average, analysts expect that The Sherwin-Williams Company will post 12.08 EPS for the current fiscal year.

Sherwin-Williams Announces Dividend

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

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on SHW. JPMorgan Chase & Co. upped their target price on shares of Sherwin-Williams from $365.00 to $380.00 and gave the company an "overweight" rating in a research note on Wednesday, July 29th. UBS Group reaffirmed a "neutral" rating and set a $390.00 price target on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Berenberg Bank set a $380.00 price objective on shares of Sherwin-Williams in a report on Monday, June 8th. Jefferies Financial Group reissued a "hold" rating and issued a $375.00 price objective on shares of Sherwin-Williams in a research report on Tuesday, July 28th. Finally, The Goldman Sachs Group set a $420.00 target price on Sherwin-Williams in a research note on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $386.29.

Insider Transactions at Sherwin-Williams

In related 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 value of $2,904,413.80. Following the completion of 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Justin T. Binns sold 13,500 shares of the business's stock in a transaction dated 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 completion of the sale, the insider directly owned 21,937 shares of the company's stock, valued at approximately $7,737,179.90. This represents a 38.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.23% of the company's stock.

About Sherwin-Williams

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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