MASTERINVEST Kapitalanlage GmbH Invests $2.08 Million in The Sherwin-Williams Company $SHW

MASTERINVEST Kapitalanlage GmbH acquired a new stake in The Sherwin-Williams Company (NYSE:SHW) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 6,043 shares of the specialty chemicals company’s stock, valued at approximately $2,081,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Fideuram Asset Management Ireland dac purchased a new stake in shares of Sherwin-Williams in the 4th quarter valued at approximately $2,496,000. Kinsale Capital Group Inc. purchased a new stake in shares of Sherwin-Williams during the 4th quarter worth $4,805,000. Blueline Advisors LLC acquired a new position in shares of Sherwin-Williams during the fourth quarter worth $1,694,000. BlackRock Inc. acquired a new position in shares of Sherwin-Williams during the second quarter worth $6,100,083,000. Finally, Royal Bank of Canada increased its holdings in Sherwin-Williams by 9.8% in the first quarter. Royal Bank of Canada now owns 966,561 shares of the specialty chemicals company’s stock valued at $309,832,000 after buying an additional 86,254 shares during the last quarter. 77.67% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

SHW has been the topic of a number of analyst reports. Berenberg Bank set a $380.00 price target on Sherwin-Williams in a research note on Monday, June 8th. BMO Capital Markets reiterated an “outperform” rating and issued a $405.00 price objective (up from $400.00) on shares of Sherwin-Williams in a report on Wednesday, July 29th. JPMorgan Chase & Co. raised their target price on Sherwin-Williams from $365.00 to $380.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. The Goldman Sachs Group set a $420.00 target price on Sherwin-Williams in a research report on Wednesday, July 29th. Finally, Evercore reaffirmed an “outperform” rating on shares of Sherwin-Williams in a report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $386.29.

Insider Transactions at Sherwin-Williams

In related 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 transaction, 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 transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Justin T. Binns sold 13,500 shares of Sherwin-Williams 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 transaction, the insider directly owned 21,937 shares in the company, valued at approximately $7,737,179.90. This trade represents a 38.10% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.23% of the stock is owned by corporate insiders.

Sherwin-Williams Price Performance

Shares of NYSE:SHW opened at $345.20 on Friday. The Sherwin-Williams Company has a 12 month low of $289.86 and a 12 month high of $377.77. The firm has a market capitalization of $83.80 billion, a P/E ratio of 31.82, a P/E/G ratio of 2.60 and a beta of 1.10. 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’s fifty day moving average price is $342.43 and its 200 day moving average price is $332.22.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings data on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share (EPS) for the quarter, beating the consensus estimate 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 net margin of 11.01% and a return on equity of 67.97%. Sherwin-Williams’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $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 predict that The Sherwin-Williams Company will post 12.08 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

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 given 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 dividend yield of 0.9%. Sherwin-Williams’s dividend payout ratio is 29.49%.

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.