Elevation Point Wealth Partners LLC Buys New Holdings in The Sherwin-Williams Company $SHW

Key Points

• Elevation Point Wealth Partners purchased 6,101 Sherwin-Williams shares in the second quarter, valued at approximately $2.1 million. Institutional investors own 77.67% of the company.
• Sherwin-Williams reported quarterly EPS of $3.70, beating estimates of $3.52, while revenue rose 7.5% year over year to $6.79 billion. The company reaffirmed fiscal 2026 EPS guidance of $11.80–$12.20.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $385.44, compared with the stock’s reported price of $347.02. The company also declared a quarterly dividend of $0.80 per share.

Elevation Point Wealth Partners LLC purchased a new position in The Sherwin-Williams Company (NYSE:SHW - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 6,101 shares of the specialty chemicals company's stock, valued at approximately $2,101,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in shares of Sherwin-Williams during the second quarter valued at approximately $6,100,083,000. Norges Bank bought a new position in shares of Sherwin-Williams during the fourth quarter worth $1,089,450,000. Bank of New York Mellon Corp bought a new position in shares of Sherwin-Williams during the second quarter worth $547,097,000. Viking Global Investors LP grew its stake in Sherwin-Williams by 101.4% during 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 in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Sherwin-Williams during the second quarter valued at $297,600,000. 77.67% of the stock is currently owned by institutional investors.

Sherwin-Williams Stock Performance

Sherwin-Williams stock opened at $347.02 on Monday. The company's 50-day moving average price is $340.16 and its 200-day moving average price is $332.64. The Sherwin-Williams Company has a twelve month low of $289.86 and a twelve month high of $379.65. 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 company has a market cap of $84.24 billion, a PE ratio of 31.98, a price-to-earnings-growth ratio of 2.58 and a beta of 1.10.

Sherwin-Williams (NYSE:SHW - Get Free Report) last announced its earnings results 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 net margin of 11.01% and a return on equity of 67.97%. The firm had revenue of $6.79 billion for the quarter, compared to analysts' expectations of $6.60 billion. During the same period in the prior year, the company earned $3.38 EPS. The business's revenue 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, equities research analysts forecast that The Sherwin-Williams Company will post 12.08 EPS for the current fiscal year.

Sherwin-Williams Announces Dividend

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

Insider Activity at Sherwin-Williams

In other news, insider Karl J. Jorgenrud sold 7,886 shares of the business's stock in a transaction that occurred on Friday, August 7th. The stock was 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 approximately $4,398,975.20. The trade was a 39.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Justin T. Binns sold 13,500 shares of the 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 sale, the insider owned 21,937 shares in the company, valued at $7,737,179.90. The trade was a 38.10% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.23% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several analysts have commented on the stock. UBS Group reiterated a "neutral" rating and issued a $390.00 price target on shares of Sherwin-Williams in a research note on Wednesday, July 29th. The Goldman Sachs Group set a $420.00 target price on Sherwin-Williams in a report on Wednesday, July 29th. JPMorgan Chase & Co. boosted their target price on Sherwin-Williams from $365.00 to $380.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 29th. Royal Bank Of Canada restated an "outperform" rating and set a $405.00 price target (up from $391.00) on shares of Sherwin-Williams in a report on Wednesday, July 8th. Finally, Weiss Ratings raised Sherwin-Williams from a "hold (c)" rating to a "hold (c+)" rating in a research note on Friday, July 31st. Nine analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus 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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