Wealthfront Advisers LLC Makes New Investment in The Sherwin-Williams Company $SHW

Key Points

• Wealthfront Advisers acquired 22,581 Sherwin-Williams shares worth approximately $7.8 million in the second quarter. Institutional investors own 77.67% of SHW, with BlackRock, Norges Bank and other major firms also adding or increasing positions.
• Sherwin-Williams exceeded quarterly earnings and revenue expectations, reporting $3.70 in EPS and $6.79 billion in revenue, with revenue up 7.5% year over year. The company reaffirmed fiscal 2026 EPS guidance of $11.80–$12.20.
• Shares opened at $353.16, while analysts maintain a “Moderate Buy” consensus and an average price target of $385.44. The company declared a quarterly dividend of $0.80 per share, although two insiders recently sold shares.

Wealthfront Advisers LLC acquired a new stake in The Sherwin-Williams Company (NYSE:SHW - Free Report) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 22,581 shares of the specialty chemicals company's stock, valued at approximately $7,775,000.

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

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Insiders Place Their Bets

In related news, insider Justin T. Binns sold 13,500 shares of the business's 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 completion of the transaction, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Karl J. Jorgenrud sold 7,886 shares of the company's stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $368.30, for a total transaction of $2,904,413.80. Following the sale, the insider directly owned 11,944 shares of the company's stock, valued at $4,398,975.20. This represents a 39.77% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.23% of the company's stock.

Sherwin-Williams Stock Performance

Shares of NYSE:SHW opened at $353.16 on Thursday. The Sherwin-Williams Company has a 12-month low of $289.86 and a 12-month high of $379.65. The company's 50 day moving average price is $338.97 and its two-hundred day moving average price is $332.77. The firm has a market cap of $85.73 billion, a PE ratio of 32.55, a PEG ratio of 2.57 and a beta of 1.10. The company has a quick ratio of 0.46, a current ratio of 0.73 and a debt-to-equity ratio of 2.16.

Sherwin-Williams (NYSE:SHW - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share for the quarter, beating analysts' consensus estimates of $3.52 by $0.18. The company had revenue of $6.79 billion during the quarter, compared to the consensus estimate of $6.60 billion. Sherwin-Williams had a net margin of 11.01% and a return on equity of 67.97%. The firm's quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the business earned $3.38 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. Equities research analysts predict that The Sherwin-Williams Company will post 12.08 earnings per share for the current year.

Sherwin-Williams Dividend Announcement

The business also recently disclosed 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. 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 payout ratio is currently 29.49%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Morgan Stanley reiterated an "overweight" rating and set a $395.00 target price (up from $385.00) on shares of Sherwin-Williams in a research note on Wednesday, July 29th. JPMorgan Chase & Co. boosted 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. Royal Bank Of Canada reaffirmed 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. UBS Group reiterated a "neutral" rating and set a $390.00 price objective on shares of Sherwin-Williams in a research report on Wednesday, July 29th. Finally, Citigroup reissued a "buy" rating on shares of Sherwin-Williams in a report on Wednesday, July 29th. Nine analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $385.44.

Sherwin-Williams 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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