Taylor Securities' Latest Holdings
Taylor Securities Discloses New Sherwin-Williams Stake and Increased Positions in Key Equities
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Key Points
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For Sherwin-Williams (SHW), Royal Bank of Canada lowered its price objective to $376 from $390 while keeping an “outperform” rating, adding another data point to the mixed analyst outlook referenced in the filings.
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Invesco S&P 500 Equal Weight ETF (RSP) materials described in the coverage note that the fund aims to track as closely as possible the daily performance of the S&P 500 Equal Weight Index, and the article also cites key market stats including a beta of 0.91, P/E of 20.10, a 52-week range of $175.98–$214.30, and a market cap of about $90.58 billion.
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For Watsco (WSO), the coverage specifies that the stock makes up 3.6% of Taylor Securities’ holdings and is its 7th-largest position, and it cites that 89.71% of WSO shares are owned by institutional investors.
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For Lockheed Martin (LMT), the coverage states that LMT represents about 1.0% of Taylor Securities’ portfolio and is the firm’s 13th-largest holding, while citing that 74.19% of shares are owned by hedge funds and other institutional investors; it also notes analyst price-target cuts including BNP Paribas Exane reducing its target from $770 to $680 (outperform) and TD Cowen lowering its target from $670 to $600 (hold).
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For Sherwin-Williams (SHW), the coverage also quantified that hedge funds and other institutional investors own 77.67% of the company’s stock, reinforcing how concentrated institutional positioning is alongside Taylor’s new starter stake.
Taylor Securities Services Inc. quietly built four new positions in the first quarter of 2026, including a starter stake of 1,600 shares in Sherwin-Williams worth about $518,000, according to MarketBeat. The Harrisburg-based firm, which manages roughly $253 million in assets, also picked up shares of Lockheed Martin, Watsco, and the Invesco S&P 500 Equal Weight ETF — a mix that points to a deliberate tilt toward defensive and industrial names.
The disclosures came through a 13F-HR filing with the SEC on May 14, 2026, covering a portfolio of about $214.19 million spread across 55 holdings, per Optionar. Institutional investors already dominate each of these stocks — owning between 74% and 90% of shares — making Taylor's entries small but strategically telling.
Taylor Bets Big on Watsco, Small on Sherwin-Williams
The largest single buy was Watsco, the HVAC distributor. Taylor Securities purchased 23,600 shares for about $7.95 million, making it the firm's 7th-largest holding at 3.6% of the portfolio, according to Fintel. Institutional investors already own 89.71% of Watsco shares. The stock has compounded at roughly 18% annually over 36 years, per Watsco IR.
The Sherwin-Williams stake is far smaller — 1,600 shares at roughly $518,000. But it lands in a stock where institutions already hold 77.67% of shares, per Fintel. Sei Investments Co. alone holds nearly 200,000 shares worth about $67.6 million, dwarfing Taylor's entry but signaling the same directional bet on the paint giant.
Analysts Cut Lockheed Martin Targets After Earnings Miss
Taylor Securities bought 4,692 shares of Lockheed Martin for about $2.27 million, making it the firm's 13th-largest holding at roughly 1.0% of the portfolio. The timing was tricky. Lockheed missed both revenue and earnings estimates in its Q1 2026 report on April 21, triggering a wave of analyst target cuts, according to MarketBeat.
BNP Paribas Exane cut its price target from $770 to $680, keeping an outperform rating. TD Cowen's Gautam Khanna went further, slashing his target from $670 to $600 and holding a "hold" rating, citing a "valuation reset" across the defense sector, per TipRanks. On the credit side, S&P Global revised Lockheed's outlook to "Positive" on May 28, pointing to a $186 billion order backlog as a long-term buffer.
RBC Trims Sherwin-Williams Target Amid Housing Worries
Royal Bank of Canada analyst Arun Viswanathan lowered his Sherwin-Williams price target to $376 from $390 on February 17, keeping an "outperform" rating. He cited "raw material-related risks" and a "weak housing outlook" as the main concerns, according to Investing.com. The cut adds to a mixed picture for the stock even as its gross profit margin holds near 48.85%.
Despite the cautious tone, institutional positioning tells a different story. Institutions own 77.67% of Sherwin-Williams shares, and large players like Sei Investments keep adding. Taylor's 1,600-share entry looks like a first step — a "starter stake" in the language used by financial data services — rather than a full commitment at current prices.
Equal-Weight ETF Buy Signals a Hedge Against Tech Dominance
Taylor Securities also bought 2,932 shares of the Invesco S&P 500 Equal Weight ETF, ticker RSP, for about $562,000. Unlike a standard S&P 500 fund, RSP gives equal weight to all 500 companies — not more weight to the biggest tech names. It carries a beta of 0.91, meaning it moves slightly less than the broader market, per Optionar. Its 52-week range runs from $175.98 to $214.30, with a market cap of about $90.58 billion.
The purchase fits a pattern seen across the four trades. Taylor appears to be rotating toward value, infrastructure, and diversification — away from growth-heavy, market-cap-weighted exposure. If other small and mid-sized advisers follow a similar path, market analysts warn it could accelerate a broader rotation out of technology and into defensive sectors, according to MarketBeat.
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