The Sherwin-Williams Company (NYSE:SHW) Receives Consensus Rating of “Moderate Buy” from Analysts

The Sherwin-Williams Company (NYSE:SHW) has been given a consensus recommendation of “Moderate Buy” by the sixteen research firms that are currently covering the firm, MarketBeat.com reports. Four analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $390.0667.

A number of equities analysts have issued reports on the stock. Bank of America reduced their price target on shares of Sherwin-Williams from $375.00 to $368.00 and set a “neutral” rating for the company in a research report on Tuesday, October 14th. JPMorgan Chase & Co. increased their price objective on shares of Sherwin-Williams from $378.00 to $385.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 29th. Royal Bank Of Canada set a $405.00 target price on shares of Sherwin-Williams and gave the company an “outperform” rating in a research report on Wednesday, October 29th. UBS Group reaffirmed a “buy” rating and issued a $422.00 price target (up from $400.00) on shares of Sherwin-Williams in a report on Wednesday, October 29th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Sherwin-Williams in a research note on Monday.

Sherwin-Williams Stock Performance

Shares of SHW opened at $325.16 on Thursday. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.52 and a current ratio of 0.82. The stock has a 50-day moving average of $334.83 and a two-hundred day moving average of $344.25. The stock has a market cap of $80.60 billion, a P/E ratio of 31.72, a P/E/G ratio of 3.82 and a beta of 1.24. Sherwin-Williams has a one year low of $308.84 and a one year high of $379.65.

Sherwin-Williams (NYSE:SHW) last announced its quarterly earnings data on Tuesday, October 28th. The specialty chemicals company reported $3.59 earnings per share for the quarter, beating analysts’ consensus estimates of $3.44 by $0.15. Sherwin-Williams had a return on equity of 66.75% and a net margin of 11.05%.The business had revenue of $6.36 billion for the quarter, compared to analyst estimates of $6.21 billion. During the same period in the prior year, the company earned $3.37 earnings per share. The company’s revenue was up 3.2% on a year-over-year basis. Sherwin-Williams has set its FY 2025 guidance at 11.250-11.450 EPS. As a group, research analysts predict that Sherwin-Williams will post 12 EPS for the current year.

Sherwin-Williams Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 5th. Shareholders of record on Friday, November 14th were issued a $0.79 dividend. The ex-dividend date of this dividend was Friday, November 14th. This represents a $3.16 dividend on an annualized basis and a yield of 1.0%. Sherwin-Williams’s payout ratio is presently 30.83%.

Hedge Funds Weigh In On Sherwin-Williams

Several institutional investors have recently made changes to their positions in SHW. MTM Investment Management LLC purchased a new stake in Sherwin-Williams during the second quarter worth $26,000. Valley National Advisers Inc. raised its position in shares of Sherwin-Williams by 68.0% in the second quarter. Valley National Advisers Inc. now owns 84 shares of the specialty chemicals company’s stock worth $28,000 after acquiring an additional 34 shares during the period. Vermillion & White Wealth Management Group LLC boosted its stake in shares of Sherwin-Williams by 104.8% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 86 shares of the specialty chemicals company’s stock worth $30,000 after acquiring an additional 44 shares in the last quarter. Salomon & Ludwin LLC acquired a new stake in shares of Sherwin-Williams during the 2nd quarter valued at about $31,000. Finally, Saudi Central Bank purchased a new position in shares of Sherwin-Williams in the 1st quarter valued at about $33,000. 77.67% of the stock is owned by hedge funds and other institutional investors.

Sherwin-Williams Company Profile

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.