Seaport Res Ptn Has Positive Outlook for SHW Q1 Earnings

Key Points

• Seaport Res Ptn has raised its Q1 2026 earnings per share estimate for Sherwin-Williams to $2.41, reflecting a slight increase from the previous estimate of $2.40.
• Despite positive earnings outlooks, analysts have varied price targets, with Citigroup lowering its target from $385 to $375, while Bank of America upgraded its rating and increased the target from $296 to $375.
• Sherwin-Williams reported a Q2 EPS of $3.38, which was below analysts' expectations, while maintaining revenue of $6.31 billion, consistent with market forecasts.

The Sherwin-Williams Company (NYSE:SHW - Free Report) - Seaport Res Ptn boosted their Q1 2026 earnings per share (EPS) estimates for Sherwin-Williams in a research note issued on Monday, September 22nd. Seaport Res Ptn analyst M. Harrison now forecasts that the specialty chemicals company will post earnings of $2.41 per share for the quarter, up from their prior estimate of $2.40. The consensus estimate for Sherwin-Williams' current full-year earnings is $12.00 per share.

Other research analysts also recently issued research reports about the company. Citigroup dropped their price objective on Sherwin-Williams from $385.00 to $375.00 and set a "neutral" rating on the stock in a report on Wednesday, July 23rd. JPMorgan Chase & Co. lowered their price target on Sherwin-Williams from $390.00 to $378.00 and set an "overweight" rating for the company in a report on Wednesday, July 23rd. BMO Capital Markets cut their price objective on shares of Sherwin-Williams from $405.00 to $391.00 and set an "outperform" rating on the stock in a report on Wednesday, July 23rd. Bank of America upgraded shares of Sherwin-Williams from an "underperform" rating to a "neutral" rating and upped their target price for the company from $296.00 to $375.00 in a report on Thursday, August 14th. Finally, Loop Capital cut their price target on shares of Sherwin-Williams from $395.00 to $380.00 and set a "buy" rating on the stock in a research note on Wednesday, July 23rd. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Sherwin-Williams presently has a consensus rating of "Moderate Buy" and a consensus target price of $387.27.

Sherwin-Williams Stock Performance

NYSE:SHW opened at $344.44 on Wednesday. The firm has a market capitalization of $85.88 billion, a PE ratio of 34.17, a price-to-earnings-growth ratio of 2.88 and a beta of 1.18. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.78 and a quick ratio of 0.48. The business's fifty day moving average price is $354.71 and its 200 day moving average price is $348.67. Sherwin-Williams has a 12 month low of $308.84 and a 12 month high of $400.42.

Sherwin-Williams (NYSE:SHW - Get Free Report) last issued its quarterly earnings results on Tuesday, July 22nd. The specialty chemicals company reported $3.38 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.76 by ($0.38). Sherwin-Williams had a return on equity of 66.91% and a net margin of 11.03%.The firm had revenue of $6.31 billion during the quarter, compared to analysts' expectations of $6.31 billion. During the same quarter in the prior year, the firm earned $3.70 EPS. The firm's revenue was up .6% compared to the same quarter last year. Sherwin-Williams has set its FY 2025 guidance at 11.200-11.500 EPS.

Institutional Investors Weigh In On Sherwin-Williams

Hedge funds have recently modified their holdings of the stock. Norges Bank purchased a new position in Sherwin-Williams during the 2nd quarter worth $1,296,565,000. GAMMA Investing LLC increased its stake in shares of Sherwin-Williams by 41,717.1% during the first quarter. GAMMA Investing LLC now owns 1,636,304 shares of the specialty chemicals company's stock worth $571,381,000 after acquiring an additional 1,632,391 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in Sherwin-Williams by 21.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 8,657,536 shares of the specialty chemicals company's stock worth $3,023,126,000 after purchasing an additional 1,505,341 shares in the last quarter. Viking Global Investors LP lifted its position in Sherwin-Williams by 101.4% in the second quarter. Viking Global Investors LP now owns 1,957,750 shares of the specialty chemicals company's stock valued at $672,213,000 after purchasing an additional 985,520 shares during the period. Finally, Nuveen LLC purchased a new stake in Sherwin-Williams in the 1st quarter valued at approximately $265,510,000. 77.67% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Justin T. Binns sold 609 shares of the stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $368.82, for a total transaction of $224,611.38. Following the completion of the sale, the insider owned 17,922 shares in the company, valued at approximately $6,609,992.04. This represents a 3.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO James P. Lang sold 860 shares of the firm's stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $350.35, for a total value of $301,301.00. Following the transaction, the chief accounting officer directly owned 377 shares in the company, valued at approximately $132,081.95. This represents a 69.52% decrease in their position. The disclosure for this sale can be found here. 0.60% of the stock is owned by corporate insiders.

Sherwin-Williams Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 5th. Investors of record on Friday, August 15th were given a $0.79 dividend. The ex-dividend date was Friday, August 15th. This represents a $3.16 annualized dividend and a yield of 0.9%. Sherwin-Williams's dividend payout ratio is 31.35%.

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.

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