Bridgewater Advisors Inc. Takes Position in The Sherwin-Williams Company $SHW

Bridgewater Advisors Inc. acquired a new stake in The Sherwin-Williams Company (NYSE:SHW) in the 2nd quarter, Holdings Channel.com reports. The fund acquired 1,982 shares of the specialty chemicals company’s stock, valued at approximately $660,000.

A number of other large investors have also bought and sold shares of SHW. Wilkerson Advisory Group LLC lifted its stake in 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 in the last quarter. Ares Financial Consulting LLC bought a new position in shares of Sherwin-Williams during the 4th quarter worth approximately $27,000. Lloyd Advisory Services LLC. acquired a new stake in shares of Sherwin-Williams in the fourth quarter valued at approximately $27,000. Whipplewood Advisors LLC acquired a new stake in shares of Sherwin-Williams in the first quarter valued at approximately $28,000. Finally, Kemnay Advisory Services Inc. bought a new stake in shares of Sherwin-Williams in the fourth quarter worth $30,000. 77.67% of the stock is owned by institutional investors.

Insider Buying and Selling

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 completion of the transaction, the insider owned 11,944 shares in the company, valued at approximately $4,398,975.20. This trade represents a 39.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.23% of the company’s stock.

Analysts Set New Price Targets

SHW has been the subject of a number of analyst reports. Jefferies Financial Group reaffirmed a “hold” rating and issued a $375.00 target price on shares of Sherwin-Williams in a research report on Tuesday, July 28th. Citigroup restated a “buy” rating on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Berenberg Bank set a $380.00 price objective on Sherwin-Williams in a report on Monday, June 8th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $405.00 target price (up from $400.00) on shares of Sherwin-Williams in a research report on Wednesday, July 29th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $395.00 target price (up from $385.00) on shares of Sherwin-Williams in a report on Wednesday, July 29th. Nine analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $385.44.

Sherwin-Williams Price Performance

Shares of SHW opened at $358.40 on Friday. 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’s fifty day simple moving average is $336.29 and its 200 day simple moving average is $332.90. The Sherwin-Williams Company has a 1-year low of $289.86 and a 1-year high of $379.65. The company has a market cap of $87.01 billion, a price-to-earnings ratio of 33.03, a PEG ratio of 2.68 and a beta of 1.10.

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, beating analysts’ consensus estimates of $3.52 by $0.18. Sherwin-Williams had a net margin of 11.01% and a return on equity of 67.97%. The firm had revenue of $6.79 billion during the quarter, compared to analysts’ expectations of $6.60 billion. During the same quarter last year, the company posted $3.38 earnings per share. The company’s revenue for the quarter was up 7.5% compared to the same quarter last year. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. On average, research analysts forecast that The Sherwin-Williams Company will post 12.08 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

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 $0.80 dividend. This represents a $3.20 annualized dividend 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.