Meeder Advisory Services Inc. Acquires New Holdings in The Sherwin-Williams Company $SHW

Meeder Advisory Services Inc. acquired a new position in The Sherwin-Williams Company (NYSE:SHW) during the second quarter, HoldingsChannel.com reports. The fund acquired 6,165 shares of the specialty chemicals company’s stock, valued at approximately $2,123,000.

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

Sherwin-Williams Stock Performance

Shares of SHW opened at $345.62 on Wednesday. The company has a debt-to-equity ratio of 2.16, a quick ratio of 0.46 and a current ratio of 0.73. The stock has a 50-day moving average of $337.99 and a two-hundred day moving average of $332.78. The stock has a market cap of $83.90 billion, a P/E ratio of 31.85, a P/E/G ratio of 2.68 and a beta of 1.10. The Sherwin-Williams Company has a one year low of $289.86 and a one year high of $379.65.

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

Sherwin-Williams Announces Dividend

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

Insider Transactions at Sherwin-Williams

In other Sherwin-Williams news, insider Karl J. Jorgenrud sold 7,886 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $368.30, for a total transaction of $2,904,413.80. Following the completion of the transaction, the insider directly owned 11,944 shares of the company’s stock, valued at approximately $4,398,975.20. This trade represents a 39.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.23% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on SHW. The Goldman Sachs Group set a $420.00 target price on Sherwin-Williams in a research report on Wednesday, July 29th. Wells Fargo & Company set a $360.00 price target on Sherwin-Williams and gave the stock an “equal weight” rating in a research note on Wednesday, July 29th. Guggenheim initiated coverage on shares of Sherwin-Williams in a report on Monday, August 3rd. They set a “buy” rating and a $400.00 price objective on the stock. Berenberg Bank set a $380.00 price objective on shares of Sherwin-Williams in a research report on Monday, June 8th. Finally, Weiss Ratings upgraded shares of Sherwin-Williams from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Nine analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $385.44.

Sherwin-Williams 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.