5,748 Shares in The Sherwin-Williams Company $SHW Acquired by Callan Family Office LLC

Callan Family Office LLC bought a new stake in The Sherwin-Williams Company (NYSE:SHW) during the second quarter, Holdings Channel.com reports. The firm bought 5,748 shares of the specialty chemicals company’s stock, valued at approximately $1,979,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Keating Financial Advisory Services Inc. acquired a new position in Sherwin-Williams in the second quarter valued at about $164,000. OneAscent Investment Solutions LLC acquired a new stake in Sherwin-Williams during the 2nd quarter worth approximately $272,000. OneAscent Wealth Management LLC purchased a new position in Sherwin-Williams in the second quarter valued at $770,000. OneAscent Family Office LLC purchased a new position in shares of Sherwin-Williams in the 2nd quarter valued at about $298,000. Finally, OneAscent Financial Services LLC purchased a new position in Sherwin-Williams in the second quarter worth approximately $588,000. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on SHW shares. Morgan Stanley reissued an “overweight” rating and issued a $395.00 target price (up from $385.00) on shares of Sherwin-Williams in a report on Wednesday, July 29th. Jefferies Financial Group reaffirmed a “hold” rating and set a $375.00 price objective on shares of Sherwin-Williams in a research report on Tuesday, July 28th. Berenberg Bank set a $380.00 price objective on Sherwin-Williams in a report on Monday, June 8th. UBS Group reiterated a “neutral” rating and issued a $390.00 price objective on shares of Sherwin-Williams in a report on Wednesday, July 29th. Finally, Citigroup reissued a “buy” rating on shares of Sherwin-Williams in a research report on Wednesday, July 29th. Nine research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $385.44.

Sherwin-Williams Price Performance

Shares of NYSE:SHW opened at $347.02 on Monday. The company’s fifty day moving average price is $340.16 and its 200 day moving average price is $332.64. 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 2.16, a current ratio of 0.73 and a quick ratio of 0.46. The firm has a market capitalization of $84.24 billion, a P/E ratio of 31.98, a P/E/G ratio of 2.58 and a beta of 1.10.

Sherwin-Williams (NYSE:SHW) last announced 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. Sherwin-Williams had a net margin of 11.01% and a return on equity of 67.97%. The firm had revenue of $6.79 billion during the quarter, compared to analysts’ expectations of $6.60 billion. During the same period in the previous year, the company earned $3.38 earnings per share. Sherwin-Williams’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. As a group, sell-side analysts predict that The Sherwin-Williams Company will post 12.08 earnings per share for the current fiscal year.

Sherwin-Williams Announces Dividend

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

Insider Buying and Selling

In related news, insider Karl J. Jorgenrud sold 7,886 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $368.30, for a total transaction of $2,904,413.80. Following the transaction, the insider owned 11,944 shares in the company, valued at $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 is available through the SEC website. Also, insider Justin T. Binns sold 13,500 shares of Sherwin-Williams stock in a transaction that occurred 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 transaction, the insider directly owned 21,937 shares in the company, 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. Company insiders own 0.23% of the company’s stock.

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.