GSA Capital Partners LLP Buys Shares of 7,216 The Sherwin-Williams Company $SHW

GSA Capital Partners LLP purchased a new stake in shares of The Sherwin-Williams Company (NYSE:SHW) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 7,216 shares of the specialty chemicals company’s stock, valued at approximately $2,485,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Clearstead Trust LLC bought a new position in shares of Sherwin-Williams in the second quarter valued at approximately $451,000. Maridea Wealth Management LLC purchased a new position in Sherwin-Williams during the second quarter valued at approximately $318,000. Bridgewater Advisors Inc. bought a new stake in Sherwin-Williams during the 2nd quarter worth approximately $660,000. SFE Investment Counsel bought a new stake in Sherwin-Williams during the 2nd quarter worth approximately $1,163,000. Finally, USA Financial Formulas purchased a new stake in Sherwin-Williams in the 1st quarter worth approximately $65,000. 77.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Morgan Stanley reissued an “overweight” rating and issued a $395.00 price target (up from $385.00) on shares of Sherwin-Williams in a report on Wednesday, July 29th. Wells Fargo & Company set a $360.00 price target on shares of Sherwin-Williams and gave the stock an “equal weight” rating in a report on Wednesday, July 29th. Berenberg Bank set a $380.00 price objective on Sherwin-Williams in a research report on Monday, June 8th. Evercore reissued an “outperform” rating on shares of Sherwin-Williams in a research note on Friday, May 8th. Finally, Jefferies Financial Group restated a “hold” rating and set a $375.00 target price on shares of Sherwin-Williams in a research report on Tuesday, July 28th. Nine equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $385.44.

Sherwin-Williams Price Performance

SHW stock opened at $358.40 on Friday. 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 Sherwin-Williams Company has a one year low of $289.86 and a one year high of $379.65. The stock has a market cap of $87.01 billion, a PE ratio of 33.03, a P/E/G ratio of 2.68 and a beta of 1.10. The firm has a 50 day simple moving average of $336.29 and a two-hundred day simple moving average of $332.90.

Sherwin-Williams (NYSE:SHW) last issued its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 EPS 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 firm had revenue of $6.79 billion for the quarter, compared to analyst estimates of $6.60 billion. During the same quarter in the prior year, the firm 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. On average, analysts predict that The Sherwin-Williams Company will post 12.08 EPS for the current fiscal year.

Sherwin-Williams Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 21st will be paid a $0.80 dividend. 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, August 21st. Sherwin-Williams’s dividend payout ratio is currently 29.49%.

Insiders Place Their Bets

In other Sherwin-Williams news, insider Karl J. Jorgenrud sold 7,886 shares of Sherwin-Williams stock in a transaction dated Friday, August 7th. The stock was 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 $4,398,975.20. The trade was a 39.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.23% of the stock is owned by insiders.

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.