The Sherwin-Williams Company (SHW) - What Are Researchers Thinking About This Stock?

The Sherwin-Williams Company (NYSE:SHW - Get Free Report) has earned an average recommendation of "Moderate Buy" from the twenty-seven research firms that are presently covering the firm, Marketbeat Ratings reports. Ten analysts have rated the stock with a hold recommendation, sixteen have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $382.08.

SHW has been the topic of a number of analyst reports. Melius Research started coverage on Sherwin-Williams in a research report on Tuesday, October 6th. They set a "hold" rating and a $367.00 target price on the stock. Guggenheim started coverage on Sherwin-Williams in a report on Monday, August 3rd. They issued a "buy" rating and a $400.00 price target for the company. UBS Group set a $363.00 price objective on Sherwin-Williams and gave the company a "neutral" rating in a research note on Monday, October 5th. BMO Capital Markets restated an "outperform" rating on shares of Sherwin-Williams in a report on Monday, September 28th. Finally, JPMorgan Chase & Co. lifted their price objective on Sherwin-Williams from $365.00 to $380.00 and gave the stock an "overweight" rating in a report on Wednesday, July 29th.

Sherwin-Williams Price Performance

SHW opened at $336.43 on Wednesday. Sherwin-Williams has a twelve month low of $289.86 and a twelve month high of $377.77. The firm has a market cap of $81.67 billion, a price-to-earnings ratio of 31.01, a PEG ratio of 2.47 and a beta of 1.08. The company has a current ratio of 0.73, a quick ratio of 0.46 and a debt-to-equity ratio of 2.16. The company has a fifty day simple moving average of $332.30 and a 200 day simple moving average of $328.57.

Sherwin-Williams (NYSE:SHW - Get Free Report) last issued its quarterly earnings data 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 for 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 firm's revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.38 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. Equities research analysts expect that Sherwin-Williams will post 12.09 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Justin T. Binns sold 13,500 shares of the firm's stock in a transaction that occurred on Monday, August 17th. The shares were 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 of the company's stock, valued at approximately $7,737,179.90. This trade represents a 38.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Karl Jorgenrud sold 7,886 shares of Sherwin-Williams 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 sale, the insider 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 disclosure for this sale is available in the SEC filing. 0.23% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new stake in Sherwin-Williams during the 2nd quarter valued at $6,100,083,000. Wellington Management Group LLP grew its stake in shares of Sherwin-Williams by 133.7% in the second quarter. Wellington Management Group LLP now owns 2,784,679 shares of the specialty chemicals company's stock worth $958,821,000 after purchasing an additional 1,593,009 shares in the last quarter. Bank of New York Mellon Corp bought a new position in shares of Sherwin-Williams in the second quarter worth $547,097,000. Legal & General Group Plc acquired a new position in shares of Sherwin-Williams during the second quarter valued at $459,652,000. Finally, Bank of America Corp DE acquired a new stake in Sherwin-Williams in the second quarter worth about $412,339,000. 77.67% of the stock is owned by institutional investors and hedge funds.

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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