The Sherwin-Williams Company $SHW Shares Sold by TD Waterhouse Canada Inc.

20 Oct 2026, 08:57 by Tristan Rich · The Markets Daily

TD Waterhouse Canada Inc. cut its stake in The Sherwin-Williams Company (NYSE:SHW – Free Report) by 9.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,701 shares of the specialty chemicals company’s stock after selling 1,960 shares during the period. TD Waterhouse Canada Inc.’s holdings in Sherwin-Williams were worth $6,323,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Caisse de depot et placement du Quebec bought a new position in Sherwin-Williams in the 2nd quarter worth about $5,473,000. BlackRock Inc. bought a new stake in shares of Sherwin-Williams during the second quarter valued at approximately $6,100,083,000. Milestone Asset Management LLC bought a new stake in shares of Sherwin-Williams during the third quarter valued at approximately $3,153,000. William John Sempolinski bought a new stake in shares of Sherwin-Williams during the second quarter valued at approximately $2,456,000. Finally, Royal Bank of Canada boosted its position in shares of Sherwin-Williams by 9.8% during the first quarter. Royal Bank of Canada now owns 966,561 shares of the specialty chemicals company’s stock worth $309,832,000 after buying an additional 86,254 shares during the period. 77.67% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Sherwin-Williams

In other news, insider Justin T. Binns sold 13,500 shares of Sherwin-Williams 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 transaction, the insider directly owned 21,937 shares in the company, valued at approximately $7,737,179.90. This trade represents a 38.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Karl Jorgenrud sold 7,886 shares of the business’s 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 completion of the sale, the insider directly owned 11,944 shares in the company, valued at $4,398,975.20. This represents a 39.77% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.23% of the stock is currently owned by company insiders.

Sherwin-Williams Trading Down 1.0%

Sherwin-Williams stock opened at $331.89 on Tuesday. The Sherwin-Williams Company has a 12-month low of $289.86 and a 12-month high of $377.77. 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 stock has a market capitalization of $80.57 billion, a PE ratio of 30.59, a price-to-earnings-growth ratio of 2.50 and a beta of 1.08. The firm has a 50 day simple moving average of $332.85 and a 200-day simple moving average of $328.50.

Sherwin-Williams (NYSE:SHW – Get Free Report) last announced its earnings results 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 for the quarter, compared to analysts’ expectations of $6.60 billion. During the same quarter in the previous year, the company earned $3.38 earnings per share. The firm’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. As a group, equities research analysts expect that The Sherwin-Williams Company will post 12.09 EPS for the current fiscal year.

Sherwin-Williams Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 11th. Stockholders of record on Friday, August 21st were given a dividend of $0.80 per share. The ex-dividend date was Friday, August 21st. This represents a $3.20 annualized dividend and a dividend yield of 1.0%. Sherwin-Williams’s dividend payout ratio (DPR) is 29.49%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on SHW shares. Argus increased their price objective on Sherwin-Williams from $355.00 to $380.00 in a report on Thursday, August 27th. Barclays set a $348.00 target price on Sherwin-Williams and gave the company an “equal weight” rating in a research report on Monday, October 12th. Wells Fargo & Company set a $340.00 target price on Sherwin-Williams and gave the company an “equal weight” rating in a research note on Friday, September 25th. Morgan Stanley reaffirmed an “overweight” rating and set a $395.00 target price (up from $385.00) on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Finally, Jefferies Financial Group reiterated a “hold” rating and set a $375.00 price target (up from $360.00) on shares of Sherwin-Williams in a research report on Tuesday, July 28th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $382.08.

Get Our Latest Report on SHW

About Sherwin-Williams

(Free Report)

The Sherwin-Williams Company (NYSE: SHW) develops, manufactures, distributes and sells paints, coatings and related products. Its offerings include architectural paints, industrial coatings, wood finishes, protective coatings, automotive refinishing products, floor coatings and related supplies marketed under brands such as Sherwin-Williams, Valspar, Minwax, Krylon and Dutch Boy.