The Sherwin-Williams Company (NYSE:SHW) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of The Sherwin-Williams Company (NYSE:SHW) have received a consensus rating of “Moderate Buy” from the fourteen analysts that are covering the stock, Marketbeat reports. Six research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $366.7692.

Several research analysts have commented on SHW shares. Mizuho reduced their price objective on Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating on the stock in a report on Monday, March 23rd. BMO Capital Markets set a $355.00 price target on shares of Sherwin-Williams and gave the company an “outperform” rating in a report on Wednesday, June 3rd. Wells Fargo & Company decreased their price objective on shares of Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 29th. Citigroup began coverage on shares of Sherwin-Williams in a research note on Thursday, June 4th. They set a “buy” rating and a $355.00 target price for the company. Finally, Royal Bank Of Canada cut their target price on Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating for the company in a research note on Thursday, March 19th.

Institutional Investors Weigh In On Sherwin-Williams

Hedge funds have recently modified their holdings of the stock. Brighton Jones LLC grew its position in Sherwin-Williams by 73.6% in the 4th quarter. Brighton Jones LLC now owns 1,545 shares of the specialty chemicals company’s stock valued at $525,000 after buying an additional 655 shares during the last quarter. Empowered Funds LLC raised its holdings in Sherwin-Williams by 11.2% during the first quarter. Empowered Funds LLC now owns 6,236 shares of the specialty chemicals company’s stock worth $2,178,000 after purchasing an additional 626 shares during the last quarter. Jump Financial LLC acquired a new position in Sherwin-Williams during the second quarter worth $1,210,000. Sei Investments Co. raised its holdings in Sherwin-Williams by 43.6% during the second quarter. Sei Investments Co. now owns 196,915 shares of the specialty chemicals company’s stock worth $67,612,000 after purchasing an additional 59,831 shares during the last quarter. Finally, Glenview Trust co increased its position in Sherwin-Williams by 4.8% during the second quarter. Glenview Trust co now owns 3,249 shares of the specialty chemicals company’s stock worth $1,116,000 after buying an additional 148 shares in the last quarter. 77.67% of the stock is owned by institutional investors and hedge funds.

Sherwin-Williams Stock Performance

Shares of SHW opened at $313.08 on Thursday. Sherwin-Williams has a 12 month low of $289.86 and a 12 month high of $379.65. The business’s fifty day simple moving average is $317.22 and its two-hundred day simple moving average is $331.54. The company has a current ratio of 0.86, a quick ratio of 0.53 and a debt-to-equity ratio of 2.10. The company has a market cap of $77.22 billion, a price-to-earnings ratio of 30.05, a P/E/G ratio of 2.78 and a beta of 1.12.

Sherwin-Williams (NYSE:SHW) last posted its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share for the quarter, beating analysts’ consensus estimates of $2.27 by $0.08. The firm had revenue of $5.67 billion for the quarter, compared to analysts’ expectations of $5.56 billion. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.The business’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the firm earned $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Research analysts anticipate that Sherwin-Williams will post 11.77 earnings per share for the current fiscal year.

Sherwin-Williams Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 22nd were paid a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.0%. The ex-dividend date was Friday, May 22nd. Sherwin-Williams’s dividend payout ratio is currently 30.71%.

About Sherwin-Williams

Sherwin-Williams (NYSE: SHW) is a global manufacturer and distributor of paints, coatings and related products. Founded in 1866 and headquartered in Cleveland, Ohio, the company supplies a broad range of coatings for residential, commercial and industrial applications. Its product offering includes architectural paints and stains, industrial and protective coatings, automotive finishes, and a variety of sundry products such as primers, sealants and specialty treatments used by professionals and consumers.

The company sells through multiple channels, including a large network of company-operated retail paint stores that serve professional contractors and do-it-yourself consumers, as well as through distributors and mass retailers.