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

The Sherwin-Williams Company (NYSE:SHW) has earned a consensus recommendation of “Moderate Buy” from the eighteen brokerages that are covering the company, Marketbeat Ratings reports. Eight equities research analysts have rated the stock with a hold recommendation, nine have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $387.47.

SHW has been the topic of several recent analyst reports. Weiss Ratings downgraded Sherwin-Williams from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, September 24th. KeyCorp initiated coverage on Sherwin-Williams in a report on Thursday, September 10th. They set a “sector weight” rating for the company. UBS Group reaffirmed a “neutral” rating and issued a $390.00 price objective on shares of Sherwin-Williams in a research report on Wednesday, July 29th. Jefferies Financial Group reiterated a “hold” rating and issued a $375.00 target price on shares of Sherwin-Williams in a research note on Tuesday, July 28th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Sherwin-Williams in a research report on Monday.

Sherwin-Williams Price Performance

Sherwin-Williams stock opened at $323.68 on Friday. Sherwin-Williams has a 12-month low of $289.86 and a 12-month high of $377.77. The company has a current ratio of 0.73, a quick ratio of 0.46 and a debt-to-equity ratio of 2.16. The firm has a 50-day moving average price of $339.08 and a 200-day moving average price of $327.81. The firm has a market capitalization of $78.58 billion, a PE ratio of 29.83, a price-to-earnings-growth ratio of 2.46 and a beta of 1.09.

Sherwin-Williams (NYSE:SHW) last issued its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 EPS for the quarter, beating the consensus estimate of $3.52 by $0.18. The company had revenue of $6.79 billion for the quarter, compared to the consensus estimate of $6.60 billion. Sherwin-Williams had a net margin of 11.01% and a return on equity of 67.97%. The firm’s revenue was up 7.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.38 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. As a group, equities research analysts forecast that Sherwin-Williams will post 12.09 EPS for the current year.

Sherwin-Williams Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 11th. Investors of record on Friday, August 21st were paid a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Friday, August 21st. Sherwin-Williams’s dividend payout ratio (DPR) is currently 29.49%.

Insider Transactions at Sherwin-Williams

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of SHW. BlackRock Inc. purchased a new position in Sherwin-Williams during the 2nd quarter valued at about $6,100,083,000. Norges Bank bought a new stake in shares of Sherwin-Williams in the 4th quarter valued at about $1,089,450,000. Wellington Management Group LLP lifted its position in shares of Sherwin-Williams by 133.7% in the 2nd quarter. Wellington Management Group LLP now owns 2,784,679 shares of the specialty chemicals company’s stock worth $958,821,000 after purchasing an additional 1,593,009 shares during the period. Bank of New York Mellon Corp bought a new position in shares of Sherwin-Williams during the second quarter valued at approximately $547,097,000. Finally, Legal & General Group Plc bought a new position in shares of Sherwin-Williams during the second quarter valued at approximately $459,652,000. Institutional investors own 77.67% of the company’s stock.

About Sherwin-Williams

The Sherwin-Williams Company (NYSE: SHW) manufactures, distributes and sells paints, coatings, floorcoverings and related products. Its offerings serve residential, commercial, industrial, automotive and specialty applications, including architectural paints, protective and marine coatings, industrial finishes, automotive refinishing products, wood stains and surface-preparation materials.

Founded in 1866 by Henry Sherwin and Edward Williams, the company is headquartered in Cleveland, Ohio.