The Sherwin-Williams Company (NYSE:SHW) Receives $366.77 Average Price Target from Brokerages

The Sherwin-Williams Company (NYSE:SHWGet Free Report) has earned an average rating of “Moderate Buy” from the fourteen brokerages that are presently covering the firm, Marketbeat reports. Six research analysts have rated the stock with a hold recommendation, seven have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $366.7692.

A number of research firms have weighed in on SHW. JPMorgan Chase & Co. reduced their target price on Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. UBS Group lowered Sherwin-Williams from a “buy” rating to a “neutral” rating and dropped their price target for the company from $385.00 to $330.00 in a research report on Tuesday, June 2nd. Zacks Research raised Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. Weiss Ratings downgraded Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 2nd. Finally, Mizuho dropped their target price on shares of Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating on the stock in a report on Monday, March 23rd.

Get Our Latest Stock Report on SHW

Institutional Investors Weigh In On Sherwin-Williams

A number of hedge funds and other institutional investors have recently bought and sold shares of SHW. Vanguard Group Inc. lifted its holdings in shares of Sherwin-Williams by 2.7% during the fourth quarter. Vanguard Group Inc. now owns 23,237,824 shares of the specialty chemicals company’s stock valued at $7,529,752,000 after purchasing an additional 600,119 shares during the last quarter. State Street Corp grew its stake in shares of Sherwin-Williams by 2.4% in the 4th quarter. State Street Corp now owns 15,638,974 shares of the specialty chemicals company’s stock worth $5,067,497,000 after buying an additional 364,832 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Sherwin-Williams by 0.7% in the 4th quarter. Geode Capital Management LLC now owns 5,231,615 shares of the specialty chemicals company’s stock worth $1,687,498,000 after buying an additional 37,145 shares during the last quarter. Capital Research Global Investors increased its position in Sherwin-Williams by 0.3% during the 3rd quarter. Capital Research Global Investors now owns 3,432,977 shares of the specialty chemicals company’s stock valued at $1,188,698,000 after buying an additional 11,560 shares in the last quarter. Finally, Norges Bank purchased a new position in Sherwin-Williams during the fourth quarter valued at $1,089,450,000. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Sherwin-Williams Trading Down 1.2%

NYSE:SHW opened at $317.03 on Thursday. The company has a 50-day moving average price of $316.71 and a 200-day moving average price of $331.10. The stock has a market cap of $78.19 billion, a price-to-earnings ratio of 30.43, a P/E/G ratio of 2.77 and a beta of 1.12. The company has a current ratio of 0.86, a quick ratio of 0.53 and a debt-to-equity ratio of 2.10. Sherwin-Williams has a 12 month low of $289.86 and a 12 month high of $379.65.

Sherwin-Williams (NYSE:SHWGet Free Report) last released its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.27 by $0.08. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The company had revenue of $5.67 billion during the quarter, compared to the consensus estimate of $5.56 billion. During the same period in the prior year, the firm earned $2.25 earnings per share. Sherwin-Williams’s revenue was up 6.9% on a year-over-year basis. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Equities analysts predict that Sherwin-Williams will post 11.77 EPS for the current year.

Sherwin-Williams Announces Dividend

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

Sherwin-Williams Company Profile

(Get Free Report)

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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Analyst Recommendations for Sherwin-Williams (NYSE:SHW)

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