The Sherwin-Williams Company $SHW Shares Acquired by Robbins Farley

Robbins Farley lifted its holdings in The Sherwin-Williams Company (NYSE:SHW) by 13.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,595 shares of the specialty chemicals company’s stock after buying an additional 1,597 shares during the period. Sherwin-Williams makes up 1.8% of Robbins Farley’s holdings, making the stock its 29th biggest position. Robbins Farley’s holdings in Sherwin-Williams were worth $4,681,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. ABN Amro Investment Solutions grew its stake in Sherwin-Williams by 5.7% during the 2nd quarter. ABN Amro Investment Solutions now owns 93,188 shares of the specialty chemicals company’s stock valued at $32,086,000 after acquiring an additional 5,053 shares in the last quarter. Confluence Wealth Services Inc. lifted its stake in Sherwin-Williams by 165.8% in the 2nd quarter. Confluence Wealth Services Inc. now owns 1,717 shares of the specialty chemicals company’s stock worth $591,000 after purchasing an additional 1,071 shares in the last quarter. Pembroke Management LTD purchased a new position in Sherwin-Williams in the 2nd quarter worth approximately $214,000. Exchange Traded Concepts LLC boosted its holdings in shares of Sherwin-Williams by 23.5% during the 2nd quarter. Exchange Traded Concepts LLC now owns 4,572 shares of the specialty chemicals company’s stock worth $1,574,000 after purchasing an additional 870 shares during the last quarter. Finally, Patton Albertson Miller Group LLC boosted its holdings in shares of Sherwin-Williams by 3.4% during the 2nd quarter. Patton Albertson Miller Group LLC now owns 9,844 shares of the specialty chemicals company’s stock worth $3,389,000 after purchasing an additional 328 shares during the last quarter. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

SHW has been the subject of several recent research reports. Wells Fargo & Company set a $360.00 price target on Sherwin-Williams and gave the company an “equal weight” rating in a report on Wednesday, July 29th. Guggenheim began coverage on Sherwin-Williams in a report on Monday, August 3rd. They issued a “buy” rating and a $400.00 target price for the company. BMO Capital Markets reaffirmed an “outperform” rating and issued a $405.00 target price (up from $400.00) on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Royal Bank Of Canada reiterated an “outperform” rating and set a $405.00 price target (up from $391.00) on shares of Sherwin-Williams in a report on Wednesday, July 8th. Finally, Evercore reissued an “outperform” rating on shares of Sherwin-Williams in a research report on Friday, May 8th. Nine research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $385.44.

Insider Transactions at Sherwin-Williams

In related news, insider Karl J. Jorgenrud sold 7,886 shares of the business’s 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 sale, the insider directly owned 11,944 shares in the company, valued at approximately $4,398,975.20. The trade was a 39.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.23% of the company’s stock.

Sherwin-Williams Trading Up 0.4%

SHW opened at $361.62 on Friday. The Sherwin-Williams Company has a one year low of $289.86 and a one year high of $379.65. The stock has a market capitalization of $87.79 billion, a PE ratio of 33.33, a P/E/G ratio of 2.68 and a beta of 1.10. The business’s 50 day moving average price is $335.22 and its 200 day moving average price is $332.72. The company has a debt-to-equity ratio of 2.16, a quick ratio of 0.46 and a current ratio of 0.73.

Sherwin-Williams (NYSE:SHW) last posted its 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. 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 analysts’ expectations of $6.60 billion. During the same quarter last year, the firm earned $3.38 earnings per share. The firm’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. As a group, equities research analysts expect that The Sherwin-Williams Company will post 12.08 EPS for the current year.

Sherwin-Williams Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 21st will be given 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 dividend payout ratio (DPR) is presently 29.49%.

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.