Flossbach Von Storch SE Buys New Holdings in The Sherwin-Williams Company $SHW

Flossbach Von Storch SE bought a new position in shares of The Sherwin-Williams Company (NYSE:SHW) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 396,877 shares of the specialty chemicals company’s stock, valued at approximately $136,653,000.

Several other hedge funds also recently added to or reduced their stakes in SHW. Vanguard Group Inc. raised its position in Sherwin-Williams by 2.7% during the fourth quarter. Vanguard Group Inc. now owns 23,237,824 shares of the specialty chemicals company’s stock valued at $7,529,752,000 after acquiring an additional 600,119 shares in the last quarter. BlackRock Inc. purchased a new stake in Sherwin-Williams in the 2nd quarter worth approximately $6,100,083,000. State Street Corp grew its stake in shares of Sherwin-Williams by 2.4% during the 4th quarter. State Street Corp now owns 15,638,974 shares of the specialty chemicals company’s stock worth $5,067,497,000 after purchasing an additional 364,832 shares during the period. Geode Capital Management LLC increased its holdings in shares of Sherwin-Williams by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 5,231,615 shares of the specialty chemicals company’s stock valued at $1,687,498,000 after purchasing an additional 37,145 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of Sherwin-Williams during the 4th quarter valued at approximately $1,089,450,000. 77.67% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Sherwin-Williams

In other Sherwin-Williams news, insider Karl J. Jorgenrud sold 7,886 shares of the stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $368.30, for a total transaction of $2,904,413.80. Following the sale, the insider directly owned 11,944 shares in the company, valued at $4,398,975.20. This represents a 39.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Justin T. Binns sold 13,500 shares of Sherwin-Williams stock in a transaction on 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 completion of the transaction, the insider owned 21,937 shares of the company’s stock, valued at approximately $7,737,179.90. This trade represents a 38.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.23% of the company’s stock.

Sherwin-Williams Stock Up 2.3%

Shares of SHW opened at $353.16 on Thursday. The Sherwin-Williams Company has a 52-week low of $289.86 and a 52-week high of $379.65. The company has a market capitalization of $85.73 billion, a PE ratio of 32.55, a price-to-earnings-growth ratio of 2.57 and a beta of 1.10. The stock has a fifty day simple moving average of $338.97 and a two-hundred day simple moving average of $332.77. The company has a quick ratio of 0.46, a current ratio of 0.73 and a debt-to-equity ratio of 2.16.

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

Sherwin-Williams Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 21st will be given a dividend of $0.80 per share. 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 dividend payout ratio is currently 29.49%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on SHW shares. Morgan Stanley reiterated an “overweight” rating and issued a $395.00 price objective (up from $385.00) on shares of Sherwin-Williams in a research report on Wednesday, July 29th. Berenberg Bank set a $380.00 price target on Sherwin-Williams in a research note on Monday, June 8th. Citigroup reaffirmed a “buy” rating on shares of Sherwin-Williams in a report on Wednesday, July 29th. The Goldman Sachs Group set a $420.00 price target on Sherwin-Williams in a research report on Wednesday, July 29th. Finally, Guggenheim assumed coverage on Sherwin-Williams in a report on Monday, August 3rd. They issued a “buy” rating and a $400.00 price objective on the stock. Nine research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, Sherwin-Williams has a consensus rating of “Moderate Buy” and a consensus target price of $385.44.

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.