MASTERINVEST Kapitalanlage GmbH Makes New Investment in The Sherwin-Williams Company $SHW

MASTERINVEST Kapitalanlage GmbH bought a new stake in The Sherwin-Williams Company (NYSE:SHW) in the second quarter, Holdings Channel reports. The institutional investor bought 6,043 shares of the specialty chemicals company’s stock, valued at approximately $2,081,000.

Several other hedge funds have also made changes to their positions in the business. BlackRock Inc. acquired a new position in Sherwin-Williams in the 2nd quarter valued at about $6,100,083,000. State Street Corp lifted its position in Sherwin-Williams by 2.4% during the 4th quarter. State Street Corp now owns 15,638,974 shares of the specialty chemicals company’s stock worth $5,067,497,000 after acquiring an additional 364,832 shares during the period. Geode Capital Management LLC grew its stake in shares of Sherwin-Williams by 0.7% in the 4th quarter. Geode Capital Management LLC now owns 5,231,615 shares of the specialty chemicals company’s stock valued at $1,687,498,000 after purchasing an additional 37,145 shares during the last quarter. Norges Bank purchased a new position in shares of Sherwin-Williams in the 4th quarter valued at approximately $1,089,450,000. Finally, Viking Global Investors LP increased its holdings in shares of Sherwin-Williams by 10.1% in the fourth quarter. Viking Global Investors LP now owns 3,172,308 shares of the specialty chemicals company’s stock valued at $1,027,923,000 after purchasing an additional 291,217 shares during the period. Institutional investors and hedge funds own 77.67% of the company’s stock.

Insiders Place Their Bets

In other news, insider Karl J. Jorgenrud sold 7,886 shares of the company’s stock in a transaction on 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 directly owned 11,944 shares of the company’s stock, valued at $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 is available through this hyperlink. Also, insider Justin T. Binns sold 13,500 shares of the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $352.70, for a total transaction of $4,761,450.00. Following the completion of 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 position. 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 Performance

Shares of SHW stock opened at $345.20 on Friday. The company has a market cap of $83.80 billion, a price-to-earnings ratio of 31.82, a price-to-earnings-growth ratio of 2.60 and a beta of 1.10. The stock has a 50 day simple moving average of $342.43 and a 200-day simple moving average of $332.22. The Sherwin-Williams Company has a 12-month low of $289.86 and a 12-month high of $377.77. The company has a current ratio of 0.73, a quick ratio of 0.46 and a debt-to-equity ratio of 2.16.

Sherwin-Williams (NYSE:SHW) last posted 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 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 analysts’ expectations of $6.60 billion. During the same period last year, the firm 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. On average, equities analysts forecast that The Sherwin-Williams Company will post 12.08 EPS for the current 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 issued 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 dividend payout ratio (DPR) is 29.49%.

Analyst Ratings Changes

SHW has been the subject of several analyst reports. The Goldman Sachs Group set a $420.00 price target on Sherwin-Williams in a research note on Wednesday, July 29th. JPMorgan Chase & Co. boosted their price objective on shares of Sherwin-Williams from $365.00 to $380.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Evercore restated an “outperform” rating on shares of Sherwin-Williams in a research report on Friday, May 8th. Guggenheim started coverage on shares of Sherwin-Williams in a research note on Monday, August 3rd. They issued a “buy” rating and a $400.00 target price for the company. Finally, Berenberg Bank set a $380.00 target price on shares of Sherwin-Williams in a report on Monday, June 8th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $386.29.

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.