16,037 Shares in The Sherwin-Williams Company $SHW Bought by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. purchased a new stake in The Sherwin-Williams Company (NYSE:SHW) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 16,037 shares of the specialty chemicals company’s stock, valued at approximately $5,522,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Korea Investment CORP acquired a new stake in Sherwin-Williams during the second quarter worth about $78,193,000. EP Wealth Advisors LLC acquired a new position in shares of Sherwin-Williams in the 2nd quarter valued at approximately $2,704,000. Heartland Bank & Trust Co acquired a new position in shares of Sherwin-Williams in the 2nd quarter valued at approximately $432,000. Ieq Capital LLC bought a new stake in shares of Sherwin-Williams during the 2nd quarter worth approximately $1,406,000. Finally, Callan Family Office LLC bought a new stake in shares of Sherwin-Williams during the 2nd quarter worth approximately $1,979,000. Institutional investors own 77.67% of the company’s stock.

Insider Buying and Selling at Sherwin-Williams

In related news, insider Justin T. Binns sold 13,500 shares of the firm’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $352.70, for a total transaction of $4,761,450.00. Following the sale, the insider owned 21,937 shares of the company’s stock, valued at $7,737,179.90. This trade represents a 38.10% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Karl J. Jorgenrud sold 7,886 shares of the business’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $368.30, for a total value of $2,904,413.80. Following the sale, the insider owned 11,944 shares in the company, valued at $4,398,975.20. This 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.

Wall Street Analysts Forecast Growth

SHW has been the topic of a number of recent analyst reports. UBS Group reissued a “neutral” rating and issued a $390.00 price objective on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Royal Bank Of Canada restated an “outperform” rating and set a $405.00 target price (up from $391.00) on shares of Sherwin-Williams in a research note on Wednesday, July 8th. Weiss Ratings raised Sherwin-Williams from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 31st. Morgan Stanley reiterated an “overweight” rating and issued a $395.00 price target (up from $385.00) on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Finally, Jefferies Financial Group reissued a “hold” rating and set a $375.00 price target on shares of Sherwin-Williams in a report on Tuesday, July 28th. Nine research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $385.44.

Sherwin-Williams Trading Up 0.0%

SHW opened at $347.02 on Friday. The company’s 50 day moving average is $340.16 and its 200-day moving average is $332.81. The Sherwin-Williams Company has a 1-year low of $289.86 and a 1-year high of $379.65. 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 has a market cap of $84.24 billion, a P/E ratio of 31.98, a PEG ratio of 2.58 and a beta of 1.10.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings data on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.52 by $0.18. The business had revenue of $6.79 billion during 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 firm’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period in the prior year, the company earned $3.38 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. Equities research analysts predict that The Sherwin-Williams Company will post 12.08 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

The business also recently announced 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 dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, August 21st. Sherwin-Williams’s payout ratio is presently 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.