Osmosis Investment Management UK Ltd bought a new position in The Sherwin-Williams Company (NYSE:SHW - Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 7,483 shares of the specialty chemicals company's stock, valued at approximately $2,577,000.
A number of other institutional investors and hedge funds also recently modified their holdings of the business. Wilkerson Advisory Group LLC lifted its holdings in Sherwin-Williams by 172.4% during the first quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company's stock worth $25,000 after acquiring an additional 50 shares during the period. Ares Financial Consulting LLC bought a new position in Sherwin-Williams in the 4th quarter valued at $27,000. Lloyd Advisory Services LLC. purchased a new stake in shares of Sherwin-Williams during the 4th quarter valued at $27,000. Whipplewood Advisors LLC purchased a new stake in shares of Sherwin-Williams during the 1st quarter valued at $28,000. Finally, Tacita Capital Inc bought a new stake in shares of Sherwin-Williams during the 2nd quarter worth $30,000. 77.67% of the stock is owned by hedge funds and other institutional investors.
Insider Activity
In other 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 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. The trade was a 39.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at 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 owned 21,937 shares in the company, valued at $7,737,179.90. The trade was a 38.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.23% of the stock is owned by company insiders.
Sherwin-Williams Stock Up 0.1%
Shares of NYSE SHW opened at $347.02 on Monday. 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 stock has a market capitalization of $84.24 billion, a PE ratio of 31.98, a P/E/G ratio of 2.58 and a beta of 1.10. The Sherwin-Williams Company has a one year low of $289.86 and a one year high of $379.65. The business's fifty day moving average price is $340.16 and its 200-day moving average price is $332.64.
Sherwin-Williams (NYSE:SHW - Get Free Report) last announced its quarterly earnings data 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 return on equity of 67.97% and a net margin of 11.01%.The company had revenue of $6.79 billion during the quarter, compared to analyst estimates of $6.60 billion. During the same quarter last year, the firm posted $3.38 EPS. The firm's revenue for the quarter was up 7.5% on a year-over-year basis. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. On average, equities research analysts anticipate that The Sherwin-Williams Company will post 12.08 EPS for the current year.
Sherwin-Williams Announces Dividend
The firm also recently announced 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. The ex-dividend date is Friday, August 21st. This represents a $3.20 annualized dividend and a dividend yield of 0.9%. Sherwin-Williams's dividend payout ratio (DPR) is presently 29.49%.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on SHW shares. Evercore reissued an "outperform" rating on shares of Sherwin-Williams in a report on Friday, May 8th. Wells Fargo & Company set a $360.00 price objective on shares of Sherwin-Williams and gave the stock an "equal weight" rating in a research report on Wednesday, July 29th. JPMorgan Chase & Co. boosted 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. Morgan Stanley reissued an "overweight" rating and set a $395.00 target price (up from $385.00) on shares of Sherwin-Williams in a research report on Wednesday, July 29th. Finally, The Goldman Sachs Group set a $420.00 price target on shares of Sherwin-Williams in a research note 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. Based on data from MarketBeat.com, Sherwin-Williams presently has a consensus rating of "Moderate Buy" and a consensus target price of $385.44.
Get Our Latest Stock Report on SHW
Sherwin-Williams Company Profile
(
Free Report)
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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Want to see what other hedge funds are holding SHW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Sherwin-Williams Company (NYSE:SHW - Free Report).
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