The Sherwin-Williams Company (NYSE:SHW) Given Average Recommendation of "Moderate Buy" by Analysts

Key Points

• The Sherwin-Williams Company has received an average analyst rating of "Moderate Buy", with six hold recommendations, ten buy recommendations, and one strong buy recommendation from a total of seventeen brokerages.
• Recent institutional activity shows notable increases in stakes by Coppell Advisory Solutions LLC, Richard W. Paul & Associates LLC, and others, indicating ongoing investor interest in the company.
• Sherwin-Williams reported quarterly earnings of $3.38 EPS, missing the consensus estimate, and announced a quarterly dividend of $0.79 per share with a dividend yield of 0.9%.

The Sherwin-Williams Company (NYSE:SHW - Get Free Report) has received an average rating of "Moderate Buy" from the seventeen brokerages that are presently covering the company, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation, ten have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $388.60.

A number of brokerages have issued reports on SHW. BMO Capital Markets decreased their price target on Sherwin-Williams from $405.00 to $391.00 and set an "outperform" rating on the stock in a research note on Wednesday, July 23rd. JPMorgan Chase & Co. reduced their price objective on Sherwin-Williams from $390.00 to $378.00 and set an "overweight" rating on the stock in a research note on Wednesday, July 23rd. Citigroup reduced their price objective on Sherwin-Williams from $385.00 to $375.00 and set a "neutral" rating on the stock in a research note on Wednesday, July 23rd. Bank of America raised shares of Sherwin-Williams from an "underperform" rating to a "neutral" rating and boosted their target price for the stock from $296.00 to $375.00 in a research report on Thursday, August 14th. Finally, Wells Fargo & Company reduced their target price on shares of Sherwin-Williams from $420.00 to $400.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 23rd.

Insider Activity

In other Sherwin-Williams news, CAO James P. Lang sold 860 shares of the company's stock in a transaction that occurred on 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 of the company's stock, valued at $132,081.95. This represents a 69.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.60% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Sherwin-Williams

A number of institutional investors have recently modified their holdings of SHW. Coppell Advisory Solutions LLC grew its stake in shares of Sherwin-Williams by 2.7% in the 4th quarter. Coppell Advisory Solutions LLC now owns 1,146 shares of the specialty chemicals company's stock worth $388,000 after purchasing an additional 30 shares during the last quarter. Richard W. Paul & Associates LLC increased its stake in Sherwin-Williams by 1.6% in the 2nd quarter. Richard W. Paul & Associates LLC now owns 1,885 shares of the specialty chemicals company's stock worth $647,000 after purchasing an additional 30 shares in the last quarter. Valley Brook Capital Group Inc. increased its stake in Sherwin-Williams by 2.4% in the 2nd quarter. Valley Brook Capital Group Inc. now owns 1,311 shares of the specialty chemicals company's stock worth $450,000 after purchasing an additional 31 shares in the last quarter. 17 Capital Partners LLC increased its position in shares of Sherwin-Williams by 0.9% in the second quarter. 17 Capital Partners LLC now owns 3,340 shares of the specialty chemicals company's stock worth $1,147,000 after acquiring an additional 31 shares in the last quarter. Finally, Opal Wealth Advisors LLC grew its position in Sherwin-Williams by 4.2% during the 1st quarter. Opal Wealth Advisors LLC now owns 791 shares of the specialty chemicals company's stock worth $276,000 after purchasing an additional 32 shares in the last quarter. Institutional investors and hedge funds own 77.67% of the company's stock.

Sherwin-Williams Stock Down 0.9%

Shares of NYSE SHW opened at $363.8540 on Friday. Sherwin-Williams has a 1 year low of $308.84 and a 1 year high of $400.42. The firm's 50 day moving average price is $346.51 and its 200 day moving average price is $348.10. The firm has a market cap of $90.72 billion, a P/E ratio of 36.10, a price-to-earnings-growth ratio of 3.05 and a beta of 1.16. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.48 and a current ratio of 0.78.

Sherwin-Williams (NYSE:SHW - Get Free Report) last posted its quarterly earnings data on Tuesday, July 22nd. The specialty chemicals company reported $3.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.76 by ($0.38). Sherwin-Williams had a return on equity of 66.91% and a net margin of 11.03%.The business had revenue of $6.31 billion for the quarter, compared to analyst estimates of $6.31 billion. During the same quarter last year, the business earned $3.70 EPS. Sherwin-Williams's revenue for the quarter was up .6% compared to the same quarter last year. Sherwin-Williams has set its FY 2025 guidance at 11.200-11.500 EPS. As a group, sell-side analysts anticipate that Sherwin-Williams will post 12 earnings per share for the current year.

Sherwin-Williams Dividend Announcement

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