Triton Financial Group Inc Purchases Shares of 4,296 The Sherwin-Williams Company $SHW

Key Points

• Triton Financial Group initiated a position in Sherwin-Williams, buying 4,296 shares valued at approximately $1.48 million. Institutional investors and hedge funds collectively own 77.67% of the company.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $386.29, above the stock’s recent $345.20 price.
• Sherwin-Williams exceeded quarterly expectations, reporting $3.70 in EPS and $6.79 billion in revenue, while revenue grew 7.5% year over year. The company also declared a quarterly dividend of $0.80 per share, equal to a 0.9% annual yield.

Triton Financial Group Inc purchased a new position in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 4,296 shares of the specialty chemicals company's stock, valued at approximately $1,479,000.

A number of other large investors also recently modified their holdings of SHW. Proficio Capital Partners LLC bought a new position in shares of Sherwin-Williams in the 2nd quarter valued at about $548,000. Pure Financial Advisors LLC bought a new stake in Sherwin-Williams during the second quarter worth about $2,708,000. Transamerica Financial Advisors LLC bought a new stake in Sherwin-Williams during the second quarter worth about $177,000. Sanchez Levi Garrett acquired a new position in Sherwin-Williams during the second quarter valued at approximately $347,000. Finally, Corient Private Wealth LP acquired a new position in Sherwin-Williams during the second quarter valued at approximately $50,572,000. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Sherwin-Williams

In other Sherwin-Williams news, insider Justin T. Binns sold 13,500 shares of Sherwin-Williams stock in a transaction on Monday, August 17th. The shares were sold at an average price of $352.70, for a total transaction of $4,761,450.00. Following the completion of the transaction, the insider directly owned 21,937 shares of the company's stock, valued at $7,737,179.90. The trade was a 38.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Karl J. Jorgenrud sold 7,886 shares of the company's stock in a transaction 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 completion of the transaction, the insider owned 11,944 shares in the company, valued at approximately $4,398,975.20. This represents a 39.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.23% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. JPMorgan Chase & Co. boosted their price target on Sherwin-Williams from $365.00 to $380.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 29th. Royal Bank Of Canada reissued an "outperform" rating and issued a $405.00 price objective (up from $391.00) on shares of Sherwin-Williams in a report on Wednesday, July 8th. The Goldman Sachs Group set a $420.00 target price on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Weiss Ratings upgraded shares of Sherwin-Williams from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday. Finally, Wells Fargo & Company set a $360.00 price target on shares of Sherwin-Williams and gave the stock an "equal weight" rating in a research report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, Sherwin-Williams presently has a consensus rating of "Moderate Buy" and a consensus target price of $386.29.

Sherwin-Williams Price Performance

Shares of NYSE SHW opened at $345.20 on Friday. 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 business's 50 day moving average price is $342.43 and its two-hundred day moving average price is $332.22. The company has a market cap of $83.80 billion, a PE ratio of 31.82, a price-to-earnings-growth ratio of 2.60 and a beta of 1.10. 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 released its quarterly earnings data 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. Sherwin-Williams had a return on equity of 67.97% and a net margin of 11.01%.The company had revenue of $6.79 billion during the quarter, compared to analysts' expectations of $6.60 billion. During the same period last year, the firm posted $3.38 earnings per share. The business's revenue was up 7.5% on a year-over-year basis. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. On average, analysts predict that The Sherwin-Williams Company will post 12.08 EPS for the current year.

Sherwin-Williams Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 21st will be issued a dividend of $0.80 per share. The ex-dividend date of this dividend is Friday, August 21st. This represents a $3.20 annualized dividend and a yield of 0.9%. Sherwin-Williams's dividend payout ratio (DPR) is currently 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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