Uniting Wealth Partners LLC Makes New $566,000 Investment in The Sherwin-Williams Company $SHW

Uniting Wealth Partners LLC bought a new position in The Sherwin-Williams Company (NYSE:SHW) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 1,644 shares of the specialty chemicals company’s stock, valued at approximately $566,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its position in shares of Sherwin-Williams by 2.7% in the 4th quarter. Vanguard Group Inc. now owns 23,237,824 shares of the specialty chemicals company’s stock worth $7,529,752,000 after buying an additional 600,119 shares during the period. State Street Corp lifted its position in Sherwin-Williams by 2.4% during the 4th quarter. State Street Corp now owns 15,638,974 shares of the specialty chemicals company’s stock valued at $5,067,497,000 after acquiring an additional 364,832 shares during the period. Geode Capital Management LLC lifted its position in Sherwin-Williams by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 5,231,615 shares of the specialty chemicals company’s stock valued at $1,687,498,000 after acquiring an additional 37,145 shares during the period. Norges Bank bought a new stake in Sherwin-Williams during the fourth quarter worth about $1,089,450,000. Finally, Viking Global Investors LP boosted its stake in Sherwin-Williams by 10.1% during the fourth quarter. Viking Global Investors LP now owns 3,172,308 shares of the specialty chemicals company’s stock worth $1,027,923,000 after acquiring an additional 291,217 shares in the last quarter. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Insider Activity at Sherwin-Williams

In other news, insider Karl J. Jorgenrud sold 7,886 shares of the business’s stock in a transaction that occurred on 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 completion of 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.23% of the stock is owned by corporate insiders.

Sherwin-Williams Trading Down 0.2%

Shares of NYSE:SHW opened at $358.40 on Monday. The company has a market cap of $87.01 billion, a P/E ratio of 33.03, 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 1 year low of $289.86 and a 1 year high of $379.65. The stock’s fifty day moving average price is $336.29 and its 200-day moving average price is $332.78.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings data 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 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 company earned $3.38 EPS. Sherwin-Williams’s revenue for the quarter was up 7.5% on a year-over-year basis. 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 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 $0.80 dividend. The ex-dividend date is Friday, August 21st. This represents a $3.20 dividend on an annualized basis and a dividend yield of 0.9%. Sherwin-Williams’s payout ratio is currently 29.49%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on SHW shares. Citigroup reaffirmed a “buy” rating on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Jefferies Financial Group reiterated a “hold” rating and set a $375.00 price objective on shares of Sherwin-Williams in a research note on Tuesday, July 28th. The Goldman Sachs Group set a $420.00 price target on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Wells Fargo & Company set a $360.00 target price on shares of Sherwin-Williams and gave the stock an “equal weight” rating in a report on Wednesday, July 29th. Finally, UBS Group reiterated a “neutral” rating and issued a $390.00 target price on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Nine research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average 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.