The Sherwin-Williams Company (NYSE:SHW) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of The Sherwin-Williams Company (NYSE:SHW) have earned an average recommendation of “Moderate Buy” from the fourteen research firms that are presently covering the company, Marketbeat.com reports. Six investment analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $374.3846.

A number of research firms have recently weighed in on SHW. Citigroup began coverage on shares of Sherwin-Williams in a research report on Wednesday, June 24th. They set an “overweight” rating for the company. Wells Fargo & Company cut their price target on shares of Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 29th. Berenberg Bank set a $380.00 price objective on shares of Sherwin-Williams in a research note on Monday, June 8th. Zacks Research raised shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 31st. Finally, BMO Capital Markets boosted their target price on shares of Sherwin-Williams from $355.00 to $400.00 and gave the stock an “outperform” rating in a research report on Monday, July 6th.

Sherwin-Williams Trading Up 0.1%

Shares of SHW opened at $331.57 on Monday. The company has a market capitalization of $81.78 billion, a P/E ratio of 31.82, a P/E/G ratio of 2.86 and a beta of 1.10. Sherwin-Williams has a one year low of $289.86 and a one year high of $379.65. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.53 and a current ratio of 0.86. The stock has a 50-day moving average price of $319.72 and a 200 day moving average price of $332.53.

Sherwin-Williams (NYSE:SHW) last posted its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.27 by $0.08. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.The company had revenue of $5.67 billion for the quarter, compared to the consensus estimate of $5.56 billion. During the same period in the previous year, the business earned $2.25 EPS. Sherwin-Williams’s revenue for the quarter was up 6.9% compared to the same quarter last year. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Sell-side analysts forecast that Sherwin-Williams will post 11.78 EPS for the current fiscal year.

Sherwin-Williams Announces Dividend

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

Institutional Trading of Sherwin-Williams

Hedge funds and other institutional investors have recently bought and sold shares of the company. CoreCap Advisors LLC increased its holdings in shares of Sherwin-Williams by 0.6% during the 4th quarter. CoreCap Advisors LLC now owns 5,102 shares of the specialty chemicals company’s stock worth $1,653,000 after buying an additional 29 shares during the last quarter. Sowell Financial Services LLC lifted its holdings in Sherwin-Williams by 2.8% in the fourth quarter. Sowell Financial Services LLC now owns 1,057 shares of the specialty chemicals company’s stock valued at $343,000 after acquiring an additional 29 shares during the last quarter. Mather Group LLC. lifted its holdings in Sherwin-Williams by 1.4% in the fourth quarter. Mather Group LLC. now owns 2,118 shares of the specialty chemicals company’s stock valued at $686,000 after acquiring an additional 30 shares during the last quarter. Sapient Capital LLC grew its position in Sherwin-Williams by 0.3% in the fourth quarter. Sapient Capital LLC now owns 9,176 shares of the specialty chemicals company’s stock worth $2,993,000 after acquiring an additional 30 shares during the period. Finally, Eastern Bank grew its position in Sherwin-Williams by 50.8% in the second quarter. Eastern Bank now owns 89 shares of the specialty chemicals company’s stock worth $31,000 after acquiring an additional 30 shares during the period. 77.67% of the stock is owned by institutional investors.

About Sherwin-Williams

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.