Research Analysts Issue Forecasts for SHW Q3 Earnings

The Sherwin-Williams Company (NYSE:SHW) – KeyCorp issued their Q3 2026 earnings estimates for Sherwin-Williams in a research report issued to clients and investors on Thursday, September 10th. KeyCorp analyst S. Tiano expects that the specialty chemicals company will post earnings of $3.63 per share for the quarter. The consensus estimate for Sherwin-Williams’ current full-year earnings is $12.08 per share. KeyCorp also issued estimates for Sherwin-Williams’ Q4 2026 earnings at $2.43 EPS, FY2027 earnings at $13.25 EPS and FY2028 earnings at $15.20 EPS.

Sherwin-Williams (NYSE:SHW) last issued its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.52 by $0.18. Sherwin-Williams had a return on equity of 67.97% and a net margin of 11.01%.The business had revenue of $6.79 billion for the quarter, compared to the consensus estimate of $6.60 billion. During the same quarter in the prior year, the business posted $3.38 earnings per share. The firm’s quarterly revenue was up 7.5% compared to the same quarter last year. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS.

A number of other research analysts have also recently commented on the company. Jefferies Financial Group restated a “hold” rating and issued a $375.00 price target on shares of Sherwin-Williams in a research report on Tuesday, July 28th. Wells Fargo & Company set a $360.00 target price on shares of Sherwin-Williams and gave the company an “equal weight” rating in a research report on Wednesday, July 29th. Guggenheim started coverage on shares of Sherwin-Williams in a report on Monday, August 3rd. They set a “buy” rating and a $400.00 price target for the company. Berenberg Bank set a $380.00 price objective on shares of Sherwin-Williams in a research note on Monday, June 8th. Finally, DA Davidson set a $400.00 price objective on shares of Sherwin-Williams and gave the company a “buy” rating in a research report on Monday, August 24th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $386.29.

Sherwin-Williams Stock Performance

NYSE:SHW opened at $317.42 on Friday. The stock has a fifty day moving average price of $341.31 and a 200-day moving average price of $329.80. The company has a market cap of $77.06 billion, a price-to-earnings ratio of 29.25, a PEG ratio of 2.39 and a beta of 1.09. The company has a debt-to-equity ratio of 2.16, a quick ratio of 0.46 and a current ratio of 0.73. Sherwin-Williams has a fifty-two week low of $289.86 and a fifty-two week high of $377.77.

Sherwin-Williams Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 21st will be paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Friday, August 21st. Sherwin-Williams’s dividend payout ratio (DPR) is presently 29.49%.

Insider Activity at Sherwin-Williams

In related news, insider Karl Jorgenrud sold 7,886 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the insider directly owned 11,944 shares in the company, valued at $4,398,975.20. This represents a 39.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Justin T. Binns sold 13,500 shares of the stock in a transaction that occurred 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 transaction, the insider directly owned 21,937 shares of the company’s stock, valued at approximately $7,737,179.90. The trade was a 38.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.23% of the company’s stock.

Hedge Funds Weigh In On Sherwin-Williams

A number of institutional investors and hedge funds have recently bought and sold shares of SHW. Tidal Investments LLC boosted its stake in shares of Sherwin-Williams by 19.5% during the second quarter. Tidal Investments LLC now owns 39,607 shares of the specialty chemicals company’s stock valued at $13,637,000 after purchasing an additional 6,458 shares in the last quarter. National Pension Service raised its holdings in Sherwin-Williams by 0.9% in the 2nd quarter. National Pension Service now owns 685,433 shares of the specialty chemicals company’s stock valued at $236,008,000 after buying an additional 6,086 shares during the last quarter. Cidel Asset Management Inc. boosted its position in Sherwin-Williams by 15.1% during the 2nd quarter. Cidel Asset Management Inc. now owns 915 shares of the specialty chemicals company’s stock worth $315,000 after buying an additional 120 shares during the period. NorthRock Partners LLC boosted its position in Sherwin-Williams by 6.3% during the 2nd quarter. NorthRock Partners LLC now owns 1,705 shares of the specialty chemicals company’s stock worth $587,000 after buying an additional 101 shares during the period. Finally, Integrated Wealth Concepts LLC grew its holdings in Sherwin-Williams by 50.8% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 5,887 shares of the specialty chemicals company’s stock worth $2,027,000 after acquiring an additional 1,983 shares during the last quarter. Institutional investors and hedge funds own 77.67% of the company’s stock.

Sherwin-Williams Company Profile

The Sherwin-Williams Company (NYSE: SHW) develops, manufactures, distributes and sells paints, coatings, floorcoverings and related products. Its offerings serve professional contractors, industrial and commercial customers, retailers and do-it-yourself consumers, with products used in residential, commercial, industrial and infrastructure applications.

The company operates through three primary business segments: Paint Stores Group, which supplies professional painting contractors through company-operated stores; Consumer Brands Group, which markets products through home-improvement retailers and other channels; and Performance Coatings Group, which provides specialized coatings for industrial, automotive, aerospace, packaging and other markets.