Glenview Trust Co raised its stake in shares of The Sherwin-Williams Company (NYSE:SHW – Free Report) by 6.4% during the third quarter, Holdings Channel reports. The firm owned 97,564 shares of the specialty chemicals company’s stock after buying an additional 5,840 shares during the period. Glenview Trust Co’s holdings in Sherwin-Williams were worth $31,540,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Soltis Investment Advisors LLC grew its position in shares of Sherwin-Williams by 2.3% during the 3rd quarter. Soltis Investment Advisors LLC now owns 17,840 shares of the specialty chemicals company’s stock worth $5,767,000 after buying an additional 403 shares during the period. Interchange Capital Partners LLC lifted its holdings in Sherwin-Williams by 39.8% in the third quarter. Interchange Capital Partners LLC now owns 1,708 shares of the specialty chemicals company’s stock valued at $552,000 after buying an additional 486 shares during the period. Childress Capital Advisors LLC lifted its holdings in Sherwin-Williams by 4.9% in the third quarter. Childress Capital Advisors LLC now owns 713 shares of the specialty chemicals company’s stock valued at $230,000 after buying an additional 33 shares during the period. Motley Fool Asset Management LLC boosted its stake in Sherwin-Williams by 6.9% in the third quarter. Motley Fool Asset Management LLC now owns 20,059 shares of the specialty chemicals company’s stock valued at $6,484,000 after acquiring an additional 1,292 shares during the last quarter. Finally, North Dakota State Investment Board boosted its stake in Sherwin-Williams by 2.9% in the third quarter. North Dakota State Investment Board now owns 7,057 shares of the specialty chemicals company’s stock valued at $2,281,000 after acquiring an additional 196 shares during the last quarter. 77.67% of the stock is owned by institutional investors.
Insider Activity
In other news, insider Justin T. Binns sold 13,500 shares of the stock in a transaction that occurred on 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 completion of the sale, the insider owned 21,937 shares of the company’s stock, valued at approximately $7,737,179.90. This represents a 38.10% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Karl Jorgenrud sold 7,886 shares of the stock in a transaction 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 completion of the sale, the insider owned 11,944 shares of the company’s stock, valued at approximately $4,398,975.20. This represents a 39.77% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.23% of the company’s stock.
Sherwin-Williams Stock Up 0.9%
Shares of NYSE SHW opened at $332.95 on Friday. The stock has a market cap of $80.44 billion, a P/E ratio of 30.60, a P/E/G ratio of 2.74 and a beta of 1.08. The firm has a 50 day moving average price of $329.41 and a 200 day moving average price of $333.14. The company has a debt-to-equity ratio of 2.00, a quick ratio of 0.46 and a current ratio of 0.71. The Sherwin-Williams Company has a 52-week low of $289.86 and a 52-week high of $377.77.
Sherwin-Williams (NYSE:SHW – Get Free Report) last released its quarterly earnings results on Tuesday, October 27th. The specialty chemicals company reported $3.63 EPS for the quarter, missing analysts’ consensus estimates of $3.69 by ($0.06). Sherwin-Williams had a return on equity of 69.51% and a net margin of 10.74%. The business had revenue of $6.86 billion for the quarter, compared to analyst estimates of $6.78 billion. During the same period in the prior year, the business earned $3.59 EPS. The company’s revenue for the quarter was up 7.9% compared to the same quarter last year. Analysts expect that The Sherwin-Williams Company will post 12.02 EPS for the current year.
Sherwin-Williams Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Friday, November 13th will be issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 1.0%. The ex-dividend date is Friday, November 13th. Sherwin-Williams’s dividend payout ratio is presently 29.41%.
Analyst Ratings Changes
Several analysts have commented on SHW shares. Bank of America upped their target price on shares of Sherwin-Williams from $369.00 to $383.00 and gave the company a “neutral” rating in a research report on Friday, July 17th. Citigroup reduced their price target on Sherwin-Williams from $400.00 to $370.00 and set a “buy” rating on the stock in a research report on Thursday. Jefferies Financial Group reaffirmed a “hold” rating and set a $353.00 price objective on shares of Sherwin-Williams in a research note on Tuesday. DA Davidson set a $390.00 price objective on Sherwin-Williams and gave the company a “buy” rating in a report on Wednesday. Finally, Rothschild & Co Redburn increased their target price on Sherwin-Williams from $410.00 to $420.00 and gave the company a “buy” rating in a research note on Tuesday, August 18th. Fifteen analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat.com, Sherwin-Williams presently has a consensus rating of “Moderate Buy” and a consensus target price of $377.29.
Get Our Latest Stock Report on Sherwin-Williams
Key Stories Impacting Sherwin-Williams
Here are the key news stories impacting Sherwin-Williams this week:
- Positive Sentiment: Third-quarter revenue increased 7.9% year over year to $6.86 billion, exceeding consensus expectations of $6.78 billion. The company also maintained profitability and narrowed its full-year adjusted EPS outlook, which can signal greater forecasting confidence. SHW Q3 deep dive: Strong revenue growth meets margin pressures and cautious outlook
- Positive Sentiment: Royal Bank of Canada kept an “outperform” rating, while Citigroup maintained a “buy” rating. Their revised price targets of $383 and $370, respectively, still imply meaningful upside from the reference price, signaling that analysts view the earnings weakness as manageable. Royal Bank of Canada Sherwin-Williams rating Citigroup Sherwin-Williams rating
- Neutral Sentiment: Sherwin-Williams narrowed its FY2026 adjusted EPS outlook range. While a narrower range may improve visibility, it also highlights that investors are focused on whether the company can stabilize earnings amid uneven demand and cost pressures. Sherwin-Williams Narrows FY26 Adj. EPS Outlook Range
- Negative Sentiment: Third-quarter EPS of $3.63 missed the $3.69 consensus estimate. Reports also point to margin pressure and a cautious outlook, raising concerns that revenue growth is not translating into equivalent earnings growth. Sherwin-Williams Shares Gap Down After Earnings Miss
- Negative Sentiment: JPMorgan issued a pessimistic forecast, while RBC and Citi both reduced their price targets despite retaining bullish ratings. The stock also fell below its 200-day moving average after the earnings release, a technical warning that may encourage additional selling. JPMorgan Chase Issues Pessimistic Forecast for Sherwin-Williams Sherwin-Williams Stock Breaks Below 200-Day Moving Average
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.
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