D.A. Davidson & CO. Has $2.12 Million Holdings in The Sherwin-Williams Company $SHW

D.A. Davidson & CO. lessened its holdings in shares of The Sherwin-Williams Company (NYSE:SHW) by 28.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,167 shares of the specialty chemicals company’s stock after selling 2,506 shares during the quarter. D.A. Davidson & CO.’s holdings in Sherwin-Williams were worth $2,124,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. KPP Advisory Services LLC acquired a new stake in shares of Sherwin-Williams in the 2nd quarter worth about $202,000. Sivia Capital Partners LLC bought a new position in Sherwin-Williams in the 2nd quarter valued at about $303,000. Crewe Advisors LLC boosted its stake in Sherwin-Williams by 17.5% during the 2nd quarter. Crewe Advisors LLC now owns 1,437 shares of the specialty chemicals company’s stock valued at $495,000 after purchasing an additional 214 shares during the last quarter. Vista Capital Partners Inc. acquired a new position in Sherwin-Williams during the 2nd quarter valued at about $214,000. Finally, Cookson Peirce & Co. Inc. increased its holdings in Sherwin-Williams by 5.4% during the 2nd quarter. Cookson Peirce & Co. Inc. now owns 3,113 shares of the specialty chemicals company’s stock worth $1,072,000 after purchasing an additional 159 shares in the last quarter. Institutional investors and hedge funds own 77.67% of the company’s stock.

Sherwin-Williams Stock Performance

NYSE:SHW opened at $358.40 on Friday. The company has a market capitalization of $87.01 billion, a P/E ratio of 33.03, a P/E/G ratio of 2.69 and a beta of 1.10. The business has a fifty day simple moving average of $336.29 and a two-hundred day simple moving average of $332.90. 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 Sherwin-Williams Company has a 1 year low of $289.86 and a 1 year high of $379.65.

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

Sherwin-Williams Dividend Announcement

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

Insider Activity

In other 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 value of $2,904,413.80. Following the completion of the transaction, the insider directly 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.23% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on SHW. The Goldman Sachs Group set a $420.00 price target on Sherwin-Williams in a research report on Wednesday, July 29th. UBS Group reiterated a “neutral” rating and issued a $390.00 target price on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Guggenheim assumed coverage on shares of Sherwin-Williams in a report on Monday, August 3rd. They issued a “buy” rating and a $400.00 target price for the company. Wells Fargo & Company set a $360.00 price target on shares of Sherwin-Williams and gave the company an “equal weight” rating in a research report on Wednesday, July 29th. Finally, BMO Capital Markets restated an “outperform” rating and set a $405.00 price target (up from $400.00) on shares of Sherwin-Williams in a 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 a consensus rating of “Moderate Buy” and an average price target of $385.44.

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.