37,839 Shares in The Sherwin-Williams Company $SHW Acquired by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. acquired a new stake in shares of The Sherwin-Williams Company (NYSE:SHW) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 37,839 shares of the specialty chemicals company’s stock, valued at approximately $13,028,000.

A number of other large investors have also added to or reduced their stakes in the stock. Wilkerson Advisory Group LLC grew its stake 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 acquiring an additional 50 shares during the last quarter. Lloyd Advisory Services LLC. purchased a new position in shares of Sherwin-Williams in the 4th quarter worth about $27,000. Whipplewood Advisors LLC purchased a new position in shares of Sherwin-Williams in the 1st quarter worth about $28,000. Kemnay Advisory Services Inc. bought a new position in Sherwin-Williams in the 4th quarter worth about $30,000. Finally, Tacita Capital Inc bought a new position in Sherwin-Williams in the 2nd quarter worth about $30,000. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Weiss Ratings upgraded shares of Sherwin-Williams from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday. Wells Fargo & Company set a $360.00 target price on shares of Sherwin-Williams and gave the stock an “equal weight” rating in a research note on Wednesday, July 29th. The Goldman Sachs Group set a $420.00 price target on shares of Sherwin-Williams in a report on Wednesday, July 29th. DA Davidson set a $400.00 price target on shares of Sherwin-Williams and gave the company a “buy” rating in a research report on Monday. Finally, Evercore restated an “outperform” rating on shares of Sherwin-Williams in a report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, Sherwin-Williams currently has a consensus rating of “Moderate Buy” and a consensus price target of $386.29.

Sherwin-Williams Stock Performance

Shares of SHW opened at $344.92 on Friday. The firm has a market capitalization of $83.73 billion, a P/E ratio of 31.79, a PEG ratio of 2.57 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 Sherwin-Williams Company has a one year low of $289.86 and a one year high of $377.77. The business has a fifty day moving average of $342.90 and a 200 day moving average of $332.31.

Sherwin-Williams (NYSE:SHW) last announced its earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.52 by $0.18. Sherwin-Williams had a return on equity of 67.97% and a net margin of 11.01%.The business had revenue of $6.79 billion for the quarter, compared to analysts’ expectations of $6.60 billion. During the same period last year, the firm posted $3.38 earnings per share. The business’s revenue for the quarter was up 7.5% on a year-over-year basis. 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 EPS for the current year.

Sherwin-Williams Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 21st will be issued a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Friday, August 21st. Sherwin-Williams’s dividend payout ratio is currently 29.49%.

Insider Activity at Sherwin-Williams

In related news, insider Justin T. Binns sold 13,500 shares of the firm’s stock in a transaction 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 of the company’s stock, valued at approximately $7,737,179.90. This trade represents a 38.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Karl J. Jorgenrud sold 7,886 shares of Sherwin-Williams stock in a transaction on Friday, August 7th. The shares were sold at an average price of $368.30, for a total value 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.23% of the stock is currently owned by company insiders.

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.