1,567 Shares in The Sherwin-Williams Company $SHW Purchased by Commerzbank Aktiengesellschaft FI

Commerzbank Aktiengesellschaft FI acquired a new stake in The Sherwin-Williams Company (NYSE:SHW) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 1,567 shares of the specialty chemicals company’s stock, valued at approximately $540,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of SHW. Wilkerson Advisory Group LLC increased its stake in shares of Sherwin-Williams by 172.4% in the first quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company’s stock valued at $25,000 after purchasing an additional 50 shares during the period. Ares Financial Consulting LLC bought a new position in Sherwin-Williams in the 4th quarter worth approximately $27,000. Lloyd Advisory Services LLC. bought a new position in Sherwin-Williams in the 4th quarter worth approximately $27,000. Whipplewood Advisors LLC acquired a new stake in Sherwin-Williams in the 1st quarter valued at approximately $28,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in Sherwin-Williams in the 4th quarter valued at approximately $30,000. Institutional investors own 77.67% of the company’s stock.

Insiders Place Their Bets

In related 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 transaction, the insider directly owned 11,944 shares of the company’s stock, valued at $4,398,975.20. The trade was a 39.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.23% of the stock is owned by corporate insiders.

Sherwin-Williams Price Performance

Shares of NYSE:SHW opened at $345.62 on Wednesday. The stock has a market cap of $83.90 billion, a price-to-earnings ratio of 31.85, a PEG ratio of 2.68 and a beta of 1.10. 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 12 month low of $289.86 and a 12 month high of $379.65. The stock’s 50 day moving average price is $337.99 and its 200 day moving average price is $332.78.

Sherwin-Williams (NYSE:SHW) last issued its quarterly 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 return on equity of 67.97% and a net margin of 11.01%.The firm had revenue of $6.79 billion during the quarter, compared to analyst estimates of $6.60 billion. During the same period last year, the company posted $3.38 EPS. The firm’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. Equities research 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 announced a quarterly dividend, which will be paid on Friday, September 11th. Investors 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 annualized dividend and a yield of 0.9%. Sherwin-Williams’s dividend payout ratio (DPR) is currently 29.49%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on SHW. Jefferies Financial Group reiterated a “hold” rating and set a $375.00 price target on shares of Sherwin-Williams in a research report on Tuesday, July 28th. Bank of America lowered their price target on Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating on the stock in a report on Tuesday, April 21st. Wells Fargo & Company set a $360.00 price objective on shares of Sherwin-Williams and gave the company an “equal weight” rating in a research note on Wednesday, July 29th. Weiss Ratings raised shares of Sherwin-Williams from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 31st. Finally, JPMorgan Chase & Co. increased their target price on shares of Sherwin-Williams from $365.00 to $380.00 and gave the company an “overweight” rating in a research 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’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price 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.