Empowered Funds LLC Grows Position in The Sherwin-Williams Company $SHW

Empowered Funds LLC boosted its position in shares of The Sherwin-Williams Company (NYSE:SHW) by 143.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,059 shares of the specialty chemicals company’s stock after purchasing an additional 15,949 shares during the period. Empowered Funds LLC’s holdings in Sherwin-Williams were worth $8,674,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SHW. Brighton Jones LLC grew its stake in shares of Sherwin-Williams by 73.6% during the fourth quarter. Brighton Jones LLC now owns 1,545 shares of the specialty chemicals company’s stock valued at $525,000 after buying an additional 655 shares during the last quarter. Jump Financial LLC bought a new stake in shares of Sherwin-Williams during the 2nd quarter worth approximately $1,210,000. Sei Investments Co. boosted its holdings in Sherwin-Williams by 43.6% during the 2nd quarter. Sei Investments Co. now owns 196,915 shares of the specialty chemicals company’s stock valued at $67,612,000 after acquiring an additional 59,831 shares during the period. Glenview Trust co grew its position in Sherwin-Williams by 4.8% in the 2nd quarter. Glenview Trust co now owns 3,249 shares of the specialty chemicals company’s stock valued at $1,116,000 after acquiring an additional 148 shares during the last quarter. Finally, Treasurer of the State of North Carolina grew its position in Sherwin-Williams by 1.5% in the 2nd quarter. Treasurer of the State of North Carolina now owns 108,964 shares of the specialty chemicals company’s stock valued at $37,414,000 after acquiring an additional 1,600 shares during the last quarter. Institutional investors own 77.67% of the company’s stock.

Insider Transactions at Sherwin-Williams

In other news, insider Karl J. Jorgenrud sold 7,886 shares of Sherwin-Williams stock in a transaction on Friday, August 7th. The stock was sold at an average price of $368.30, for a total value of $2,904,413.80. Following the transaction, the insider directly owned 11,944 shares in the company, valued at approximately $4,398,975.20. This trade represents a 39.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.23% of the company’s stock.

Sherwin-Williams Stock Down 0.9%

NYSE:SHW opened at $358.40 on Friday. 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 Sherwin-Williams Company has a 1-year low of $289.86 and a 1-year high of $379.65. The company has a 50-day moving average of $336.29 and a 200 day moving average of $332.90. The firm has a market cap of $87.01 billion, a PE ratio of 33.03, a price-to-earnings-growth ratio of 2.69 and a beta of 1.10.

Sherwin-Williams (NYSE:SHW) last posted its earnings results 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. Sherwin-Williams had a net margin of 11.01% and a return on equity of 67.97%. The business had revenue of $6.79 billion for the quarter, compared to the consensus estimate of $6.60 billion. During the same quarter last year, the firm posted $3.38 EPS. The company’s revenue for the quarter was up 7.5% on a year-over-year basis. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. As a group, research analysts anticipate that The Sherwin-Williams Company will post 12.08 EPS for the current fiscal year.

Sherwin-Williams Announces Dividend

The business 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 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 yield of 0.9%. Sherwin-Williams’s dividend payout ratio is currently 29.49%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. The Goldman Sachs Group set a $420.00 target price on Sherwin-Williams in a research report on Wednesday, July 29th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $405.00 price target (up from $391.00) on shares of Sherwin-Williams in a research note on Wednesday, July 8th. BMO Capital Markets reiterated an “outperform” rating and set a $405.00 price objective (up from $400.00) on shares of Sherwin-Williams in a report on Wednesday, July 29th. Jefferies Financial Group reissued a “hold” rating and issued a $375.00 price objective on shares of Sherwin-Williams in a research report on Tuesday, July 28th. Finally, Wells Fargo & Company set a $360.00 target price on shares of Sherwin-Williams and gave the stock an “equal weight” rating in a research note on Wednesday, July 29th. Nine research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $385.44.

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.