Pure Financial Advisors LLC Makes New Investment in The Sherwin-Williams Company $SHW

Pure Financial Advisors LLC acquired a new stake in shares of The Sherwin-Williams Company (NYSE:SHW) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 7,866 shares of the specialty chemicals company’s stock, valued at approximately $2,708,000.

Other institutional investors have also added to or reduced their stakes in the company. Transamerica Financial Advisors LLC purchased a new stake in shares of Sherwin-Williams in the 2nd quarter valued at about $177,000. Sanchez Levi Garrett bought a new position in shares of Sherwin-Williams in the second quarter worth approximately $347,000. Corient Private Wealth LP bought a new position in shares of Sherwin-Williams in the second quarter worth approximately $50,572,000. Bank of America Corp DE purchased a new stake in shares of Sherwin-Williams during the 2nd quarter valued at $412,339,000. Finally, Port Capital LLC bought a new stake in shares of Sherwin-Williams during the 2nd quarter worth $40,525,000. 77.67% of the stock is currently owned by institutional investors.

Sherwin-Williams Stock Down 0.5%

SHW opened at $348.57 on Thursday. The Sherwin-Williams Company has a 12 month low of $289.86 and a 12 month high of $377.77. 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 business’s 50-day moving average price is $341.95 and its 200-day moving average price is $332.34. The company has a market cap of $84.62 billion, a P/E ratio of 32.13, a P/E/G ratio of 2.61 and a beta of 1.10.

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

Sherwin-Williams Announces Dividend

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 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%.

Analyst Upgrades and Downgrades

SHW has been the topic of a number of research analyst reports. Citigroup reissued a “buy” rating on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $405.00 price objective (up from $391.00) on shares of Sherwin-Williams in a report on Wednesday, July 8th. The Goldman Sachs Group set a $420.00 price objective on Sherwin-Williams in a report on Wednesday, July 29th. Morgan Stanley reaffirmed an “overweight” rating and issued a $395.00 target price (up from $385.00) on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Finally, UBS Group reissued a “neutral” rating and set a $390.00 price target on shares of Sherwin-Williams in a research note on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $386.29.

Insiders Place Their Bets

In related news, insider Karl J. Jorgenrud sold 7,886 shares of the firm’s stock in a transaction dated 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 directly owned 11,944 shares of the company’s stock, valued at $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 Securities & Exchange Commission, which is available through this link. Also, insider Justin T. Binns sold 13,500 shares of the business’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $352.70, for a total value of $4,761,450.00. Following the transaction, the insider owned 21,937 shares in the company, valued at approximately $7,737,179.90. This represents a 38.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.23% of the company’s stock.

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.