D1 Capital Partners L.P. 13F: Cuts SHW Stake by $167M

D1 Capital Partners L.P. cut its stake in The Sherwin-Williams Company (NYSE: SHW) by 50.8% during the first quarter, according to its latest Form 13F filing with the SEC on May 15, 2026. The investment firm sold 488,371 shares of the paint maker, leaving it with 473,753 shares. The remaining position was valued at approximately $162.35 million at the end of the reporting period.

Inside D1 Capital's Portfolio Shifts

D1 Capital Partners, led by Dan Sundheim, is known for its opportunistic blend of public and private equity investments. The fund sliced its Sherwin-Williams holdings in half, reducing its position from 962,124 shares to 473,753. This fits a broader pattern for the firm in its latest round of filings. On May 15, 2026, the fund also trimmed stakes in other major holdings like Spotify, XPO, and Knight-Swift Transportation. D1 Capital was busy putting cash to work elsewhere, opening a brand-new position in Somnigroup International and boosting its stake in Kilroy Realty.

Sherwin-Williams Stock Holds Steady Above Key Averages

Sherwin-Williams stock recently traded at $342.69. The Cleveland-based paint maker is trading above both its 50-day moving average of $339.02 and its 200-day moving average of $333.43. With a 52-week trading range of $289.86 to $377.77, the company holds a market value of about $78.00 billion. The stock carries a price-to-earnings (P/E) ratio of 29.64, while its forward P/E ratio sits at 23.62 based on future earnings projections.

Recent Earnings

In its latest financial reports, Sherwin-Williams posted annual revenue of $24.41 billion, which represents a 7.5% year-over-year growth rate. The company operates with a net margin of 11.01% and boasts a return on equity of 65.12%. Earnings per share came in at $10.84. Investors looking ahead can mark October 27, 2026, on their calendars, which is when the company is scheduled to report its next quarterly financial results.

Dividend

Shareholders of Sherwin-Williams continue to collect a steady payout from the company's earnings. The company pays an annual dividend rate of $3.20 per share, which translates to a dividend yield of 1.0%. The payout ratio stands at 29.34%, showing that the firm uses less than a third of its profits to cover the dividend, leaving plenty of capital to reinvest in its retail store network and industrial operations.

Wall Street Analysts Maintain Warm Outlook

Financial analysts remain generally positive on the paint manufacturer, which carries a consensus buy recommendation from 22 analysts. On October 13, 2026, Barclays initiated coverage on the stock with an Equal-Weight rating and a $348.00 price target. Earlier that month, on October 9, 2026, RBC Capital maintained an Outperform rating but adjusted its target to $392.00 from $420.00. UBS also kept a Neutral stance on October 5, 2026, trimming its price target to $363.00 from $390.00. The average price target from all analysts covering the stock sits at $391.00.

What Sherwin-Williams Does

Sherwin-Williams is a household name in home improvement and industrial construction. The company manufactures and sells paint, coatings, and related products through its massive network of retail stores and industrial distributors. This deep retail presence makes its stock a key indicator of consumer spending and housing market health.

Looking Ahead on Sherwin-Williams

Investors will want to keep a close eye on raw material costs and housing market trends to see how they impact Sherwin-Williams' margins in the coming quarters. The next major update will arrive with the company's earnings report on October 27, 2026. Remember that 13F filings are backward-looking and only show a snapshot of D1 Capital's portfolio as of the end of the reporting period, meaning the fund may have altered its position since the filing.