William John Sempolinski Takes $2.46 Million Position in The Sherwin-Williams Company $SHW

Key Points

• William John Sempolinski acquired 7,133 Sherwin-Williams shares worth approximately $2.46 million, making SHW about 1% of the portfolio. Institutional investors collectively own 77.67% of the company.
• Analysts maintain a positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $386.29. Recent quarterly earnings beat expectations, with $3.70 EPS and $6.79 billion in revenue.
• Sherwin-Williams declared a quarterly dividend of $0.80 per share, equivalent to $3.20 annually and a 1.0% yield. Meanwhile, two company insiders recently sold shares, reducing their individual holdings by roughly 38% to 40%.

William John Sempolinski acquired a new position in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 7,133 shares of the specialty chemicals company's stock, valued at approximately $2,456,000. Sherwin-Williams comprises about 1.0% of William John Sempolinski's investment portfolio, making the stock its 23rd largest holding.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SHW. BlackRock Inc. acquired a new position in shares of Sherwin-Williams in the second quarter worth $6,100,083,000. State Street Corp boosted its stake in shares of Sherwin-Williams by 2.4% during the fourth quarter. State Street Corp now owns 15,638,974 shares of the specialty chemicals company's stock valued at $5,067,497,000 after acquiring an additional 364,832 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Sherwin-Williams by 0.7% during the fourth quarter. Geode Capital Management LLC now owns 5,231,615 shares of the specialty chemicals company's stock valued at $1,687,498,000 after acquiring an additional 37,145 shares during the last quarter. Norges Bank purchased a new stake in Sherwin-Williams during the 4th quarter worth about $1,089,450,000. Finally, Viking Global Investors LP increased its position in Sherwin-Williams by 10.1% during the 4th quarter. Viking Global Investors LP now owns 3,172,308 shares of the specialty chemicals company's stock worth $1,027,923,000 after purchasing an additional 291,217 shares in the last quarter. Hedge funds and other institutional investors own 77.67% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on SHW shares. Evercore restated an "outperform" rating on shares of Sherwin-Williams in a report on Friday, May 8th. The Goldman Sachs Group set a $420.00 price target on shares of Sherwin-Williams in a report on Wednesday, July 29th. Citigroup reissued a "buy" rating on shares of Sherwin-Williams in a research note on Wednesday, July 29th. BMO Capital Markets restated an "outperform" rating and set a $405.00 target price (up from $400.00) on shares of Sherwin-Williams in a research report on Wednesday, July 29th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Sherwin-Williams from $365.00 to $380.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $386.29.

Insider Transactions at Sherwin-Williams

In related news, insider Karl J. Jorgenrud sold 7,886 shares of the firm'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 in the company, valued at approximately $4,398,975.20. This trade represents a 39.77% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Justin Binns sold 13,500 shares of the business'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 $7,737,179.90. This trade represents a 38.10% 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.

Sherwin-Williams Price Performance

Sherwin-Williams stock opened at $333.51 on Friday. The Sherwin-Williams Company has a 52-week low of $289.86 and a 52-week high of $377.77. The firm has a fifty day moving average of $343.07 and a 200-day moving average of $331.14. The firm has a market capitalization of $80.96 billion, a P/E ratio of 30.74, a PEG ratio of 2.47 and a beta of 1.09. 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 posted 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. Sherwin-Williams had a net margin of 11.01% and a return on equity of 67.97%. The business had revenue of $6.79 billion for the quarter, compared to analyst estimates of $6.60 billion. During the same quarter in the previous year, the business posted $3.38 EPS. The business's quarterly revenue was up 7.5% on a year-over-year basis. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. As a group, analysts predict that The Sherwin-Williams Company will post 12.08 EPS 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 paid a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Friday, August 21st. Sherwin-Williams's payout ratio is currently 29.49%.

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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