Sherwin-Williams (NYSE:SHW) Posts Earnings Results, Beats Expectations By $0.18 EPS

Sherwin-Williams (NYSE:SHWGet Free Report) posted its quarterly earnings data on Tuesday. The specialty chemicals company reported $3.70 EPS for the quarter, beating the consensus estimate of $3.52 by $0.18, FiscalAI reports. The business had revenue of $6.79 billion for the quarter, compared to analysts’ expectations of $6.60 billion. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The firm’s revenue was up 7.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.38 EPS. Sherwin-Williams updated its FY 2026 guidance to 11.800-12.200 EPS.

Sherwin-Williams Price Performance

Shares of NYSE SHW opened at $327.27 on Tuesday. The company has a quick ratio of 0.53, a current ratio of 0.86 and a debt-to-equity ratio of 2.10. The business’s 50 day moving average price is $321.21 and its two-hundred day moving average price is $332.13. The company has a market cap of $80.72 billion, a PE ratio of 31.41, a price-to-earnings-growth ratio of 2.47 and a beta of 1.10. Sherwin-Williams has a twelve month low of $289.86 and a twelve month high of $379.65.

Sherwin-Williams Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 21st will be paid a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.0%. The ex-dividend date is Friday, August 21st. Sherwin-Williams’s dividend payout ratio (DPR) is 30.71%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of SHW. Kemnay Advisory Services Inc. bought a new stake in shares of Sherwin-Williams during the fourth quarter worth approximately $30,000. Meeder Asset Management Inc. bought a new position in shares of Sherwin-Williams during the fourth quarter worth approximately $33,000. JPL Wealth Management LLC acquired a new stake in Sherwin-Williams during the 3rd quarter worth approximately $45,000. IFC & Insurance Marketing Inc. acquired a new stake in Sherwin-Williams during the 4th quarter worth approximately $48,000. Finally, Transamerica Financial Advisors LLC boosted its stake in Sherwin-Williams by 37.9% in the 4th quarter. Transamerica Financial Advisors LLC now owns 182 shares of the specialty chemicals company’s stock valued at $59,000 after purchasing an additional 50 shares during the period. 77.67% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on SHW shares. Berenberg Bank set a $380.00 price objective on Sherwin-Williams in a research report on Monday, June 8th. Weiss Ratings downgraded shares of Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, July 17th. Citigroup started coverage on shares of Sherwin-Williams in a research report on Wednesday, June 24th. They set an “overweight” rating on the stock. JPMorgan Chase & Co. decreased their price objective on Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. Finally, UBS Group cut Sherwin-Williams from a “buy” rating to a “neutral” rating and reduced their price target for the company from $385.00 to $330.00 in a research report on Tuesday, June 2nd. Seven investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Sherwin-Williams has a consensus rating of “Moderate Buy” and an average target price of $373.92.

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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.

Further Reading

Earnings History for Sherwin-Williams (NYSE:SHW)

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