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

Key Points

• Sherwin-Williams has a consensus analyst rating of “Moderate Buy”, based on 14 brokerages, with nine buy ratings and five hold ratings. The average 12-month price target is about $375.33.
• The company recently reported better-than-expected quarterly results, with EPS of $2.35 versus the $2.27 estimate and revenue of $5.67 billion versus the expected $5.56 billion. Revenue rose 6.9% year over year.
• Sherwin-Williams also announced a quarterly dividend of $0.80 per share, payable on June 5, which works out to a $3.20 annualized dividend and a 1.0% yield.

The Sherwin-Williams Company (NYSE:SHW - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the fourteen brokerages that are covering the firm, MarketBeat.com reports. Five research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $375.3333.

SHW has been the topic of several analyst reports. Royal Bank Of Canada decreased their price target on Sherwin-Williams from $390.00 to $376.00 and set an "outperform" rating on the stock in a research report on Thursday, March 19th. Zacks Research upgraded Sherwin-Williams from a "strong sell" rating to a "hold" rating in a research report on Tuesday, March 31st. Bank of America decreased their price target on Sherwin-Williams from $370.00 to $365.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 21st. Mizuho decreased their price target on Sherwin-Williams from $410.00 to $371.00 and set an "outperform" rating on the stock in a research report on Monday, March 23rd. Finally, Citigroup decreased their price objective on shares of Sherwin-Williams from $410.00 to $385.00 and set a "buy" rating on the stock in a research report on Wednesday, April 1st.

Sherwin-Williams Trading Up 0.1%

Shares of SHW opened at $309.71 on Friday. The business's 50-day moving average price is $320.65 and its 200-day moving average price is $335.39. Sherwin-Williams has a twelve month low of $294.32 and a twelve month high of $379.65. The stock has a market cap of $76.39 billion, a PE ratio of 29.72, a P/E/G ratio of 2.67 and a beta of 1.16. The company has a quick ratio of 0.53, a current ratio of 0.86 and a debt-to-equity ratio of 2.10.

Sherwin-Williams (NYSE:SHW - Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.08. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.The firm had revenue of $5.67 billion for the quarter, compared to analysts' expectations of $5.56 billion. During the same period in the prior year, the business posted $2.25 earnings per share. The company's revenue was up 6.9% on a year-over-year basis. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. On average, equities analysts forecast that Sherwin-Williams will post 11.74 EPS for the current fiscal year.

Sherwin-Williams Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 22nd will be given a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Friday, May 22nd. Sherwin-Williams's dividend payout ratio is 30.71%.

Insider Buying and Selling at Sherwin-Williams

In other Sherwin-Williams news, SVP Bryan J. Young sold 2,513 shares of the stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $364.47, for a total transaction of $915,913.11. Following the transaction, the senior vice president directly owned 10,045 shares in the company, valued at $3,661,101.15. This trade represents a 20.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.23% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of SHW. Vanguard Group Inc. boosted its stake in shares of Sherwin-Williams by 2.7% during the fourth quarter. Vanguard Group Inc. now owns 23,237,824 shares of the specialty chemicals company's stock valued at $7,529,752,000 after purchasing an additional 600,119 shares during the period. State Street Corp boosted its stake in shares of Sherwin-Williams by 2.4% during the fourth quarter. State Street Corp now owns 15,638,974 shares of the specialty chemicals company's stock valued at $5,067,497,000 after purchasing an additional 364,832 shares during the period. Geode Capital Management LLC boosted its stake in shares of Sherwin-Williams by 0.7% during the fourth quarter. Geode Capital Management LLC now owns 5,231,615 shares of the specialty chemicals company's stock valued at $1,687,498,000 after purchasing an additional 37,145 shares during the period. Capital Research Global Investors boosted its stake in shares of Sherwin-Williams by 0.3% during the third quarter. Capital Research Global Investors now owns 3,432,977 shares of the specialty chemicals company's stock valued at $1,188,698,000 after purchasing an additional 11,560 shares during the period. Finally, Norges Bank purchased a new stake in shares of Sherwin-Williams during the fourth quarter valued at approximately $1,089,450,000. 77.67% of the stock is currently owned by institutional investors.

About Sherwin-Williams

Sherwin-Williams NYSE: SHW is a global manufacturer and distributor of paints, coatings and related products. Founded in 1866 and headquartered in Cleveland, Ohio, the company supplies a broad range of coatings for residential, commercial and industrial applications. Its product offering includes architectural paints and stains, industrial and protective coatings, automotive finishes, and a variety of sundry products such as primers, sealants and specialty treatments used by professionals and consumers.

The company sells through multiple channels, including a large network of company-operated retail paint stores that serve professional contractors and do-it-yourself consumers, as well as through distributors and mass retailers.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.