First National Bank of Omaha Buys Shares of 1,599 The Sherwin-Williams Company $SHW

First National Bank of Omaha bought a new stake in The Sherwin-Williams Company (NYSE:SHW) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,599 shares of the specialty chemicals company’s stock, valued at approximately $551,000.

Several other institutional investors also recently modified their holdings of SHW. Wilkerson Advisory Group LLC lifted its holdings in Sherwin-Williams by 172.4% in the first quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company’s stock valued at $25,000 after buying an additional 50 shares during the period. Ares Financial Consulting LLC bought a new position in Sherwin-Williams in the fourth quarter valued at approximately $27,000. Lloyd Advisory Services LLC. acquired a new stake in Sherwin-Williams during the 4th quarter worth $27,000. Whipplewood Advisors LLC acquired a new stake in Sherwin-Williams during the 1st quarter worth $28,000. Finally, Kemnay Advisory Services Inc. bought a new stake in shares of Sherwin-Williams during the 4th quarter valued at $30,000. Institutional investors and hedge funds own 77.67% of the company’s stock.

Sherwin-Williams Stock Up 2.3%

Shares of NYSE:SHW opened at $353.16 on Thursday. The company has a 50 day moving average price of $338.97 and a two-hundred day moving average price of $332.77. 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 company has a market capitalization of $85.73 billion, a PE ratio of 32.55, a PEG ratio of 2.57 and a beta of 1.10. The Sherwin-Williams Company has a 52 week low of $289.86 and a 52 week high of $379.65.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share for the quarter, topping 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 company had revenue of $6.79 billion for the quarter, compared to analysts’ expectations of $6.60 billion. During the same period last year, the firm posted $3.38 earnings per share. The business’s quarterly revenue 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. Analysts forecast that The Sherwin-Williams Company will post 12.08 earnings per share for the current year.

Sherwin-Williams Announces Dividend

The firm 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 $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Friday, August 21st. Sherwin-Williams’s payout ratio is presently 29.49%.

Insider Activity

In other news, insider Justin T. Binns sold 13,500 shares of the firm’s stock in a transaction dated 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Karl J. Jorgenrud sold 7,886 shares of Sherwin-Williams stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $368.30, for a total value of $2,904,413.80. Following the transaction, the insider owned 11,944 shares in the company, valued at $4,398,975.20. This trade represents a 39.77% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.23% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on SHW. Weiss Ratings raised Sherwin-Williams from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Berenberg Bank set a $380.00 price objective on Sherwin-Williams in a research note on Monday, June 8th. Wells Fargo & Company set a $360.00 price objective on Sherwin-Williams and gave the company an “equal weight” rating in a report on Wednesday, July 29th. Citigroup reissued a “buy” rating on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Finally, Guggenheim began coverage on Sherwin-Williams in a report on Monday, August 3rd. They set a “buy” rating and a $400.00 target price on the stock. Nine investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $385.44.

About Sherwin-Williams

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.