HBK Sorce Advisory LLC Makes New Investment in The Sherwin-Williams Company $SHW

Key Points

• HBK Sorce Advisory acquired 3,397 Sherwin-Williams shares worth approximately $1.26 million during the second quarter. Institutional investors collectively own 77.67% of the company.
• Sherwin-Williams exceeded quarterly expectations, reporting $3.70 in EPS and $6.79 billion in revenue, with revenue up 7.5% year over year. The company maintained fiscal 2026 EPS guidance of $11.80–$12.20.
• The company declared a quarterly dividend of $0.80 per share, while analysts maintain a “Moderate Buy” consensus with an average price target of $385.44; insider Karl J. Jorgenrud separately sold 7,886 shares.

HBK Sorce Advisory LLC bought a new stake in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 3,397 shares of the specialty chemicals company's stock, valued at approximately $1,256,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sapient Capital LLC lifted its stake in Sherwin-Williams by 0.3% in the 4th quarter. Sapient Capital LLC now owns 9,176 shares of the specialty chemicals company's stock worth $2,993,000 after acquiring an additional 30 shares in the last quarter. Eastern Bank grew its stake in Sherwin-Williams by 50.8% during the 2nd quarter. Eastern Bank now owns 89 shares of the specialty chemicals company's stock valued at $31,000 after acquiring an additional 30 shares in the last quarter. Deseret Mutual Benefit Administrators grew its stake in Sherwin-Williams by 6.2% during the 4th quarter. Deseret Mutual Benefit Administrators now owns 527 shares of the specialty chemicals company's stock valued at $171,000 after acquiring an additional 31 shares in the last quarter. Heartland Bank & Trust Co increased its holdings in shares of Sherwin-Williams by 2.8% in the 1st quarter. Heartland Bank & Trust Co now owns 1,174 shares of the specialty chemicals company's stock valued at $376,000 after purchasing an additional 32 shares during the period. Finally, Nicholas Hoffman & Company LLC. increased its holdings in shares of Sherwin-Williams by 1.9% in the 4th quarter. Nicholas Hoffman & Company LLC. now owns 1,789 shares of the specialty chemicals company's stock valued at $580,000 after purchasing an additional 33 shares during the period. Institutional investors and hedge funds own 77.67% of the company's stock.

Insider Activity at Sherwin-Williams

In other news, insider Karl J. Jorgenrud sold 7,886 shares of the 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 transaction, the insider owned 11,944 shares in the company, valued at $4,398,975.20. This represents a 39.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.23% of the stock is currently owned by company insiders.

Sherwin-Williams Stock Down 0.2%

Shares of Sherwin-Williams stock opened at $358.40 on Monday. The firm has a market cap of $87.01 billion, a price-to-earnings ratio of 33.03, a P/E/G ratio of 2.68 and a beta of 1.10. The company has a debt-to-equity ratio of 2.16, a current ratio of 0.73 and a quick ratio of 0.46. The Sherwin-Williams Company has a 52-week low of $289.86 and a 52-week high of $379.65. The stock has a 50-day simple moving average of $336.29 and a 200-day simple moving average of $332.78.

Sherwin-Williams (NYSE:SHW - Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 EPS for the quarter, beating the consensus estimate of $3.52 by $0.18. The business had revenue of $6.79 billion during the quarter, compared to analysts' expectations of $6.60 billion. Sherwin-Williams had a return on equity of 67.97% and a net margin of 11.01%.The firm's quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.38 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. On average, equities research analysts expect that The Sherwin-Williams Company will post 12.08 earnings per share for the current fiscal year.

Sherwin-Williams Announces Dividend

The firm also recently announced 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 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Friday, August 21st. Sherwin-Williams's payout ratio is currently 29.49%.

Analysts Set New Price Targets

SHW has been the subject of several research reports. UBS Group restated a "neutral" rating and set a $390.00 price target on shares of Sherwin-Williams in a report on Wednesday, July 29th. The Goldman Sachs Group set a $420.00 price objective on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Bank of America cut their target price on shares of Sherwin-Williams from $370.00 to $365.00 and set a "neutral" rating for the company in a research report on Tuesday, April 21st. Citigroup reissued a "buy" rating on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Finally, BMO Capital Markets restated an "outperform" rating and set a $405.00 price target (up from $400.00) on shares of Sherwin-Williams 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's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target 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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