Should I buy or sell Sherwin-Williams stock right now?

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sherwin-Williams in the last year. There are currently 1 sell rating, 5 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SHW shares. View SHW analyst ratings or view top-rated stocks .

What is Sherwin-Williams' stock price target for 2024?

15 Wall Street analysts have issued 12-month price targets for Sherwin-Williams' stock. Their SHW share price targets range from $249.00 to $330.00. On average, they anticipate the company's share price to reach $287.44 in the next twelve months. This suggests that the stock has a possible downside of 0.6%. View analysts price targets for SHW or view top-rated stocks among Wall Street analysts .

How have SHW shares performed in 2023?

Sherwin-Williams' stock was trading at $237.33 at the start of the year. Since then, SHW stock has increased by 21.9% and is now trading at $289.20. View the best growth stocks for 2023 here .

When is Sherwin-Williams' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, January 25th 2024. View our SHW earnings forecast .

How were Sherwin-Williams' earnings last quarter?

The Sherwin-Williams Company (NYSE:SHW) released its quarterly earnings results on Tuesday, October, 24th. The specialty chemicals company reported $3.20 earnings per share for the quarter, topping the consensus estimate of $2.77 by $0.43. The specialty chemicals company earned $6.12 billion during the quarter, compared to analyst estimates of $6 billion. Sherwin-Williams had a trailing twelve-month return on equity of 78.92% and a net margin of 10.50%.

How often does Sherwin-Williams pay dividends? What is the dividend yield for Sherwin-Williams?

Sherwin-Williams declared a quarterly dividend on Tuesday, October 17th. Investors of record on Friday, November 17th will be paid a dividend of $0.605 per share on Friday, December 8th. This represents a $2.42 annualized dividend and a yield of 0.84%. The ex-dividend date of this dividend is Thursday, November 16th. Read our dividend analysis for SHW .

Is Sherwin-Williams a good dividend stock?

Sherwin-Williams (NYSE:SHW) pays an annual dividend of $2.42 per share and currently has a dividend yield of 0.86%. The company has been increasing its dividend for 46 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 25.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SHW will have a dividend payout ratio of 21.67% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SHW .

What ETFs hold Sherwin-Williams' stock?

ETFs with the largest weight of Sherwin-Williams (NYSE:SHW) stock in their portfolio include Materials Select Sector SPDR Fund (XLB) , Fidelity MSCI Materials Index ETF (FMAT) , Vanguard Materials ETF (VAW) , ProShares Smart Materials ETF (TINT) , iShares U.S. Home Construction ETF (ITB) , Natixis Vaughan Nelson Select ETF (VNSE) , ProShares Ultra Materials (UYM) and Invesco S&P 500 Equal Weight Materials ETF (RTM) .

When did Sherwin-Williams' stock split?

Shares of Sherwin-Williams split on the morning of Thursday, April 1st 2021. The 3-1 split was announced on Wednesday, February 3rd 2021. The newly issued shares were issued to shareholders after the market closes on Wednesday, March 31st 2021. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

What guidance has Sherwin-Williams issued on next quarter's earnings?

Sherwin-Williams updated its FY23 earnings guidance on Tuesday, October, 24th. The company provided earnings per share guidance of $10.10-10.30 for the period, compared to the consensus EPS estimate of $9.84. The company issued revenue guidance of up low single digits, compared to the consensus revenue estimate of $22.82 billion.

What is John Morikis' approval rating as Sherwin-Williams' CEO?

1,095 employees have rated Sherwin-Williams Chief Executive Officer John Morikis on Glassdoor.com . John Morikis has an approval rating of 76% among the company's employees.

What other stocks do shareholders of Sherwin-Williams own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sherwin-Williams investors own include Johnson & Johnson (JNJ) , Home Depot (HD) , AbbVie (ABBV) , Visa (V) , Walmart (WMT) , McDonald's (MCD) , NVIDIA (NVDA) , AT&T (T) , Mastercard (MA) and Walt Disney (DIS) .

Who are Sherwin-Williams' major shareholders?

Sherwin-Williams' stock is owned by a number of retail and institutional investors. Top institutional investors include Massachusetts Financial Services Co. MA (2.23%), FMR LLC (2.12%), Morgan Stanley (1.98%), Parnassus Investments LLC (1.15%), Fiera Capital Corp (1.09%) and Clearbridge Investments LLC (1.04%). Insiders that own company stock include Allen J Mistysyn, Allen J Mistysyn , Brian E Padden , Bryan J Young , David B Sewell , Jane M Cronin, Jane M Cronin , John G Morikis , Joseph F Sladek , Justin T Binns, Justin T Binns , Mary L Garceau , Peter J Ippolito, Peter J Ippolito and Thomas P Gilligan . View institutional ownership trends .

How do I buy shares of Sherwin-Williams?

Shares of SHW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Does Sherwin-Williams have any subsidiaries?

The following companies are subsidiares of Sherwin-Williams: Acquire Sourcing LLC, CTS National Corporation, Comex North America Inc., Compania Sherwin-Williams S.A. de C.V., Contract Transportation Systems Co., Dongguan Lilly Paint Industries Ltd, Duron, EPS (Shanghai) Trading Co. Ltd., EPS B.V., Geocel Holdings, Gross & Perthun, Guangdong Valspar Paints Manufacturing Co Ltd., ICA Group, Inver East Med S.A., Inver France SAS, Inver GmbH, Inver Industrial Coating SRL, Inver Polska Spólka Z O.O, Inver Spa, Invercolor Bologna Srl, Invercolor Ltd, Invercolor Roma Srl, Invercolor Torino Srl, Invercolor Toscana Srl, Isocoat Tintas e Vernizes Ltda, Isva Vernici Srl, Leighs Paints, M.A. Bruder & Sons, Omega Specialty Products & Services LLC, Oy Sherwin-Williams Finland Ab, PT Sherwin-Williams Indonesia, PT Valspar Indonesia, Paint Sundry Brands, Pinturas Condor S.A., Pinturas Industriales S.A., Piton Paints Limited, Plasti-Kote Co. Inc., Plasti-kote Limited, Productos Quimicos y Pinturas S.A. de C.V., Quest Automotive Products UK Limited, Quetzal Pinturas S.A. de C.V., Ronseal (Ireland) Limited, SWIMC LLC, SWIPCO – Sherwin Williams do Brasil Propriedade Intelectual Ltda, Sherwin Williams Colombia S.A.S., Sherwin-Williams (Australia) Pty. Ltd., Sherwin-Williams (Belize) Limited, Sherwin-Williams (Caribbean) N.V., Sherwin-Williams (Ireland) Limited, Sherwin-Williams (Malaysia) Sdn. Bhd., Sherwin-Williams (Nantong) Coatings Technology Co. Ltd., Sherwin-Williams (Nantong) Company Limited, Sherwin-Williams (Shanghai) Limited, Sherwin-Williams (Thailand) Co. Ltd., Sherwin-Williams (Vietnam) Limited, Sherwin-Williams (West Indies) Limited, Sherwin-Williams Argentina I.y C.S.A., Sherwin-Williams Aruba VBA, Sherwin-Williams Balkan S.R.L., Sherwin-Williams Bel Unitary Enterprise, Sherwin-Williams Benelux NV, Sherwin-Williams Canada Inc., Sherwin-Williams Cayman Islands Limited, Sherwin-Williams Chile S.A., Sherwin-Williams Coatings India Private Limited, Sherwin-Williams Coatings S.a r.l., Sherwin-Williams Czech Republic spol. s r.o, Sherwin-Williams Denmark A/S, Sherwin-Williams Deutschland GmbH, Sherwin-Williams France Finishes SAS, Sherwin-Williams Italy S.r.l., Sherwin-Williams Norway AS, Sherwin-Williams Paints Limited Liability Company, Sherwin-Williams Peru S.R.L., Sherwin-Williams Pinturas de Venezuela S.A., Sherwin-Williams Poland Sp. z o.o, Sherwin-Williams Protective & Marine Coatings, Sherwin-Williams Realty Holdings Inc., Sherwin-Williams Services (Malaysia) Sdn. Bhd., Sherwin-Williams Spain Coatings S.L., Sherwin-Williams Sweden AB, Sherwin-Williams UK Coatings Limited, Sherwin-Williams UK Limited, Sherwin-Williams do Brasil Industria e Comercio Ltda., Southland Paint Company, Spanyc Paints Joint Stock Company, Specialized Industrial Coatings Holding, Specialty Polymers Inc., Syntema I Vaggeryd AB, Taiwan Valspar Co. Ltd., The Sherwin-Williams Acceptance Corporation, The Sherwin-Williams Headquarters Company, The Sherwin-Williams Manufacturing Company, The Sherwin-Williams US Licensing Company, The Valspar (Asia) Corporation Limited, The Valspar (Australia) Corporation Pty. Ltd., The Valspar (Finland) Corporation Oy, The Valspar (France) Corporation S.A.S., The Valspar (France) Research Corporation SAS, The Valspar (Malaysia) Corporation Sdn Bhd, The Valspar (Nantes) Corporation S.A.S., The Valspar (Singapore) Corporation Pte. Ltd, The Valspar (South Africa) Corporation (Pty) Ltd, The Valspar (Switzerland) Corporation AG, The Valspar (Thailand) Corporation Ltd., The Valspar (UK) Corporation Limited, The Valspar (Vietnam) Corporation Ltd., The Valspar Corporation, The Valspar Corporation Limitada, UAB Sherwin-Williams Baltic, Valspar (India) Coatings Corporation Private Limited, Valspar (Shanghai) Management Co. Ltd., Valspar (Uruguay) Corporation S.A., Valspar (WPC) Pty Ltd, Valspar Aries Coatings S. de R.L. de C.V., Valspar Automotive (UK) Corporation Limited, Valspar Automotive Australia Pty Limited, Valspar B.V., Valspar Coatings (Guangdong) Co. Ltd., Valspar Coatings (Shanghai) Co. Ltd., Valspar Coatings (Tianjin) Co. Ltd, Valspar D.o.o Beograd, Valspar Industries (Ireland) Ltd., Valspar Industries (Italy) S.r.l., Valspar Industries GmbH, Valspar LLC, Valspar Mexicana S.A. de C.V., Valspar Powder Coatings Limited, Valspar Rock Company Limited (Japan), Valspar Specialty Paints LLC, and ZAO Sherwin-Williams. Read More

Sherwin-Williams Stock Price, News & Analysis (NYSE:SHW)

$286.71

+3.71 (+1.31%)

(As of 04:10 PM ET)

Compare

Today's Range: $285.95
▼
$289.40
50-Day Range: $234.98
▼
$283.00
52-Week Range: $205.43
▼
$289.40

Volume: 3.15 million shs
Average Volume: 1.47 million shs
Market Capitalization: $73.39 billion

P/E Ratio: 30.70
Dividend Yield: 0.84%
Price Target: $287.44

Sherwin-Williams MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.53 Rating Score
Upside/Downside: 0.6% Downside
$287.44 Price Target
Short Interest: Healthy
1.27% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -4.14
Upright™ Environmental Score
News Sentiment: 1.13
Based on 10 Articles This Week
Insider Trading: Acquiring Shares
$504,900 Bought Last Quarter
Proj. Earnings Growth: 8.45%
From $10.30 to $11.17 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.43 out of 5 stars

Construction Sector

15th out of 81 stocks

Building Materials, Hardware, Garden Supply & Mobile Home Dealers Industry

2nd out of 4 stocks

2.3

Analyst's Opinion

Consensus Rating
Sherwin-Williams has received a consensus rating of Moderate Buy. The company's average rating score is 2.53, and is based on 9 buy ratings, 5 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $287.44, Sherwin-Williams has a forecasted downside of 0.6% from its current price of $289.20.
Amount of Analyst Coverage
Sherwin-Williams has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
1.27% of the float of Sherwin-Williams has been sold short.
Short Interest Ratio / Days to Cover
Sherwin-Williams has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Sherwin-Williams has recently increased by 1.69%, indicating that investor sentiment is decreasing.

3.3

Dividend Strength

Dividend Yield
Sherwin-Williams has a dividend yield of 0.86%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Sherwin-Williams has been increasing its dividend for 46 years.
Dividend Coverage
The dividend payout ratio of Sherwin-Williams is 25.91%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Sherwin-Williams will have a dividend payout ratio of 21.67% next year. This indicates that Sherwin-Williams will be able to sustain or increase its dividend.

0.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Sherwin-Williams has received a -68.45% net impact score from Upright. The largest negative impact of Sherwin-Williams in category "GHG emissions" seems to be driven mostly by its "Varnishes", "Sealing caulk", "Corrosion prevention chemicals", "Interior paints", and "Exterior paints" products. See details.
Environmental Sustainability
The Environmental Impact score for Sherwin-Williams is -4.14.

3.4

News and Social Media Coverage

News Sentiment
Sherwin-Williams has a news sentiment score of 1.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Construction companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for Sherwin-Williams this week, compared to 7 articles on an average week.
Search Interest
12 people have searched for SHW on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.
MarketBeat Follows
Only 20 people have added Sherwin-Williams to their MarketBeat watchlist in the last 30 days. This is a decrease of -13% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sherwin-Williams insiders have bought more of their company's stock than they have sold. Specifically, they have bought $504,900.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.55% of the stock of Sherwin-Williams is held by insiders.
Percentage Held by Institutions
75.87% of the stock of Sherwin-Williams is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Sherwin-Williams are expected to grow by 8.45% in the coming year, from $10.30 to $11.17 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sherwin-Williams is 30.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.03.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sherwin-Williams is 30.96, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 14.88.
Price to Earnings Growth Ratio
Sherwin-Williams has a PEG Ratio of 2.22. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Sherwin-Williams has a P/B Ratio of 24.16. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Sherwin-Williams Stock (NYSE:SHW)

The Sherwin-Williams Company engages in the manufacture, distribution, and sale of paints, coating, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: The Americas Group, Consumer Brands Group, and Performance Coatings Group. The Americas Group segment offers architectural paints and coatings, and protective and marine products, as well as OEM product finishes and related products for architectural and industrial paint contractors, and do-it-yourself homeowners. The Consumer Brands Group segment supplies a portfolio of branded and private-label architectural paints, stains, varnishes, industrial products, wood finishes products, wood preservatives, applicators, corrosion inhibitors, aerosols, caulks, and adhesives to retailers and distributors. The Performance Coatings Group segment develops and sells industrial coatings for wood finishing and general industrial applications, automotive refinish products, protective and marine coatings, coil coatings, packaging coatings, and performance-based resins and colorants. It serves retailers, dealers, jobbers, licensees, and other third-party distributors through its branches and direct sales staff, as well as through outside sales representatives. The company has operations primarily in the North and South America, the Caribbean, Europe, Asia, and Australia. The Sherwin-Williams Company was founded in 1866 and is headquartered in Cleveland, Ohio.

SHW Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SHW Stock News Headlines

December 6, 2023 | msn.com

Sherwin-Williams celebrates ‘topping off’ of new headquarters in Cleveland

December 6, 2023 | msn.com

Cleveland’s newest skyscraper is topped off as Sherwin-Williams HQ reaches milestone

December 6, 2023 | Edge On The Street (Ad)

Energy Storage Trend Ignites Frenzy Over Vanadium Supply

As the world shifts to renewables such as wind and solar, how will we store all this energy? Vanadium batteries are the breakthrough that some experts predict will be the future of grid-scale energy storage. The problem is, only 5% of vanadium is mined in the U.S. - and China and Russia have a stranglehold on our supply.

December 6, 2023 | americanbankingnews.com

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

December 5, 2023 | americanbankingnews.com

Sherwin-Williams (NYSE:SHW) Lowered to Hold at StockNews.com

November 29, 2023 | finance.yahoo.com

Why Sherwin-Williams (SHW) is a Top Momentum Stock for the Long-Term

November 23, 2023 | finance.yahoo.com

Sherwin-Williams (SHW) Up 15.1% Since Last Earnings Report: Can It Continue?

November 20, 2023 | msn.com

Sherwin-Williams named as ‘top pick’ at BMO Capital

December 6, 2023 | Edge On The Street (Ad)

Energy Storage Trend Ignites Frenzy Over Vanadium Supply

November 20, 2023 | finance.yahoo.com

The Zacks Analyst Blog Highlights Amazon.com, Deere, Citigroup, MercadoLibre and The Sherwin-Williams Company

November 15, 2023 | finance.yahoo.com

If You Invested $1000 in Sherwin-Williams a Decade Ago, This is How Much It'd Be Worth Now

November 14, 2023 | finance.yahoo.com

Why Sherwin-Williams (SHW) is a Top Value Stock for the Long-Term

November 11, 2023 | finance.yahoo.com

Be Sure To Check Out The Sherwin-Williams Company (NYSE:SHW) Before It Goes Ex-Dividend

November 3, 2023 | markets.businessinsider.com

Analysts Have Conflicting Sentiments on These Industrial Goods Companies: Mohawk (MHK) and Sherwin-Williams Company (SHW)

November 3, 2023 | finance.yahoo.com

Sherwin-Williams CEO John Morikis Bought Up Stock

November 1, 2023 | finance.yahoo.com

3 Top-Ranked Stocks Delivering Long-Term Outperformance

November 1, 2023 | morningstar.com

Sherwin-Williams Co SHW

October 31, 2023 | benzinga.com

$1000 Invested In Sherwin-Williams 10 Years Ago Would Be Worth This Much Today

October 31, 2023 | seekingalpha.com

Sherwin-Williams: Avoid It For Now

October 27, 2023 | markets.businessinsider.com

Rapid Growth in Protective & Marine Market and Pros Who Paint Expansion Fuel Sherwin-Williams Buy Rating Despite Challenges

October 26, 2023 | msn.com

JP Morgan Maintains Sherwin-Williams (SHW) Overweight Recommendation

October 26, 2023 | msn.com

Sherwin-Williams: Macroeconomic Weakness Creating Headwinds For The Foreseeable Future

October 26, 2023 | benzinga.com

Sherwin-Williams Chairman & CEO Trades Company's Stock

October 26, 2023 | msn.com

Sherwin-Williams Q3: Earnings Beat, 1.1% Sales Growth, Raised FY23 Earnings Guidance & More

October 26, 2023 | msn.com

Sherwin-Williams Says Consumers Are Still Stretched. Earnings Were Strong Anyway.

October 26, 2023 | markets.businessinsider.com

Strong Q3 Performance and Future Growth Prospects Affirm Buy Rating for Sherwin-Williams Company

October 26, 2023 | markets.businessinsider.com

Analysts Are Neutral on Top Industrial Goods Stocks: Air Transport Services (ATSG), Sherwin-Williams Company (SHW)

See More Headlines

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Company Calendar

Ex-Dividend for 9/8 Dividend: 8/17/2023
Dividend Payable: 9/08/2023
Last Earnings: 10/24/2023
Ex-Dividend for 12/8 Dividend: 11/16/2023
Today: 12/06/2023
Dividend Payable: 12/08/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 1/25/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Building materials, hardware, garden supply & mobile home dealers
Sub-Industry: Specialty Chemicals
Sector: Construction
Current Symbol: NYSE:SHW
CUSIP: 82434810
CIK: 89800
Web: www.sherwin-williams.com
Phone: (216) 566-2000
Fax: 216-566-3310
Employees: 64,366
Year Founded: 1866

Price Target and Rating

Average Stock Price Target: $287.44
High Stock Price Target: $330.00
Low Stock Price Target: $249.00
Potential Upside/Downside: +0.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.53
Research Coverage: 15 Analysts

Profitability

EPS (Most Recent Fiscal Year): $9.34
Trailing P/E Ratio: 30.76
Forward P/E Ratio: 27.89
P/E Growth: 2.22
Net Income: $2.02 billion
Net Margins: 10.50%
Pretax Margin: 13.59%
Return on Equity: 78.92%
Return on Assets: 11.75%

Debt

Debt-to-Equity Ratio: 2.25
Current Ratio: 0.94
Quick Ratio: 0.60

Sales & Book Value

Annual Sales: $22.15 billion
Price / Sales: 3.32
Cash Flow: $11.34 per share
Price / Cash Flow: 25.33
Book Value: $11.97 per share
Price / Book: 24.00

Miscellaneous

Outstanding Shares: 255,970,000
Free Float: 254,558,000
Market Cap: $73.53 billion
Optionable: Optionable
Beta: 1.11

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Key Executives

Mr. John G. Morikis (Age 60)
Chairman & CEO
Comp: $3.14M
Ms. Heidi G. Petz (Age 48)
President, COO & Director
Comp: $1.33M
Mr. Allen J. Mistysyn (Age 54)
Senior VP of Finance & CFO
Comp: $1.39M
Mr. Justin T. Binns (Age 47)
President of Paint Stores Group
Comp: $1.69M
Mr. Karl J. Jorgenrud (Age 46)
President of Performance Coatings Group
Comp: $1.55M
Mr. James R. Jaye
Senior Vice President of Investor Relations & Corporate Communications
Ms. Mary L. Garceau (Age 50)
Senior VP, General Counsel & Secretary
Comp: $1.63M
Karl Schmitt
Senior Vice President of Marketing
Mr. Gregory P. Sofish (Age 57)
Senior Vice President - Human Resources
Mr. Peter J. Ippolito (Age 59)
President and GM of Industrial Wood Division - Performance Coatings Group
Comp: $1.83M

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy Sherwin-Williams Stock? SHW Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Sherwin-Williams was last updated on Monday, November 27, 2023 at 10:08 AM.

Pros

Here are some ways that investors could benefit from investing in The Sherwin-Williams Company:

The Sherwin-Williams Company operates in the building materials, hardware, garden supply, and mobile home dealers industry, which has shown consistent growth and demand.
The company has a diverse product portfolio, offering a wide range of paints, coatings, and related products to various customer segments, including professional, industrial, commercial, and retail customers.
The Americas Group segment of The Sherwin-Williams Company offers architectural paints and coatings, protective and marine products, and OEM product finishes, catering to both architectural and industrial paint contractors as well as do-it-yourself homeowners.
The Performance Coatings Group segment develops and sells industrial coatings for wood finishing and general industrial applications, automotive refinish products, protective and marine coatings, coil coatings, packaging coatings, and performance-based resins and colorants, providing a diversified revenue stream.
The company has a global presence, with operations in North and South America, the Caribbean, Europe, Asia, and Australia, allowing it to tap into various markets and potentially benefit from international growth opportunities.

Cons

Investors should be bearish about investing in The Sherwin-Williams Company for these reasons:

The stock price of The Sherwin-Williams Company is subject to market fluctuations and may be influenced by factors such as economic conditions, industry trends, and competitive pressures.
The company operates in the specialty chemicals subindustry, which can be highly competitive and subject to regulatory changes and environmental concerns.
While the company has a diverse product portfolio, it may face challenges in maintaining market share and profitability in a competitive market.
The performance of The Sherwin-Williams Company's stock may be affected by factors such as changes in consumer preferences, technological advancements, and shifts in the global economy.
Investors should carefully consider their investment goals, risk tolerance, and market conditions before making any investment decisions related to The Sherwin-Williams Company.

SHW Stock Analysis - Frequently Asked Questions

Should I buy or sell Sherwin-Williams stock right now?: 15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sherwin-Williams in the last year. There are currently 1 sell rating, 5 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SHW shares.
View SHW analyst ratings or view top-rated stocks.
What is Sherwin-Williams' stock price target for 2024?: 15 Wall Street analysts have issued 12-month price targets for Sherwin-Williams' stock. Their SHW share price targets range from $249.00 to $330.00. On average, they anticipate the company's share price to reach $287.44 in the next twelve months. This suggests that the stock has a possible downside of 0.6%.
View analysts price targets for SHW or view top-rated stocks among Wall Street analysts.
How have SHW shares performed in 2023?: Sherwin-Williams' stock was trading at $237.33 at the start of the year. Since then, SHW stock has increased by 21.9% and is now trading at $289.20.
View the best growth stocks for 2023 here.
When is Sherwin-Williams' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, January 25th 2024.
View our SHW earnings forecast.
How were Sherwin-Williams' earnings last quarter?: The Sherwin-Williams Company (NYSE:SHW) released its quarterly earnings results on Tuesday, October, 24th. The specialty chemicals company reported $3.20 earnings per share for the quarter, topping the consensus estimate of $2.77 by $0.43. The specialty chemicals company earned $6.12 billion during the quarter, compared to analyst estimates of $6 billion. Sherwin-Williams had a trailing twelve-month return on equity of 78.92% and a net margin of 10.50%.
How often does Sherwin-Williams pay dividends? What is the dividend yield for Sherwin-Williams?: Sherwin-Williams declared a quarterly dividend on Tuesday, October 17th. Investors of record on Friday, November 17th will be paid a dividend of $0.605 per share on Friday, December 8th. This represents a $2.42 annualized dividend and a yield of 0.84%. The ex-dividend date of this dividend is Thursday, November 16th.
Read our dividend analysis for SHW.
Is Sherwin-Williams a good dividend stock?: Sherwin-Williams (NYSE:SHW) pays an annual dividend of $2.42 per share and currently has a dividend yield of 0.86%. The company has been increasing its dividend for 46 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 25.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SHW will have a dividend payout ratio of 21.67% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SHW.
What ETFs hold Sherwin-Williams' stock?: ETFs with the largest weight of Sherwin-Williams (NYSE:SHW) stock in their portfolio include Materials Select Sector SPDR Fund (XLB), Fidelity MSCI Materials Index ETF (FMAT), Vanguard Materials ETF (VAW), ProShares Smart Materials ETF (TINT), iShares U.S. Home Construction ETF (ITB), Natixis Vaughan Nelson Select ETF (VNSE), ProShares Ultra Materials (UYM) and Invesco S&P 500 Equal Weight Materials ETF (RTM).

When did Sherwin-Williams' stock split?: Shares of Sherwin-Williams split on the morning of Thursday, April 1st 2021. The 3-1 split was announced on Wednesday, February 3rd 2021. The newly issued shares were issued to shareholders after the market closes on Wednesday, March 31st 2021. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.
What guidance has Sherwin-Williams issued on next quarter's earnings?: Sherwin-Williams updated its FY23 earnings guidance on Tuesday, October, 24th. The company provided earnings per share guidance of $10.10-10.30 for the period, compared to the consensus EPS estimate of $9.84. The company issued revenue guidance of up low single digits, compared to the consensus revenue estimate of $22.82 billion.
What is John Morikis' approval rating as Sherwin-Williams' CEO?: 1,095 employees have rated Sherwin-Williams Chief Executive Officer John Morikis on Glassdoor.com. John Morikis has an approval rating of 76% among the company's employees.
What other stocks do shareholders of Sherwin-Williams own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Sherwin-Williams investors own include Johnson & Johnson (JNJ), Home Depot (HD), AbbVie (ABBV), Visa (V), Walmart (WMT), McDonald's (MCD), NVIDIA (NVDA), AT&T (T), Mastercard (MA) and Walt Disney (DIS).
Who are Sherwin-Williams' major shareholders?: Sherwin-Williams' stock is owned by a number of retail and institutional investors. Top institutional investors include Massachusetts Financial Services Co. MA (2.23%), FMR LLC (2.12%), Morgan Stanley (1.98%), Parnassus Investments LLC (1.15%), Fiera Capital Corp (1.09%) and Clearbridge Investments LLC (1.04%). Insiders that own company stock include Allen J Mistysyn, Allen J Mistysyn, Brian E Padden, Bryan J Young, David B Sewell, Jane M Cronin, Jane M Cronin, John G Morikis, Joseph F Sladek, Justin T Binns, Justin T Binns, Mary L Garceau, Peter J Ippolito, Peter J Ippolito and Thomas P Gilligan.
View institutional ownership trends.
How do I buy shares of Sherwin-Williams?: Shares of SHW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
Does Sherwin-Williams have any subsidiaries?: The following companies are subsidiares of Sherwin-Williams: Acquire Sourcing LLC, CTS National Corporation, Comex North America Inc., Compania Sherwin-Williams S.A. de C.V., Contract Transportation Systems Co., Dongguan Lilly Paint Industries Ltd, Duron, EPS (Shanghai) Trading Co. Ltd., EPS B.V., Geocel Holdings, Gross & Perthun, Guangdong Valspar Paints Manufacturing Co Ltd., ICA Group, Inver East Med S.A., Inver France SAS, Inver GmbH, Inver Industrial Coating SRL, Inver Polska Spólka Z O.O, Inver Spa, Invercolor Bologna Srl, Invercolor Ltd, Invercolor Roma Srl, Invercolor Torino Srl, Invercolor Toscana Srl, Isocoat Tintas e Vernizes Ltda, Isva Vernici Srl, Leighs Paints, M.A. Bruder & Sons, Omega Specialty Products & Services LLC, Oy Sherwin-Williams Finland Ab, PT Sherwin-Williams Indonesia, PT Valspar Indonesia, Paint Sundry Brands, Pinturas Condor S.A., Pinturas Industriales S.A., Piton Paints Limited, Plasti-Kote Co. Inc., Plasti-kote Limited, Productos Quimicos y Pinturas S.A. de C.V., Quest Automotive Products UK Limited, Quetzal Pinturas S.A. de C.V., Ronseal (Ireland) Limited, SWIMC LLC, SWIPCO – Sherwin Williams do Brasil Propriedade Intelectual Ltda, Sherwin Williams Colombia S.A.S., Sherwin-Williams (Australia) Pty. Ltd., Sherwin-Williams (Belize) Limited, Sherwin-Williams (Caribbean) N.V., Sherwin-Williams (Ireland) Limited, Sherwin-Williams (Malaysia) Sdn. Bhd., Sherwin-Williams (Nantong) Coatings Technology Co. Ltd., Sherwin-Williams (Nantong) Company Limited, Sherwin-Williams (Shanghai) Limited, Sherwin-Williams (Thailand) Co. Ltd., Sherwin-Williams (Vietnam) Limited, Sherwin-Williams (West Indies) Limited, Sherwin-Williams Argentina I.y C.S.A., Sherwin-Williams Aruba VBA, Sherwin-Williams Balkan S.R.L., Sherwin-Williams Bel Unitary Enterprise, Sherwin-Williams Benelux NV, Sherwin-Williams Canada Inc., Sherwin-Williams Cayman Islands Limited, Sherwin-Williams Chile S.A., Sherwin-Williams Coatings India Private Limited, Sherwin-Williams Coatings S.a r.l., Sherwin-Williams Czech Republic spol. s r.o, Sherwin-Williams Denmark A/S, Sherwin-Williams Deutschland GmbH, Sherwin-Williams France Finishes SAS, Sherwin-Williams Italy S.r.l., Sherwin-Williams Norway AS, Sherwin-Williams Paints Limited Liability Company, Sherwin-Williams Peru S.R.L., Sherwin-Williams Pinturas de Venezuela S.A., Sherwin-Williams Poland Sp. z o.o, Sherwin-Williams Protective & Marine Coatings, Sherwin-Williams Realty Holdings Inc., Sherwin-Williams Services (Malaysia) Sdn. Bhd., Sherwin-Williams Spain Coatings S.L., Sherwin-Williams Sweden AB, Sherwin-Williams UK Coatings Limited, Sherwin-Williams UK Limited, Sherwin-Williams do Brasil Industria e Comercio Ltda., Southland Paint Company, Spanyc Paints Joint Stock Company, Specialized Industrial Coatings Holding, Specialty Polymers Inc., Syntema I Vaggeryd AB, Taiwan Valspar Co. Ltd., The Sherwin-Williams Acceptance Corporation, The Sherwin-Williams Headquarters Company, The Sherwin-Williams Manufacturing Company, The Sherwin-Williams US Licensing Company, The Valspar (Asia) Corporation Limited, The Valspar (Australia) Corporation Pty. Ltd., The Valspar (Finland) Corporation Oy, The Valspar (France) Corporation S.A.S., The Valspar (France) Research Corporation SAS, The Valspar (Malaysia) Corporation Sdn Bhd, The Valspar (Nantes) Corporation S.A.S., The Valspar (Singapore) Corporation Pte. Ltd, The Valspar (South Africa) Corporation (Pty) Ltd, The Valspar (Switzerland) Corporation AG, The Valspar (Thailand) Corporation Ltd., The Valspar (UK) Corporation Limited, The Valspar (Vietnam) Corporation Ltd., The Valspar Corporation, The Valspar Corporation Limitada, UAB Sherwin-Williams Baltic, Valspar (India) Coatings Corporation Private Limited, Valspar (Shanghai) Management Co. Ltd., Valspar (Uruguay) Corporation S.A., Valspar (WPC) Pty Ltd, Valspar Aries Coatings S. de R.L. de C.V., Valspar Automotive (UK) Corporation Limited, Valspar Automotive Australia Pty Limited, Valspar B.V., Valspar Coatings (Guangdong) Co. Ltd., Valspar Coatings (Shanghai) Co. Ltd., Valspar Coatings (Tianjin) Co. Ltd, Valspar D.o.o Beograd, Valspar Industries (Ireland) Ltd., Valspar Industries (Italy) S.r.l., Valspar Industries GmbH, Valspar LLC, Valspar Mexicana S.A. de C.V., Valspar Powder Coatings Limited, Valspar Rock Company Limited (Japan), Valspar Specialty Paints LLC, and ZAO Sherwin-Williams.
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This page (NYSE:SHW) was last updated on 12/6/2023 by MarketBeat.com Staff

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Sherwin-Williams Stock Price, News & Analysis (NYSE:SHW)

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