GTS Securities LLC Buys 8,017 Shares of The Sherwin-Williams Company $SHW

GTS Securities LLC lifted its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 260.0% during the second quarter, Holdings Channel reports. The fund owned 11,100 shares of the specialty chemicals company’s stock after buying an additional 8,017 shares during the quarter. GTS Securities LLC’s holdings in Sherwin-Williams were worth $3,822,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of SHW. Wilkerson Advisory Group LLC increased its stake in Sherwin-Williams by 172.4% in the first quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company’s stock valued at $25,000 after purchasing an additional 50 shares in the last quarter. Lloyd Advisory Services LLC. bought a new position in shares of Sherwin-Williams during the 4th quarter worth about $27,000. Whipplewood Advisors LLC acquired a new stake in shares of Sherwin-Williams in the 1st quarter valued at about $28,000. Tacita Capital Inc acquired a new stake in shares of Sherwin-Williams in the 2nd quarter valued at about $30,000. Finally, Kemnay Advisory Services Inc. bought a new stake in Sherwin-Williams in the 4th quarter valued at about $30,000. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Sherwin-Williams news, insider Karl J. Jorgenrud sold 7,886 shares of Sherwin-Williams 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. 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 through the SEC website. Also, insider Justin T. Binns sold 13,500 shares of the company’s stock in a transaction 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 completion of the sale, the insider owned 21,937 shares of the company’s stock, valued at approximately $7,737,179.90. The trade was a 38.10% decrease in their position. The SEC filing for this sale provides additional information. 0.23% of the stock is owned by insiders.

Sherwin-Williams Stock Performance

Shares of SHW opened at $344.92 on Friday. 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 stock has a 50 day moving average price of $342.90 and a two-hundred day moving average price of $332.31. The firm has a market capitalization of $83.73 billion, a P/E ratio of 31.79, a P/E/G ratio of 2.57 and a beta of 1.10. The Sherwin-Williams Company has a 52 week low of $289.86 and a 52 week high of $377.77.

Sherwin-Williams (NYSE:SHW) last issued its quarterly earnings data on Tuesday, July 28th. The specialty chemicals company reported $3.70 EPS for the quarter, topping 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 firm had revenue of $6.79 billion during the quarter, compared to the consensus estimate of $6.60 billion. During the same period in the prior year, the business posted $3.38 earnings per share. 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. Equities analysts forecast that The Sherwin-Williams Company will post 12.08 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 21st will be paid a dividend of $0.80 per share. The ex-dividend date is Friday, August 21st. This represents a $3.20 annualized dividend and a yield of 0.9%. Sherwin-Williams’s dividend payout ratio (DPR) is 29.49%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on SHW shares. Guggenheim began coverage on Sherwin-Williams in a research note on Monday, August 3rd. They issued a “buy” rating and a $400.00 price objective for the company. JPMorgan Chase & Co. upped their target price on Sherwin-Williams from $365.00 to $380.00 and gave the stock an “overweight” rating in a research 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 report on Wednesday, July 29th. DA Davidson set a $400.00 price target on shares of Sherwin-Williams and gave the company a “buy” rating in a research report on Monday, August 24th. Finally, BMO Capital Markets restated an “outperform” rating and set a $405.00 price target (up from $400.00) on shares of Sherwin-Williams in a research note on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, Sherwin-Williams has a consensus 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.