GTS Securities LLC Has $3.82 Million Stock Position in The Sherwin-Williams Company $SHW

GTS Securities LLC lifted its holdings in shares of The Sherwin-Williams Company (NYSE:SHW) by 260.0% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 11,100 shares of the specialty chemicals company’s stock after buying an additional 8,017 shares during the period. GTS Securities LLC’s holdings in Sherwin-Williams were worth $3,822,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of SHW. Wilkerson Advisory Group LLC lifted its holdings in shares of Sherwin-Williams by 172.4% in the first quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company’s stock worth $25,000 after acquiring an additional 50 shares during the last quarter. Lloyd Advisory Services LLC. acquired a new position in Sherwin-Williams during the 4th quarter worth approximately $27,000. Whipplewood Advisors LLC bought a new position in Sherwin-Williams in the 1st quarter valued at approximately $28,000. Tacita Capital Inc acquired a new stake in Sherwin-Williams in the second quarter valued at approximately $30,000. Finally, Eastern Bank boosted its position in Sherwin-Williams by 50.8% in the second quarter. Eastern Bank now owns 89 shares of the specialty chemicals company’s stock valued at $31,000 after buying an additional 30 shares in the last quarter. 77.67% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Sherwin-Williams

In other Sherwin-Williams news, insider Karl J. Jorgenrud sold 7,886 shares of the company’s 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 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Justin T. Binns sold 13,500 shares of the 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 sale, the insider owned 21,937 shares of the company’s stock, valued at approximately $7,737,179.90. The trade was a 38.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.23% of the stock is owned by insiders.

Sherwin-Williams Stock Down 0.1%

Shares of NYSE:SHW opened at $344.92 on Friday. The firm has a market cap of $83.73 billion, a P/E ratio of 31.79, a P/E/G ratio of 2.57 and a beta of 1.10. The Sherwin-Williams Company has a 12-month low of $289.86 and a 12-month high of $377.77. The business has a fifty day simple moving average of $342.90 and a 200 day simple moving average of $332.31. The company has a quick ratio of 0.46, a current ratio of 0.73 and a debt-to-equity ratio of 2.16.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 EPS for the quarter, beating analysts’ consensus estimates of $3.52 by $0.18. The firm had revenue of $6.79 billion for the quarter, compared to analyst estimates of $6.60 billion. Sherwin-Williams had a return on equity of 67.97% and a net margin of 11.01%.The business’s revenue was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.38 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. Analysts predict that The Sherwin-Williams Company will post 12.08 earnings per share for the current 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 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, August 21st. Sherwin-Williams’s dividend payout ratio (DPR) is currently 29.49%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on SHW shares. Berenberg Bank set a $380.00 price target on shares of Sherwin-Williams in a report on Monday, June 8th. BMO Capital Markets reiterated an “outperform” rating and issued a $405.00 target price (up from $400.00) on shares of Sherwin-Williams in a research report on Wednesday, July 29th. Weiss Ratings raised Sherwin-Williams from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday. The Goldman Sachs Group set a $420.00 price target on Sherwin-Williams in a report on Wednesday, July 29th. Finally, Wells Fargo & Company set a $360.00 price objective on Sherwin-Williams and gave the company an “equal weight” rating in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $386.29.

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.