88,011 Shares in The Sherwin-Williams Company $SHW Purchased by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio acquired a new stake in The Sherwin-Williams Company (NYSE:SHW) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 88,011 shares of the specialty chemicals company’s stock, valued at approximately $30,304,000.

A number of other large investors also recently bought and sold shares of the company. MASTERINVEST Kapitalanlage GmbH bought a new position in Sherwin-Williams during the second quarter worth $2,081,000. Triton Financial Group Inc bought a new position in shares of Sherwin-Williams during the second quarter worth about $1,479,000. Proficio Capital Partners LLC bought a new stake in Sherwin-Williams during the 2nd quarter valued at $548,000. Pure Financial Advisors LLC acquired a new stake in Sherwin-Williams in the second quarter worth about $2,708,000. Finally, Transamerica Financial Advisors LLC acquired a new stake in shares of Sherwin-Williams in the 2nd quarter worth approximately $177,000. Institutional investors own 77.67% of the company’s stock.

Insider Transactions at Sherwin-Williams

In other news, insider Karl J. Jorgenrud sold 7,886 shares of the 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 owned 11,944 shares of the company’s stock, valued at approximately $4,398,975.20. This represents a 39.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 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 value of $4,761,450.00. Following the sale, the insider directly owned 21,937 shares of the company’s stock, valued at $7,737,179.90. The trade was a 38.10% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.23% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on SHW shares. Jefferies Financial Group reaffirmed a “hold” rating and issued a $375.00 price objective on shares of Sherwin-Williams in a research note on Tuesday, July 28th. Morgan Stanley reaffirmed an “overweight” rating and set a $395.00 price objective (up from $385.00) on shares of Sherwin-Williams in a research note on Wednesday, July 29th. The Goldman Sachs Group set a $420.00 price target on shares of Sherwin-Williams in a report on Wednesday, July 29th. Citigroup reiterated a “buy” rating on shares of Sherwin-Williams in a research report on Wednesday, July 29th. Finally, Berenberg Bank set a $380.00 price objective on Sherwin-Williams in a research note on Monday, June 8th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $386.29.

Sherwin-Williams Price Performance

Shares of SHW opened at $344.92 on Friday. The company has a debt-to-equity ratio of 2.16, a quick ratio of 0.46 and a current ratio of 0.73. The firm has a market cap of $83.73 billion, a PE ratio of 31.79, a PEG ratio of 2.57 and a beta of 1.10. The firm’s 50 day moving average price is $342.90 and its 200 day moving average price is $332.31. The Sherwin-Williams Company has a twelve month low of $289.86 and a twelve month high of $377.77.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 EPS for the quarter, topping the consensus estimate of $3.52 by $0.18. Sherwin-Williams had a net margin of 11.01% and a return on equity of 67.97%. The company had revenue of $6.79 billion for the quarter, compared to analyst estimates of $6.60 billion. During the same quarter in the prior year, the business posted $3.38 EPS. Sherwin-Williams’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. As a group, research analysts expect that The Sherwin-Williams Company will post 12.08 EPS for the current fiscal year.

Sherwin-Williams Dividend Announcement

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