The Sherwin-Williams Company $SHW Holdings Lifted by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC grew its position in The Sherwin-Williams Company (NYSE:SHW) by 18.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 26,828 shares of the specialty chemicals company’s stock after purchasing an additional 4,091 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Sherwin-Williams were worth $9,219,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the stock. Valley National Advisers Inc. boosted its holdings in shares of Sherwin-Williams by 68.0% in the second quarter. Valley National Advisers Inc. now owns 84 shares of the specialty chemicals company’s stock valued at $28,000 after acquiring an additional 34 shares in the last quarter. Synergy Investment Management LLC boosted its holdings in shares of Sherwin-Williams by 583.3% in the first quarter. Synergy Investment Management LLC now owns 82 shares of the specialty chemicals company’s stock valued at $29,000 after acquiring an additional 70 shares in the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Sherwin-Williams in the first quarter valued at approximately $30,000. Saudi Central Bank bought a new position in shares of Sherwin-Williams in the first quarter valued at approximately $33,000. Finally, Flaharty Asset Management LLC bought a new position in shares of Sherwin-Williams in the first quarter valued at approximately $33,000. 77.67% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Sherwin-Williams

In related news, CAO James P. Lang sold 860 shares of the company’s stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $350.35, for a total value of $301,301.00. Following the completion of the sale, the chief accounting officer owned 377 shares in the company, valued at approximately $132,081.95. This represents a 69.52% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Justin T. Binns sold 609 shares of the company’s stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $368.82, for a total transaction of $224,611.38. Following the completion of the sale, the insider owned 17,922 shares of the company’s stock, valued at approximately $6,609,992.04. This trade represents a 3.29% decrease in their position. The disclosure for this sale can be found here. 0.60% of the stock is currently owned by corporate insiders.

Sherwin-Williams Stock Down 0.2%

SHW stock opened at $332.51 on Monday. The Sherwin-Williams Company has a 12 month low of $308.84 and a 12 month high of $400.42. The firm has a market cap of $82.91 billion, a PE ratio of 32.99, a P/E/G ratio of 2.76 and a beta of 1.20. The firm has a 50 day simple moving average of $355.02 and a 200 day simple moving average of $348.45. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.78 and a quick ratio of 0.48.

Sherwin-Williams (NYSE:SHW) last issued its quarterly earnings results on Tuesday, July 22nd. The specialty chemicals company reported $3.38 EPS for the quarter, missing the consensus estimate of $3.76 by ($0.38). The firm had revenue of $6.31 billion during the quarter, compared to analysts’ expectations of $6.31 billion. Sherwin-Williams had a net margin of 11.03% and a return on equity of 66.91%. The firm’s revenue was up .6% compared to the same quarter last year. During the same quarter last year, the company posted $3.70 EPS. Sherwin-Williams has set its FY 2025 guidance at 11.200-11.500 EPS. Equities research analysts forecast that The Sherwin-Williams Company will post 12 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 5th. Investors of record on Friday, August 15th were given a $0.79 dividend. This represents a $3.16 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Friday, August 15th. Sherwin-Williams’s dividend payout ratio is 31.35%.

Analysts Set New Price Targets

SHW has been the subject of several recent analyst reports. Evercore ISI increased their price objective on shares of Sherwin-Williams from $380.00 to $400.00 and gave the company an “outperform” rating in a report on Tuesday, August 26th. BMO Capital Markets decreased their price objective on shares of Sherwin-Williams from $405.00 to $391.00 and set an “outperform” rating for the company in a report on Wednesday, July 23rd. Loop Capital cut their target price on shares of Sherwin-Williams from $395.00 to $380.00 and set a “buy” rating for the company in a research note on Wednesday, July 23rd. Weiss Ratings reissued a “buy (b-)” rating on shares of Sherwin-Williams in a research note on Wednesday, October 8th. Finally, UBS Group reissued a “buy” rating and set a $400.00 target price (up from $395.00) on shares of Sherwin-Williams in a research note on Monday, October 6th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, Sherwin-Williams currently has an average rating of “Moderate Buy” and an average target price of $387.60.

Sherwin-Williams Profile

The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coating, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: Paint Stores Group, Consumer Brands Group, and Performance Coatings Group.