Canoe Financial LP Decreases Position in The Sherwin-Williams Company $SHW

Posted by Brenda Bartman on Jun 29th, 2026

Canoe Financial LP lowered its stake in shares of The Sherwin-Williams Company (NYSE:SHW – Free Report) by 7.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 319,417 shares of the specialty chemicals company’s stock after selling 27,120 shares during the quarter. Canoe Financial LP’s holdings in Sherwin-Williams were worth $102,389,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Fideuram Asset Management Ireland dac acquired a new stake in Sherwin-Williams in the fourth quarter valued at approximately $2,496,000. Mairs & Power Inc. grew its holdings in Sherwin-Williams by 0.7% during the 3rd quarter. Mairs & Power Inc. now owns 464,043 shares of the specialty chemicals company’s stock worth $160,680,000 after acquiring an additional 3,430 shares in the last quarter. Westview Management dba Westview Investment Advisors purchased a new stake in shares of Sherwin-Williams in the 4th quarter valued at approximately $2,655,000. Regents Gate Capital LLP raised its holdings in shares of Sherwin-Williams by 51.9% in the 3rd quarter. Regents Gate Capital LLP now owns 9,175 shares of the specialty chemicals company’s stock valued at $3,177,000 after purchasing an additional 3,134 shares in the last quarter. Finally, Calamos Advisors LLC raised its holdings in shares of Sherwin-Williams by 5.4% in the 4th quarter. Calamos Advisors LLC now owns 180,602 shares of the specialty chemicals company’s stock valued at $58,520,000 after purchasing an additional 9,196 shares in the last quarter. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Weiss Ratings downgraded shares of Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 2nd. JPMorgan Chase & Co. cut their price target on Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 29th. Zacks Research raised Sherwin-Williams from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 31st. Royal Bank Of Canada lowered their price objective on Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating for the company in a research report on Thursday, March 19th. Finally, Mizuho decreased their target price on Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating for the company in a research note on Monday, March 23rd. Eight equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Sherwin-Williams currently has a consensus rating of “Moderate Buy” and a consensus price target of $368.69.

Get Our Latest Stock Analysis on SHW

Sherwin-Williams Trading Up 0.2%

NYSE SHW opened at $344.84 on Monday. The firm’s fifty day moving average price is $316.88 and its 200 day moving average price is $331.14. The Sherwin-Williams Company has a 12 month low of $289.86 and a 12 month high of $379.65. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.86 and a quick ratio of 0.53. The company has a market capitalization of $85.05 billion, a price-to-earnings ratio of 33.09, a price-to-earnings-growth ratio of 2.97 and a beta of 1.12.

Sherwin-Williams (NYSE:SHW – Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share for the quarter, beating analysts’ consensus estimates of $2.27 by $0.08. The firm had revenue of $5.67 billion during 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%. Sherwin-Williams’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the previous year, the company earned $2.25 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. On average, sell-side analysts expect that The Sherwin-Williams Company will post 11.77 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were issued a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Friday, May 22nd. Sherwin-Williams’s payout ratio is presently 30.71%.

Sherwin-Williams Profile

(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.