1,773 Shares in The Sherwin-Williams Company $SHW Acquired by Oak Thistle LLC

Oak Thistle LLC purchased a new stake in The Sherwin-Williams Company (NYSE:SHW) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,773 shares of the specialty chemicals company’s stock, valued at approximately $610,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Wilkerson Advisory Group LLC raised its stake in shares of Sherwin-Williams by 172.4% in the 1st quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company’s stock valued at $25,000 after acquiring an additional 50 shares during the period. Lloyd Advisory Services LLC. purchased a new stake in Sherwin-Williams during the 4th quarter worth $27,000. Ares Financial Consulting LLC purchased a new stake in Sherwin-Williams during the 4th quarter worth $27,000. Whipplewood Advisors LLC acquired a new stake in Sherwin-Williams in the 1st quarter valued at $28,000. Finally, Eastern Bank increased its holdings in Sherwin-Williams by 50.8% in the 2nd quarter. Eastern Bank now owns 89 shares of the specialty chemicals company’s stock valued at $31,000 after purchasing an additional 30 shares in the last quarter. 77.67% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Sherwin-Williams news, insider Karl J. Jorgenrud sold 7,886 shares of the firm’s stock in a transaction that occurred on 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 in the company, valued at $4,398,975.20. This trade represents a 39.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.23% of the company’s stock.

Sherwin-Williams Stock Performance

Sherwin-Williams stock opened at $360.28 on Thursday. The Sherwin-Williams Company has a 12-month low of $289.86 and a 12-month high of $379.65. 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 company has a market capitalization of $87.46 billion, a price-to-earnings ratio of 33.21, a price-to-earnings-growth ratio of 2.71 and a beta of 1.10. The firm’s fifty day moving average price is $333.99 and its 200 day moving average price is $332.62.

Sherwin-Williams (NYSE:SHW) last posted its quarterly earnings data on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share 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 analysts’ expectations of $6.60 billion. Sherwin-Williams had a net margin of 11.01% and a return on equity of 67.97%. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period in the prior year, the company posted $3.38 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. On average, research analysts forecast 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. Investors of record on Friday, August 21st will be issued a $0.80 dividend. The ex-dividend date of this dividend is Friday, August 21st. This represents a $3.20 dividend on an annualized basis and a yield of 0.9%. Sherwin-Williams’s dividend payout ratio is currently 29.49%.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Jefferies Financial Group restated a “hold” rating and set a $375.00 price objective on shares of Sherwin-Williams in a research note on Tuesday, July 28th. 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 note on Wednesday, July 29th. JPMorgan Chase & Co. raised their target price on Sherwin-Williams from $365.00 to $380.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Guggenheim assumed coverage on Sherwin-Williams in a research report on Monday, August 3rd. They set a “buy” rating and a $400.00 price target on the stock. Finally, UBS Group restated a “neutral” rating and issued a $390.00 price target on shares of Sherwin-Williams in a report on Wednesday, July 29th. Nine equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $385.44.

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.