William John Sempolinski Makes New $2.46 Million Investment in The Sherwin-Williams Company $SHW

William John Sempolinski acquired a new stake in The Sherwin-Williams Company (NYSE:SHWFree Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 7,133 shares of the specialty chemicals company’s stock, valued at approximately $2,456,000. Sherwin-Williams comprises approximately 1.0% of William John Sempolinski’s holdings, making the stock its 23rd largest position.

Several other large investors also recently modified their holdings of the business. BlackRock Inc. purchased a new position in Sherwin-Williams in the second quarter valued at about $6,100,083,000. State Street Corp increased its holdings 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 purchasing an additional 364,832 shares during the last quarter. Geode Capital Management LLC increased its holdings in Sherwin-Williams by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 5,231,615 shares of the specialty chemicals company’s stock worth $1,687,498,000 after purchasing an additional 37,145 shares during the last quarter. Norges Bank acquired a new position in shares of Sherwin-Williams in the 4th quarter valued at approximately $1,089,450,000. Finally, Viking Global Investors LP raised its position in shares of Sherwin-Williams by 10.1% in the 4th 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 in the last quarter. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Sherwin-Williams Trading Up 0.4%

NYSE:SHW opened at $333.51 on Friday. The company has a market cap of $80.96 billion, a PE ratio of 30.74, a P/E/G ratio of 2.47 and a beta of 1.09. The business’s 50 day moving average is $343.07 and its two-hundred day moving average is $331.14. The company has a quick ratio of 0.46, a current ratio of 0.73 and a debt-to-equity ratio of 2.16. The Sherwin-Williams Company has a 52 week low of $289.86 and a 52 week high of $377.77.

Sherwin-Williams (NYSE:SHWGet Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share for the quarter, beating analysts’ consensus estimates of $3.52 by $0.18. The business had revenue of $6.79 billion during the quarter, compared to the consensus estimate of $6.60 billion. Sherwin-Williams had a return on equity of 67.97% and a net margin of 11.01%.The business’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the business earned $3.38 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. On average, analysts predict that The Sherwin-Williams Company will post 12.08 EPS for the current year.

Sherwin-Williams Announces Dividend

The firm also recently disclosed 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. This represents a $3.20 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Friday, August 21st. Sherwin-Williams’s payout ratio is currently 29.49%.

Insider Buying and Selling at Sherwin-Williams

In other Sherwin-Williams news, insider Karl Jorgenrud sold 7,886 shares of the 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 sale, the insider directly owned 11,944 shares of the company’s stock, valued at approximately $4,398,975.20. This represents a 39.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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 transaction of $4,761,450.00. Following the completion of the transaction, the insider owned 21,937 shares in the company, valued at approximately $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. 0.23% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on SHW. The Goldman Sachs Group set a $420.00 price target on shares of Sherwin-Williams in a research report on Wednesday, July 29th. Weiss Ratings raised shares of Sherwin-Williams from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, August 26th. JPMorgan Chase & Co. increased 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. Wells Fargo & Company set a $360.00 price objective on shares of Sherwin-Williams and gave the stock an “equal weight” rating in a report on Wednesday, July 29th. Finally, Evercore reissued an “outperform” rating on shares of Sherwin-Williams in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $386.29.

Get Our Latest Analysis on Sherwin-Williams

Sherwin-Williams Company Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding SHW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Sherwin-Williams Company (NYSE:SHWFree Report).

Institutional Ownership by Quarter for Sherwin-Williams (NYSE:SHW)

Receive News & Ratings for Sherwin-Williams Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sherwin-Williams and related companies with MarketBeat.com's FREE daily email newsletter.