The Sherwin-Williams Company $SHW Shares Purchased by Carderock Capital Management Inc.

Carderock Capital Management Inc. raised its holdings in shares of The Sherwin-Williams Company (NYSE:SHW) by 6.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,398 shares of the specialty chemicals company’s stock after buying an additional 1,450 shares during the period. Sherwin-Williams comprises 1.9% of Carderock Capital Management Inc.’s investment portfolio, making the stock its 23rd largest position. Carderock Capital Management Inc.’s holdings in Sherwin-Williams were worth $8,745,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of SHW. Wilkerson Advisory Group LLC raised its stake in shares of Sherwin-Williams by 172.4% in 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 during the period. Ares Financial Consulting LLC purchased a new stake in Sherwin-Williams during the 4th quarter worth $27,000. Lloyd Advisory Services LLC. purchased a new stake in Sherwin-Williams during the 4th quarter worth $27,000. Whipplewood Advisors LLC acquired a new stake in Sherwin-Williams in the 1st quarter valued at $28,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in Sherwin-Williams in the 4th quarter valued at $30,000. 77.67% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have commented on SHW. Citigroup restated a “buy” rating on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Guggenheim started coverage on Sherwin-Williams in a research note on Monday. They issued a “buy” rating and a $400.00 target price for the company. Evercore reiterated an “outperform” rating on shares of Sherwin-Williams in a report on Friday, May 8th. BMO Capital Markets reissued an “outperform” rating and set a $405.00 price target (up from $400.00) on shares of Sherwin-Williams in a research report on Wednesday, July 29th. Finally, Morgan Stanley restated an “overweight” rating and issued a $395.00 price target (up from $385.00) on shares of Sherwin-Williams in a report on Wednesday, July 29th. Nine research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $385.44.

Sherwin-Williams Stock Performance

Shares of SHW stock opened at $361.72 on Wednesday. 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 company’s fifty day moving average price is $326.28 and its two-hundred day moving average price is $332.18. The firm has a market capitalization of $87.81 billion, a P/E ratio of 33.34, a P/E/G ratio of 2.64 and a beta of 1.10. The Sherwin-Williams Company has a 12 month low of $289.86 and a 12 month high of $379.65.

Sherwin-Williams (NYSE:SHW) last announced its earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share for the quarter, beating the consensus estimate of $3.52 by $0.18. Sherwin-Williams had a return on equity of 67.97% and a net margin of 11.01%.The company had revenue of $6.79 billion during the quarter, compared to the consensus estimate of $6.60 billion. During the same period last year, the firm earned $3.38 earnings per share. The company’s 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, research analysts anticipate that The Sherwin-Williams Company will post 12.08 earnings per share for the current fiscal 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 paid a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Friday, August 21st. Sherwin-Williams’s dividend payout ratio (DPR) is 29.49%.

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.