22,467 Shares in The Sherwin-Williams Company $SHW Acquired by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp bought a new position in The Sherwin-Williams Company (NYSE:SHW) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 22,467 shares of the specialty chemicals company’s stock, valued at approximately $7,736,000.

Other institutional investors have also recently made changes to their positions in the company. Sapient Capital LLC grew its position in Sherwin-Williams by 0.3% during the fourth quarter. Sapient Capital LLC now owns 9,176 shares of the specialty chemicals company’s stock worth $2,993,000 after buying an additional 30 shares in the last quarter. Eastern Bank increased its stake in Sherwin-Williams by 50.8% in the 2nd quarter. Eastern Bank now owns 89 shares of the specialty chemicals company’s stock worth $31,000 after acquiring an additional 30 shares during the last quarter. Deseret Mutual Benefit Administrators raised its holdings in shares of Sherwin-Williams by 6.2% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 527 shares of the specialty chemicals company’s stock valued at $171,000 after acquiring an additional 31 shares in the last quarter. Heartland Bank & Trust Co raised its holdings in shares of Sherwin-Williams by 2.8% in the 1st quarter. Heartland Bank & Trust Co now owns 1,174 shares of the specialty chemicals company’s stock valued at $376,000 after acquiring an additional 32 shares in the last quarter. Finally, Nicholas Hoffman & Company LLC. boosted its position in shares of Sherwin-Williams by 1.9% during the 4th quarter. Nicholas Hoffman & Company LLC. now owns 1,789 shares of the specialty chemicals company’s stock valued at $580,000 after acquiring an additional 33 shares during the last quarter. Institutional investors own 77.67% of the company’s stock.

Sherwin-Williams Stock Up 0.1%

Shares of NYSE SHW opened at $346.78 on Tuesday. The Sherwin-Williams Company has a one year low of $289.86 and a one 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 firm’s 50 day simple moving average is $340.68 and its two-hundred day simple moving average is $332.55. The stock has a market capitalization of $84.19 billion, a P/E ratio of 31.96, a PEG ratio of 2.58 and a beta of 1.10.

Sherwin-Williams (NYSE:SHW) last posted its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 EPS for the quarter, topping 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 the consensus estimate of $6.60 billion. During the same period last year, the firm posted $3.38 earnings per share. The business’s 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, analysts expect that The Sherwin-Williams Company will post 12.08 EPS for the current fiscal year.

Sherwin-Williams Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 21st will be paid a $0.80 dividend. The ex-dividend date of this dividend is Friday, August 21st. This represents a $3.20 annualized dividend and a yield of 0.9%. Sherwin-Williams’s payout ratio is currently 29.49%.

Insider Activity

In other news, insider Justin T. 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 value of $4,761,450.00. Following the transaction, the insider owned 21,937 shares in the company, valued at approximately $7,737,179.90. The trade was a 38.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 completion of the sale, 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 disclosure for this sale is available in the SEC filing. Corporate insiders own 0.23% of the company’s stock.

Analysts Set New Price Targets

SHW has been the topic of several research analyst reports. JPMorgan Chase & Co. upped their price objective on shares of Sherwin-Williams from $365.00 to $380.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Royal Bank Of Canada reiterated an “outperform” rating and set a $405.00 target price (up from $391.00) on shares of Sherwin-Williams in a research report on Wednesday, July 8th. Wells Fargo & Company set a $360.00 price target on shares of Sherwin-Williams and gave the stock an “equal weight” rating in a research note on Wednesday, July 29th. Jefferies Financial Group reissued a “hold” rating and issued a $375.00 price target on shares of Sherwin-Williams in a report on Tuesday, July 28th. Finally, Weiss Ratings upgraded shares of Sherwin-Williams from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. Nine investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, Sherwin-Williams presently has a consensus rating of “Moderate Buy” and a consensus price target of $386.29.

About Sherwin-Williams

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.