Van Hulzen Asset Management LLC Purchases New Holdings in The Sherwin-Williams Company $SHW

Key Points

• Van Hulzen Asset Management acquired 3,296 Sherwin-Williams shares during the second quarter, worth approximately $1.14 million. Institutional investors and hedge funds collectively own 77.67% of SHW.
• 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 maintained fiscal 2026 EPS guidance of $11.80–$12.20.
• Analysts hold a “Moderate Buy” consensus rating with an average price target of $386.29, compared with the stock’s opening price of $346.78. The company also declared a quarterly dividend of $0.80 per share, yielding approximately 0.9% annually.

Van Hulzen Asset Management LLC acquired a new position in The Sherwin-Williams Company (NYSE:SHW - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 3,296 shares of the specialty chemicals company's stock, valued at approximately $1,135,000.

A number of other hedge funds have also made changes to their positions in the company. Fiduciary Financial Advisors acquired a new stake in shares of Sherwin-Williams in the second quarter worth approximately $38,000. Manning & Napier Advisors LLC acquired a new position in Sherwin-Williams in the 2nd quarter valued at $141,000. L2 Asset Management LLC purchased a new position in Sherwin-Williams in the 2nd quarter valued at $451,000. Dearborn Partners LLC acquired a new stake in Sherwin-Williams during the 2nd quarter worth $28,013,000. Finally, Cibc World Market Inc. acquired a new stake in Sherwin-Williams during the 2nd quarter worth $9,687,000. Institutional investors and hedge funds own 77.67% of the company's stock.

Insider Activity

In related news, insider Justin T. 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 transaction, the insider directly owned 21,937 shares in the company, valued at approximately $7,737,179.90. This represents a 38.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Karl J. Jorgenrud sold 7,886 shares of the stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $368.30, for a total value of $2,904,413.80. Following the completion of the transaction, the insider owned 11,944 shares of the company's stock, valued at $4,398,975.20. The trade was a 39.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.23% of the company's stock.

Wall Street Analyst Weigh In

SHW has been the subject of a number of recent research reports. The Goldman Sachs Group set a $420.00 target price on shares of Sherwin-Williams in a research report on Wednesday, July 29th. DA Davidson set a $400.00 price target on shares of Sherwin-Williams in a research report on Monday. Citigroup reaffirmed a "buy" rating on shares of Sherwin-Williams in a research note on Wednesday, July 29th. BMO Capital Markets reissued an "outperform" rating and issued a $405.00 target price (up from $400.00) on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Finally, Royal Bank Of Canada restated an "outperform" rating and set a $405.00 target price (up from $391.00) on shares of Sherwin-Williams in a report on Wednesday, July 8th. Nine equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $386.29.

Sherwin-Williams Stock Up 0.1%

Shares of SHW opened at $346.78 on Tuesday. The Sherwin-Williams Company has a 52-week low of $289.86 and a 52-week high of $377.77. 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 stock has a fifty day simple moving average of $340.68 and a two-hundred day simple moving average of $332.55. The company has a market capitalization of $84.19 billion, a PE ratio of 31.96, a price-to-earnings-growth ratio of 2.58 and a beta of 1.10.

Sherwin-Williams (NYSE:SHW - Get Free Report) last announced its quarterly 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. Sherwin-Williams had a net margin of 11.01% and a return on equity of 67.97%. The firm had revenue of $6.79 billion for the quarter, compared to analysts' expectations of $6.60 billion. During the same quarter in the previous year, the company posted $3.38 EPS. The company's revenue was up 7.5% compared to the same quarter last year. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. As a group, equities analysts forecast that The Sherwin-Williams Company will post 12.08 EPS for the current year.

Sherwin-Williams Announces Dividend

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source