Sherwin-Williams (NYSE:SHW) Stock Gets Price Target Cut from Citigroup

Sherwin-Williams (NYSE:SHW) had its price target decreased by Citigroup from $400.00 to $370.00 in a report issued on Thursday,Benzinga reports. Citigroup currently has a buy rating on the specialty chemicals company’s stock.

SHW has been the topic of several other reports. KeyCorp began coverage on Sherwin-Williams in a research report on Thursday, September 10th. They set a “sector weight” rating on the stock. Jefferies Financial Group restated a “hold” rating and issued a $353.00 price objective on shares of Sherwin-Williams in a report on Tuesday. BMO Capital Markets reaffirmed an “outperform” rating on shares of Sherwin-Williams in a research note on Monday, September 28th. DA Davidson set a $390.00 target price on Sherwin-Williams and gave the stock a “buy” rating in a report on Wednesday. Finally, Mizuho set a $396.00 target price on Sherwin-Williams and gave the stock an “outperform” rating in a report on Thursday, September 24th. Fifteen investment analysts have rated the stock with a Buy rating and twelve have assigned 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%

NYSE:SHW opened at $332.95 on Thursday. The stock has a market capitalization of $80.44 billion, a price-to-earnings ratio of 30.60, a PEG ratio of 2.76 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 has a fifty day moving average price of $329.41 and a two-hundred day moving average price of $333.14. The company has a debt-to-equity ratio of 2.00, a quick ratio of 0.46 and a current ratio of 0.71.

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

Sherwin-Williams Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Friday, November 13th will be paid a $0.80 dividend. The ex-dividend date of this dividend is Friday, November 13th. This represents a $3.20 dividend on an annualized basis and a yield of 1.0%. Sherwin-Williams’s payout ratio is presently 29.41%.

Insider Activity at Sherwin-Williams

In related news, insider Karl J. Jorgenrud sold 7,886 shares of the firm’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. This trade represents a 39.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Justin Binns sold 13,500 shares of the business’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 sale, the insider directly owned 21,937 shares in the company, valued at $7,737,179.90. This represents a 38.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.23% of the stock is owned by corporate insiders.

Institutional Trading of Sherwin-Williams

Several hedge funds and other institutional investors have recently modified their holdings of SHW. BlackRock Inc. purchased a new position in shares of Sherwin-Williams in the 2nd quarter valued at approximately $6,100,083,000. Wellington Management Group LLP increased its holdings in shares of Sherwin-Williams by 133.7% in the second 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 raised its stake in shares of Sherwin-Williams by 20.6% during the first quarter. Amundi now owns 2,200,895 shares of the specialty chemicals company’s stock worth $705,497,000 after purchasing an additional 376,505 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of Sherwin-Williams during the second quarter worth approximately $547,097,000. Finally, Dimensional Fund Advisors LP raised its stake in shares of Sherwin-Williams by 2.9% during the first quarter. Dimensional Fund Advisors LP now owns 1,417,166 shares of the specialty chemicals company’s stock worth $454,226,000 after purchasing an additional 39,853 shares during the last quarter. Institutional investors and hedge funds own 77.67% of the company’s stock.

Key Stories Impacting Sherwin-Williams

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

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.