The Sherwin-Williams Company (NYSE:SHW) Stock Now Rated “Moderate Buy” by Sell-Side Brokerages

by · The Markets Daily

Shares of The Sherwin-Williams Company (NYSE:SHW – Get Free Report) have been assigned an average rating of “Moderate Buy” from the eighteen research firms that are presently covering the stock, Marketbeat Ratings reports. Eight equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $387.47.

Several equities analysts have recently issued reports on SHW shares. Morgan Stanley reiterated an “overweight” rating and set a $395.00 target price (up from $385.00) on shares of Sherwin-Williams in a report on Wednesday, July 29th. BMO Capital Markets restated an “outperform” rating on shares of Sherwin-Williams in a report on Monday. The Goldman Sachs Group set a $420.00 price target on shares of Sherwin-Williams in a research note on Wednesday, July 29th. Berenberg Bank set a $380.00 price target on shares of Sherwin-Williams in a report on Monday, June 8th. Finally, Weiss Ratings cut Sherwin-Williams from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, September 24th.

View Our Latest Stock Report on SHW

Insider Activity at Sherwin-Williams

In other Sherwin-Williams news, insider Karl J. Jorgenrud sold 7,886 shares of the 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 completion of the sale, the insider directly owned 11,944 shares of the company’s stock, valued at $4,398,975.20. This trade represents a 39.77% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Justin Binns sold 13,500 shares of the firm’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $352.70, for a total value of $4,761,450.00. Following the transaction, the insider owned 21,937 shares of the company’s stock, valued at approximately $7,737,179.90. The trade was a 38.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.23% of the company’s stock.

Hedge Funds Weigh In On Sherwin-Williams

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SHW. Fideuram Asset Management Ireland dac bought a new stake in Sherwin-Williams during the fourth quarter valued at about $2,496,000. Caisse de depot et placement du Quebec bought a new position in shares of Sherwin-Williams during the 2nd quarter worth approximately $5,473,000. BlackRock Inc. acquired a new position in shares of Sherwin-Williams during the second quarter worth $6,100,083,000. Blueline Advisors LLC purchased a new stake in shares of Sherwin-Williams during the 4th quarter valued at $1,694,000. Finally, Royal Bank of Canada boosted its position in shares of Sherwin-Williams by 9.8% in the 1st quarter. Royal Bank of Canada now owns 966,561 shares of the specialty chemicals company’s stock worth $309,832,000 after purchasing an additional 86,254 shares in the last quarter. 77.67% of the stock is owned by institutional investors.

Sherwin-Williams Stock Performance

Shares of NYSE SHW opened at $320.08 on Friday. The stock has a market cap of $77.70 billion, a price-to-earnings ratio of 29.50, a P/E/G ratio of 2.39 and a beta of 1.08. Sherwin-Williams has a 1-year low of $289.86 and a 1-year high of $377.77. The stock’s 50-day moving average is $339.33 and its 200 day moving average is $327.76. The company has a current ratio of 0.73, a quick ratio of 0.46 and a debt-to-equity ratio of 2.16.

Sherwin-Williams (NYSE:SHW – Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 EPS for the quarter, topping analysts’ consensus estimates of $3.52 by $0.18. The business had revenue of $6.79 billion for the quarter, compared to analysts’ expectations of $6.60 billion. Sherwin-Williams had a return on equity of 67.97% and a net margin of 11.01%.The business’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the firm earned $3.38 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. On average, sell-side analysts anticipate that Sherwin-Williams will post 12.09 EPS for the current fiscal year.

Sherwin-Williams Announces Dividend

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

About Sherwin-Williams

(Get Free Report)

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.

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