Tema ETFs LLC Sells 2,083 Shares of The Sherwin-Williams Company $SHW

Tema ETFs LLC trimmed its position in The Sherwin-Williams Company (NYSE:SHW) by 35.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,851 shares of the specialty chemicals company’s stock after selling 2,083 shares during the period. Tema ETFs LLC’s holdings in Sherwin-Williams were worth $1,326,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Fideuram Asset Management Ireland dac bought a new position in shares of Sherwin-Williams in the 4th quarter worth about $2,496,000. Kinsale Capital Group Inc. bought a new stake in Sherwin-Williams during the fourth quarter worth about $4,805,000. Calamos Advisors LLC boosted its stake in Sherwin-Williams by 5.4% during the fourth quarter. Calamos Advisors LLC now owns 180,602 shares of the specialty chemicals company’s stock worth $58,520,000 after acquiring an additional 9,196 shares in the last quarter. Vanguard Group Inc. grew its holdings in Sherwin-Williams by 2.7% in the fourth quarter. Vanguard Group Inc. now owns 23,237,824 shares of the specialty chemicals company’s stock worth $7,529,752,000 after purchasing an additional 600,119 shares during the period. Finally, Blueline Advisors LLC purchased a new stake in Sherwin-Williams in the fourth quarter worth about $1,694,000. Institutional investors own 77.67% of the company’s stock.

Analyst Upgrades and Downgrades

SHW has been the subject of several recent research reports. Wells Fargo & Company set a $360.00 target price on shares of Sherwin-Williams and gave the company an “equal weight” rating in a report on Wednesday, July 29th. Citigroup restated a “buy” rating on shares of Sherwin-Williams in a research note on Wednesday, July 29th. JPMorgan Chase & Co. lifted their price objective on Sherwin-Williams from $365.00 to $380.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Jefferies Financial Group reissued a “hold” rating and issued a $375.00 target price on shares of Sherwin-Williams in a report on Tuesday, July 28th. Finally, Evercore reissued an “outperform” rating on shares of Sherwin-Williams in a research note on Friday, May 8th. Nine equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, Sherwin-Williams currently has an average rating of “Moderate Buy” and an average price target of $385.44.

Insider Transactions at Sherwin-Williams

In other Sherwin-Williams news, insider Karl J. Jorgenrud sold 7,886 shares of the company’s stock in a transaction dated Friday, August 7th. The shares were 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 approximately $4,398,975.20. This represents a 39.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.23% of the company’s stock.

Sherwin-Williams Price Performance

Shares of NYSE SHW opened at $361.62 on Friday. The firm has a market cap of $87.79 billion, a P/E ratio of 33.33, a PEG ratio of 2.68 and a beta of 1.10. The Sherwin-Williams Company has a twelve month low of $289.86 and a twelve month high of $379.65. The company has a quick ratio of 0.46, a current ratio of 0.73 and a debt-to-equity ratio of 2.16. The company has a 50 day moving average of $335.22 and a 200 day moving average of $332.72.

Sherwin-Williams (NYSE:SHW) last posted its earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $6.60 billion. During the same quarter last year, the company earned $3.38 EPS. The company’s quarterly revenue was up 7.5% compared to the same quarter last year. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. As a group, research analysts expect that The Sherwin-Williams Company will post 12.08 EPS for the current fiscal year.

Sherwin-Williams Dividend Announcement

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

About Sherwin-Williams

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.