NEOS Investment Management LLC Purchases 4,035 Shares of The Sherwin-Williams Company $SHW

Key Points

• NEOS Investment Management increased its Sherwin-Williams stake by 12.2% in the second quarter, acquiring 4,035 shares for a total holding of 37,175 shares valued at $12.8 million. Institutional investors and hedge funds collectively own 77.67% of the company.
• Sherwin-Williams reported quarterly adjusted earnings of $3.70 per share and revenue of $6.79 billion, exceeding analyst estimates, while revenue rose 7.5% year over year. The company maintained fiscal 2026 earnings guidance of $11.80–$12.20 per share.
• Analysts remain broadly positive, assigning the stock a “Moderate Buy” consensus rating and an average price target of $386.29 versus its $333.51 opening price. The company also declared a quarterly dividend of $0.80 per share, representing a 1.0% annualized yield.

NEOS Investment Management LLC boosted its position in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) by 12.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,175 shares of the specialty chemicals company's stock after acquiring an additional 4,035 shares during the period. NEOS Investment Management LLC's holdings in Sherwin-Williams were worth $12,800,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Brighton Jones LLC increased its position in Sherwin-Williams by 73.6% in the 4th quarter. Brighton Jones LLC now owns 1,545 shares of the specialty chemicals company's stock worth $525,000 after buying an additional 655 shares during the period. Empowered Funds LLC boosted its position in shares of Sherwin-Williams by 11.2% in the first quarter. Empowered Funds LLC now owns 6,236 shares of the specialty chemicals company's stock valued at $2,178,000 after acquiring an additional 626 shares during the period. Jump Financial LLC acquired a new stake in shares of Sherwin-Williams in the second quarter worth $1,210,000. Sei Investments Co. increased its position in Sherwin-Williams by 43.6% during the second quarter. Sei Investments Co. now owns 196,915 shares of the specialty chemicals company's stock worth $67,612,000 after acquiring an additional 59,831 shares during the period. Finally, Glenview Trust co increased its position in Sherwin-Williams by 4.8% during the second quarter. Glenview Trust co now owns 3,249 shares of the specialty chemicals company's stock worth $1,116,000 after acquiring an additional 148 shares during the period. 77.67% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, 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 transaction of $4,761,450.00. Following the completion of the transaction, the insider owned 21,937 shares in the company, valued at $7,737,179.90. This trade represents a 38.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Karl J. Jorgenrud sold 7,886 shares of the business's stock in a transaction on Friday, August 7th. The shares were 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 directly owned 11,944 shares in the company, valued at approximately $4,398,975.20. This represents a 39.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.23% of the stock is currently owned by insiders.

Sherwin-Williams Trading Up 0.4%

Shares of Sherwin-Williams stock opened at $333.51 on Friday. The Sherwin-Williams Company has a 52-week low of $289.86 and a 52-week high of $377.77. The firm has a market capitalization of $80.96 billion, a PE ratio of 30.74, a price-to-earnings-growth ratio of 2.49 and a beta of 1.09. 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 company's fifty day moving average price is $343.07 and its two-hundred day moving average price is $331.14.

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

Sherwin-Williams Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 21st will be paid a dividend of $0.80 per share. The ex-dividend date is Friday, August 21st. This represents a $3.20 dividend on an annualized basis and a yield of 1.0%. Sherwin-Williams's dividend payout ratio (DPR) is currently 29.49%.

Analysts Set New Price Targets

A number of brokerages have weighed in on SHW. Royal Bank Of Canada reissued an "outperform" rating and issued a $405.00 price target (up from $391.00) on shares of Sherwin-Williams in a report on Wednesday, July 8th. The Goldman Sachs Group set a $420.00 price objective on shares of Sherwin-Williams in a research report on Wednesday, July 29th. JPMorgan Chase & Co. increased their target price on shares of Sherwin-Williams from $365.00 to $380.00 and gave the company an "overweight" rating in a research note 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, Guggenheim assumed coverage on Sherwin-Williams in a research note on Monday, August 3rd. They set a "buy" rating and a $400.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $386.29.

Sherwin-Williams 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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