Glenview Trust Co Buys 5,840 Shares of The Sherwin-Williams Company $SHW

Key Points

• Glenview Trust Co. increased its Sherwin-Williams stake by 6.4% in the third quarter, adding 5,840 shares and bringing its holdings to 97,564 shares valued at approximately $31.5 million. Institutional investors collectively own 77.67% of the company.
• Sherwin-Williams reported third-quarter revenue of $6.86 billion, up 7.9% year over year and above estimates, but EPS of $3.63 fell short of the $3.69 consensus. Analysts cited margin pressure and a cautious outlook, although the consensus rating remains “Moderate Buy” with a $377.29 price target.
• The company declared a quarterly dividend of $0.80 per share, equal to $3.20 annually and a 1.0% yield. Meanwhile, two insiders sold shares, reducing their respective positions by roughly 38% to 40%.

Glenview Trust Co boosted its stake in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) by 6.4% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 97,564 shares of the specialty chemicals company's stock after purchasing an additional 5,840 shares during the quarter. Glenview Trust Co's holdings in Sherwin-Williams were worth $31,540,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. GK Wealth Management LLC acquired a new stake in shares of Sherwin-Williams in the third quarter worth $25,000. Wilkerson Advisory Group LLC grew its stake in Sherwin-Williams by 172.4% in the 1st quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company's stock valued at $25,000 after buying an additional 50 shares during the last quarter. Montgomery Financial Services LLC acquired a new position in Sherwin-Williams in the 2nd quarter valued at $29,000. Whipplewood Advisors LLC acquired a new position in Sherwin-Williams in the 1st quarter valued at $28,000. Finally, Tacita Capital Inc bought a new position in Sherwin-Williams in the 2nd quarter worth $30,000. Institutional investors own 77.67% of the company's stock.

Insider Activity

In other Sherwin-Williams news, insider Karl J. Jorgenrud sold 7,886 shares of the firm'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 value of $2,904,413.80. Following the completion of the sale, the insider owned 11,944 shares in the company, valued at approximately $4,398,975.20. This trade represents a 39.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Justin Binns sold 13,500 shares of the firm's stock in a transaction that occurred on Monday, August 17th. The stock was 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 owned 21,937 shares of the company's stock, valued at $7,737,179.90. This represents a 38.10% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.23% of the company's stock.

Sherwin-Williams Price Performance

NYSE:SHW opened at $332.95 on Friday. The stock has a market cap of $80.44 billion, a P/E ratio of 30.60, a PEG ratio of 2.74 and a beta of 1.08. The Sherwin-Williams Company has a one year low of $289.86 and a one year high of $377.77. The company has a fifty day moving average price of $329.41 and a 200 day moving average price of $333.14. The company has a debt-to-equity ratio of 2.00, a current ratio of 0.71 and a quick ratio of 0.46.

Sherwin-Williams (NYSE:SHW - Get Free Report) last issued its quarterly earnings results on Tuesday, October 27th. The specialty chemicals company reported $3.63 earnings per share for the quarter, missing analysts' consensus estimates of $3.69 by ($0.06). The company had revenue of $6.86 billion during the quarter, compared to the consensus estimate of $6.78 billion. Sherwin-Williams had a net margin of 10.74% and a return on equity of 69.51%. Sherwin-Williams's revenue for the quarter was up 7.9% on a year-over-year basis. During the same period last year, the company earned $3.59 earnings per share. Analysts anticipate that The Sherwin-Williams Company will post 12.02 earnings per share for the current year.

Sherwin-Williams Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Friday, November 13th will be given a dividend of $0.80 per share. The ex-dividend date of this dividend is Friday, November 13th. This represents a $3.20 dividend on an annualized basis and a yield of 1.0%. Sherwin-Williams's dividend payout ratio (DPR) is 29.41%.

Key Stories Impacting Sherwin-Williams

Here are the key news stories impacting Sherwin-Williams this week:

• Positive Sentiment: Third-quarter revenue increased 7.9% year over year to $6.86 billion, exceeding consensus expectations of $6.78 billion. The company also maintained profitability and narrowed its full-year adjusted EPS outlook, which can signal greater forecasting confidence. SHW Q3 deep dive: Strong revenue growth meets margin pressures and cautious outlook
• Positive Sentiment: Royal Bank of Canada kept an “outperform” rating, while Citigroup maintained a “buy” rating. Their revised price targets of $383 and $370, respectively, still imply meaningful upside from the reference price, signaling that analysts view the earnings weakness as manageable. Royal Bank of Canada Sherwin-Williams rating Citigroup Sherwin-Williams rating
• Neutral Sentiment: Sherwin-Williams narrowed its FY2026 adjusted EPS outlook range. While a narrower range may improve visibility, it also highlights that investors are focused on whether the company can stabilize earnings amid uneven demand and cost pressures. Sherwin-Williams Narrows FY26 Adj. EPS Outlook Range
• Negative Sentiment: Third-quarter EPS of $3.63 missed the $3.69 consensus estimate. Reports also point to margin pressure and a cautious outlook, raising concerns that revenue growth is not translating into equivalent earnings growth. Sherwin-Williams Shares Gap Down After Earnings Miss
• Negative Sentiment: JPMorgan issued a pessimistic forecast, while RBC and Citi both reduced their price targets despite retaining bullish ratings. The stock also fell below its 200-day moving average after the earnings release, a technical warning that may encourage additional selling. JPMorgan Chase Issues Pessimistic Forecast for Sherwin-Williams Sherwin-Williams Stock Breaks Below 200-Day Moving Average

Analysts Set New Price Targets

A number of research firms have issued reports on SHW. Guggenheim restated a "buy" rating and set a $375.00 price target (down from $400.00) on shares of Sherwin-Williams in a report on Wednesday. Weiss Ratings lowered Sherwin-Williams from a "buy (b-)" rating to a "hold (c)" rating in a research note on Wednesday. Barclays set a $329.00 price objective on Sherwin-Williams and gave the stock an "equal weight" rating in a research report on Wednesday. DA Davidson set a $390.00 target price on Sherwin-Williams and gave the company a "buy" rating in a research note on Wednesday. Finally, UBS Group restated a "neutral" rating and set a $370.00 target price (up from $363.00) on shares of Sherwin-Williams in a research note on Wednesday. Fifteen analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $377.29.

About Sherwin-Williams

The Sherwin-Williams Company NYSE: SHW develops, manufactures, distributes and sells paints, coatings and related products. Its offerings include architectural paints, industrial coatings, wood finishes, protective coatings, automotive refinishing products, floor coatings and related supplies marketed under brands such as Sherwin-Williams, Valspar, Minwax, Krylon and Dutch Boy.

Founded in 1866 and headquartered in Cleveland, Ohio, Sherwin-Williams serves professional contractors, do-it-yourself consumers, industrial manufacturers, commercial businesses and other customers.

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