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 11.650-12.050 for the period, compared to the consensus estimate of 11.880. The company issued revenue guidance of -.
Sherwin-Williams Stock Up 1.7 %
Shares of SHW traded up $6.10 during mid-day trading on Friday, reaching $359.74. The company's stock had a trading volume of 1,398,615 shares, compared to its average volume of 1,768,049. The company has a market cap of $90.48 billion, a price-to-earnings ratio of 34.10, a price-to-earnings-growth ratio of 2.98 and a beta of 1.24. The business has a fifty day moving average of $342.22 and a 200 day moving average of $356.33. The company has a quick ratio of 0.46, a current ratio of 0.79 and a debt-to-equity ratio of 2.02. Sherwin-Williams has a 1 year low of $282.09 and a 1 year high of $400.42.
Sherwin-Williams (NYSE:SHW - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The specialty chemicals company reported $2.25 EPS for the quarter, topping analysts' consensus estimates of $2.23 by $0.02. Sherwin-Williams had a return on equity of 74.50% and a net margin of 11.61%. The firm had revenue of $5.31 billion during the quarter, compared to analyst estimates of $5.42 billion. During the same period last year, the company posted $2.17 EPS. The business's quarterly revenue was down 1.1% compared to the same quarter last year. As a group, analysts forecast that Sherwin-Williams will post 12 earnings per share for the current fiscal year.
Sherwin-Williams Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 16th will be paid a $0.79 dividend. The ex-dividend date is Friday, May 16th. This represents a $3.16 dividend on an annualized basis and a yield of 0.88%. Sherwin-Williams's dividend payout ratio (DPR) is currently 29.87%.
Analyst Ratings Changes
A number of analysts have issued reports on SHW shares. Zelman & Associates upgraded shares of Sherwin-Williams to a "strong-buy" rating in a research note on Friday, January 17th. Jefferies Financial Group reiterated a "hold" rating and issued a $380.00 price objective (down from $423.00) on shares of Sherwin-Williams in a report on Monday, March 10th. Berenberg Bank raised shares of Sherwin-Williams from a "hold" rating to a "buy" rating and increased their target price for the stock from $321.00 to $420.00 in a research report on Friday, January 24th. UBS Group reduced their price target 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. Finally, JPMorgan Chase & Co. increased their price objective on Sherwin-Williams from $370.00 to $390.00 and gave the company an "overweight" rating in a report on Monday, February 3rd. Five analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $397.00.
Read Our Latest Report on SHW
Insider Activity
In related news, insider Colin M. Davie sold 2,799 shares of the company's stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $360.30, for a total value of $1,008,479.70. Following the sale, the insider now owns 5,365 shares of the company's stock, valued at $1,933,009.50. The trade was a 34.28 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.60% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Sherwin-Williams
An institutional investor recently raised its position in Sherwin-Williams stock. Brighton Jones LLC grew its position in The Sherwin-Williams Company (NYSE:SHW - Free Report) by 73.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,545 shares of the specialty chemicals company's stock after purchasing an additional 655 shares during the period. Brighton Jones LLC's holdings in Sherwin-Williams were worth $525,000 as of its most recent filing with the SEC. 77.67% of the stock is owned by institutional investors and hedge funds.
About Sherwin-Williams
(
Get Free Report)
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.
Further Reading
Before you consider Sherwin-Williams, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sherwin-Williams wasn't on the list.
While Sherwin-Williams currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
