Nippon Life Global Investors Americas Inc. Invests $1.37 Million in The Sherwin-Williams Company $SHW

Key Points

• Nippon Life Global Investors Americas acquired 3,970 Sherwin-Williams shares worth approximately $1.37 million in 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 guided to fiscal 2026 EPS of $11.80–$12.20.
• The company declared a quarterly dividend of $0.80 per share, equivalent to an annualized yield of 0.9%. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $385.44.

Nippon Life Global Investors Americas Inc. acquired a new position in The Sherwin-Williams Company (NYSE:SHW - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 3,970 shares of the specialty chemicals company's stock, valued at approximately $1,367,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Wilkerson Advisory Group LLC increased its stake in shares of Sherwin-Williams by 172.4% in the first quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company's stock worth $25,000 after purchasing an additional 50 shares in the last quarter. Ares Financial Consulting LLC bought a new stake in shares of Sherwin-Williams in the fourth quarter valued at approximately $27,000. Lloyd Advisory Services LLC. purchased a new stake in shares of Sherwin-Williams during the 4th quarter valued at approximately $27,000. Whipplewood Advisors LLC purchased a new stake in shares of Sherwin-Williams during the 1st quarter valued at approximately $28,000. Finally, Kemnay Advisory Services Inc. bought a new position in Sherwin-Williams in the 4th quarter worth approximately $30,000. 77.67% of the stock is currently owned by institutional investors.

Sherwin-Williams Stock Down 0.2%

Shares of NYSE:SHW opened at $358.40 on Monday. The firm has a fifty day moving average price of $336.29 and a two-hundred day moving average price of $332.78. The company has a market cap of $87.01 billion, a price-to-earnings ratio of 33.03, a PEG 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 one year low of $289.86 and a one year high of $379.65.

Sherwin-Williams (NYSE:SHW - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share for the quarter, topping the consensus estimate of $3.52 by $0.18. Sherwin-Williams had a net margin of 11.01% and a return on equity of 67.97%. The firm had revenue of $6.79 billion for the quarter, compared to analysts' expectations of $6.60 billion. During the same quarter in the prior year, the firm posted $3.38 earnings per share. The business's quarterly revenue was up 7.5% on a year-over-year basis. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. Analysts anticipate that The Sherwin-Williams Company will post 12.08 EPS 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 paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Friday, August 21st. Sherwin-Williams's dividend payout ratio is currently 29.49%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Citigroup reiterated a "buy" rating on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Berenberg Bank set a $380.00 price target on Sherwin-Williams in a report on Monday, June 8th. JPMorgan Chase & Co. lifted their price target on Sherwin-Williams from $365.00 to $380.00 and gave the company an "overweight" rating in a research report on Wednesday, July 29th. Royal Bank Of Canada reiterated an "outperform" rating and set a $405.00 price objective (up from $391.00) on shares of Sherwin-Williams in a research note on Wednesday, July 8th. Finally, Bank of America cut their target price on Sherwin-Williams from $370.00 to $365.00 and set a "neutral" rating for the company in a research note on Tuesday, April 21st. Nine investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, Sherwin-Williams has a consensus rating of "Moderate Buy" and an average target price of $385.44.

Insider Buying and Selling at Sherwin-Williams

In other Sherwin-Williams news, insider Karl J. Jorgenrud sold 7,886 shares of the firm's stock in a transaction dated 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 sale, the insider owned 11,944 shares of the company's stock, valued at $4,398,975.20. This trade represents a 39.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.23% of the stock is currently owned by insiders.

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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