Company profile

Ticker
SHW
Exchange
CEO
John George Morikis
Employees
Incorporated
Location
Fiscal year end
SEC CIK
IRS number
340526850

SHW stock data

(
)

Calendar

28 Jul 20
20 Sep 20
31 Dec 20

News

Quarter (USD) Jun 20 Mar 20 Sep 19 Jun 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
31 Aug 20 Morikis John G Common Stock Sell Dispose S Yes 676.65 100 67.67K 103,024
31 Aug 20 Morikis John G Common Stock Sell Dispose S Yes 674.11 100 67.41K 103,124
31 Aug 20 Morikis John G Common Stock Sell Dispose S Yes 673.28 1,900 1.28M 103,224
31 Aug 20 Morikis John G Common Stock Sell Dispose S Yes 672.42 5,079 3.42M 105,124
31 Aug 20 Morikis John G Common Stock Sell Dispose S Yes 671.38 9,404 6.31M 110,203
31 Aug 20 Morikis John G Common Stock Sell Dispose S Yes 670.48 5,699 3.82M 119,607
31 Aug 20 Morikis John G Common Stock Option exercise Aquire M Yes 270.12 7,966 2.15M 125,306
31 Aug 20 Morikis John G Common Stock Option exercise Aquire M Yes 239.55 14,316 3.43M 117,340
31 Aug 20 Morikis John G Employee Stock Option Common Stock Option exercise Dispose M No 270.12 7,966 2.15M 9,668
31 Aug 20 Morikis John G Employee Stock Option Common Stock Option exercise Dispose M No 239.55 14,316 3.43M 0
75.1% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 1082 1014 +6.7%
Opened positions 155 89 +74.2%
Closed positions 87 158 -44.9%
Increased positions 367 352 +4.3%
Reduced positions 379 406 -6.7%
13F shares
Current Prev Q Change
Total value 268.29B 280.66B -4.4%
Total shares 68.37M 69.18M -1.2%
Total puts 421.3K 328.1K +28.4%
Total calls 379.1K 395.5K -4.1%
Total put/call ratio 1.1 0.8 +34.0%
Largest owners
Shares Value Change
Vanguard 7.13M $4.12B -4.7%
BLK BlackRock 5.95M $3.44B -0.0%
FMR 3.6M $2.08B -0.1%
STT State Street 3.58M $2.07B +3.6%
Capital World Investors 3.29M $1.9B -6.7%
Massachusetts Financial Services 3.22M $1.86B -5.5%
FSZ Fiera Capital 1.72M $996.32M +6.2%
JPM JPMorgan Chase & Co. 1.38M $795.62M -5.6%
JHG Janus Henderson 1.2M $693.33M +26.2%
Geode Capital Management 1.12M $644.47M +0.3%
Largest transactions
Shares Bought/sold Change
Capital International Investors 649.14K +540.61K +498.1%
Capital Research Global Investors 401.86K -467.76K -53.8%
Viking Global Investors 397.84K +397.84K NEW
Vanguard 7.13M -354.39K -4.7%
Winslow Capital Management 0 -300.54K EXIT
AustralianSuper Pty 0 -292.3K EXIT
UBS UBS 394.05K +270.75K +219.6%
JHG Janus Henderson 1.2M +248.99K +26.2%
Capital World Investors 3.29M -237.23K -6.7%
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 592.04K +230.47K +63.7%

Financial report summary

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Competition
HYBRID Coating
Risks
  • Adverse changes in general business and economic conditions in the United States and worldwide may adversely affect our results of operations, cash flow, liquidity or financial condition.
  • A weakening or reversal of the general economic recovery in the United States and other countries and regions in which we do business, or the continuation or worsening of economic downturns in other countries and regions, may adversely affect our results of operations, cash flow, liquidity or financial condition.
  • Protracted duration of economic downturns in cyclical segments of the economy may depress the demand for some of our products and adversely affect our sales, earnings, cash flow or financial condition.
  • Increases in the cost of raw materials and energy may adversely affect our earnings or cash flow.
  • Although we have an extensive customer base, the loss of any of our largest customers could adversely affect our sales, earnings or cash flow.
  • Increased competition may reduce our sales, earnings or cash flow performance.
  • We require a significant amount of cash to service the substantial amount of debt we have outstanding. Our ability to generate cash depends on many factors beyond our control. We also depend on the business of our subsidiaries to satisfy our cash needs. If we cannot generate the required cash, we may not be able to make the necessary payments required under our indebtedness.
  • Our results of operations, cash flow or financial condition may be negatively impacted if we do not successfully integrate future acquisitions into our existing operations and if the performance of the businesses we acquire do not meet our expectations.
  • Risks and uncertainties associated with our expansion into and our operations in Asia, Europe, South America and other foreign markets could adversely affect our results of operations, cash flow, liquidity or financial condition.
  • Policy changes affecting international trade could adversely impact the demand for our products and our competitive position.
  • Fluctuations in foreign currency exchange rates could adversely affect our results of operations, cash flow, liquidity or financial condition.
  • We are subject to a wide variety of complex domestic and foreign laws, rules and regulations, for which compliance could adversely affect our results of operations, cash flow or financial condition.
  • Adverse weather conditions or impacts of climate change and natural disasters may temporarily reduce the demand for some of our products and could have a negative effect on our sales, earnings or cash flow.
  • Inability to protect or enforce our material trademarks and other intellectual property rights could have an adverse effect on our business.
  • Security breaches and other disruptions to our information technology infrastructure could interfere with our operations, compromise our information and the information of our customers and suppliers and severely harm our business.
  • We are required to comply with numerous complex and increasingly stringent domestic and foreign health, safety and environmental laws and regulations, the cost of which is likely to increase and may adversely affect our results of operations, cash flow or financial condition.
  • We are involved with environmental investigation and remediation activities at some of our currently and formerly owned sites, as well as a number of third-party sites, for which our ultimate liability may exceed the current amount we have accrued.
  • The nature, cost, quantity and outcome of pending and future litigation, such as litigation arising from the historical manufacture and sale of lead pigments and lead-based paint, could have a material adverse effect on our results of operations, cash flow, liquidity and financial condition.
Management Discussion
  • The Company has historically experienced, and expects to continue to experience, variability in quarterly results. The results of operations for the three and six months ended June 30, 2020 are not indicative of the results to be expected for the full year as business is seasonal in nature with the majority of Net sales for the Reportable Segments traditionally occurring during the second and third quarters. However, periods of economic downturn can alter the Company's seasonal patterns.
  • Consolidated net sales decreased in the second quarter of 2020 due primarily to the impacts of COVID-19, which caused demand softness in some end markets in The Americas Group and the Performance Coatings Group, and unfavorable currency translation rate changes, partially offset by higher sales to most of the Consumer Brands Group's retail customers. Currency translation rate changes decreased net sales by 1.5% in the second quarter of 2020. Net sales of all consolidated foreign subsidiaries were down 19.4% to $776.2 million in the second quarter compared to $963.1 million in the same period last year. The decrease in net sales for all consolidated foreign subsidiaries in the second quarter was due primarily to continued demand softness in most end markets from the impacts of COVID-19 and unfavorable currency translation rate changes. Net sales of all operations other than consolidated foreign subsidiaries were down 2.2% to $3.828 billion in the second quarter compared to $3.915 billion in the same period last year.
  • Net sales in The Americas Group decreased in the second quarter of 2020 due primarily to the impacts of COVID-19 on demand in most end market segments served, partially offset by higher DIY paint sales in the U.S. and Canada. Net sales from stores open for more than twelve calendar months in the U.S. and Canada decreased 6.9% in the second quarter compared to last year’s comparable period. Sales of non-paint products decreased 17.0% compared to last year's second quarter. A discussion of changes in volume versus pricing for sales of products other than paint is not pertinent due to the wide assortment of general merchandise sold.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. junior Avg
New words: contemplated, degree, delay, DIY, easing, foregoing, IA, mix, regular, reinstituting, reinstitution, repay, served, titled
Removed: cumulative, essentially, exit, flat, incremental, presented, qualified, suspense, treated, trust