Landscape Capital Management L.L.C. Takes $5.52 Million Position in The Sherwin-Williams Company $SHW

Landscape Capital Management L.L.C. bought a new position in shares of The Sherwin-Williams Company (NYSE:SHW) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 16,037 shares of the specialty chemicals company’s stock, valued at approximately $5,522,000.

A number of other institutional investors have also made changes to their positions in the business. Brighton Jones LLC lifted its holdings in Sherwin-Williams by 73.6% during the 4th quarter. Brighton Jones LLC now owns 1,545 shares of the specialty chemicals company’s stock valued at $525,000 after purchasing an additional 655 shares during the last quarter. Empowered Funds LLC increased its holdings in shares of Sherwin-Williams by 11.2% in the first quarter. Empowered Funds LLC now owns 6,236 shares of the specialty chemicals company’s stock valued at $2,178,000 after purchasing an additional 626 shares during the last quarter. Jump Financial LLC acquired a new position in shares of Sherwin-Williams in the second quarter valued at $1,210,000. Sei Investments Co. raised its position in shares of Sherwin-Williams by 43.6% in the second quarter. Sei Investments Co. now owns 196,915 shares of the specialty chemicals company’s stock valued at $67,612,000 after purchasing an additional 59,831 shares during the period. Finally, Glenview Trust co raised its position in shares of Sherwin-Williams by 4.8% in the second quarter. Glenview Trust co now owns 3,249 shares of the specialty chemicals company’s stock valued at $1,116,000 after purchasing an additional 148 shares during the period. 77.67% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

SHW has been the subject of several research analyst reports. Jefferies Financial Group reaffirmed a “hold” rating and set a $375.00 target price on shares of Sherwin-Williams in a report on Tuesday, July 28th. Guggenheim started coverage on shares of Sherwin-Williams in a report on Monday, August 3rd. They issued a “buy” rating and a $400.00 price target on the stock. Royal Bank Of Canada restated 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. The Goldman Sachs Group set a $420.00 price objective on Sherwin-Williams in a report on Wednesday, July 29th. Finally, Evercore reaffirmed an “outperform” rating on shares of Sherwin-Williams in a research report on Friday, May 8th. Nine analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $385.44.

Sherwin-Williams Stock Up 0.0%

SHW opened at $347.02 on Friday. 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 debt-to-equity ratio of 2.16, a quick ratio of 0.46 and a current ratio of 0.73. The company 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. The stock has a fifty day moving average of $340.16 and a 200-day moving average of $332.81.

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 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 company had revenue of $6.79 billion during the quarter, compared to analysts’ expectations of $6.60 billion. During the same quarter in the previous year, the business posted $3.38 earnings per share. Sherwin-Williams’s quarterly 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. On average, equities analysts expect that The Sherwin-Williams Company will post 12.08 EPS for the current year.

Sherwin-Williams Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 21st will be issued 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 yield of 0.9%. Sherwin-Williams’s payout ratio is currently 29.49%.

Insider Transactions at Sherwin-Williams

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 shares were 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 represents a 39.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Justin T. Binns sold 13,500 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $352.70, for a total transaction of $4,761,450.00. Following the transaction, the insider directly owned 21,937 shares in the company, valued at $7,737,179.90. This represents a 38.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.23% of the company’s stock.

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.