Findlay Park Partners LLP Invests $37.88 Million in The Sherwin-Williams Company $SHW

Findlay Park Partners LLP bought a new stake in The Sherwin-Williams Company (NYSE:SHW - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 110,012 shares of the specialty chemicals company's stock, valued at approximately $37,879,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fideuram Asset Management Ireland dac purchased a new position in Sherwin-Williams during the fourth quarter worth approximately $2,496,000. Kinsale Capital Group Inc. purchased a new stake in shares of Sherwin-Williams during the 4th quarter valued at $4,805,000. Calamos Advisors LLC increased its holdings in shares of Sherwin-Williams by 5.4% during the 4th quarter. Calamos Advisors LLC now owns 180,602 shares of the specialty chemicals company's stock worth $58,520,000 after buying an additional 9,196 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Sherwin-Williams by 2.7% during the 4th quarter. Vanguard Group Inc. now owns 23,237,824 shares of the specialty chemicals company's stock worth $7,529,752,000 after buying an additional 600,119 shares during the last quarter. Finally, Blueline Advisors LLC purchased a new position in shares of Sherwin-Williams in the 4th quarter worth $1,694,000. 77.67% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have commented on SHW shares. Weiss Ratings upgraded Sherwin-Williams from a "hold (c)" rating to a "hold (c+)" rating in a research note on Friday, July 31st. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $405.00 price objective (up from $391.00) on shares of Sherwin-Williams in a research note on Wednesday, July 8th. The Goldman Sachs Group set a $420.00 target price on Sherwin-Williams in a report on Wednesday, July 29th. UBS Group reissued a "neutral" rating and set a $390.00 target price on shares of Sherwin-Williams in a research report on Wednesday, July 29th. Finally, Citigroup restated a "buy" rating on shares of Sherwin-Williams in a report on Wednesday, July 29th. Nine analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $385.44.

Sherwin-Williams Price Performance

SHW stock opened at $347.02 on Friday. The firm has a market cap of $84.24 billion, a P/E ratio of 31.98, a price-to-earnings-growth ratio of 2.58 and a beta of 1.10. 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 Sherwin-Williams Company has a 1 year low of $289.86 and a 1 year high of $379.65. The stock has a 50-day simple moving average of $340.16 and a 200-day simple moving average of $332.81.

Sherwin-Williams (NYSE:SHW - Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.52 by $0.18. The company had revenue of $6.79 billion for 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 quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter last year, the firm posted $3.38 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. On average, equities analysts predict that The Sherwin-Williams Company will post 12.08 earnings per share for the current fiscal year.

Sherwin-Williams Announces Dividend

The company 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 $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Friday, August 21st. Sherwin-Williams's dividend payout ratio is presently 29.49%.

Insider Transactions at Sherwin-Williams

In other Sherwin-Williams news, insider Justin T. Binns sold 13,500 shares of Sherwin-Williams stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $352.70, for a total transaction of $4,761,450.00. Following the sale, the insider directly owned 21,937 shares in the company, valued at $7,737,179.90. The trade was a 38.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Karl J. Jorgenrud sold 7,886 shares of Sherwin-Williams stock in a transaction that occurred on 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 sale, the insider owned 11,944 shares in the company, valued at $4,398,975.20. This represents a 39.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.23% of the company's stock.

Sherwin-Williams Company 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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