Sumitomo Life Insurance Co. Invests $1.11 Million in The Sherwin-Williams Company $SHW

Key Points

• Sumitomo Life Insurance acquired 3,229 Sherwin-Williams shares worth approximately $1.11 million during the second quarter. Institutional investors collectively own 77.67% of SHW.
• 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, representing an annualized payout of $3.20 and a 0.9% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $385.44, versus a reported share price of $347.02.

Sumitomo Life Insurance Co. acquired a new stake in The Sherwin-Williams Company (NYSE:SHW - Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 3,229 shares of the specialty chemicals company's stock, valued at approximately $1,112,000.

Several other institutional investors and hedge funds also recently made changes to their positions in SHW. Wilkerson Advisory Group LLC raised its position in Sherwin-Williams by 172.4% in the 1st 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 during the period. Ares Financial Consulting LLC bought a new position in shares of Sherwin-Williams during the fourth quarter valued at about $27,000. Lloyd Advisory Services LLC. bought a new position in shares of Sherwin-Williams during the fourth quarter valued at about $27,000. Whipplewood Advisors LLC purchased a new position in shares of Sherwin-Williams in the first quarter worth about $28,000. Finally, Tacita Capital Inc purchased a new position in shares of Sherwin-Williams in the second quarter worth about $30,000. Institutional investors own 77.67% of the company's stock.

Sherwin-Williams Stock Up 0.0%

NYSE SHW opened at $347.02 on Friday. The Sherwin-Williams Company has a 1 year low of $289.86 and a 1 year high of $379.65. The stock has a market capitalization of $84.24 billion, a PE ratio of 31.98, a PEG ratio of 2.58 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 business's 50-day moving average is $340.16 and its 200 day moving average is $332.81.

Sherwin-Williams (NYSE:SHW - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 EPS for the quarter, beating analysts' consensus estimates of $3.52 by $0.18. Sherwin-Williams had a return on equity of 67.97% and a net margin of 11.01%.The business had revenue of $6.79 billion during the quarter, compared to analyst estimates of $6.60 billion. During the same quarter in the prior year, the company posted $3.38 EPS. Sherwin-Williams'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. Sell-side analysts forecast that The Sherwin-Williams Company will post 12.08 earnings per share for the current year.

Sherwin-Williams Dividend Announcement

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

Insider Buying and Selling at Sherwin-Williams

In related news, insider Justin T. Binns sold 13,500 shares of Sherwin-Williams stock in a transaction on Monday, August 17th. The shares were sold at an average price of $352.70, for a total value 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 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 owned 11,944 shares of the company's stock, 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. Insiders own 0.23% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on SHW. BMO Capital Markets restated an "outperform" rating and set a $405.00 target price (up from $400.00) on shares of Sherwin-Williams in a report on Wednesday, July 29th. Wells Fargo & Company set a $360.00 price objective on Sherwin-Williams and gave the company an "equal weight" rating in a research report on Wednesday, July 29th. Guggenheim assumed coverage on Sherwin-Williams in a research note on Monday, August 3rd. They set a "buy" rating and a $400.00 price objective for the company. Evercore restated an "outperform" rating on shares of Sherwin-Williams in a report on Friday, May 8th. Finally, Morgan Stanley restated an "overweight" rating and issued a $395.00 target price (up from $385.00) on shares of Sherwin-Williams in a report on Wednesday, July 29th. Nine investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $385.44.

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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