Key Points
- Insider Justin Binns sold 13,500 Sherwin-Williams shares at an average price of $352.70, generating $4.76 million and reducing his ownership by 38.1% to 21,937 shares.
- Sherwin-Williams reported quarterly EPS of $3.70, exceeding estimates by $0.18, while revenue rose 7.5% year over year to $6.79 billion. The company guided to fiscal 2026 EPS of $11.80–$12.20.
- Analysts maintain a “Moderate Buy” consensus with an average price target of $385.44, while the company declared a quarterly dividend of $0.80 per share, representing a 0.9% yield.
The Sherwin-Williams Company (NYSE:SHW - Get Free Report) insider Justin Binns sold 13,500 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $352.70, for a total value of $4,761,450.00. Following the transaction, the insider owned 21,937 shares of the company's stock, valued at $7,737,179.90. This represents a 38.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Sherwin-Williams Trading Up 2.3%
Shares of SHW opened at $353.16 on Thursday. The company's fifty day moving average is $338.97 and its 200 day moving average is $332.77. The Sherwin-Williams Company has a fifty-two week low of $289.86 and a fifty-two week high of $379.65. The stock has a market capitalization of $85.73 billion, a PE ratio of 32.55, a P/E/G ratio of 2.57 and a beta of 1.10. The company has a debt-to-equity ratio of 2.16, a quick ratio of 0.46 and a current ratio of 0.73.
Sherwin-Williams (NYSE:SHW - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.52 by $0.18. Sherwin-Williams had a net margin of 11.01% and a return on equity of 67.97%. The company had revenue of $6.79 billion for the quarter, compared to the consensus estimate of $6.60 billion. During the same quarter in the prior year, the firm earned $3.38 earnings per share. Sherwin-Williams's revenue was up 7.5% on a year-over-year basis. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. Sell-side analysts expect that The Sherwin-Williams Company will post 12.08 earnings per share for the current fiscal year.
Sherwin-Williams Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 21st will be given a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, August 21st. Sherwin-Williams's dividend payout ratio is currently 29.49%.
Analysts Set New Price Targets
Several research firms recently commented on SHW. Wells Fargo & Company set a $360.00 price target on Sherwin-Williams and gave the stock an "equal weight" rating in a research report on Wednesday, July 29th. Guggenheim initiated coverage on Sherwin-Williams in a research report on Monday, August 3rd. They set a "buy" rating and a $400.00 price objective on the stock. Jefferies Financial Group reaffirmed a "hold" rating and issued a $375.00 price objective on shares of Sherwin-Williams in a research note on Tuesday, July 28th. Evercore reiterated an "outperform" rating on shares of Sherwin-Williams in a report on Friday, May 8th. Finally, JPMorgan Chase & Co. boosted their target price 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 investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Sherwin-Williams currently has an average rating of "Moderate Buy" and an average price target of $385.44.
Read Our Latest Report on SHW
Institutional Trading of Sherwin-Williams
A number of large investors have recently made changes to their positions in the stock. Wilkerson Advisory Group LLC grew 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 purchasing an additional 50 shares during the last quarter. Lloyd Advisory Services LLC. bought a new stake in Sherwin-Williams during the 4th quarter valued at about $27,000. Ares Financial Consulting LLC purchased a new stake in Sherwin-Williams in the 4th quarter valued at about $27,000. Whipplewood Advisors LLC purchased a new stake in Sherwin-Williams in the 1st quarter valued at about $28,000. Finally, Tacita Capital Inc bought a new position in Sherwin-Williams in the 2nd quarter worth about $30,000. 77.67% of the stock is owned by hedge funds and other institutional investors.
About Sherwin-Williams
(
Get Free Report)
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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