Vest Financial LLC boosted its holdings in The Sherwin-Williams Company (NYSE:SHW – Free Report) by 5.6% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 153,175 shares of the specialty chemicals company’s stock after buying an additional 8,055 shares during the quarter. Vest Financial LLC owned approximately 0.06% of Sherwin-Williams worth $49,517,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Axxcess Wealth Management LLC grew its position in shares of Sherwin-Williams by 50.8% in the 3rd quarter. Axxcess Wealth Management LLC now owns 1,345 shares of the specialty chemicals company’s stock valued at $435,000 after buying an additional 453 shares during the last quarter. Albion Financial Group UT raised its position in shares of Sherwin-Williams by 520.0% during the third quarter. Albion Financial Group UT now owns 403 shares of the specialty chemicals company’s stock worth $130,000 after acquiring an additional 338 shares during the last quarter. Quadrant Capital Group LLC raised its position in shares of Sherwin-Williams by 2.9% during the third quarter. Quadrant Capital Group LLC now owns 4,576 shares of the specialty chemicals company’s stock worth $1,483,000 after acquiring an additional 129 shares during the last quarter. Robbins Farley lifted its stake in shares of Sherwin-Williams by 8.3% in the third quarter. Robbins Farley now owns 14,719 shares of the specialty chemicals company’s stock worth $4,758,000 after acquiring an additional 1,124 shares during the period. Finally, Pinnacle Associates Ltd. lifted its stake in shares of Sherwin-Williams by 0.8% in the third quarter. Pinnacle Associates Ltd. now owns 19,560 shares of the specialty chemicals company’s stock worth $6,323,000 after acquiring an additional 153 shares during the period. Institutional investors own 77.67% of the company’s stock.
Insider Activity
In related news, insider Karl Jorgenrud sold 7,886 shares of Sherwin-Williams stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $368.30, for a total value of $2,904,413.80. Following the sale, 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Justin T. Binns sold 13,500 shares of the business’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $352.70, for a total value of $4,761,450.00. Following the completion of the sale, the insider owned 21,937 shares in the company, valued at approximately $7,737,179.90. The trade was a 38.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.23% of the company’s stock.
Sherwin-Williams Trading Up 0.4%
Shares of Sherwin-Williams stock opened at $337.23 on Thursday. The stock has a market capitalization of $81.86 billion, a PE ratio of 31.08, a price-to-earnings-growth ratio of 2.62 and a beta of 1.08. The Sherwin-Williams Company has a 52 week low of $289.86 and a 52 week high of $377.77. The stock has a 50 day moving average price of $331.84 and a two-hundred day moving average price of $328.71. The company has a debt-to-equity ratio of 2.16, a quick ratio of 0.46 and a current ratio of 0.73.
Sherwin-Williams (NYSE:SHW – Get Free Report) last released its quarterly earnings data 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. 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 analyst estimates of $6.60 billion. During the same period last year, the firm earned $3.38 earnings per share. The business’s quarterly 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 anticipate that The Sherwin-Williams Company will post 12.07 earnings per share for the current fiscal year.
Sherwin-Williams Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Friday, November 13th will be issued a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Friday, November 13th. Sherwin-Williams’s dividend payout ratio (DPR) is 29.49%.
Wall Street Analysts Forecast Growth
A number of analysts have weighed in on SHW shares. Jefferies Financial Group reissued a “hold” rating and set a $375.00 target price (up from $360.00) on shares of Sherwin-Williams in a research report on Tuesday, July 28th. KeyCorp assumed coverage on shares of Sherwin-Williams in a research report on Thursday, September 10th. They issued a “sector weight” rating on the stock. Rothschild & Co Redburn upped their price objective on shares of Sherwin-Williams from $410.00 to $420.00 and gave the company a “buy” rating in a research note on Tuesday, August 18th. DA Davidson set a $400.00 price objective on shares of Sherwin-Williams and gave the stock a “buy” rating in a research report on Monday, August 24th. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Sherwin-Williams in a research note on Monday, September 28th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, Sherwin-Williams presently has a consensus rating of “Moderate Buy” and a consensus target price of $382.08.
View Our Latest Stock Analysis on Sherwin-Williams
Sherwin-Williams Profile
The Sherwin-Williams Company (NYSE: SHW) develops, manufactures, distributes and sells paints, coatings and related products. Its offerings include architectural paints, industrial coatings, wood finishes, protective coatings, automotive refinishing products, floor coatings and related supplies marketed under brands such as Sherwin-Williams, Valspar, Minwax, Krylon and Dutch Boy.
Founded in 1866 and headquartered in Cleveland, Ohio, Sherwin-Williams serves professional contractors, do-it-yourself consumers, industrial manufacturers, commercial businesses and other customers.
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