UNIVEST FINANCIAL Corp Acquires New Position in The Sherwin-Williams Company $SHW

Key Points

• Univest Financial acquired 29,118 shares of Sherwin-Williams during the second quarter, valued at approximately $10 million. Institutional investors collectively own 77.67% of the company.
• Sherwin-Williams reported quarterly earnings of $3.70 per share and revenue of $6.79 billion, exceeding analyst expectations; revenue increased 7.5% year over year. The company guided to fiscal 2026 earnings of $11.80–$12.20 per share.
• The company declared a quarterly dividend of $0.80 per share, or $3.20 annually, representing a 0.9% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $385.44.

UNIVEST FINANCIAL Corp bought a new position in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 29,118 shares of the specialty chemicals company's stock, valued at approximately $10,026,000.

Other hedge funds have also modified their holdings of the company. BlackRock Inc. bought a new stake in shares of Sherwin-Williams during the 2nd quarter valued at $6,100,083,000. Norges Bank purchased a new stake in Sherwin-Williams in the 4th quarter worth $1,089,450,000. Bank of New York Mellon Corp bought a new stake in Sherwin-Williams during the second quarter valued at about $547,097,000. Viking Global Investors LP lifted its position in shares of Sherwin-Williams by 101.4% in the second quarter. Viking Global Investors LP now owns 1,957,750 shares of the specialty chemicals company's stock valued at $672,213,000 after acquiring an additional 985,520 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Sherwin-Williams during the second quarter worth about $297,600,000. 77.67% of the stock is currently owned by institutional investors.

Sherwin-Williams Trading Down 2.7%

Shares of SHW stock opened at $349.57 on Tuesday. The company has a market cap of $84.86 billion, a PE ratio of 32.22, a price-to-earnings-growth ratio of 2.68 and a beta of 1.10. The Sherwin-Williams Company has a 1 year low of $289.86 and a 1 year high of $379.65. The stock's 50 day simple moving average is $337.29 and its two-hundred day simple moving average is $332.81. The company has a debt-to-equity ratio of 2.16, a current ratio of 0.73 and a quick ratio of 0.46.

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, beating the consensus estimate of $3.52 by $0.18. The firm had revenue of $6.79 billion for the quarter, compared to the consensus estimate of $6.60 billion. Sherwin-Williams had a return on equity of 67.97% and a net margin of 11.01%.The company's revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.38 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. Research analysts predict that The Sherwin-Williams Company will post 12.08 earnings per share for the current year.

Sherwin-Williams Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 21st will be issued a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, August 21st. Sherwin-Williams's dividend payout ratio (DPR) is 29.49%.

Insider Activity at Sherwin-Williams

In related news, insider Karl J. Jorgenrud sold 7,886 shares of the company's stock in a transaction dated 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 transaction, the insider directly owned 11,944 shares in the company, valued at approximately $4,398,975.20. This represents a 39.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.23% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Bank of America lowered their price target on Sherwin-Williams from $370.00 to $365.00 and set a "neutral" rating on the stock in a report on Tuesday, April 21st. 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. Citigroup reiterated a "buy" rating on shares of Sherwin-Williams in a research note on Wednesday, July 29th. JPMorgan Chase & Co. raised their price objective on Sherwin-Williams from $365.00 to $380.00 and gave the company an "overweight" rating in a research report on Wednesday, July 29th. Finally, Weiss Ratings raised Sherwin-Williams from a "hold (c)" rating to a "hold (c+)" rating in a research note on Friday, July 31st. 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, Sherwin-Williams currently has a consensus rating of "Moderate Buy" and an average target price of $385.44.

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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