Beacon Investment Advisory Services Inc. Lowers Stock Holdings in The Sherwin-Williams Company $SHW

Beacon Investment Advisory Services Inc. lessened its stake in The Sherwin-Williams Company (NYSE:SHW) by 90.1% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,402 shares of the specialty chemicals company’s stock after selling 58,195 shares during the period. Beacon Investment Advisory Services Inc.’s holdings in Sherwin-Williams were worth $2,204,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SHW. Sapient Capital LLC grew its stake in shares of Sherwin-Williams by 0.3% in the 4th quarter. Sapient Capital LLC now owns 9,176 shares of the specialty chemicals company’s stock valued at $2,993,000 after purchasing an additional 30 shares during the last quarter. Eastern Bank raised its stake in shares of Sherwin-Williams by 50.8% during the second quarter. Eastern Bank now owns 89 shares of the specialty chemicals company’s stock worth $31,000 after purchasing an additional 30 shares during the last quarter. Deseret Mutual Benefit Administrators raised its stake in shares of Sherwin-Williams by 6.2% during the fourth quarter. Deseret Mutual Benefit Administrators now owns 527 shares of the specialty chemicals company’s stock worth $171,000 after purchasing an additional 31 shares during the last quarter. Heartland Bank & Trust Co lifted its holdings in shares of Sherwin-Williams by 2.8% during the first quarter. Heartland Bank & Trust Co now owns 1,174 shares of the specialty chemicals company’s stock worth $376,000 after purchasing an additional 32 shares during the period. Finally, Physician Wealth Advisors Inc. lifted its holdings in shares of Sherwin-Williams by 8.5% during the first quarter. Physician Wealth Advisors Inc. now owns 432 shares of the specialty chemicals company’s stock worth $138,000 after purchasing an additional 34 shares during the period. 77.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

SHW has been the topic of several recent research reports. BMO Capital Markets reissued an “outperform” rating and issued a $405.00 price objective (up from $400.00) on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Weiss Ratings raised shares of Sherwin-Williams from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, August 26th. Royal Bank Of Canada reiterated an “outperform” rating and set a $405.00 price target (up from $391.00) on shares of Sherwin-Williams in a research note on Wednesday, July 8th. UBS Group reissued a “neutral” rating and set a $390.00 price target on shares of Sherwin-Williams in a report on Wednesday, July 29th. Finally, Berenberg Bank set a $380.00 price objective on shares of Sherwin-Williams in a research report on Monday, June 8th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $386.29.

Sherwin-Williams Trading Down 2.3%

NYSE:SHW opened at $326.16 on Wednesday. The stock has a fifty day moving average price of $342.51 and a two-hundred day moving average price of $330.36. The stock has a market capitalization of $79.18 billion, a price-to-earnings ratio of 30.06, a PEG ratio of 2.49 and a beta of 1.09. The company has a debt-to-equity ratio of 2.16, a quick ratio of 0.46 and a current ratio of 0.73. The Sherwin-Williams Company has a 1 year low of $289.86 and a 1 year high of $377.77.

Sherwin-Williams (NYSE:SHW) last released its 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 company had revenue of $6.79 billion during the quarter, compared to the consensus estimate of $6.60 billion. Sherwin-Williams had a return on equity of 67.97% and a net margin of 11.01%.Sherwin-Williams’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter last year, the company earned $3.38 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. As a group, sell-side analysts anticipate that The Sherwin-Williams Company will post 12.08 earnings per share for the current fiscal year.

Sherwin-Williams Announces Dividend

The business also recently disclosed 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. The ex-dividend date is Friday, August 21st. This represents a $3.20 annualized dividend and a dividend yield of 1.0%. Sherwin-Williams’s dividend payout ratio (DPR) is 29.49%.

Insider Activity

In related news, insider Karl 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 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. The trade was a 39.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Justin T. Binns sold 13,500 shares of the company’s 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 owned 21,937 shares in the company, valued at $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 company insiders.

Sherwin-Williams Company Profile

The Sherwin-Williams Company (NYSE: SHW) develops, manufactures, distributes and sells paints, coatings, floorcoverings and related products. Its offerings serve professional contractors, industrial and commercial customers, retailers and do-it-yourself consumers, with products used in residential, commercial, industrial and infrastructure applications.

The company operates through three primary business segments: Paint Stores Group, which supplies professional painting contractors through company-operated stores; Consumer Brands Group, which markets products through home-improvement retailers and other channels; and Performance Coatings Group, which provides specialized coatings for industrial, automotive, aerospace, packaging and other markets.