The Sherwin-Williams Company $SHW Holdings Raised by PensionDanmark Pensionsforsikringsaktieselskab

Key Points

• PensionDanmark increased its Sherwin-Williams stake by 7.4% in the second quarter, bringing its holdings to 42,633 shares valued at approximately $14.7 million. Institutional investors collectively own 77.67% of the company.
• Analysts maintain a “Moderate Buy” consensus on SHW, with an average price target of $385.44; ratings include nine Buys and seven Holds.
• Sherwin-Williams exceeded quarterly expectations with $3.70 in earnings per share and $6.79 billion in revenue, up 7.5% year over year. The company also declared a quarterly dividend of $0.80 per share, representing a 0.9% annualized yield.

PensionDanmark Pensionsforsikringsaktieselskab lifted its stake in The Sherwin-Williams Company (NYSE:SHW - Free Report) by 7.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 42,633 shares of the specialty chemicals company's stock after purchasing an additional 2,924 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab's holdings in Sherwin-Williams were worth $14,679,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of SHW. Wilkerson Advisory Group LLC lifted its position in shares of Sherwin-Williams by 172.4% in the 1st quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company's stock valued at $25,000 after acquiring an additional 50 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new position in Sherwin-Williams during the 4th quarter worth approximately $27,000. Ares Financial Consulting LLC purchased a new position in Sherwin-Williams during the 4th quarter worth approximately $27,000. Whipplewood Advisors LLC acquired a new stake in Sherwin-Williams during the 1st quarter valued at $28,000. Finally, Eastern Bank lifted its holdings in shares of Sherwin-Williams by 50.8% in the second quarter. Eastern Bank now owns 89 shares of the specialty chemicals company's stock valued at $31,000 after purchasing an additional 30 shares in the last quarter. Hedge funds and other institutional investors own 77.67% of the company's stock.

Wall Street Analysts Forecast Growth

SHW has been the subject of several recent analyst reports. Wells Fargo & Company set a $360.00 target price on Sherwin-Williams and gave the stock an "equal weight" rating in a research report on Wednesday, July 29th. UBS Group reissued a "neutral" rating and set a $390.00 price target on shares of Sherwin-Williams in a research report on Wednesday, July 29th. Evercore restated an "outperform" rating on shares of Sherwin-Williams in a research report on Friday, May 8th. BMO Capital Markets reaffirmed an "outperform" rating and set a $405.00 target price (up from $400.00) on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Finally, The Goldman Sachs Group set a $420.00 target price on Sherwin-Williams in a report on Wednesday, July 29th. Nine analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $385.44.

Sherwin-Williams Trading Up 1.7%

Sherwin-Williams stock opened at $369.59 on Friday. The company's fifty day simple moving average is $329.94 and its 200-day simple moving average is $332.57. The company has a quick ratio of 0.46, a current ratio of 0.73 and a debt-to-equity ratio of 2.16. The Sherwin-Williams Company has a 12 month low of $289.86 and a 12 month high of $379.65. The stock has a market cap of $89.72 billion, a P/E ratio of 34.06, a P/E/G ratio of 2.71 and a beta of 1.10.

Sherwin-Williams (NYSE:SHW - Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $6.60 billion. During the same period in the prior year, the business posted $3.38 earnings per share. Sherwin-Williams's revenue for the quarter 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. As a group, sell-side analysts forecast that The Sherwin-Williams Company will post 12.08 EPS for the current fiscal year.

Sherwin-Williams Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 21st will be given a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Friday, August 21st. Sherwin-Williams's dividend payout ratio is presently 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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