The Sherwin-Williams Company (NYSE:SHW) Receives $374.38 Average PT from Brokerages

Shares of The Sherwin-Williams Company (NYSE:SHW) have been assigned an average recommendation of “Moderate Buy” from the fourteen brokerages that are currently covering the firm, MarketBeat.com reports. Six research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $374.3846.

A number of research analysts have recently issued reports on the company. Mizuho lowered their price target on Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating on the stock in a report on Monday, March 23rd. JPMorgan Chase & Co. reduced their price objective on Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. Zacks Research raised shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 31st. Evercore reiterated an “outperform” rating on shares of Sherwin-Williams in a research note on Friday, May 8th. Finally, Citigroup started coverage on shares of Sherwin-Williams in a report on Wednesday, June 24th. They set an “overweight” rating for the company.

Sherwin-Williams Stock Performance

Shares of SHW stock opened at $331.57 on Monday. Sherwin-Williams has a one year low of $289.86 and a one year high of $379.65. The company’s 50-day moving average is $319.72 and its 200 day moving average is $332.48. The company has a market capitalization of $81.78 billion, a price-to-earnings ratio of 31.82, a price-to-earnings-growth ratio of 2.92 and a beta of 1.10. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.53 and a current ratio of 0.86.

Sherwin-Williams (NYSE:SHW) last issued its earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.27 by $0.08. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The business had revenue of $5.67 billion during the quarter, compared to analysts’ expectations of $5.56 billion. During the same period in the previous year, the company earned $2.25 earnings per share. The business’s revenue for the quarter was up 6.9% compared to the same quarter last year. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Sell-side analysts expect that Sherwin-Williams will post 11.77 EPS for the current fiscal year.

Sherwin-Williams Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Friday, May 22nd. Sherwin-Williams’s dividend payout ratio (DPR) is 30.71%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of SHW. Generali Investments Management Co LLC increased its position in shares of Sherwin-Williams by 38.1% during the 2nd quarter. Generali Investments Management Co LLC now owns 769 shares of the specialty chemicals company’s stock valued at $265,000 after purchasing an additional 212 shares during the last quarter. Legacy Wealth Asset Management LLC boosted its position in shares of Sherwin-Williams by 1.5% during the second quarter. Legacy Wealth Asset Management LLC now owns 2,829 shares of the specialty chemicals company’s stock worth $974,000 after acquiring an additional 43 shares during the last quarter. Everhart Financial Group Inc. grew its stake in Sherwin-Williams by 3.9% during the second quarter. Everhart Financial Group Inc. now owns 1,870 shares of the specialty chemicals company’s stock valued at $644,000 after acquiring an additional 71 shares in the last quarter. Everpar Advisors LLC grew its stake in Sherwin-Williams by 1.9% during the second quarter. Everpar Advisors LLC now owns 4,439 shares of the specialty chemicals company’s stock valued at $1,528,000 after acquiring an additional 83 shares in the last quarter. Finally, Valeo Financial Advisors LLC increased its holdings in Sherwin-Williams by 4.1% in the 2nd quarter. Valeo Financial Advisors LLC now owns 1,856 shares of the specialty chemicals company’s stock valued at $639,000 after acquiring an additional 73 shares during the last quarter. 77.67% of the stock is owned by hedge funds and other 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.