The Sherwin-Williams Company (NYSE:SHW) Given Average Recommendation of "Moderate Buy" by Brokerages

Key Points

• Analyst sentiment is moderately bullish: Seventeen firms give Sherwin-Williams an average “Moderate Buy” rating, with an average 12-month price target of $386.29 versus the reported share price of $338.66.
• Sherwin-Williams exceeded quarterly expectations, reporting $3.70 in EPS and $6.79 billion in revenue, while revenue increased 7.5% year over year. The company’s fiscal 2026 EPS guidance is $11.80–$12.20.
• The company declared a quarterly dividend of $0.80 per share, equivalent to a $3.20 annualized payout and a 0.9% yield; institutional investors own 77.67% of outstanding shares.

The Sherwin-Williams Company (NYSE:SHW - Get Free Report) has earned an average recommendation of "Moderate Buy" from the seventeen research firms that are covering the company, MarketBeat.com reports. Six analysts have rated the stock with a hold recommendation, ten have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $386.2941.

Several equities research analysts have issued reports on SHW shares. Royal Bank Of Canada restated an "outperform" rating and issued a $405.00 price target (up from $391.00) on shares of Sherwin-Williams in a report on Wednesday, July 8th. Wells Fargo & Company set a $360.00 target price on Sherwin-Williams and gave the stock an "equal weight" rating in a research note on Wednesday, July 29th. JPMorgan Chase & Co. raised their target price on shares of Sherwin-Williams from $365.00 to $380.00 and gave the stock an "overweight" rating in a report on Wednesday, July 29th. Citigroup reaffirmed a "buy" rating on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Finally, The Goldman Sachs Group set a $420.00 price objective on shares of Sherwin-Williams in a research report on Wednesday, July 29th.

Insider Activity at Sherwin-Williams

In other news, insider Justin T. Binns sold 13,500 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $352.70, for a total value of $4,761,450.00. Following the completion of the sale, the insider owned 21,937 shares of the company's stock, valued at approximately $7,737,179.90. This represents a 38.10% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Karl J. Jorgenrud sold 7,886 shares of Sherwin-Williams stock in a transaction dated Friday, August 7th. The shares were 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. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.23% of the company's stock.

Institutional Investors Weigh In On Sherwin-Williams

Several hedge funds have recently bought and sold shares of SHW. California State Teachers Retirement System grew its position in shares of Sherwin-Williams by 33,736.2% during the 2nd quarter. California State Teachers Retirement System now owns 133,250,118 shares of the specialty chemicals company's stock worth $45,880,681,000 after purchasing an additional 132,856,309 shares in the last quarter. BlackRock Inc. acquired a new stake in shares of Sherwin-Williams in the second quarter valued at approximately $6,100,083,000. State Street Corp boosted its stake in shares of Sherwin-Williams by 2.4% in the fourth quarter. State Street Corp now owns 15,638,974 shares of the specialty chemicals company's stock valued at $5,067,497,000 after buying an additional 364,832 shares during the period. Geode Capital Management LLC increased its stake in Sherwin-Williams by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 5,231,615 shares of the specialty chemicals company's stock worth $1,687,498,000 after acquiring an additional 37,145 shares during the period. Finally, Norges Bank acquired a new position in Sherwin-Williams in the 4th quarter valued at $1,089,450,000. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Sherwin-Williams Stock Performance

Shares of NYSE:SHW opened at $338.66 on Tuesday. The company has a current ratio of 0.73, a quick ratio of 0.46 and a debt-to-equity ratio of 2.16. Sherwin-Williams has a 1-year low of $289.86 and a 1-year high of $377.77. The stock has a market capitalization of $82.21 billion, a P/E ratio of 31.21, a P/E/G ratio of 2.57 and a beta of 1.10. The business has a 50-day moving average price of $343.33 and a two-hundred day moving average price of $331.93.

Sherwin-Williams (NYSE:SHW - Get Free Report) last released its earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 EPS for the quarter, topping analysts' consensus estimates of $3.52 by $0.18. The firm had revenue of $6.79 billion during the quarter, compared to analyst estimates 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 in the previous year, the business earned $3.38 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. Equities analysts predict that Sherwin-Williams will post 12.08 earnings per share for the current year.

Sherwin-Williams Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 21st will be given a dividend of $0.80 per share. The ex-dividend date of this dividend is Friday, August 21st. This represents a $3.20 annualized dividend and a yield of 0.9%. Sherwin-Williams's payout ratio is 29.49%.

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.

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