Findlay Park Partners LLP Invests $37.88 Million in The Sherwin-Williams Company $SHW

Findlay Park Partners LLP purchased a new stake in shares of The Sherwin-Williams Company (NYSE:SHW) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 110,012 shares of the specialty chemicals company’s stock, valued at approximately $37,879,000.

Several other large investors have also recently added to or reduced their stakes in the company. Sapient Capital LLC increased its stake in Sherwin-Williams by 0.3% during the fourth quarter. Sapient Capital LLC now owns 9,176 shares of the specialty chemicals company’s stock valued at $2,993,000 after purchasing an additional 30 shares during the last quarter. Eastern Bank lifted its position in shares of Sherwin-Williams by 50.8% in the 2nd quarter. Eastern Bank now owns 89 shares of the specialty chemicals company’s stock worth $31,000 after buying an additional 30 shares during the last quarter. Deseret Mutual Benefit Administrators lifted its position in shares of Sherwin-Williams by 6.2% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 527 shares of the specialty chemicals company’s stock worth $171,000 after buying an additional 31 shares during the last quarter. Heartland Bank & Trust Co boosted its holdings in shares of Sherwin-Williams by 2.8% in the 1st quarter. Heartland Bank & Trust Co now owns 1,174 shares of the specialty chemicals company’s stock valued at $376,000 after buying an additional 32 shares during the period. Finally, Nicholas Hoffman & Company LLC. boosted its holdings in shares of Sherwin-Williams by 1.9% in the 4th quarter. Nicholas Hoffman & Company LLC. now owns 1,789 shares of the specialty chemicals company’s stock valued at $580,000 after buying an additional 33 shares during the period. 77.67% of the stock is currently owned by institutional investors.

Insider Activity

In other Sherwin-Williams news, insider Karl J. Jorgenrud sold 7,886 shares of the business’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 sale, the insider directly owned 11,944 shares in the company, valued at approximately $4,398,975.20. The trade was a 39.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Justin T. Binns sold 13,500 shares of the stock in a transaction that occurred on 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 trade represents a 38.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.23% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of brokerages have commented on SHW. Wells Fargo & Company set a $360.00 target price on Sherwin-Williams and gave the company an “equal weight” rating in a research note on Wednesday, July 29th. Citigroup reiterated a “buy” rating on shares of Sherwin-Williams in a research report on Wednesday, July 29th. Guggenheim assumed coverage on Sherwin-Williams in a report on Monday, August 3rd. They issued a “buy” rating and a $400.00 price target on the stock. Jefferies Financial Group restated a “hold” rating and set a $375.00 price objective on shares of Sherwin-Williams in a research report on Tuesday, July 28th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $405.00 price objective (up from $391.00) on shares of Sherwin-Williams in a research note on Wednesday, July 8th. Nine investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, Sherwin-Williams currently has an average rating of “Moderate Buy” and a consensus price target of $385.44.

Sherwin-Williams Stock Performance

Shares of NYSE SHW opened at $347.02 on Friday. The Sherwin-Williams Company has a 12-month low of $289.86 and a 12-month high of $379.65. The company has a market cap of $84.24 billion, a PE ratio of 31.98, a P/E/G ratio of 2.58 and a beta of 1.10. The stock has a 50 day simple moving average of $340.16 and a 200-day simple moving average of $332.81. 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 announced its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.52 by $0.18. The company had revenue of $6.79 billion during the quarter, compared to analyst estimates 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 quarter in the previous year, the firm posted $3.38 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. On average, equities research analysts forecast that The Sherwin-Williams Company will post 12.08 EPS for the current year.

Sherwin-Williams Dividend Announcement

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

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.