The Sherwin-Williams Company $SHW Shares Newly Bought by ShankerValleau Wealth Advisors Inc.

ShankerValleau Wealth Advisors Inc. bought a new stake in shares of The Sherwin-Williams Company (NYSE:SHW – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,590 shares of the specialty chemicals company’s stock, valued at approximately $514,000. Sherwin-Williams accounts for 0.1% of ShankerValleau Wealth Advisors Inc.’s portfolio, making the stock its 25th largest holding.

A number of other institutional investors have also recently made changes to their positions in the stock. Caisse de depot et placement du Quebec bought a new stake in Sherwin-Williams in the 2nd quarter worth approximately $5,473,000. BlackRock Inc. purchased a new stake in Sherwin-Williams during the 2nd quarter valued at $6,100,083,000. William John Sempolinski purchased a new stake in Sherwin-Williams during the 2nd quarter valued at $2,456,000. Royal Bank of Canada raised its stake in Sherwin-Williams by 9.8% during the 1st quarter. Royal Bank of Canada now owns 966,561 shares of the specialty chemicals company’s stock valued at $309,832,000 after buying an additional 86,254 shares during the last quarter. Finally, Milestone Asset Management LLC bought a new position in shares of Sherwin-Williams during the 3rd quarter valued at $3,153,000. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. JPMorgan Chase & Co. raised their price target on Sherwin-Williams from $365.00 to $380.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Royal Bank Of Canada reiterated an “outperform” rating and set a $392.00 price objective (down from $420.00) on shares of Sherwin-Williams in a research report on Friday, October 9th. The Goldman Sachs Group reiterated a “buy” rating and set a $415.00 price objective (up from $390.00) on shares of Sherwin-Williams in a research report on Friday, October 9th. Jefferies Financial Group reissued a “hold” rating and issued a $375.00 target price (up from $360.00) on shares of Sherwin-Williams in a report on Tuesday, July 28th. Finally, BNP Paribas Exane raised their target price on Sherwin-Williams from $345.00 to $360.00 and gave the stock a “neutral” rating in a research report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $382.08.

Read Our Latest Analysis on Sherwin-Williams

Sherwin-Williams Stock Performance

NYSE SHW traded down $2.12 during trading hours on Friday, hitting $334.80. 1,792,917 shares of the company’s stock traded hands, compared to its average volume of 1,675,456. The Sherwin-Williams Company has a 52 week low of $289.86 and a 52 week high of $377.77. The firm has a market capitalization of $81.28 billion, a P/E ratio of 30.86, a P/E/G ratio of 2.51 and a beta of 1.08. 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 fifty day moving average price is $333.46 and its two-hundred day moving average price is $328.33.

Sherwin-Williams (NYSE:SHW – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share 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 the consensus estimate of $6.60 billion. Sherwin-Williams had a net margin of 11.01% and a return on equity of 67.97%. The company’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period last year, the firm earned $3.38 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. Equities research analysts predict that The Sherwin-Williams Company will post 12.09 EPS for the current year.

Sherwin-Williams Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 11th. Stockholders of record on Friday, August 21st were paid a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Friday, August 21st. Sherwin-Williams’s dividend payout ratio is 29.49%.

Insider Buying and Selling at Sherwin-Williams

In related news, insider Karl Jorgenrud sold 7,886 shares of the firm’s stock in a transaction on 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 transaction, the insider directly owned 11,944 shares of the company’s stock, valued at approximately $4,398,975.20. This trade represents a 39.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 transaction, the insider owned 21,937 shares in the company, valued at $7,737,179.90. This trade represents a 38.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.23% of the company’s stock.

Sherwin-Williams Company Profile

(Free Report)

The Sherwin-Williams Company (NYSE: SHW) manufactures, distributes and sells paints, coatings, floorcoverings and related products. Its offerings serve residential, commercial, industrial, automotive and specialty applications, including architectural paints, protective and marine coatings, industrial finishes, automotive refinishing products, wood stains and surface-preparation materials.

Founded in 1866 by Henry Sherwin and Edward Williams, the company is headquartered in Cleveland, Ohio.

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Institutional Ownership by Quarter for Sherwin-Williams (NYSE:SHW)

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