Ieq Capital LLC Invests $1.41 Million in The Sherwin-Williams Company $SHW

Key Points

• Ieq Capital purchased 4,084 Sherwin-Williams shares worth approximately $1.41 million in the second quarter, while institutional investors collectively own 77.67% of SHW.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $386.29. Sherwin-Williams also exceeded quarterly earnings and revenue estimates, reporting $3.70 EPS and $6.79 billion in revenue.
• Sherwin-Williams declared a quarterly dividend of $0.80 per share, equivalent to a $3.20 annualized payout and a 0.9% yield; meanwhile, two insiders recently sold shares.

Ieq Capital LLC purchased a new position in The Sherwin-Williams Company (NYSE:SHW - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 4,084 shares of the specialty chemicals company's stock, valued at approximately $1,406,000.

Other institutional investors also recently bought and sold shares of the company. Callan Family Office LLC bought a new position in shares of Sherwin-Williams in the second quarter worth approximately $1,979,000. Keating Financial Advisory Services Inc. bought a new stake in shares of Sherwin-Williams during the second quarter valued at approximately $164,000. OneAscent Investment Solutions LLC purchased a new position in Sherwin-Williams in the 2nd quarter worth approximately $272,000. OneAscent Wealth Management LLC bought a new position in Sherwin-Williams in the 2nd quarter valued at approximately $770,000. Finally, OneAscent Family Office LLC bought a new position in Sherwin-Williams in the 2nd quarter valued at approximately $298,000. 77.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on SHW. DA Davidson set a $400.00 price target on Sherwin-Williams and gave the stock a "buy" rating in a research note on Monday. The Goldman Sachs Group set a $420.00 price objective on Sherwin-Williams in a report on Wednesday, July 29th. UBS Group reissued a "neutral" rating and issued a $390.00 target price on shares of Sherwin-Williams in a research report on Wednesday, July 29th. Guggenheim assumed coverage on shares of Sherwin-Williams in a research note on Monday, August 3rd. They set a "buy" rating and a $400.00 target price on the stock. Finally, Citigroup reiterated a "buy" rating on shares of Sherwin-Williams in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $386.29.

Sherwin-Williams Stock Performance

SHW stock opened at $348.57 on Thursday. 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 1 year low of $289.86 and a 1 year high of $377.77. The company has a market cap of $84.62 billion, a P/E ratio of 32.13, a price-to-earnings-growth ratio of 2.61 and a beta of 1.10. The stock's fifty day moving average price is $341.95 and its 200-day moving average price is $332.34.

Sherwin-Williams (NYSE:SHW - Get Free Report) last posted its earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share 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 the consensus estimate of $6.60 billion. Sherwin-Williams had a return on equity of 67.97% and a net margin of 11.01%.Sherwin-Williams's revenue was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.38 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. On average, equities analysts forecast that The Sherwin-Williams Company will post 12.08 earnings per share for the current year.

Sherwin-Williams Announces Dividend

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

Insider Buying and Selling

In related news, insider Karl J. Jorgenrud sold 7,886 shares of the business's stock in a transaction that occurred 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 completion of the sale, the insider directly owned 11,944 shares in the company, valued at approximately $4,398,975.20. The trade was a 39.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Justin T. Binns sold 13,500 shares of the company's stock in a transaction that occurred on Monday, August 17th. The shares were 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 of the company's stock, valued at approximately $7,737,179.90. This represents a 38.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.23% of the company's stock.

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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