Vise Technologies Inc. Makes New $4.88 Million Investment in The Sherwin-Williams Company $SHW

Vise Technologies Inc. bought a new position in shares of The Sherwin-Williams Company (NYSE:SHW) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 14,162 shares of the specialty chemicals company’s stock, valued at approximately $4,876,000.

A number of other hedge funds have also modified their holdings of SHW. E Fund Management Co. Ltd. purchased a new position in shares of Sherwin-Williams in the second quarter worth about $291,000. Asahi Life Asset Management CO. LTD. purchased a new stake in Sherwin-Williams during the 2nd quarter valued at about $3,088,000. MSH Capital Advisors LLC purchased a new stake in Sherwin-Williams during the 2nd quarter valued at about $4,817,000. CM Wealth Advisors LLC acquired a new stake in Sherwin-Williams in the 2nd quarter valued at about $836,000. Finally, Johnson Financial Group Inc. acquired a new stake in Sherwin-Williams in the 2nd quarter valued at about $59,000. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Sherwin-Williams

In other news, insider Karl J. Jorgenrud sold 7,886 shares of the business’s stock in a transaction that occurred 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 sale, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Justin T. Binns sold 13,500 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $352.70, for a total transaction of $4,761,450.00. Following the transaction, the insider directly owned 21,937 shares of the company’s stock, valued at $7,737,179.90. The trade was a 38.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.23% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on SHW shares. Royal Bank Of Canada restated an “outperform” rating and set a $405.00 target price (up from $391.00) on shares of Sherwin-Williams in a report on Wednesday, July 8th. Guggenheim assumed coverage on Sherwin-Williams in a report on Monday, August 3rd. They issued a “buy” rating and a $400.00 price target for the company. Weiss Ratings upgraded Sherwin-Williams from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. UBS Group reissued a “neutral” rating and set a $390.00 price objective on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Finally, Evercore restated an “outperform” rating on shares of Sherwin-Williams in a report 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 company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $385.44.

Sherwin-Williams Stock Performance

Sherwin-Williams stock opened at $346.60 on Friday. The firm has a 50 day simple moving average of $339.56 and a 200-day simple moving average of $332.71. The Sherwin-Williams Company has a 1-year low of $289.86 and a 1-year high of $379.65. 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 stock has a market cap of $84.14 billion, a price-to-earnings ratio of 31.94, a price-to-earnings-growth ratio of 2.63 and a beta of 1.10.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 EPS for the quarter, beating the consensus estimate of $3.52 by $0.18. Sherwin-Williams had a net margin of 11.01% and a return on equity of 67.97%. The firm had revenue of $6.79 billion for the quarter, compared to analyst estimates of $6.60 billion. During the same quarter in the previous year, the company earned $3.38 EPS. The business’s revenue for the quarter 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. On average, analysts expect 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. Stockholders of record on Friday, August 21st will be issued a dividend of $0.80 per share. The ex-dividend date 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 currently 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.