The Sherwin-Williams Company $SHW Shares Acquired by Robbins Farley

Robbins Farley increased its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 13.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,595 shares of the specialty chemicals company’s stock after acquiring an additional 1,597 shares during the period. Sherwin-Williams comprises 1.8% of Robbins Farley’s holdings, making the stock its 29th largest position. Robbins Farley’s holdings in Sherwin-Williams were worth $4,681,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of SHW. Wilkerson Advisory Group LLC boosted its position in Sherwin-Williams by 172.4% in the 1st 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 position in shares of Sherwin-Williams during the 4th quarter valued at approximately $27,000. Lloyd Advisory Services LLC. acquired a new position in shares of Sherwin-Williams in the 4th quarter valued at $27,000. Whipplewood Advisors LLC acquired a new position in shares of Sherwin-Williams in the 1st quarter valued at $28,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in Sherwin-Williams during the fourth quarter worth $30,000. 77.67% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Sherwin-Williams news, insider Karl J. Jorgenrud sold 7,886 shares of the 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 completion of the transaction, the insider owned 11,944 shares of the company’s stock, valued at $4,398,975.20. This represents a 39.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.23% of the company’s stock.

Sherwin-Williams Stock Performance

NYSE:SHW opened at $361.62 on Friday. 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 market capitalization of $87.79 billion, a PE ratio of 33.33, a P/E/G ratio of 2.68 and a beta of 1.10. The Sherwin-Williams Company has a fifty-two week low of $289.86 and a fifty-two week high of $379.65. The company has a fifty day moving average of $335.22 and a two-hundred day moving average of $332.72.

Sherwin-Williams (NYSE:SHW) last announced its earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.52 by $0.18. The business had revenue of $6.79 billion for the quarter, compared to analyst estimates of $6.60 billion. Sherwin-Williams had a net margin of 11.01% and a return on equity of 67.97%. The company’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter last year, the business earned $3.38 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. As a group, research analysts forecast that The Sherwin-Williams Company will post 12.08 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

The company also recently disclosed 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 payout ratio is presently 29.49%.

Analysts Set New Price Targets

A number of research analysts have weighed in on SHW shares. Jefferies Financial Group reaffirmed a “hold” rating and issued a $375.00 price objective on shares of Sherwin-Williams in a report on Tuesday, July 28th. Morgan Stanley restated an “overweight” rating and set a $395.00 target price (up from $385.00) on shares of Sherwin-Williams in a research report on Wednesday, July 29th. Royal Bank Of Canada restated an “outperform” rating and issued a $405.00 price target (up from $391.00) on shares of Sherwin-Williams in a research note on Wednesday, July 8th. JPMorgan Chase & Co. upped their price target on Sherwin-Williams from $365.00 to $380.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Finally, Citigroup reiterated a “buy” rating on shares of Sherwin-Williams in a research report on Wednesday, July 29th. Nine investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $385.44.

About Sherwin-Williams

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.