The Sherwin-Williams Company $SHW Stake Lowered by Principal Financial Group Inc.

Key Points

• Principal Financial Group cut its stake in Sherwin‑Williams by 9.9% in Q4, selling 86,039 shares and ending the period with 782,346 shares valued at $253.5 million.
• Q1 results and guidance: Sherwin‑Williams beat estimates with $2.35 EPS (vs. $2.27 expected) and $5.67B revenue, and set FY2026 guidance of $11.50–$11.90 EPS (analyst consensus ~11.74).
• Dividend and market stance: the company declared a $0.80 quarterly dividend (annualized $3.20, 1.0% yield); institutional investors own 77.67% of the stock and analysts have a "Moderate Buy" consensus with a $375.33 target.

Principal Financial Group Inc. decreased its stake in The Sherwin-Williams Company (NYSE:SHW - Free Report) by 9.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 782,346 shares of the specialty chemicals company's stock after selling 86,039 shares during the period. Principal Financial Group Inc. owned 0.32% of Sherwin-Williams worth $253,504,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in shares of Sherwin-Williams by 2.7% in the 4th quarter. Vanguard Group Inc. now owns 23,237,824 shares of the specialty chemicals company's stock worth $7,529,752,000 after acquiring an additional 600,119 shares during the period. Capital Research Global Investors boosted its stake in Sherwin-Williams by 0.3% during the 3rd quarter. Capital Research Global Investors now owns 3,432,977 shares of the specialty chemicals company's stock valued at $1,188,698,000 after purchasing an additional 11,560 shares during the period. JPMorgan Chase & Co. boosted its stake in Sherwin-Williams by 0.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,052,021 shares of the specialty chemicals company's stock valued at $1,056,811,000 after purchasing an additional 12,715 shares during the period. Viking Global Investors LP grew its position in Sherwin-Williams by 47.2% in the 3rd quarter. Viking Global Investors LP now owns 2,881,091 shares of the specialty chemicals company's stock worth $997,607,000 after purchasing an additional 923,341 shares during the last quarter. Finally, Capital International Investors grew its position in Sherwin-Williams by 2.0% in the 3rd quarter. Capital International Investors now owns 2,675,299 shares of the specialty chemicals company's stock worth $926,249,000 after purchasing an additional 52,322 shares during the last quarter. Institutional investors and hedge funds own 77.67% of the company's stock.

Sherwin-Williams Trading Up 0.6%

Shares of NYSE:SHW opened at $312.39 on Wednesday. The company has a 50 day moving average of $330.32 and a 200-day moving average of $337.96. The company has a current ratio of 0.86, a quick ratio of 0.53 and a debt-to-equity ratio of 2.10. The firm has a market cap of $77.05 billion, a P/E ratio of 29.98, a P/E/G ratio of 2.69 and a beta of 1.16. The Sherwin-Williams Company has a twelve month low of $301.58 and a twelve month high of $379.65.

Sherwin-Williams (NYSE:SHW - Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 EPS for the quarter, beating analysts' consensus estimates of $2.27 by $0.08. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The business had revenue of $5.67 billion for the quarter, compared to analyst estimates of $5.56 billion. During the same quarter last year, the business earned $2.25 earnings per share. The business's revenue for the quarter was up 6.9% on a year-over-year basis. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. As a group, analysts anticipate that The Sherwin-Williams Company will post 11.74 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 22nd will be given a dividend of $0.80 per share. The ex-dividend date is Friday, May 22nd. This represents a $3.20 annualized dividend and a dividend yield of 1.0%. Sherwin-Williams's dividend payout ratio (DPR) is 30.71%.

Insider Activity at Sherwin-Williams

In other news, SVP Bryan J. Young sold 2,513 shares of the business's stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $364.47, for a total value of $915,913.11. Following the sale, the senior vice president owned 10,045 shares of the company's stock, valued at approximately $3,661,101.15. The trade was a 20.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.23% of the company's stock.

Analyst Ratings Changes

SHW has been the topic of a number of recent analyst reports. Zacks Research raised Sherwin-Williams from a "strong sell" rating to a "hold" rating in a report on Tuesday, March 31st. Evercore set a $390.00 target price on Sherwin-Williams in a research report on Wednesday, April 29th. Wells Fargo & Company cut their target price on Sherwin-Williams from $365.00 to $350.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 29th. Citigroup reduced their price target on Sherwin-Williams from $410.00 to $385.00 and set a "buy" rating for the company in a research report on Wednesday, April 1st. Finally, Weiss Ratings raised Sherwin-Williams from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday, April 29th. Ten research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $375.33.

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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