Sanctuary Advisors LLC Invests $17.52 Million in The Sherwin-Williams Company $SHW

Key Points

• Sanctuary Advisors acquired a new $17.52 million stake in Sherwin-Williams during the second quarter, purchasing 50,880 shares. Institutional investors collectively own 77.67% of the company.
• Analysts maintain a generally positive outlook, with Sherwin-Williams receiving a “Moderate Buy” consensus rating and an average price target of $385.44. Recent targets range from $360 to $405.
• Sherwin-Williams exceeded quarterly earnings and revenue expectations, reporting $3.70 in EPS and $6.79 billion in revenue, while revenue rose 7.5% year over year. The company also declared a quarterly dividend of $0.80 per share, representing a 0.9% annualized yield.

Sanctuary Advisors LLC bought a new position in The Sherwin-Williams Company (NYSE:SHW - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 50,880 shares of the specialty chemicals company's stock, valued at approximately $17,519,000.

Other hedge funds have also modified their holdings of the company. Solstein Capital LLC purchased a new position in Sherwin-Williams in the 2nd quarter worth about $72,000. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Sherwin-Williams during the second quarter valued at about $23,481,000. Meiji Yasuda Asset Management Co Ltd. purchased a new stake in Sherwin-Williams during the second quarter valued at about $2,424,000. Clarion Wealth Managment Partners LLC acquired a new position in shares of Sherwin-Williams in the second quarter worth about $224,000. Finally, Burk Holdings LLC acquired a new position in shares of Sherwin-Williams in the second quarter worth about $136,000. 77.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

SHW has been the topic of a number of recent analyst 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. Berenberg Bank set a $380.00 price objective on shares of Sherwin-Williams in a research note on Monday, June 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. 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 issued a $405.00 target price (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 issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $385.44.

Insiders Place Their Bets

In other news, insider Justin T. Binns sold 13,500 shares of the business's stock in a transaction 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 transaction, the insider directly owned 21,937 shares in the company, valued at $7,737,179.90. The trade was a 38.10% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Karl J. Jorgenrud sold 7,886 shares of the company's stock in a transaction on Friday, August 7th. The stock was sold at an average price of $368.30, for a total transaction of $2,904,413.80. Following the completion of the transaction, the insider directly owned 11,944 shares in the company, valued at $4,398,975.20. This trade represents a 39.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.23% of the company's stock.

Sherwin-Williams Price Performance

Shares of SHW opened at $347.02 on Monday. The company has a market capitalization of $84.24 billion, a price-to-earnings ratio of 31.98, a P/E/G ratio of 2.58 and a beta of 1.10. The Sherwin-Williams Company has a fifty-two week low of $289.86 and a fifty-two week high of $379.65. 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 business's 50-day moving average is $340.16 and its 200-day moving average is $332.64.

Sherwin-Williams (NYSE:SHW - Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 EPS 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 business had revenue of $6.79 billion during the quarter, compared to analysts' expectations of $6.60 billion. During the same period last year, the company posted $3.38 earnings per share. The firm's quarterly revenue 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. Equities research analysts expect that The Sherwin-Williams Company will post 12.08 EPS for the current fiscal year.

Sherwin-Williams Dividend Announcement

The business 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 dividend of $0.80 per share. The ex-dividend date of this dividend is Friday, August 21st. This represents a $3.20 dividend on an annualized basis and a dividend yield of 0.9%. Sherwin-Williams's dividend payout ratio (DPR) is 29.49%.

Sherwin-Williams Company 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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