The Sherwin-Williams Company $SHW Position Lifted by Assenagon Asset Management S.A.

Key Points

• Assenagon Asset Management increased its Sherwin-Williams position by 74% in the third quarter, acquiring 163,265 additional shares and bringing its holdings to 384,009 shares valued at approximately $124.1 million. Institutional investors collectively own 77.67% of the company.
• Analysts maintain a “Moderate Buy” consensus on SHW, with an average price target of $382.08; recent targets range from $375 to $400.
• Sherwin-Williams reported quarterly earnings and revenue above expectations, while maintaining FY 2026 EPS guidance of $11.80–$12.20. The company also pays a quarterly dividend of $0.80 per share, representing a 1.0% annualized yield.

Assenagon Asset Management S.A. raised its position in The Sherwin-Williams Company (NYSE:SHW - Free Report) by 74.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 384,009 shares of the specialty chemicals company's stock after purchasing an additional 163,265 shares during the quarter. Assenagon Asset Management S.A. owned 0.16% of Sherwin-Williams worth $124,139,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Wilkerson Advisory Group LLC lifted its holdings in Sherwin-Williams by 172.4% during the 1st quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company's stock worth $25,000 after buying an additional 50 shares during the last quarter. GK Wealth Management LLC bought a new position in Sherwin-Williams during the third quarter worth $25,000. Whipplewood Advisors LLC acquired a new position in Sherwin-Williams in the first quarter worth $28,000. Montgomery Financial Services LLC acquired a new position in Sherwin-Williams in the second quarter worth $29,000. Finally, Tacita Capital Inc acquired a new position in Sherwin-Williams in the second quarter worth $30,000. 77.67% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on SHW. Jefferies Financial Group restated a "hold" rating and issued a $375.00 price target (up from $360.00) on shares of Sherwin-Williams in a research report on Tuesday, July 28th. Argus increased their price objective on shares of Sherwin-Williams from $355.00 to $380.00 in a research note on Thursday, August 27th. Mizuho set a $396.00 price objective on shares of Sherwin-Williams and gave the stock an "outperform" rating in a research note on Thursday, September 24th. DA Davidson set a $400.00 target price on shares of Sherwin-Williams and gave the stock a "buy" rating in a report on Monday, August 24th. Finally, KeyCorp began coverage on Sherwin-Williams in a report on Thursday, September 10th. They issued a "sector weight" rating on the stock. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $382.08.

Sherwin-Williams Trading Down 0.6%

NYSE SHW opened at $334.80 on Friday. The firm's 50 day moving average price is $333.46 and its two-hundred day moving average price is $328.33. The stock has a market cap of $81.28 billion, a price-to-earnings ratio of 28.38, a PEG ratio of 2.51 and a beta of 1.08. The company has a debt-to-equity ratio of 2.16, a quick ratio of 0.46 and a current ratio of 0.73. The Sherwin-Williams Company has a twelve month low of $289.86 and a twelve month high of $377.77.

Sherwin-Williams (NYSE:SHW - Get Free Report) last posted its earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.52 by $0.18. The business had revenue of $6.79 billion for the quarter, compared to analyst estimates of $6.60 billion. Sherwin-Williams had a net margin of 11.01% and a return on equity of 67.97%. Sherwin-Williams's revenue was up 7.5% compared to the same quarter last year. During the same period last year, the business posted $3.38 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. Equities analysts anticipate that The Sherwin-Williams Company will post 12.09 EPS for the current year.

Sherwin-Williams Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 11th. Investors of record on Friday, August 21st were paid a dividend of $0.80 per share. The ex-dividend date of this dividend 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 29.49%.

Insiders Place Their Bets

In other Sherwin-Williams news, insider Justin Binns sold 13,500 shares of the company's stock in a transaction that occurred on Monday, August 17th. The stock was 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. This represents a 38.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Karl J. Jorgenrud sold 7,886 shares of the business's stock in a transaction 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 completion of the sale, 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. 0.23% of the stock is owned by corporate insiders.

About Sherwin-Williams

The Sherwin-Williams Company NYSE: SHW manufactures, distributes and sells paints, coatings, floorcoverings and related products. Its offerings serve residential, commercial, industrial, automotive and specialty applications, including architectural paints, protective and marine coatings, industrial finishes, automotive refinishing products, wood stains and surface-preparation materials.

Founded in 1866 by Henry Sherwin and Edward Williams, the company is headquartered in Cleveland, Ohio.

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