Sherwin-Williams (NYSE:SHW) Stock Rating Raised to Hold at Barclays

Key Points

• Barclays upgraded Sherwin-Williams to “Hold,” while broader analyst sentiment remains “Moderate Buy,” with a consensus price target of $382.08.
• Sherwin-Williams exceeded quarterly expectations, reporting $3.70 in EPS versus $3.52 expected and $6.79 billion in revenue versus $6.60 billion forecast; revenue rose 7.5% year over year.
• The stock opened at $324.21, below its $382.08 consensus target. Insiders recently sold shares, while institutional investors and hedge funds own 77.67% of the company.

Sherwin-Williams (NYSE:SHW - Get Free Report) was upgraded by Barclays to a "hold" rating in a research report issued on Monday, Zacks reports.

Other equities research analysts also recently issued research reports about the stock. Berenberg Bank boosted their target price on shares of Sherwin-Williams from $380.00 to $400.00 and gave the stock a "buy" rating in a research report on Wednesday, July 29th. Rothschild & Co Redburn increased their price target on shares of Sherwin-Williams from $410.00 to $420.00 and gave the stock a "buy" rating in a research report on Tuesday, August 18th. UBS Group set a $363.00 price target on Sherwin-Williams and gave the stock a "neutral" rating in a research note on Monday, October 5th. Citigroup decreased their price target on Sherwin-Williams from $415.00 to $400.00 and set a "buy" rating for the company in a research note on Wednesday, September 30th. Finally, KeyCorp assumed coverage on Sherwin-Williams in a report on Thursday, September 10th. They issued a "sector weight" rating for the company. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $382.08.

Sherwin-Williams Trading Up 0.0%

Shares of SHW opened at $324.21 on Monday. The company has a market capitalization of $78.71 billion, a P/E ratio of 29.88, a P/E/G ratio of 2.41 and a beta of 1.08. Sherwin-Williams has a one year low of $289.86 and a one year high of $377.77. 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 stock has a 50-day moving average price of $334.68 and a 200 day moving average price of $328.14.

Sherwin-Williams (NYSE:SHW - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share for the quarter, topping analysts' consensus estimates of $3.52 by $0.18. The business had revenue of $6.79 billion during the quarter, compared to the consensus estimate of $6.60 billion. Sherwin-Williams had a net margin of 11.01% and a return on equity of 67.97%. The business's quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter last year, the company earned $3.38 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. Sell-side analysts forecast that Sherwin-Williams will post 12.09 EPS for the current fiscal year.

Insider Buying and Selling at Sherwin-Williams

In other Sherwin-Williams news, insider Karl J. Jorgenrud sold 7,886 shares of the stock in a transaction on Friday, August 7th. The stock was sold at an average price of $368.30, for a total transaction of $2,904,413.80. Following the completion of the transaction, the insider directly owned 11,944 shares of the company's stock, valued at approximately $4,398,975.20. This trade represents a 39.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Justin Binns sold 13,500 shares of the business'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 completion of the sale, the insider owned 21,937 shares in the company, valued at approximately $7,737,179.90. This trade represents 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 company insiders.

Institutional Trading of Sherwin-Williams

Several institutional investors and hedge funds have recently added to or reduced their stakes in SHW. Wilkerson Advisory Group LLC boosted its holdings in 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 period. GK Wealth Management LLC bought a new stake in Sherwin-Williams during the 3rd quarter valued at approximately $25,000. Whipplewood Advisors LLC bought a new stake in Sherwin-Williams during the 1st quarter valued at approximately $28,000. Montgomery Financial Services LLC bought a new stake in Sherwin-Williams during the 2nd quarter valued at approximately $29,000. Finally, Tacita Capital Inc acquired a new stake in Sherwin-Williams in the 2nd quarter valued at approximately $30,000. 77.67% of the stock is owned by institutional investors and hedge funds.

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.

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