Varma Mutual Pension Insurance Co Buys Shares of 47,893 The Sherwin-Williams Company $SHW

Key Points

• Varma Mutual Pension Insurance Co. acquired 47,893 Sherwin-Williams shares during the second quarter, valued at approximately $16.5 million. Institutional investors and hedge funds collectively own 77.67% of the company.
• Sherwin-Williams exceeded quarterly expectations, reporting $3.70 in earnings per share and $6.79 billion in revenue, up 7.5% year over year. The company issued fiscal 2026 EPS guidance of $11.80–$12.20.
• Analysts maintain a “Moderate Buy” consensus rating with an average price target of $385.44, while two insiders recently sold shares. The company also declared a quarterly dividend of $0.80 per share, yielding approximately 0.9%.

Varma Mutual Pension Insurance Co acquired a new position in The Sherwin-Williams Company (NYSE:SHW - Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 47,893 shares of the specialty chemicals company's stock, valued at approximately $16,491,000.

Several other large investors have also recently added to or reduced their stakes in the business. Wilkerson Advisory Group LLC grew its position in 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 buying an additional 50 shares in the last quarter. Ares Financial Consulting LLC bought a new stake in shares of Sherwin-Williams during the 4th quarter worth about $27,000. Lloyd Advisory Services LLC. acquired a new stake in shares of Sherwin-Williams in the 4th quarter worth approximately $27,000. Whipplewood Advisors LLC acquired a new stake in shares of Sherwin-Williams in the 1st quarter worth approximately $28,000. Finally, Tacita Capital Inc bought a new position in shares of Sherwin-Williams in the second quarter valued at approximately $30,000. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Sherwin-Williams

In related news, insider Karl J. Jorgenrud sold 7,886 shares of the firm's 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 transaction, the insider directly owned 11,944 shares of the company's stock, valued at approximately $4,398,975.20. This trade represents a 39.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Justin T. Binns sold 13,500 shares of the business's stock in a transaction on Monday, August 17th. The stock was sold at an average price of $352.70, for a total transaction of $4,761,450.00. Following the completion of the sale, the insider 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 SEC filing for this sale provides additional information. 0.23% of the stock is owned by insiders.

Sherwin-Williams Trading Up 0.0%

NYSE:SHW opened at $347.02 on Friday. The company has a market capitalization of $84.24 billion, a P/E ratio of 31.98, a P/E/G ratio of 2.58 and a beta of 1.10. The stock's 50 day moving average price is $340.16 and its 200 day moving average price is $332.81. The company has a debt-to-equity ratio of 2.16, a quick ratio of 0.46 and a current ratio of 0.73. The Sherwin-Williams Company has a 52 week low of $289.86 and a 52 week high of $379.65.

Sherwin-Williams (NYSE:SHW - Get Free Report) last posted its earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 EPS for the quarter, topping 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 company had revenue of $6.79 billion during the quarter, compared to the consensus estimate of $6.60 billion. During the same period in the previous year, the firm posted $3.38 earnings per share. The company's revenue for the quarter 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. On average, research analysts forecast that The Sherwin-Williams Company will post 12.08 EPS for the current fiscal year.

Sherwin-Williams Dividend Announcement

The business 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 dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 0.9%. The ex-dividend date is Friday, August 21st. Sherwin-Williams's dividend payout ratio (DPR) is 29.49%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on SHW shares. JPMorgan Chase & Co. increased their price target on Sherwin-Williams from $365.00 to $380.00 and gave the company an "overweight" rating in a research note on Wednesday, July 29th. Wells Fargo & Company set a $360.00 price objective on Sherwin-Williams and gave the company an "equal weight" rating in a report on Wednesday, July 29th. Royal Bank Of Canada reaffirmed 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. Morgan Stanley reiterated an "overweight" rating and issued a $395.00 price target (up from $385.00) on shares of Sherwin-Williams in a research report on Wednesday, July 29th. Finally, Jefferies Financial Group reissued a "hold" rating and issued a $375.00 price target on shares of Sherwin-Williams in a report on Tuesday, July 28th. Nine equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $385.44.

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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