The Sherwin-Williams Company $SHW Shares Purchased by Vest Financial LLC

Vest Financial LLC increased its position in The Sherwin-Williams Company (NYSE:SHW) by 5.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 153,175 shares of the specialty chemicals company’s stock after buying an additional 8,055 shares during the quarter. Vest Financial LLC’s holdings in Sherwin-Williams were worth $49,517,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Wilkerson Advisory Group LLC boosted its stake in shares of Sherwin-Williams by 172.4% during the first quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company’s stock valued at $25,000 after purchasing an additional 50 shares during the period. GK Wealth Management LLC purchased a new position in shares of Sherwin-Williams in the third quarter worth $25,000. Whipplewood Advisors LLC bought a new stake in Sherwin-Williams during the 1st quarter valued at $28,000. Montgomery Financial Services LLC bought a new stake in Sherwin-Williams during the 2nd quarter valued at $29,000. Finally, Tacita Capital Inc purchased a new stake in Sherwin-Williams during the 2nd quarter valued at $30,000. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on the company. 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 note on Thursday, July 30th. KeyCorp started coverage on Sherwin-Williams in a research report on Thursday, September 10th. They set a “sector weight” rating for the company. Barclays set a $348.00 price target on Sherwin-Williams and gave the company an “equal weight” rating in a research report on Monday, October 12th. Bank of America increased their price objective on Sherwin-Williams from $369.00 to $383.00 and gave the stock a “neutral” rating in a report on Friday, July 17th. Finally, Argus lifted their price objective on Sherwin-Williams from $355.00 to $380.00 in a research report on Thursday, August 27th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $382.08.

Insider Buying and Selling at Sherwin-Williams

In other news, insider Justin Binns sold 13,500 shares of Sherwin-Williams 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 transaction, the insider directly owned 21,937 shares of the company’s stock, valued at $7,737,179.90. The trade was a 38.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Karl J. Jorgenrud sold 7,886 shares of the business’s stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $4,398,975.20. This trade represents a 39.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.23% of the company’s stock.

Sherwin-Williams Price Performance

Shares of NYSE:SHW opened at $337.23 on Thursday. The Sherwin-Williams Company has a 1-year low of $289.86 and a 1-year high of $377.77. The company has a debt-to-equity ratio of 2.16, a current ratio of 0.73 and a quick ratio of 0.46. The business has a fifty day moving average price of $331.84 and a 200-day moving average price of $328.71. The company has a market capitalization of $81.86 billion, a PE ratio of 31.08, a PEG ratio of 2.62 and a beta of 1.08.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings data 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 during the quarter, compared to analyst estimates of $6.60 billion. During the same period in the previous year, the business earned $3.38 EPS. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. As a group, equities analysts expect that The Sherwin-Williams Company will post 12.07 EPS for the current fiscal year.

Sherwin-Williams Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Friday, November 13th will be issued a dividend of $0.80 per share. 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, November 13th. Sherwin-Williams’s dividend payout ratio is currently 29.49%.

Sherwin-Williams Profile

The Sherwin-Williams Company (NYSE: SHW) develops, manufactures, distributes and sells paints, coatings and related products. Its offerings include architectural paints, industrial coatings, wood finishes, protective coatings, automotive refinishing products, floor coatings and related supplies marketed under brands such as Sherwin-Williams, Valspar, Minwax, Krylon and Dutch Boy.

Founded in 1866 and headquartered in Cleveland, Ohio, Sherwin-Williams serves professional contractors, do-it-yourself consumers, industrial manufacturers, commercial businesses and other customers.