Ceredex Value Advisors LLC Takes Position in The Sherwin-Williams Company $SHW

Ceredex Value Advisors LLC purchased a new stake in The Sherwin-Williams Company (NYSE:SHW) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 65,800 shares of the specialty chemicals company’s stock, valued at approximately $22,656,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SHW. Fideuram Asset Management Ireland dac purchased a new stake in Sherwin-Williams during the 4th quarter worth approximately $2,496,000. Kinsale Capital Group Inc. purchased a new position in shares of Sherwin-Williams in the fourth quarter valued at approximately $4,805,000. Calamos Advisors LLC lifted its position in shares of Sherwin-Williams by 5.4% in the fourth quarter. Calamos Advisors LLC now owns 180,602 shares of the specialty chemicals company’s stock valued at $58,520,000 after acquiring an additional 9,196 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of 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 acquiring an additional 600,119 shares during the last quarter. Finally, Eos Management L.P. boosted its stake in shares of Sherwin-Williams by 23.6% in the fourth quarter. Eos Management L.P. now owns 15,261 shares of the specialty chemicals company’s stock worth $4,945,000 after acquiring an additional 2,909 shares during the last quarter. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Wall Street Analyst Weigh In

SHW has been the subject of several recent research reports. Berenberg Bank set a $380.00 price objective on Sherwin-Williams in a research note on Monday, June 8th. UBS Group reaffirmed a “neutral” rating and set a $390.00 target price on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Wells Fargo & Company set a $360.00 target price on shares of Sherwin-Williams and gave the stock an “equal weight” rating in a report on Wednesday, July 29th. Morgan Stanley reiterated an “overweight” rating and issued a $395.00 target price (up from $385.00) on shares of Sherwin-Williams in a research report on Wednesday, July 29th. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $405.00 price target (up from $400.00) on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Nine equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $385.44.

Insiders Place Their Bets

In other news, insider Karl J. Jorgenrud sold 7,886 shares of the stock in a transaction on Friday, August 7th. The stock was sold at an average price of $368.30, for a total transaction of $2,904,413.80. Following the completion of the transaction, the insider directly 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 document filed with the SEC, which can be accessed through this hyperlink. Also, insider Justin T. Binns sold 13,500 shares of the firm’s stock in a transaction dated 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 sale, 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.23% of the company’s stock.

Sherwin-Williams Stock Down 2.0%

SHW stock opened at $346.60 on Friday. The firm has a market cap of $84.14 billion, a PE ratio of 31.94, a PEG ratio of 2.63 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. The firm’s 50 day moving average price is $339.56 and its 200-day moving average price is $332.71. The Sherwin-Williams Company has a one year low of $289.86 and a one year high of $379.65.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings data on Tuesday, July 28th. The specialty chemicals company reported $3.70 EPS for the quarter, beating analysts’ consensus estimates of $3.52 by $0.18. The firm had revenue of $6.79 billion for the quarter, compared to analysts’ expectations of $6.60 billion. Sherwin-Williams had a return on equity of 67.97% and a net margin of 11.01%.The firm’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period 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. On average, equities research analysts anticipate 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 paid a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, August 21st. Sherwin-Williams’s dividend payout ratio is 29.49%.

Sherwin-Williams 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.