Sherwin-Williams (NYSE:SHW) Stock Gets Price Target Cut from JPMorgan Chase & Co.

Key Points

• JPMorgan cut Sherwin-Williams’ price target to $375 from $380 but maintained an “overweight” rating, implying about 17% upside from the prior close.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and average price target of $378.92; 16 analysts rate the stock a Buy and 11 rate it a Hold.
• Sherwin-Williams’ latest quarterly EPS of $3.63 missed expectations of $3.69, although revenue rose 7.9% year over year to $6.86 billion. Higher costs pressured margins, while sluggish housing and DIY demand remain headwinds.

Sherwin-Williams (NYSE:SHW - Get Free Report) had its target price lowered by equities research analysts at JPMorgan Chase & Co. from $380.00 to $375.00 in a research report issued on Wednesday, Benzinga reports. The firm currently has an "overweight" rating on the specialty chemicals company's stock. JPMorgan Chase & Co.'s price objective would suggest a potential upside of 17.03% from the company's previous close.

Several other equities analysts also recently weighed in on the company. KeyCorp began coverage on Sherwin-Williams in a research report on Thursday, September 10th. They issued a "sector weight" rating on the stock. BNP Paribas Exane increased their price objective on Sherwin-Williams from $345.00 to $360.00 and gave the company a "neutral" rating in a research note on Thursday, July 30th. Stephens decreased their price objective on Sherwin-Williams from $375.00 to $353.00 and set a "hold" rating on the stock in a report on Tuesday, September 22nd. Morgan Stanley reaffirmed an "overweight" rating and set a $395.00 target price (up from $385.00) on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Finally, Weiss Ratings raised shares of Sherwin-Williams from a "hold (c+)" rating to a "buy (b-)" rating in a report on Friday, October 9th. Sixteen investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $378.92.

Sherwin-Williams Price Performance

Shares of Sherwin-Williams stock traded down $5.57 on Wednesday, hitting $320.44. The company's stock had a trading volume of 1,748,843 shares, compared to its average volume of 1,931,745. 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 1 year low of $289.86 and a 1 year high of $377.77. The firm has a fifty day moving average price of $330.66 and a 200-day moving average price of $333.48. The company has a market capitalization of $77.79 billion, a price-to-earnings ratio of 29.53, a price-to-earnings-growth ratio of 2.63 and a beta of 1.08.

Sherwin-Williams (NYSE:SHW - Get Free Report) last announced its earnings results on Tuesday, October 27th. The specialty chemicals company reported $3.63 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.69 by ($0.06). The business had revenue of $6.86 billion for the quarter, compared to analysts' expectations of $6.78 billion. Sherwin-Williams had a net margin of 11.01% and a return on equity of 67.97%. The company's quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter last year, the business earned $3.59 EPS. As a group, sell-side analysts anticipate that Sherwin-Williams will post 12.07 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Karl 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 completion of the sale, the insider owned 11,944 shares of the company's stock, valued at approximately $4,398,975.20. This represents a 39.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Justin T. Binns sold 13,500 shares of the firm's 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 sale, 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.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. GK Wealth Management LLC acquired a new stake in shares of Sherwin-Williams during the 3rd quarter worth about $25,000. Wilkerson Advisory Group LLC increased its position in shares of Sherwin-Williams by 172.4% during the first quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company's stock valued at $25,000 after acquiring an additional 50 shares during the last quarter. Montgomery Financial Services LLC acquired a new stake in shares of Sherwin-Williams during the second quarter valued at about $29,000. Whipplewood Advisors LLC purchased a new stake in shares of Sherwin-Williams in the 1st quarter valued at approximately $28,000. Finally, Tacita Capital Inc purchased a new stake in shares of Sherwin-Williams in the 2nd quarter valued at approximately $30,000. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Key Sherwin-Williams News

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

• Positive Sentiment: Management expects approximately $75 million in structural cost savings in 2027, which could support future margins and earnings. The company also maintained its long record of dividend growth, now extending to 48 consecutive years. Sherwin-Williams: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: UBS raised its price target for SHW to $370 from $363 while keeping a Neutral rating, indicating some potential upside based on its valuation outlook. UBS Adjusts Price Target on Sherwin-Williams
• Neutral Sentiment: Analysts highlighted resilient, high-single-digit sales growth, but management said the housing market remains sluggish and sees no near-term catalyst for a meaningful recovery in do-it-yourself demand. Sherwin-Williams Remains Evergreen in a Frozen Housing Market
• Neutral Sentiment: DA Davidson lowered its price target to $390 from $400, though the change still reflects a relatively favorable long-term valuation view. DA Davidson Adjusts Price Target on Sherwin-Williams
• Negative Sentiment: Higher costs compressed margins and caused quarterly EPS to miss expectations, breaking the company’s recent pattern of earnings beats. Management narrowed its 2026 adjusted EPS outlook to $11.85–$12.15, with the midpoint slightly below the $12.09 FactSet estimate. Sherwin-Williams Stock Drops on Earnings Miss

Sherwin-Williams Company Profile

The Sherwin-Williams Company NYSE: SHW develops, manufactures, distributes and sells paints, coatings and related products. Its offerings include architectural paints, industrial coatings, wood finishes, protective coatings, automotive refinishing products, floor coatings and related supplies marketed under brands such as Sherwin-Williams, Valspar, Minwax, Krylon and Dutch Boy.

Founded in 1866 and headquartered in Cleveland, Ohio, Sherwin-Williams serves professional contractors, do-it-yourself consumers, industrial manufacturers, commercial businesses and other customers.

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