Sherwin-Williams (NYSE:SHW) Raised to "Strong-Buy" at DA Davidson

Key Points

• DA Davidson upgraded Sherwin-Williams to “strong buy.” Across analysts, the stock has a consensus “Moderate Buy” rating and an average price target of $386.29.
• Sherwin-Williams reported quarterly EPS of $3.70, beating estimates by $0.18, while revenue rose 7.5% year over year to $6.79 billion. Management provided fiscal 2026 EPS guidance of $11.80–$12.20.
• SHW opened at $350.27, with a market capitalization of approximately $85.03 billion. Insiders recently sold shares, while hedge funds and institutional investors collectively own 77.67% of the stock.

Sherwin-Williams (NYSE:SHW - Get Free Report) was upgraded by equities research analysts at DA Davidson to a "strong-buy" rating in a research report issued on Monday,Zacks.com reports.

Several other research analysts have also commented on the stock. BMO Capital Markets restated an "outperform" rating and issued a $405.00 price objective (up from $400.00) on shares of Sherwin-Williams in a report on Wednesday, July 29th. Jefferies Financial Group reaffirmed a "hold" rating and set a $375.00 target price on shares of Sherwin-Williams in a research note on Tuesday, July 28th. Morgan Stanley reiterated an "overweight" rating and set a $395.00 price target (up from $385.00) on shares of Sherwin-Williams in a research report on Wednesday, July 29th. Berenberg Bank set a $380.00 price target on shares of Sherwin-Williams in a research note on Monday, June 8th. Finally, Citigroup restated a "buy" rating on shares of Sherwin-Williams in a report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and seven have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Sherwin-Williams has an average rating of "Moderate Buy" and a consensus target price of $386.29.

Sherwin-Williams Price Performance

Shares of SHW stock opened at $350.27 on Monday. The company has a debt-to-equity ratio of 2.16, a quick ratio of 0.46 and a current ratio of 0.73. Sherwin-Williams has a fifty-two week low of $289.86 and a fifty-two week high of $377.77. The firm has a market cap of $85.03 billion, a P/E ratio of 32.28, a P/E/G ratio of 2.58 and a beta of 1.10. The business's 50 day moving average price is $341.24 and its 200-day moving average price is $332.43.

Sherwin-Williams (NYSE:SHW - Get Free Report) last announced its earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 EPS for the quarter, beating 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 company had revenue of $6.79 billion during the quarter, compared to the consensus estimate of $6.60 billion. During the same quarter in the prior year, the company earned $3.38 earnings per share. The firm's revenue for the quarter was up 7.5% on a year-over-year basis. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. On average, equities research analysts anticipate that Sherwin-Williams will post 12.08 earnings per share for the current year.

Insider Transactions at Sherwin-Williams

In other news, insider Karl J. Jorgenrud sold 7,886 shares of the company's stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $368.30, for a total value of $2,904,413.80. Following the sale, the insider directly owned 11,944 shares of the company's stock, valued at $4,398,975.20. This represents a 39.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Justin T. Binns sold 13,500 shares of the stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $352.70, for a total transaction 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 SEC filing for this sale provides additional information. 0.23% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Sherwin-Williams

Several large investors have recently made changes to their positions in SHW. Wilkerson Advisory Group LLC increased its position in Sherwin-Williams by 172.4% during the 1st quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company's stock valued at $25,000 after buying an additional 50 shares in the last quarter. Lloyd Advisory Services LLC. bought a new stake in Sherwin-Williams in the fourth quarter worth $27,000. Ares Financial Consulting LLC bought a new stake in Sherwin-Williams in the fourth quarter worth $27,000. Montgomery Financial Services LLC purchased a new stake in shares of Sherwin-Williams in the second quarter worth $29,000. Finally, Whipplewood Advisors LLC bought a new position in shares of Sherwin-Williams during the first quarter valued at $28,000. 77.67% of the stock is currently owned by hedge funds and other institutional investors.

Sherwin-Williams Company Profile

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.

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