3,131 Shares in The Sherwin-Williams Company $SHW Bought by Great Lakes Advisors LLC

Great Lakes Advisors LLC bought a new position in shares of The Sherwin-Williams Company (NYSE:SHW) during the second quarter, HoldingsChannel.com reports. The firm bought 3,131 shares of the specialty chemicals company’s stock, valued at approximately $1,078,000.

Several other large investors also recently bought and sold shares of SHW. Balanced Wealth Group LLC purchased a new position in shares of Sherwin-Williams in the second quarter valued at $919,000. Danske Bank A S acquired a new position in shares of Sherwin-Williams during the 2nd quarter worth $56,000. Diversify Advisory Services LLC purchased a new stake in shares of Sherwin-Williams in the 2nd quarter worth about $738,000. Oxbow Advisors LLC purchased a new stake in shares of Sherwin-Williams in the 2nd quarter worth about $227,000. Finally, Wealthfront Advisers LLC acquired a new stake in Sherwin-Williams in the 2nd quarter valued at about $7,775,000. Institutional investors and hedge funds own 77.67% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. Royal Bank Of Canada restated an “outperform” rating and set a $405.00 target price (up from $391.00) on shares of Sherwin-Williams in a report on Wednesday, July 8th. UBS Group reiterated a “neutral” rating and issued a $390.00 price target on shares of Sherwin-Williams in a research report on Wednesday, July 29th. The Goldman Sachs Group set a $420.00 price objective on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Citigroup restated a “buy” rating on shares of Sherwin-Williams in a research report on Wednesday, July 29th. Finally, Wells Fargo & Company set a $360.00 target price on Sherwin-Williams and gave the company an “equal weight” rating in a research note on Wednesday, July 29th. Nine analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $385.44.

Sherwin-Williams Trading Up 0.0%

Shares of Sherwin-Williams stock 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 business’s fifty day moving average is $340.16 and its two-hundred day moving average is $332.81. The company has a quick ratio of 0.46, a current ratio of 0.73 and a debt-to-equity ratio of 2.16. The firm has a market cap of $84.24 billion, a PE 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 data 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. 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 during the quarter, compared to the consensus estimate of $6.60 billion. During the same quarter in the previous year, the business earned $3.38 earnings per share. The business’s revenue for the quarter was up 7.5% on a year-over-year basis. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. Analysts anticipate that The Sherwin-Williams Company will post 12.08 earnings per share for the current year.

Sherwin-Williams Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 21st will be paid a dividend of $0.80 per share. 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 currently 29.49%.

Insider Activity

In related news, insider Karl J. Jorgenrud sold 7,886 shares of the business’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 sale, the insider directly owned 11,944 shares in the company, valued at approximately $4,398,975.20. The trade was a 39.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Justin T. Binns sold 13,500 shares of the company’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 of the company’s stock, valued at $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. Corporate 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.