Key Points
- Insider sale: Karl Jorgenrud sold 7,886 Sherwin-Williams shares for approximately $2.90 million, reducing his direct ownership by 39.77% to 11,944 shares.
- Strong quarterly results: Sherwin-Williams reported quarterly EPS of $3.70, beating estimates by $0.18, while revenue rose 7.5% year over year to $6.79 billion. The company’s fiscal 2026 EPS guidance is $11.80–$12.20.
- Market outlook: Shares opened at $364.14, and analysts maintain a “Moderate Buy” consensus with an average price target of $385.44. The company also declared a quarterly dividend of $0.80 per share, yielding about 0.9%.
The Sherwin-Williams Company (NYSE:SHW - Get Free Report) insider Karl Jorgenrud sold 7,886 shares of the company's stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $368.30, for a total value of $2,904,413.80. Following the completion of the transaction, the insider directly 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Sherwin-Williams Stock Performance
Shares of SHW stock opened at $364.14 on Wednesday. The business's 50-day moving average price is $332.72 and its 200-day moving average price is $332.55. The Sherwin-Williams Company has a 12 month low of $289.86 and a 12 month high of $379.65. The firm has a market capitalization of $88.40 billion, a price-to-earnings ratio of 33.56, a PEG ratio of 2.70 and a beta of 1.10. The company has a current ratio of 0.73, a quick ratio of 0.46 and a debt-to-equity ratio of 2.16.
Sherwin-Williams (NYSE:SHW - Get Free Report) 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 return on equity of 67.97% and a net margin of 11.01%.The firm's revenue was up 7.5% compared to the same quarter last year. 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. Equities research analysts forecast that The Sherwin-Williams Company will post 12.08 EPS for the current year.
Sherwin-Williams Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 21st will be given a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 0.9%. The ex-dividend date is Friday, August 21st. Sherwin-Williams's dividend payout ratio is 29.49%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Sapient Capital LLC lifted its position in shares of Sherwin-Williams by 0.3% during the fourth quarter. Sapient Capital LLC now owns 9,176 shares of the specialty chemicals company's stock worth $2,993,000 after purchasing an additional 30 shares in the last quarter. Eastern Bank increased its stake in Sherwin-Williams by 50.8% during the 2nd quarter. Eastern Bank now owns 89 shares of the specialty chemicals company's stock worth $31,000 after buying an additional 30 shares during the period. Deseret Mutual Benefit Administrators lifted its holdings in Sherwin-Williams by 6.2% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 527 shares of the specialty chemicals company's stock worth $171,000 after buying an additional 31 shares in the last quarter. Heartland Bank & Trust Co boosted its position in Sherwin-Williams by 2.8% in the 1st quarter. Heartland Bank & Trust Co now owns 1,174 shares of the specialty chemicals company's stock valued at $376,000 after buying an additional 32 shares during the last quarter. Finally, Nicholas Hoffman & Company LLC. grew its stake in shares of Sherwin-Williams by 1.9% during the fourth quarter. Nicholas Hoffman & Company LLC. now owns 1,789 shares of the specialty chemicals company's stock valued at $580,000 after acquiring an additional 33 shares in the last quarter. Institutional investors and hedge funds own 77.67% of the company's stock.
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on the stock. Berenberg Bank set a $380.00 price target on shares of Sherwin-Williams in a report on Monday, June 8th. BMO Capital Markets restated 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. Wells Fargo & Company set a $360.00 target price on Sherwin-Williams and gave the stock an "equal weight" rating in a research report on Wednesday, July 29th. The Goldman Sachs Group set a $420.00 target price on Sherwin-Williams in a report on Wednesday, July 29th. Finally, JPMorgan Chase & Co. upped their price target on Sherwin-Williams from $365.00 to $380.00 and gave the company an "overweight" rating in a research report on Wednesday, July 29th. Nine equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $385.44.
Get Our Latest Research Report on SHW
Sherwin-Williams Company Profile
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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.
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