Geode Capital Management LLC Increases Stake in The Sherwin-Williams Company $SHW

Posted by Brenda Bartman on May 29th, 2026

Geode Capital Management LLC grew its position in shares of The Sherwin-Williams Company (NYSE:SHW – Free Report) by 0.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 5,231,615 shares of the specialty chemicals company’s stock after buying an additional 37,145 shares during the period. Geode Capital Management LLC’s holdings in Sherwin-Williams were worth $1,687,498,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in SHW. Viking Global Investors LP grew its stake in shares of Sherwin-Williams by 101.4% during the 2nd quarter. Viking Global Investors LP now owns 1,957,750 shares of the specialty chemicals company’s stock worth $672,213,000 after purchasing an additional 985,520 shares during the period. Vanguard Group Inc. grew its stake in shares of Sherwin-Williams by 2.7% during the 4th quarter. Vanguard Group Inc. now owns 23,237,824 shares of the specialty chemicals company’s stock worth $7,529,752,000 after purchasing an additional 600,119 shares during the period. Assenagon Asset Management S.A. grew its stake in shares of Sherwin-Williams by 424.2% during the 4th quarter. Assenagon Asset Management S.A. now owns 547,583 shares of the specialty chemicals company’s stock worth $177,433,000 after purchasing an additional 443,119 shares during the period. Alyeska Investment Group L.P. acquired a new position in shares of Sherwin-Williams during the 3rd quarter worth $104,826,000. Finally, PBCay One RSC Ltd acquired a new position in shares of Sherwin-Williams during the 4th quarter worth $92,275,000. 77.67% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on SHW shares. Zacks Research raised shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. UBS Group lowered their price target on shares of Sherwin-Williams from $420.00 to $380.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. Weiss Ratings cut shares of Sherwin-Williams from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, May 14th. Evercore reaffirmed an “outperform” rating on shares of Sherwin-Williams in a research note on Friday, May 8th. Finally, Citigroup lowered their price target on shares of Sherwin-Williams from $410.00 to $385.00 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. Nine equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $375.33.

View Our Latest Analysis on Sherwin-Williams

Sherwin-Williams Price Performance

Shares of NYSE SHW opened at $305.01 on Friday. The stock has a market cap of $75.23 billion, a price-to-earnings ratio of 29.27, a PEG ratio of 2.68 and a beta of 1.16. The Sherwin-Williams Company has a 52 week low of $294.32 and a 52 week high of $379.65. The company’s 50-day moving average price is $319.75 and its 200 day moving average price is $334.49. The company has a current ratio of 0.86, a quick ratio of 0.53 and a debt-to-equity ratio of 2.10.

Sherwin-Williams (NYSE:SHW – Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 EPS for the quarter, beating analysts’ consensus estimates of $2.27 by $0.08. The firm had revenue of $5.67 billion for the quarter, compared to analysts’ expectations of $5.56 billion. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The firm’s revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the company earned $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. As a group, research analysts forecast that The Sherwin-Williams Company will post 11.74 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, June 5th. Investors of record on Friday, May 22nd will be paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Friday, May 22nd. Sherwin-Williams’s dividend payout ratio is presently 30.71%.

About Sherwin-Williams

(Free Report)

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.