The Sherwin-Williams Company $SHW Stock: Farther Finance Advisors LLC Raises Position

Key Points

• Farther Finance Advisors increased its Sherwin-Williams position by 83.2% in the third quarter, bringing its holdings to 34,104 shares valued at approximately $11.0 million. Institutional investors collectively own 77.67% of SHW.
• Analysts maintain a generally positive outlook, with the stock receiving a consensus “Moderate Buy” rating and an average price target of $383.57. Recent targets range from $353 to $400.
• Sherwin-Williams reported quarterly EPS of $3.70, beating estimates of $3.52, while revenue rose 7.5% year over year to $6.79 billion. The company also declared a quarterly dividend of $0.80, equal to a 1.0% annualized yield.

Farther Finance Advisors LLC increased its holdings in The Sherwin-Williams Company (NYSE:SHW - Free Report) by 83.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,104 shares of the specialty chemicals company's stock after acquiring an additional 15,491 shares during the period. Farther Finance Advisors LLC's holdings in Sherwin-Williams were worth $11,025,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Wilkerson Advisory Group LLC increased its holdings 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 purchasing an additional 50 shares during the period. Whipplewood Advisors LLC acquired a new position in Sherwin-Williams in the 1st quarter valued at approximately $28,000. Montgomery Financial Services LLC purchased a new stake in Sherwin-Williams in the 2nd quarter worth approximately $29,000. Tacita Capital Inc acquired a new stake in shares of Sherwin-Williams during the 2nd quarter valued at $30,000. Finally, Eastern Bank grew its holdings in shares of Sherwin-Williams by 50.8% during the 2nd quarter. Eastern Bank now owns 89 shares of the specialty chemicals company's stock valued at $31,000 after acquiring an additional 30 shares in the last quarter. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Sherwin-Williams news, insider Karl J. Jorgenrud sold 7,886 shares of the firm'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 sale, the insider directly owned 11,944 shares in the company, valued at $4,398,975.20. This trade represents a 39.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Justin Binns sold 13,500 shares of Sherwin-Williams stock in a transaction dated 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 directly 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 SEC filing for this sale provides additional information. 0.23% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

SHW has been the subject of a number of research reports. Morgan Stanley reissued an "overweight" rating and set a $395.00 price objective (up from $385.00) on shares of Sherwin-Williams in a research report on Wednesday, July 29th. Guggenheim assumed coverage on Sherwin-Williams in a research note on Monday, August 3rd. They issued a "buy" rating and a $400.00 price target for the company. Stephens cut their price objective on shares of Sherwin-Williams from $375.00 to $353.00 and set a "hold" rating on the stock in a research report on Tuesday, September 22nd. Mizuho set a $396.00 target price on shares of Sherwin-Williams and gave the stock an "outperform" rating in a research report on Thursday, September 24th. Finally, Melius Research began coverage on shares of Sherwin-Williams in a report on Tuesday. They set a "hold" rating and a $367.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and ten have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $383.57.

Sherwin-Williams Price Performance

Shares of Sherwin-Williams stock opened at $319.52 on Friday. 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 firm has a fifty day simple moving average of $337.02 and a 200-day simple moving average of $327.95. The stock has a market capitalization of $77.57 billion, a price-to-earnings ratio of 29.45, a PEG ratio of 2.39 and a beta of 1.08. The Sherwin-Williams Company has a 1-year low of $289.86 and a 1-year high of $377.77.

Sherwin-Williams (NYSE:SHW - Get Free Report) last released its 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. The firm had revenue of $6.79 billion during 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%. The business's revenue was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.38 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. On average, sell-side analysts expect that The Sherwin-Williams Company will post 12.09 earnings per share for the current year.

Sherwin-Williams Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 11th. Shareholders of record on Friday, August 21st were given a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Friday, August 21st. Sherwin-Williams's payout ratio is currently 29.49%.

Sherwin-Williams Profile

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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