3,378 Shares in The Sherwin-Williams Company $SHW Bought by SFE Investment Counsel

SFE Investment Counsel bought a new position in shares of The Sherwin-Williams Company (NYSE:SHW) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,378 shares of the specialty chemicals company’s stock, valued at approximately $1,163,000.

Several other hedge funds have also modified their holdings of SHW. Fideuram Asset Management Ireland dac purchased a new position in Sherwin-Williams during the 4th quarter worth approximately $2,496,000. Kinsale Capital Group Inc. acquired a new stake in Sherwin-Williams during the 4th quarter valued at $4,805,000. Calamos Advisors LLC lifted its holdings in shares of Sherwin-Williams by 5.4% in the fourth quarter. Calamos Advisors LLC now owns 180,602 shares of the specialty chemicals company’s stock valued at $58,520,000 after purchasing an additional 9,196 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Sherwin-Williams by 2.7% in the fourth quarter. Vanguard Group Inc. now owns 23,237,824 shares of the specialty chemicals company’s stock worth $7,529,752,000 after buying an additional 600,119 shares during the period. Finally, Eos Management L.P. boosted its position in shares of Sherwin-Williams by 23.6% in the fourth quarter. Eos Management L.P. now owns 15,261 shares of the specialty chemicals company’s stock worth $4,945,000 after buying an additional 2,909 shares during the period. 77.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. The Goldman Sachs Group set a $420.00 price target on Sherwin-Williams in a research report on Wednesday, July 29th. 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. Berenberg Bank set a $380.00 target price on Sherwin-Williams in a research note on Monday, June 8th. Weiss Ratings upgraded Sherwin-Williams from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 31st. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $405.00 price target (up from $400.00) 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 issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $385.44.

Sherwin-Williams Trading Down 0.9%

NYSE SHW opened at $358.40 on Friday. The Sherwin-Williams Company has a 1-year low of $289.86 and a 1-year high of $379.65. The company has a current ratio of 0.73, a quick ratio of 0.46 and a debt-to-equity ratio of 2.16. The company has a market capitalization of $87.01 billion, a PE ratio of 33.03, a price-to-earnings-growth ratio of 2.68 and a beta of 1.10. The firm’s fifty day simple moving average is $336.29 and its 200-day simple moving average is $332.90.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings data on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.52 by $0.18. The business had revenue of $6.79 billion during the quarter, compared to analyst estimates of $6.60 billion. Sherwin-Williams had a return on equity of 67.97% and a net margin of 11.01%.Sherwin-Williams’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period last year, the company earned $3.38 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. As a group, sell-side analysts anticipate 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 declared 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 (DPR) is 29.49%.

Insider Buying and Selling at Sherwin-Williams

In other news, insider Karl J. Jorgenrud sold 7,886 shares of Sherwin-Williams stock in a transaction dated 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 sale, the insider directly owned 11,944 shares in the company, valued at $4,398,975.20. The trade was a 39.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.23% of the stock is owned by company insiders.

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.