Sherwin-Williams (NYSE:SHW) Stock Gets Price Target Cut from Royal Bank Of Canada

Sherwin-Williams (NYSE:SHW) had its target price cut by Royal Bank Of Canada from $392.00 to $383.00 in a research report report published on Thursday morning,Benzinga reports. They currently have an outperform rating on the specialty chemicals company’s stock.

A number of other analysts also recently issued reports on SHW. DA Davidson set a $390.00 target price on Sherwin-Williams and gave the stock a “buy” rating in a research report on Wednesday. JPMorgan Chase & Co. dropped their price target on Sherwin-Williams from $380.00 to $375.00 and set an “overweight” rating on the stock in a research report on Wednesday. Jefferies Financial Group reiterated a “hold” rating and set a $353.00 price target on shares of Sherwin-Williams in a research note on Tuesday. Mizuho set a $396.00 price target on Sherwin-Williams and gave the stock an “outperform” rating in a research note on Thursday, September 24th. Finally, Wells Fargo & Company set a $340.00 price objective on Sherwin-Williams and gave the stock an “equal weight” rating in a report on Friday, September 25th. Fifteen investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat, Sherwin-Williams presently has a consensus rating of “Moderate Buy” and an average price target of $377.29.

Sherwin-Williams Trading Up 0.9%

Shares of SHW stock opened at $332.95 on Thursday. The company has a 50 day moving average of $329.41 and a 200-day moving average of $333.14. The company has a quick ratio of 0.46, a current ratio of 0.71 and a debt-to-equity ratio of 2.00. Sherwin-Williams has a 12-month low of $289.86 and a 12-month high of $377.77. The firm has a market cap of $80.44 billion, a P/E ratio of 30.60, a PEG ratio of 2.76 and a beta of 1.08.

Sherwin-Williams (NYSE:SHW) last posted its quarterly earnings results on Tuesday, October 27th. The specialty chemicals company reported $3.63 EPS for the quarter, missing analysts’ consensus estimates of $3.69 by ($0.06). Sherwin-Williams had a return on equity of 69.51% and a net margin of 10.74%. The company had revenue of $6.86 billion during the quarter, compared to the consensus estimate of $6.78 billion. During the same period last year, the firm posted $3.59 EPS. The company’s revenue for the quarter was up 7.9% compared to the same quarter last year. Sell-side analysts anticipate that Sherwin-Williams will post 12.02 earnings per share for the current year.

Sherwin-Williams Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Friday, November 13th will be issued a $0.80 dividend. The ex-dividend date of this dividend is Friday, November 13th. This represents a $3.20 annualized dividend and a yield of 1.0%. Sherwin-Williams’s dividend payout ratio (DPR) is 29.41%.

Insider Buying and Selling

In related news, insider Justin T. Binns sold 13,500 shares of Sherwin-Williams stock in a transaction that occurred on 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 completion of the transaction, the insider directly owned 21,937 shares in the company, valued at approximately $7,737,179.90. The trade was a 38.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Karl Jorgenrud sold 7,886 shares of the business’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 sale, the insider directly owned 11,944 shares in the company, valued at $4,398,975.20. The trade was a 39.77% decrease in their position. The SEC filing for this sale provides additional information. 0.23% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Sherwin-Williams

Several hedge funds have recently made changes to their positions in the stock. BlackRock Inc. purchased a new position in Sherwin-Williams in the 2nd quarter worth approximately $6,100,083,000. Wellington Management Group LLP increased its holdings in shares of Sherwin-Williams by 133.7% in the 2nd quarter. Wellington Management Group LLP now owns 2,784,679 shares of the specialty chemicals company’s stock worth $958,821,000 after buying an additional 1,593,009 shares during the last quarter. Bank of New York Mellon Corp bought a new position in shares of Sherwin-Williams in the 2nd quarter worth $547,097,000. Legal & General Group Plc purchased a new stake in shares of Sherwin-Williams during the 2nd quarter valued at $459,652,000. Finally, Bank of America Corp DE purchased a new stake in shares of Sherwin-Williams during the 2nd quarter valued at $412,339,000. 77.67% of the stock is currently owned by hedge funds and other institutional investors.

More Sherwin-Williams News

Here are the key news stories impacting Sherwin-Williams this week:

• Positive Sentiment: Third-quarter revenue increased 7.9% year over year to $6.86 billion, exceeding consensus expectations of $6.78 billion. The company also maintained profitability and narrowed its full-year adjusted EPS outlook, which can signal greater forecasting confidence. SHW Q3 deep dive: Strong revenue growth meets margin pressures and cautious outlook
• Positive Sentiment: Royal Bank of Canada kept an “outperform” rating, while Citigroup maintained a “buy” rating. Their revised price targets of $383 and $370, respectively, still imply meaningful upside from the reference price, signaling that analysts view the earnings weakness as manageable. Royal Bank of Canada Sherwin-Williams rating Citigroup Sherwin-Williams rating
• Neutral Sentiment: Sherwin-Williams narrowed its FY2026 adjusted EPS outlook range. While a narrower range may improve visibility, it also highlights that investors are focused on whether the company can stabilize earnings amid uneven demand and cost pressures. Sherwin-Williams Narrows FY26 Adj. EPS Outlook Range
• Negative Sentiment: Third-quarter EPS of $3.63 missed the $3.69 consensus estimate. Reports also point to margin pressure and a cautious outlook, raising concerns that revenue growth is not translating into equivalent earnings growth. Sherwin-Williams Shares Gap Down After Earnings Miss
• Negative Sentiment: JPMorgan issued a pessimistic forecast, while RBC and Citi both reduced their price targets despite retaining bullish ratings. The stock also fell below its 200-day moving average after the earnings release, a technical warning that may encourage additional selling. JPMorgan Chase Issues Pessimistic Forecast for Sherwin-Williams Sherwin-Williams Stock Breaks Below 200-Day Moving Average

Sherwin-Williams Company Profile

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.