The Manufacturers Life Insurance Company Trims Stock Holdings in The Sherwin-Williams Company $SHW

Key Points

• The Manufacturers Life Insurance Company cut its Sherwin-Williams stake by 26.7% in the second quarter, selling 42,567 shares and retaining 116,784 shares valued at approximately $40.2 million. Institutional investors collectively own 77.67% of the company.
• Sherwin-Williams exceeded quarterly expectations, reporting $3.70 in EPS on $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.
• Analysts maintain a broadly positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $386.29 versus the reported share price of $323.14. The company also pays a quarterly dividend of $0.80 per share, yielding about 1.0% annually.

The Manufacturers Life Insurance Company lowered its stake in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) by 26.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 116,784 shares of the specialty chemicals company's stock after selling 42,567 shares during the period. The Manufacturers Life Insurance Company's holdings in Sherwin-Williams were worth $40,211,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Fideuram Asset Management Ireland dac acquired a new stake in shares of Sherwin-Williams during the fourth quarter worth $2,496,000. Kinsale Capital Group Inc. purchased a new stake in shares of Sherwin-Williams in the fourth quarter valued at $4,805,000. Blueline Advisors LLC acquired a new position in Sherwin-Williams in the fourth quarter valued at $1,694,000. BlackRock Inc. acquired a new position in Sherwin-Williams in the second quarter valued at $6,100,083,000. Finally, Caisse de depot et placement du Quebec purchased a new position in Sherwin-Williams during the second quarter worth about $5,473,000. Hedge funds and other institutional investors own 77.67% of the company's stock.

Sherwin-Williams Price Performance

Shares of Sherwin-Williams stock opened at $323.14 on Friday. The Sherwin-Williams Company has a twelve month low of $289.86 and a twelve month high of $377.77. The stock has a market capitalization of $78.44 billion, a P/E ratio of 29.78, a PEG ratio of 2.36 and a beta of 1.09. The company has a current ratio of 0.73, a quick ratio of 0.46 and a debt-to-equity ratio of 2.16. The business's fifty day moving average price is $340.74 and its 200 day moving average price is $329.75.

Sherwin-Williams (NYSE:SHW - Get Free Report) last announced 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. The company had revenue of $6.79 billion during the quarter, compared to analyst estimates of $6.60 billion. Sherwin-Williams had a return on equity of 67.97% and a net margin of 11.01%.The firm's revenue was up 7.5% on a year-over-year basis. During the same period in the prior year, the firm posted $3.38 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. As a group, research analysts anticipate that The Sherwin-Williams Company will post 12.08 earnings per share for the current year.

Sherwin-Williams Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 11th. Stockholders of record on Friday, August 21st were issued a dividend of $0.80 per share. The ex-dividend date was Friday, August 21st. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.0%. Sherwin-Williams's payout ratio is presently 29.49%.

Insider Buying and Selling

In related news, insider Justin T. Binns sold 13,500 shares of the firm'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 value of $4,761,450.00. Following the transaction, the insider owned 21,937 shares in the company, valued at approximately $7,737,179.90. This trade represents a 38.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Karl Jorgenrud sold 7,886 shares of Sherwin-Williams stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $368.30, for a total transaction of $2,904,413.80. Following the transaction, the insider directly owned 11,944 shares in the company, valued at approximately $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. 0.23% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. BMO Capital Markets reissued an "outperform" rating and issued a $405.00 price target (up from $400.00) on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Morgan Stanley reaffirmed an "overweight" rating and set a $395.00 price objective (up from $385.00) on shares of Sherwin-Williams in a research note on Wednesday, July 29th. UBS Group reiterated a "neutral" rating and set a $390.00 price objective on shares of Sherwin-Williams in a report on Wednesday, July 29th. Weiss Ratings raised shares of Sherwin-Williams from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Wednesday, August 26th. Finally, Wells Fargo & Company set a $360.00 target price on shares of Sherwin-Williams and gave the company an "equal weight" rating in a report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $386.29.

Sherwin-Williams Company Profile

The Sherwin-Williams Company NYSE: SHW develops, manufactures, distributes and sells paints, coatings, floorcoverings and related products. Its offerings serve professional contractors, industrial and commercial customers, retailers and do-it-yourself consumers, with products used in residential, commercial, industrial and infrastructure applications.

The company operates through three primary business segments: Paint Stores Group, which supplies professional painting contractors through company-operated stores; Consumer Brands Group, which markets products through home-improvement retailers and other channels; and Performance Coatings Group, which provides specialized coatings for industrial, automotive, aerospace, packaging and other markets.

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