Wellington Management Group LLP Grows Position in The Sherwin-Williams Company $SHW

Key Points

• Wellington Management increased its Sherwin-Williams stake by 133.7% in the second quarter, purchasing 1.59 million additional shares to own 2.78 million shares valued at approximately $958.8 million. Institutional investors collectively hold 77.67% of SHW.
• Sherwin-Williams exceeded quarterly expectations, reporting $3.70 in EPS and $6.79 billion in revenue, with revenue rising 7.5% year over year. The company reaffirmed fiscal 2026 EPS guidance of $11.80–$12.20.
• SHW shares opened at $344.92, while analysts maintain a “Moderate Buy” consensus with an average price target of $386.29. The company also declared a quarterly dividend of $0.80 per share, equal to a 0.9% annualized yield.

Wellington Management Group LLP lifted its position in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) by 133.7% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,784,679 shares of the specialty chemicals company's stock after purchasing an additional 1,593,009 shares during the quarter. Wellington Management Group LLP owned about 1.15% of Sherwin-Williams worth $958,821,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Archer Investment Corp bought a new position in Sherwin-Williams in the second quarter worth $67,000. Kingsview Wealth Management LLC bought a new stake in shares of Sherwin-Williams during the 2nd quarter valued at $619,000. Beacon Pointe Advisors LLC purchased a new stake in shares of Sherwin-Williams in the 2nd quarter worth about $2,442,000. Pin Oak Investment Advisors Inc. purchased a new stake in shares of Sherwin-Williams in the 2nd quarter worth about $161,000. Finally, Livforsakringsbolaget Skandia Omsesidigt bought a new position in shares of Sherwin-Williams in the 2nd quarter worth about $417,000. 77.67% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Sherwin-Williams

In other Sherwin-Williams news, insider Karl J. Jorgenrud sold 7,886 shares of the business's stock in a transaction dated 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 approximately $4,398,975.20. The trade was a 39.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Justin T. Binns sold 13,500 shares of the company's stock in a transaction dated 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 transaction, the insider owned 21,937 shares in the company, valued at $7,737,179.90. This represents a 38.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.23% of the company's stock.

Sherwin-Williams Price Performance

Shares of SHW opened at $344.92 on Friday. The Sherwin-Williams Company has a twelve month low of $289.86 and a twelve month high of $377.77. The company has a market capitalization of $83.73 billion, a P/E ratio of 31.79, a price-to-earnings-growth ratio of 2.57 and a beta of 1.10. The firm has a 50 day moving average of $342.90 and a 200 day moving average of $332.31. 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 issued its earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 EPS for the quarter, beating the consensus estimate of $3.52 by $0.18. The business 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 was up 7.5% compared to the same quarter last year. During the same period last year, the business posted $3.38 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. As a group, equities research analysts anticipate that The Sherwin-Williams Company will post 12.08 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 21st will be given 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 dividend yield of 0.9%. Sherwin-Williams's dividend payout ratio (DPR) is 29.49%.

Analyst Ratings Changes

A number of brokerages recently issued reports on SHW. Citigroup reissued a "buy" rating on shares of Sherwin-Williams in a research report on Wednesday, July 29th. 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. UBS Group reiterated a "neutral" rating and set a $390.00 target price on shares of Sherwin-Williams in a report on Wednesday, July 29th. Evercore reissued an "outperform" rating on shares of Sherwin-Williams in a research report on Friday, May 8th. Finally, Morgan Stanley restated an "overweight" rating and issued a $395.00 price target (up from $385.00) on shares of Sherwin-Williams in a research note on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, Sherwin-Williams presently has a consensus rating of "Moderate Buy" and an average target price of $386.29.

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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