3,397 Shares in The Sherwin-Williams Company $SHW Acquired by HBK Sorce Advisory LLC

HBK Sorce Advisory LLC bought a new position in shares of The Sherwin-Williams Company (NYSE:SHW) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 3,397 shares of the specialty chemicals company’s stock, valued at approximately $1,256,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SHW. Wilkerson Advisory Group LLC raised its position in shares of Sherwin-Williams by 172.4% in the first quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company’s stock valued at $25,000 after purchasing an additional 50 shares during the period. Ares Financial Consulting LLC bought a new stake in shares of Sherwin-Williams during the 4th quarter worth $27,000. Lloyd Advisory Services LLC. bought a new stake in shares of Sherwin-Williams during the 4th quarter worth $27,000. Whipplewood Advisors LLC acquired a new position in Sherwin-Williams in the 1st quarter valued at $28,000. Finally, Kemnay Advisory Services Inc. acquired a new position in Sherwin-Williams in the 4th quarter valued at $30,000. Institutional investors and hedge funds own 77.67% of the company’s stock.

Sherwin-Williams Trading Down 0.2%

Shares of SHW stock opened at $358.40 on Monday. The firm has a market capitalization of $87.01 billion, a P/E ratio of 33.03, a price-to-earnings-growth ratio of 2.68 and a beta of 1.10. The Sherwin-Williams Company has a 1 year low of $289.86 and a 1 year high of $379.65. The firm’s fifty day simple moving average is $336.29 and its 200 day simple moving average is $332.78. The company has a current ratio of 0.73, a quick ratio of 0.46 and a debt-to-equity ratio of 2.16.

Sherwin-Williams (NYSE:SHW) last issued its quarterly earnings results 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. The firm had revenue of $6.79 billion during the quarter, compared to the consensus estimate of $6.60 billion. Sherwin-Williams had a net margin of 11.01% and a return on equity of 67.97%. The business’s revenue was up 7.5% on a year-over-year basis. During the same period in the prior year, the firm earned $3.38 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. As a group, sell-side analysts predict that The Sherwin-Williams Company will post 12.08 EPS for the current year.

Sherwin-Williams Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 21st will be paid a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, August 21st. Sherwin-Williams’s dividend payout ratio (DPR) is presently 29.49%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on SHW. Wells Fargo & Company set a $360.00 target price on shares of Sherwin-Williams and gave the stock an “equal weight” rating in a research report on Wednesday, July 29th. JPMorgan Chase & Co. raised their price target on Sherwin-Williams from $365.00 to $380.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. UBS Group reiterated a “neutral” rating and issued a $390.00 price objective on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Bank of America dropped their price objective on Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 21st. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $405.00 price objective (up from $391.00) on shares of Sherwin-Williams in a research report on Wednesday, July 8th. Nine investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $385.44.

Insider Buying and Selling at Sherwin-Williams

In related news, insider Karl J. Jorgenrud sold 7,886 shares of the stock in a transaction dated 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 completion of the sale, the insider owned 11,944 shares in the company, valued at approximately $4,398,975.20. This trade represents a 39.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.23% of the company’s stock.

Sherwin-Williams Company 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.