The Sherwin-Williams Company (NYSE:SHW) Receives Average Rating of “Moderate Buy” from Analysts

The Sherwin-Williams Company (NYSE:SHW) has been assigned a consensus rating of “Moderate Buy” from the seventeen ratings firms that are covering the firm, Marketbeat.com reports. Six research 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 12 month price objective among brokerages that have issued a report on the stock in the last year is $386.2941.

A number of analysts have recently issued reports on SHW shares. Morgan Stanley restated an “overweight” rating and set a $395.00 price target (up from $385.00) on shares of Sherwin-Williams in a report on Wednesday, July 29th. UBS Group reiterated a “neutral” rating and issued a $390.00 price objective on shares of Sherwin-Williams in a research report on Wednesday, July 29th. JPMorgan Chase & Co. raised their target price on Sherwin-Williams from $365.00 to $380.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. BMO Capital Markets restated an “outperform” rating and issued a $405.00 target price (up from $400.00) on shares of Sherwin-Williams in a research report on Wednesday, July 29th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a $375.00 price target on shares of Sherwin-Williams in a research note on Tuesday, July 28th.

Sherwin-Williams Trading Down 0.1%

Shares of SHW stock opened at $333.51 on Tuesday. The company has a current ratio of 0.73, a quick ratio of 0.46 and a debt-to-equity ratio of 2.16. Sherwin-Williams has a twelve month low of $289.86 and a twelve month high of $377.77. The company’s 50-day moving average price is $342.86 and its 200-day moving average price is $330.64. The stock has a market cap of $80.96 billion, a price-to-earnings ratio of 30.74, a PEG ratio of 2.49 and a beta of 1.09.

Sherwin-Williams (NYSE:SHW) last released its quarterly earnings data on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.52 by $0.18. The firm had revenue of $6.79 billion during the quarter, compared to analysts’ expectations of $6.60 billion. Sherwin-Williams had a net margin of 11.01% and a return on equity of 67.97%. Sherwin-Williams’s revenue was up 7.5% compared to the same quarter last year. During the same period last year, the business earned $3.38 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. As a group, equities analysts predict that Sherwin-Williams will post 12.08 earnings per share for the current year.

Sherwin-Williams Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 21st will be issued a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.0%. The ex-dividend date is Friday, August 21st. Sherwin-Williams’s payout ratio is 29.49%.

Insider Transactions at Sherwin-Williams

In other news, insider Karl J. Jorgenrud sold 7,886 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $368.30, for a total value of $2,904,413.80. Following the sale, the insider directly owned 11,944 shares of the company’s stock, valued at approximately $4,398,975.20. The trade was a 39.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Justin Binns sold 13,500 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $352.70, for a total transaction of $4,761,450.00. Following the completion of the transaction, the insider owned 21,937 shares in the company, valued at approximately $7,737,179.90. This represents a 38.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.23% of the company’s stock.

Institutional Trading of Sherwin-Williams

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. California State Teachers Retirement System grew its stake in shares of Sherwin-Williams by 33,736.2% in the second quarter. California State Teachers Retirement System now owns 133,250,118 shares of the specialty chemicals company’s stock valued at $45,880,681,000 after buying an additional 132,856,309 shares in the last quarter. BlackRock Inc. acquired a new position in Sherwin-Williams during the 2nd quarter worth about $6,100,083,000. State Street Corp boosted its holdings in Sherwin-Williams by 2.4% during the 4th quarter. State Street Corp now owns 15,638,974 shares of the specialty chemicals company’s stock valued at $5,067,497,000 after acquiring an additional 364,832 shares during the period. Geode Capital Management LLC boosted its holdings in Sherwin-Williams by 0.7% during the 4th 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 acquiring an additional 37,145 shares during the period. Finally, Norges Bank acquired a new position in Sherwin-Williams in the 4th quarter valued at about $1,089,450,000. Hedge funds and other institutional investors own 77.67% of the company’s stock.

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.