The Sherwin-Williams Company $SHW Stock Holdings Increased by National Pension Service

National Pension Service raised its position in shares of The Sherwin-Williams Company (NYSE:SHW) by 0.9% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 685,433 shares of the specialty chemicals company’s stock after buying an additional 6,086 shares during the quarter. National Pension Service owned about 0.28% of Sherwin-Williams worth $236,008,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in SHW. Fideuram Asset Management Ireland dac acquired a new position in shares of Sherwin-Williams in the 4th quarter valued at about $2,496,000. Kinsale Capital Group Inc. acquired a new stake in Sherwin-Williams during the fourth quarter worth about $4,805,000. Blueline Advisors LLC bought a new position in Sherwin-Williams in the fourth quarter worth about $1,694,000. BlackRock Inc. acquired a new position in Sherwin-Williams in the second quarter valued at approximately $6,100,083,000. Finally, Caisse de depot et placement du Quebec bought a new position in shares of Sherwin-Williams during the second quarter valued at approximately $5,473,000. Institutional investors and hedge funds own 77.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on SHW. Guggenheim began coverage on Sherwin-Williams in a research report on Monday, August 3rd. They set a “buy” rating and a $400.00 price objective for the company. Berenberg Bank set a $380.00 price target on shares of Sherwin-Williams in a report on Monday, June 8th. Morgan Stanley restated an “overweight” rating and set a $395.00 price target (up from $385.00) on shares of Sherwin-Williams in a research report on Wednesday, July 29th. Weiss Ratings raised shares of Sherwin-Williams from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, August 26th. Finally, UBS Group restated a “neutral” rating and issued a $390.00 target price on shares of Sherwin-Williams in a research report 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 company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $386.29.

Insider Buying and Selling at Sherwin-Williams

In other news, insider Karl Jorgenrud sold 7,886 shares of the stock in a transaction on 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 sale, the insider owned 11,944 shares in the company, valued at $4,398,975.20. This represents a 39.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Justin T. Binns sold 13,500 shares of the firm’s stock in a transaction 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 completion of the sale, the insider directly owned 21,937 shares of the company’s stock, valued at approximately $7,737,179.90. This trade represents a 38.10% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.23% of the stock is owned by insiders.

Sherwin-Williams Trading Down 1.0%

Shares of NYSE SHW opened at $317.42 on Friday. The Sherwin-Williams Company has a 12 month low of $289.86 and a 12 month high of $377.77. The company has a market cap of $77.06 billion, a price-to-earnings ratio of 29.25, a P/E/G ratio of 2.39 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. The business has a fifty day simple moving average of $341.31 and a 200-day simple moving average of $329.80.

Sherwin-Williams (NYSE:SHW) last released its earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share for the quarter, topping 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 the consensus estimate of $6.60 billion. During the same period last year, the firm posted $3.38 earnings per share. The firm’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. Sell-side analysts predict that The Sherwin-Williams Company will post 12.08 EPS for the current year.

Sherwin-Williams Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 21st will be given a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 1.0%. The ex-dividend date is Friday, August 21st. Sherwin-Williams’s payout ratio is presently 29.49%.

Sherwin-Williams Profile

The Sherwin-Williams Company (NYSE: SHW) develops, manufactures, distributes and sells paints, coatings, floorcoverings and related products. Its offerings serve professional contractors, industrial and commercial customers, retailers and do-it-yourself consumers, with products used in residential, commercial, industrial and infrastructure applications.

The company operates through three primary business segments: Paint Stores Group, which supplies professional painting contractors through company-operated stores; Consumer Brands Group, which markets products through home-improvement retailers and other channels; and Performance Coatings Group, which provides specialized coatings for industrial, automotive, aerospace, packaging and other markets.