Royal Bank of Canada lifted its position in shares of The Sherwin-Williams Company (NYSE:SHW – Free Report) by 9.8% in the 1st quarter, Holdings Channel reports. The fund owned 966,561 shares of the specialty chemicals company’s stock after buying an additional 86,254 shares during the period. Royal Bank of Canada’s holdings in Sherwin-Williams were worth $309,832,000 as of its most recent filing with the SEC.
Other large investors have also modified their holdings of the company. Wilkerson Advisory Group LLC boosted its stake in Sherwin-Williams by 172.4% during the 1st quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company’s stock valued at $25,000 after purchasing an additional 50 shares during the period. Ares Financial Consulting LLC acquired a new stake in shares of Sherwin-Williams in the fourth quarter valued at approximately $27,000. Lloyd Advisory Services LLC. bought a new stake in shares of Sherwin-Williams during the fourth quarter valued at approximately $27,000. Whipplewood Advisors LLC bought a new stake in shares of Sherwin-Williams during the first quarter valued at approximately $28,000. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of Sherwin-Williams during the fourth quarter worth approximately $30,000. Institutional investors and hedge funds own 77.67% of the company’s stock.
Analyst Ratings Changes
A number of equities analysts recently issued reports on SHW shares. BMO Capital Markets reissued an “outperform” rating and issued a $405.00 price objective (up from $400.00) on shares of Sherwin-Williams in a report on Wednesday. Weiss Ratings lowered Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, July 17th. Citigroup reissued a “buy” rating on shares of Sherwin-Williams in a research note on Wednesday. Jefferies Financial Group reissued a “hold” rating and set a $375.00 price target on shares of Sherwin-Williams in a report on Tuesday. Finally, Berenberg Bank set a $380.00 target price on Sherwin-Williams in a report on Monday, June 8th. Eight research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $384.47.
Sherwin-Williams Price Performance
SHW stock opened at $344.29 on Thursday. The firm has a 50-day moving average of $323.07 and a two-hundred day moving average of $332.32. The Sherwin-Williams Company has a one year low of $289.86 and a one year high of $379.65. The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 2.16. The firm has a market capitalization of $84.92 billion, a PE ratio of 31.73, a P/E/G ratio of 2.73 and a beta of 1.10.
Sherwin-Williams (NYSE:SHW – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share for the quarter, topping the consensus estimate of $3.52 by $0.18. Sherwin-Williams had a net margin of 11.01% and a return on equity of 67.97%. The firm had revenue of $6.79 billion for the quarter, compared to analysts’ expectations of $6.60 billion. During the same period in the previous year, the company posted $3.38 EPS. The company’s quarterly revenue was up 7.5% compared to the same quarter last year. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. On average, analysts forecast that The Sherwin-Williams Company will post 11.87 earnings per share for the current year.
Sherwin-Williams Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 21st will be issued a $0.80 dividend. The ex-dividend date is Friday, August 21st. This represents a $3.20 dividend on an annualized basis and a dividend yield of 0.9%. Sherwin-Williams’s dividend payout ratio is currently 29.49%.
Sherwin-Williams News Roundup
Here are the key news stories impacting Sherwin-Williams this week:
- Positive Sentiment: Q2 earnings and revenue beat estimates. Sherwin-Williams reported adjusted EPS of $3.70 versus the $3.52 consensus and revenue of $6.79 billion versus expectations of $6.60 billion. Sales increased 7.5% year over year, while all three reportable segments posted growth. Sherwin-Williams second-quarter financial results
- Positive Sentiment: Management raised full-year guidance. Adjusted 2026 EPS guidance was increased to $11.80-$12.20, above the roughly $11.74-$11.78 analyst expectation, while projected sales growth was lifted to the mid- to high-single-digit range from the prior low- to mid-single-digit outlook. The company also plans an approximately 8% price increase, supporting its pricing-power narrative. Sherwin-Williams lifts outlook
- Positive Sentiment: Operational performance was broad-based. Paint Stores Group sales rose 5.1%, Consumer Brands Group sales jumped 21.5% aided by the Suvinil acquisition, and Performance Coatings sales increased 6.3%. Sherwin-Williams also returned substantial capital through dividends and share repurchases. Sherwin-Williams Q2 sales report
- Positive Sentiment: JPMorgan became more bullish. JPMorgan raised its SHW price target from $365 to $380 and assigned an “overweight” rating, implying approximately 10.4% upside from the referenced price. Benzinga analyst update
- Neutral Sentiment: Demand remains a concern. Management indicated there had been “no meaningful improvement in demand,” suggesting that recent outperformance relies heavily on pricing, market-share gains and execution rather than a broad recovery in end markets.
- Negative Sentiment: Cost pressures and valuation may limit enthusiasm. Raw-material inflation pressured gross margin, while SHW trades at a relatively premium earnings multiple. Investors may therefore take profits or remain cautious if volume growth does not improve alongside higher prices.
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.
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