The Sherwin-Williams Company (NYSE:SHW) Stock Has Consensus Target Price of $382.08 According to Analysts

Shares of The Sherwin-Williams Company (NYSE:SHW) have been given an average recommendation of “Moderate Buy” by the twenty-seven research firms that are presently covering the firm, MarketBeat Ratings reports. Ten equities research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $382.08.

SHW has been the subject of several recent analyst reports. Bank of America upped their price target on Sherwin-Williams from $369.00 to $383.00 and gave the stock a “neutral” rating in a research note on Friday, July 17th. Guggenheim started coverage on Sherwin-Williams in a research note on Monday, August 3rd. They issued a “buy” rating and a $400.00 price objective on the stock. Jefferies Financial Group restated a “hold” rating and issued a $375.00 target price (up from $360.00) on shares of Sherwin-Williams in a report on Tuesday, July 28th. Mizuho set a $396.00 target price on Sherwin-Williams and gave the stock an “outperform” rating in a research report on Thursday, September 24th. Finally, Wells Fargo & Company set a $340.00 price target on Sherwin-Williams and gave the company an “equal weight” rating in a report on Friday, September 25th.

Sherwin-Williams Stock Down 0.0%

SHW stock opened at $336.93 on Wednesday. The firm has a market cap of $81.79 billion, a PE ratio of 31.05, a PEG ratio of 2.63 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 company has a fifty day simple moving average of $331.09 and a 200 day simple moving average of $329.05. 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) last posted its earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 EPS 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 the consensus estimate of $6.60 billion. During the same period in the prior year, the business posted $3.38 earnings per share. The business’s quarterly revenue was up 7.5% on a year-over-year basis. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. Sell-side analysts anticipate that Sherwin-Williams will post 12.07 EPS for the current fiscal year.

Sherwin-Williams Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Stockholders of record on Friday, November 13th will be paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Friday, November 13th. Sherwin-Williams’s payout ratio is presently 29.49%.

Insider Buying and Selling at Sherwin-Williams

In related news, insider Karl Jorgenrud sold 7,886 shares of the company’s stock in a transaction 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 approximately $4,398,975.20. This represents a 39.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Justin T. Binns sold 13,500 shares of the firm’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $352.70, for a total transaction of $4,761,450.00. Following the completion of the transaction, the insider owned 21,937 shares in the company, valued at $7,737,179.90. The trade was a 38.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.23% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Sherwin-Williams

Hedge funds have recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of Sherwin-Williams during the 2nd quarter worth about $6,100,083,000. Wellington Management Group LLP boosted its stake in Sherwin-Williams by 133.7% during the 2nd quarter. Wellington Management Group LLP now owns 2,784,679 shares of the specialty chemicals company’s stock valued at $958,821,000 after purchasing an additional 1,593,009 shares during the period. Amundi boosted its stake in Sherwin-Williams by 20.6% during the 1st quarter. Amundi now owns 2,200,895 shares of the specialty chemicals company’s stock valued at $705,497,000 after purchasing an additional 376,505 shares during the period. Bank of New York Mellon Corp bought a new stake in Sherwin-Williams during the 2nd quarter valued at approximately $547,097,000. Finally, Legal & General Group Plc acquired a new stake in Sherwin-Williams in the 2nd quarter valued at approximately $459,652,000. 77.67% of the stock is currently owned by institutional investors.

About Sherwin-Williams

The Sherwin-Williams Company (NYSE: SHW) develops, manufactures, distributes and sells paints, coatings and related products. Its offerings include architectural paints, industrial coatings, wood finishes, protective coatings, automotive refinishing products, floor coatings and related supplies marketed under brands such as Sherwin-Williams, Valspar, Minwax, Krylon and Dutch Boy.

Founded in 1866 and headquartered in Cleveland, Ohio, Sherwin-Williams serves professional contractors, do-it-yourself consumers, industrial manufacturers, commercial businesses and other customers.