Seaport Res Ptn Analysts Reduce Earnings Estimates for SHW

The Sherwin-Williams Company (NYSE:SHW - Free Report) - Equities research analysts at Seaport Res Ptn dropped their Q1 2026 EPS estimates for Sherwin-Williams in a research report issued on Tuesday, April 29th. Seaport Res Ptn analyst M. Harrison now expects that the specialty chemicals company will post earnings per share of $2.43 for the quarter, down from their previous forecast of $2.46. The consensus estimate for Sherwin-Williams' current full-year earnings is $12.00 per share. Seaport Res Ptn also issued estimates for Sherwin-Williams' Q2 2026 earnings at $4.16 EPS, Q3 2026 earnings at $4.06 EPS and Q4 2026 earnings at $2.60 EPS.

Sherwin-Williams (NYSE:SHW - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The specialty chemicals company reported $2.25 EPS for the quarter, topping the consensus estimate of $2.23 by $0.02. Sherwin-Williams had a return on equity of 74.50% and a net margin of 11.61%. The business had revenue of $5.31 billion for the quarter, compared to analyst estimates of $5.42 billion. During the same quarter in the previous year, the company earned $2.17 EPS. The company's quarterly revenue was down 1.1% on a year-over-year basis.

A number of other equities research analysts have also recently commented on SHW. Wells Fargo & Company raised shares of Sherwin-Williams from an "equal weight" rating to an "overweight" rating and increased their price objective for the company from $350.00 to $420.00 in a research note on Wednesday. Morgan Stanley lowered their price target on shares of Sherwin-Williams from $405.00 to $385.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 22nd. UBS Group cut their price objective on Sherwin-Williams from $430.00 to $400.00 and set a "buy" rating for the company in a research report on Monday, April 7th. Barclays lowered their target price on Sherwin-Williams from $385.00 to $355.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 1st. Finally, Royal Bank of Canada boosted their price target on Sherwin-Williams from $410.00 to $420.00 and gave the stock an "outperform" rating in a report on Thursday. Five investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $397.00.

Sherwin-Williams Price Performance

Shares of SHW stock traded up $6.10 during mid-day trading on Thursday, reaching $359.74. The stock had a trading volume of 1,398,615 shares, compared to its average volume of 1,767,006. The company has a market cap of $90.48 billion, a P/E ratio of 34.10, a price-to-earnings-growth ratio of 2.98 and a beta of 1.24. The company has a current ratio of 0.79, a quick ratio of 0.46 and a debt-to-equity ratio of 2.02. Sherwin-Williams has a 12-month low of $282.09 and a 12-month high of $400.42. The business has a 50-day simple moving average of $342.22 and a 200 day simple moving average of $356.10.

Institutional Investors Weigh In On Sherwin-Williams

A number of large investors have recently modified their holdings of the stock. Voleon Capital Management LP acquired a new stake in Sherwin-Williams in the fourth quarter valued at approximately $2,011,000. Merit Financial Group LLC grew its holdings in Sherwin-Williams by 80.0% during the 4th quarter. Merit Financial Group LLC now owns 1,177 shares of the specialty chemicals company's stock valued at $400,000 after purchasing an additional 523 shares in the last quarter. Park Avenue Securities LLC increased its stake in Sherwin-Williams by 52.6% during the 4th quarter. Park Avenue Securities LLC now owns 6,680 shares of the specialty chemicals company's stock worth $2,271,000 after buying an additional 2,303 shares during the period. Burney Co. increased its stake in Sherwin-Williams by 4.6% during the 4th quarter. Burney Co. now owns 17,272 shares of the specialty chemicals company's stock worth $5,871,000 after buying an additional 766 shares during the period. Finally, Kerusso Capital Management LLC lifted its holdings in Sherwin-Williams by 75.9% in the 4th quarter. Kerusso Capital Management LLC now owns 10,290 shares of the specialty chemicals company's stock worth $3,498,000 after buying an additional 4,439 shares in the last quarter. Institutional investors and hedge funds own 77.67% of the company's stock.

Insider Buying and Selling at Sherwin-Williams

In other Sherwin-Williams news, insider Colin M. Davie sold 2,799 shares of the firm's stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $360.30, for a total value of $1,008,479.70. Following the transaction, the insider now directly owns 5,365 shares of the company's stock, valued at $1,933,009.50. This trade represents a 34.28 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.60% of the stock is owned by company insiders.

Sherwin-Williams Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 16th will be issued a $0.79 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $3.16 dividend on an annualized basis and a dividend yield of 0.88%. Sherwin-Williams's dividend payout ratio (DPR) is presently 29.87%.

Sherwin-Williams Company Profile

The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coating, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: Paint Stores Group, Consumer Brands Group, and Performance Coatings Group.