Sherwin-Williams (NYSE:SHW) Updates FY 2025 Earnings Guidance

Sherwin-Williams (NYSE:SHW - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 11.200-11.500 for the period, compared to the consensus estimate of 11.879. The company issued revenue guidance of -.

Sherwin-Williams Price Performance

Shares of NYSE:SHW traded down $3.04 during midday trading on Thursday, hitting $339.91. The company's stock had a trading volume of 1,361,978 shares, compared to its average volume of 1,754,012. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.45 and a current ratio of 0.78. The business's 50 day simple moving average is $349.04 and its 200 day simple moving average is $348.04. Sherwin-Williams has a 12-month low of $308.84 and a 12-month high of $400.42. The company has a market cap of $85.18 billion, a P/E ratio of 33.71, a price-to-earnings-growth ratio of 3.26 and a beta of 1.18.

Sherwin-Williams (NYSE:SHW - Get Free Report) last issued its earnings results on Tuesday, July 22nd. The specialty chemicals company reported $3.38 EPS for the quarter, missing analysts' consensus estimates of $3.75 by ($0.37). 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 for the quarter, compared to analysts' expectations of $6.31 billion. During the same period last year, the firm earned $3.70 earnings per share. Sherwin-Williams's revenue for the quarter was up .6% on a year-over-year basis. On average, analysts forecast that Sherwin-Williams will post 12 EPS for the current year.

Sherwin-Williams Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 5th. Shareholders of record on Friday, August 15th will be paid a dividend of $0.79 per share. This represents a $3.16 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date is Friday, August 15th. Sherwin-Williams's dividend payout ratio (DPR) is presently 29.87%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on SHW shares. Barclays reduced their price target on shares of Sherwin-Williams from $385.00 to $355.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 1st. Mizuho reduced their price target on shares of Sherwin-Williams from $400.00 to $385.00 and set an "outperform" rating on the stock in a research note on Wednesday. Citigroup reduced their price target on shares of Sherwin-Williams from $385.00 to $375.00 and set a "neutral" rating on the stock in a research note on Wednesday. Morgan Stanley reduced 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 note on Tuesday, April 22nd. Finally, JPMorgan Chase & Co. reduced their price target on shares of Sherwin-Williams from $390.00 to $378.00 and set an "overweight" rating on the stock in a research note on Wednesday. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $385.29.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Sherwin-Williams stock. Brighton Jones LLC boosted its position in shares of The Sherwin-Williams Company (NYSE:SHW - Free Report) by 73.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,545 shares of the specialty chemicals company's stock after acquiring an additional 655 shares during the period. Brighton Jones LLC's holdings in Sherwin-Williams were worth $525,000 as of its most recent SEC filing. Institutional investors and hedge funds own 77.67% of the company's stock.

About Sherwin-Williams

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.