Deutsche Bank AG bought a new position in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 657,521 shares of the specialty chemicals company's stock, valued at approximately $226,398,000. Deutsche Bank AG owned 0.27% of Sherwin-Williams at the end of the most recent quarter.
A number of other large investors have also modified their holdings of the business. Norges Bank purchased a new stake in shares of Sherwin-Williams in the fourth quarter valued at approximately $1,089,450,000. Bank of New York Mellon Corp purchased a new position in Sherwin-Williams in the second quarter worth $547,097,000. Viking Global Investors LP lifted its holdings in Sherwin-Williams by 101.4% in the second quarter. Viking Global Investors LP now owns 1,957,750 shares of the specialty chemicals company's stock valued at $672,213,000 after acquiring an additional 985,520 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Sherwin-Williams in the second quarter valued at $297,600,000. Finally, Balyasny Asset Management L.P. boosted its position in shares of Sherwin-Williams by 53,827.1% during the 4th quarter. Balyasny Asset Management L.P. now owns 662,225 shares of the specialty chemicals company's stock worth $214,581,000 after purchasing an additional 660,997 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 $345.62 on Wednesday. The company has a debt-to-equity ratio of 2.16, a quick ratio of 0.46 and a current ratio of 0.73. The stock has a fifty day moving average of $337.99 and a two-hundred day moving average of $332.78. The company has a market capitalization of $83.90 billion, a price-to-earnings ratio of 31.85, a PEG ratio of 2.68 and a beta of 1.10. The Sherwin-Williams Company has a fifty-two week low of $289.86 and a fifty-two week high of $379.65.
Sherwin-Williams (NYSE:SHW - Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share (EPS) for the quarter, beating 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 business had revenue of $6.79 billion for the quarter, compared to the consensus estimate of $6.60 billion. During the same period in the prior year, the business earned $3.38 earnings per share. 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 EPS for the current fiscal year.
Sherwin-Williams Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 21st will be paid a $0.80 dividend. The ex-dividend date of this dividend is Friday, August 21st. This represents a $3.20 annualized dividend and a yield of 0.9%. Sherwin-Williams's payout ratio is presently 29.49%.
Analysts Set New Price Targets
A number of research firms have recently weighed in on SHW. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $405.00 price target (up from $391.00) on shares of Sherwin-Williams in a research note on Wednesday, July 8th. Weiss Ratings upgraded shares of Sherwin-Williams from a "hold (c)" rating to a "hold (c+)" rating in a research note on Friday, July 31st. UBS Group reissued a "neutral" rating and set a $390.00 price objective on shares of Sherwin-Williams in a report on Wednesday, July 29th. Jefferies Financial Group restated a "hold" rating and set a $375.00 target price on shares of Sherwin-Williams in a research report on Tuesday, July 28th. Finally, BMO Capital Markets reaffirmed an "outperform" rating and issued a $405.00 target price (up from $400.00) on shares of Sherwin-Williams in a report on Wednesday, July 29th. Nine equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, Sherwin-Williams has an average rating of "Moderate Buy" and a consensus price target of $385.44.
Check Out Our Latest Stock Analysis on Sherwin-Williams
Insider Transactions at Sherwin-Williams
In other Sherwin-Williams news, insider Karl J. Jorgenrud sold 7,886 shares of the company'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 represents a 39.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.23% of the company's stock.
About Sherwin-Williams
(
Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Sherwin-Williams, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sherwin-Williams wasn't on the list.
While Sherwin-Williams currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we’ll send you MarketBeat’s list of ten stocks set to soar in Summer 2026, despite the threat of tariffs and what's happening in Iran. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
