Flputnam Investment Management Co. Takes Position in The Sherwin-Williams Company $SHW

Key Points

• Flputnam Investment Management acquired 43,408 Sherwin-Williams shares in the second quarter, valued at approximately $14.95 million. 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 0.9% annualized yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $385.44.

Flputnam Investment Management Co. acquired a new stake in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 43,408 shares of the specialty chemicals company's stock, valued at approximately $14,946,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norges Bank bought a new position in shares of Sherwin-Williams in the fourth quarter worth approximately $1,089,450,000. Bank of New York Mellon Corp bought a new stake in shares of Sherwin-Williams during the 2nd quarter valued at $547,097,000. Viking Global Investors LP lifted its stake in shares of Sherwin-Williams by 101.4% during the 2nd quarter. Viking Global Investors LP now owns 1,957,750 shares of the specialty chemicals company's stock valued at $672,213,000 after buying an additional 985,520 shares in the last quarter. Balyasny Asset Management L.P. lifted its stake 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 valued at $214,581,000 after buying an additional 660,997 shares in the last quarter. Finally, Vanguard Group Inc. boosted its holdings in Sherwin-Williams by 2.7% in 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 period. Institutional investors own 77.67% of the company's stock.

Insiders Place Their Bets

In related news, insider Karl J. Jorgenrud sold 7,886 shares of the company's stock in a transaction on Friday, August 7th. The shares were sold at an average price of $368.30, for a total transaction of $2,904,413.80. Following the sale, the insider owned 11,944 shares of the company's stock, valued at $4,398,975.20. This 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 available through this link. Corporate insiders own 0.23% of the company's stock.

Sherwin-Williams Price Performance

Shares of Sherwin-Williams stock opened at $358.40 on Monday. The firm has a market cap of $87.01 billion, a PE ratio of 33.03, a PEG ratio of 2.68 and a beta of 1.10. The stock has a 50 day moving average of $336.29 and a 200 day moving average of $332.78. 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 Sherwin-Williams Company has a 12 month low of $289.86 and a 12 month high of $379.65.

Sherwin-Williams (NYSE:SHW - Get Free Report) last released its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $6.60 billion. Sherwin-Williams had a return on equity of 67.97% and a net margin of 11.01%.The company's revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.38 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. On average, research analysts expect that The Sherwin-Williams Company will post 12.08 EPS for the current fiscal year.

Sherwin-Williams Dividend Announcement

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

Wall Street Analyst Weigh In

A number of brokerages have issued reports on SHW. BMO Capital Markets reiterated an "outperform" rating and issued a $405.00 price target (up from $400.00) on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Evercore restated an "outperform" rating on shares of Sherwin-Williams in a research report on Friday, May 8th. UBS Group reaffirmed a "neutral" rating and issued a $390.00 price objective on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Bank of America decreased their target price on Sherwin-Williams from $370.00 to $365.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 21st. Finally, Wells Fargo & Company set a $360.00 price target on Sherwin-Williams and gave the stock an "equal weight" rating in a report on Wednesday, July 29th. Nine research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $385.44.

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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