Sherwin-Williams (NYSE:SHW) Stock Price Expected to Rise, BMO Capital Markets Analyst Says

Sherwin-Williams (NYSE:SHW) had its price objective boosted by analysts at BMO Capital Markets from $355.00 to $400.00 in a research note issued to investors on Monday,Benzinga reports. The firm presently has an “outperform” rating on the specialty chemicals company’s stock. BMO Capital Markets’ target price indicates a potential upside of 13.73% from the company’s current price.

Other analysts also recently issued research reports about the stock. Citigroup initiated coverage on shares of Sherwin-Williams in a report on Wednesday, June 24th. They set an “overweight” rating for the company. Royal Bank Of Canada decreased their price objective on shares of Sherwin-Williams from $390.00 to $376.00 and set an “outperform” rating on the stock in a research note on Thursday, March 19th. Zacks Research upgraded shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. JPMorgan Chase & Co. cut their target price on Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. Finally, Bank of America reduced their target price on Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating on the stock in a report on Tuesday, April 21st. Eight analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Sherwin-Williams presently has an average rating of “Moderate Buy” and an average price target of $372.15.

Sherwin-Williams Stock Down 0.2%

Shares of NYSE SHW opened at $351.72 on Monday. The stock has a market capitalization of $86.75 billion, a P/E ratio of 33.75, a PEG ratio of 3.04 and a beta of 1.10. The stock’s fifty day moving average is $317.77 and its 200 day moving average is $331.87. Sherwin-Williams has a 52 week low of $289.86 and a 52 week high of $379.65. 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 posted its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share for the quarter, topping the consensus estimate of $2.27 by $0.08. The business had revenue of $5.67 billion during the quarter, compared to analysts’ expectations of $5.56 billion. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. Sherwin-Williams’s revenue was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.25 earnings per share. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Sell-side analysts forecast that Sherwin-Williams will post 11.77 earnings per share for the current fiscal year.

Institutional Trading of Sherwin-Williams

A number of hedge funds and other institutional investors have recently modified their holdings of SHW. Wilkerson Advisory Group LLC lifted its stake in shares of Sherwin-Williams by 172.4% in the 1st quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company’s stock valued at $25,000 after acquiring an additional 50 shares during the last quarter. Ares Financial Consulting LLC bought a new stake in Sherwin-Williams during the 4th quarter worth $27,000. Lloyd Advisory Services LLC. bought a new stake in Sherwin-Williams during the 4th quarter worth $27,000. Whipplewood Advisors LLC acquired a new position in Sherwin-Williams in the 1st quarter worth about $28,000. Finally, Kemnay Advisory Services Inc. acquired a new position in Sherwin-Williams in the 4th quarter worth about $30,000. Institutional investors own 77.67% of the company’s stock.

Sherwin-Williams Company Profile

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.