Sherwin-Williams’ (SHW) “Outperform” Rating Reiterated at Royal Bank Of Canada

Sherwin-Williams (NYSE:SHW)‘s stock had its “outperform” rating reissued by research analysts at Royal Bank Of Canada in a note issued to investors on Tuesday, September 22nd, Benzinga reports. They presently have a $420.00 price objective on the specialty chemicals company’s stock. Royal Bank Of Canada’s price target indicates a potential upside of 31.01% from the stock’s previous close.

A number of other analysts have also issued reports on the company. BMO Capital Markets reaffirmed an “outperform” rating and set a $405.00 target price (up from $400.00) on shares of Sherwin-Williams in a research report on Wednesday, July 29th. The Goldman Sachs Group set a $420.00 price target on Sherwin-Williams in a research note on Wednesday, July 29th. Jefferies Financial Group reiterated a “hold” rating and issued a $375.00 price target on shares of Sherwin-Williams in a research note on Tuesday, July 28th. Guggenheim started coverage on Sherwin-Williams in a research note on Monday, August 3rd. They issued a “buy” rating and a $400.00 price target for the company. Finally, Weiss Ratings upgraded Sherwin-Williams from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $387.47.

Sherwin-Williams Stock Down 0.8%

Shares of NYSE SHW traded down $2.69 during midday trading on Tuesday, reaching $320.58. 1,627,084 shares of the company’s stock were exchanged, compared to its average volume of 1,968,013. Sherwin-Williams has a 52-week low of $289.86 and a 52-week high of $377.77. The stock has a market capitalization of $77.82 billion, a PE ratio of 29.55, a price-to-earnings-growth ratio of 2.46 and a beta of 1.09. The company has a debt-to-equity ratio of 2.16, a quick ratio of 0.46 and a current ratio of 0.73. The business’s fifty day moving average price is $339.28 and its two-hundred day moving average price is $327.81.

Sherwin-Williams (NYSE:SHW) last announced its earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.52 by $0.18. Sherwin-Williams had a return on equity of 67.97% and a net margin of 11.01%.The business had revenue of $6.79 billion for the quarter, compared to analyst estimates of $6.60 billion. During the same period in the previous year, the company earned $3.38 earnings per share. The company’s revenue for the quarter 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. Analysts forecast that Sherwin-Williams will post 12.09 EPS for the current year.

Insider Buying and Selling

In other Sherwin-Williams news, insider Karl Jorgenrud sold 7,886 shares of Sherwin-Williams stock in a transaction that occurred 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 transaction, the insider directly owned 11,944 shares in the company, valued at $4,398,975.20. The trade was a 39.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Justin T. Binns sold 13,500 shares of Sherwin-Williams stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $352.70, for a total value of $4,761,450.00. Following the completion of the transaction, the insider owned 21,937 shares of the company’s stock, valued at approximately $7,737,179.90. The trade was a 38.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.23% of the company’s stock.

Hedge Funds Weigh In On Sherwin-Williams

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. BlackRock Inc. acquired a new position in Sherwin-Williams in the second quarter valued at approximately $6,100,083,000. State Street Corp boosted its position in shares of Sherwin-Williams by 2.4% during the fourth quarter. State Street Corp now owns 15,638,974 shares of the specialty chemicals company’s stock worth $5,067,497,000 after buying an additional 364,832 shares during the period. Geode Capital Management LLC boosted its position in shares of Sherwin-Williams by 0.7% during the fourth quarter. Geode Capital Management LLC now owns 5,231,615 shares of the specialty chemicals company’s stock worth $1,687,498,000 after buying an additional 37,145 shares during the period. Norges Bank acquired a new position in shares of Sherwin-Williams during the fourth quarter worth approximately $1,089,450,000. Finally, Wellington Management Group LLP boosted its position in shares of Sherwin-Williams by 133.7% during the second quarter. Wellington Management Group LLP now owns 2,784,679 shares of the specialty chemicals company’s stock worth $958,821,000 after buying an additional 1,593,009 shares during the period. 77.67% of the stock is currently owned by institutional investors and hedge funds.

More Sherwin-Williams News

Here are the key news stories impacting Sherwin-Williams this week:

• Positive Sentiment: Expanded Statesville facility: Sherwin-Williams officially opened the expanded architectural coatings plant in Statesville, North Carolina. The investment makes it the company’s largest North American manufacturing facility and is expected to increase production capacity, automation and distribution efficiency while improving supply-chain responsiveness and customer service. Sherwin-Williams Statesville facility announcement
• Neutral Sentiment: Upcoming earnings report: SHW will release third-quarter 2026 financial results before the market opens on October 27. The report will provide an update on demand, margins and whether the company remains on track for its full-year EPS guidance of $11.80 to $12.20. Sherwin-Williams third-quarter 2026 earnings date
• Neutral Sentiment: Analyst coverage remains favorable overall: Citigroup lowered its price target to $400 from $415 but maintained a Buy rating, suggesting reduced near-term upside expectations rather than a change in its fundamental view. Citigroup Sherwin-Williams price target update
• Negative Sentiment: New financing adds leverage concerns: Sherwin-Williams reportedly secured a $750 million term loan. While the funds could support corporate needs or investment, additional debt may weigh on sentiment given the company’s already elevated leverage. Sherwin-Williams $750 million term loan

About Sherwin-Williams

The Sherwin-Williams Company (NYSE: SHW) manufactures, distributes and sells paints, coatings, floorcoverings and related products. Its offerings serve residential, commercial, industrial, automotive and specialty applications, including architectural paints, protective and marine coatings, industrial finishes, automotive refinishing products, wood stains and surface-preparation materials.

Founded in 1866 by Henry Sherwin and Edward Williams, the company is headquartered in Cleveland, Ohio.