Pure Financial Advisors LLC Makes New Investment in The Sherwin-Williams Company $SHW

Pure Financial Advisors LLC bought a new position in The Sherwin-Williams Company (NYSE:SHW) in the 2nd quarter, according to its most recent disclosure with the SEC. The firm bought 7,866 shares of the specialty chemicals company’s stock, valued at approximately $2,708,000.

Several other hedge funds and other institutional investors also recently modified their holdings of SHW. Wilkerson Advisory Group LLC boosted its position in Sherwin-Williams by 172.4% during the 1st quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company’s stock valued at $25,000 after acquiring an additional 50 shares in the last quarter. Lloyd Advisory Services LLC. bought a new position in shares of Sherwin-Williams in the 4th quarter worth approximately $27,000. Ares Financial Consulting LLC purchased a new position in shares of Sherwin-Williams in the 4th quarter valued at approximately $27,000. Whipplewood Advisors LLC bought a new stake in shares of Sherwin-Williams during the first quarter valued at approximately $28,000. Finally, Tacita Capital Inc bought a new stake in shares of Sherwin-Williams during the second quarter valued at approximately $30,000. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on SHW. Morgan Stanley reissued an “overweight” rating and set a $395.00 price objective (up from $385.00) on shares of Sherwin-Williams in a research report on Wednesday, July 29th. Wells Fargo & Company set a $360.00 price objective on shares of Sherwin-Williams and gave the stock an “equal weight” rating in a research note on Wednesday, July 29th. Evercore reissued an “outperform” rating on shares of Sherwin-Williams in a research report on Friday, May 8th. The Goldman Sachs Group set a $420.00 price objective on Sherwin-Williams in a research report on Wednesday, July 29th. Finally, DA Davidson set a $400.00 target price on Sherwin-Williams and gave the stock a “buy” rating in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, Sherwin-Williams presently has a consensus rating of “Moderate Buy” and an average target price of $386.29.

Sherwin-Williams Trading Down 0.5%

Shares of NYSE:SHW opened at $348.57 on Thursday. The Sherwin-Williams Company has a 1 year low of $289.86 and a 1 year high of $377.77. The stock’s fifty day moving average price is $341.95 and its 200-day moving average price is $332.34. The company has a market cap of $84.62 billion, a P/E ratio of 32.13, a PEG ratio of 2.61 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.

Sherwin-Williams (NYSE:SHW) last posted its earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.52 by $0.18. The business 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%. The business’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.38 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. Sell-side analysts expect that The Sherwin-Williams Company will post 12.08 earnings per share for the current year.

Sherwin-Williams Dividend Announcement

The firm 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. This represents a $3.20 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Friday, August 21st. Sherwin-Williams’s dividend payout ratio (DPR) is 29.49%.

Insiders Place Their Bets

In other Sherwin-Williams news, insider Justin T. Binns sold 13,500 shares of the business’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $352.70, for a total value of $4,761,450.00. Following the sale, the insider owned 21,937 shares in the company, valued at $7,737,179.90. The trade was a 38.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Karl J. Jorgenrud sold 7,886 shares of the stock in a transaction dated 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 directly owned 11,944 shares of the company’s stock, valued at $4,398,975.20. This trade represents a 39.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.23% of the stock is currently owned by corporate insiders.

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.