Sherwin-Williams (NYSE:SHW) Stock Rating Raised to Hold at Barclays

Sherwin-Williams (NYSE:SHW) was upgraded by equities research analysts at Barclays to a “hold” rating in a report released on Monday, Zacks reports.

A number of other research analysts have also commented on SHW. Stephens cut their price objective on shares of Sherwin-Williams from $375.00 to $353.00 and set a “hold” rating for the company in a research report on Tuesday, September 22nd. Weiss Ratings raised Sherwin-Williams from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 9th. Bank of America lifted their target price on Sherwin-Williams from $369.00 to $383.00 and gave the stock a “neutral” rating in a research report on Friday, July 17th. Jefferies Financial Group restated a “hold” rating and set a $375.00 price target (up from $360.00) on shares of Sherwin-Williams in a research note on Tuesday, July 28th. Finally, Rothschild & Co Redburn upped their price target on Sherwin-Williams from $410.00 to $420.00 and gave the company a “buy” rating in a report on Tuesday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, Sherwin-Williams has a consensus rating of “Moderate Buy” and a consensus price target of $382.08.

Sherwin-Williams Price Performance

NYSE:SHW opened at $324.21 on Monday. The company has a debt-to-equity ratio of 2.16, a current ratio of 0.73 and a quick ratio of 0.46. Sherwin-Williams has a one year low of $289.86 and a one year high of $377.77. The company has a fifty day moving average price of $334.68 and a 200 day moving average price of $328.14. The stock has a market cap of $78.71 billion, a P/E ratio of 29.88, a PEG ratio of 2.41 and a beta of 1.08.

Sherwin-Williams (NYSE:SHW) last posted its quarterly earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.52 by $0.18. The company had revenue of $6.79 billion for the quarter, compared to analyst estimates of $6.60 billion. Sherwin-Williams had a net margin of 11.01% and a return on equity of 67.97%. The business’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period last year, the business posted $3.38 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. Analysts anticipate that Sherwin-Williams will post 12.09 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Karl J. Jorgenrud sold 7,886 shares of the stock in a transaction on Friday, August 7th. The shares were sold at an average price of $368.30, for a total value of $2,904,413.80. Following the completion of the transaction, the insider owned 11,944 shares in the company, valued at approximately $4,398,975.20. This represents a 39.77% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Justin Binns sold 13,500 shares of the firm’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $352.70, for a total transaction of $4,761,450.00. Following the transaction, the insider directly owned 21,937 shares of the company’s stock, valued at $7,737,179.90. The trade was a 38.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.23% of the stock is owned by insiders.

Institutional Trading of Sherwin-Williams

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SHW. Wilkerson Advisory Group LLC grew its stake in shares of Sherwin-Williams by 172.4% in the 1st quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company’s stock valued at $25,000 after purchasing an additional 50 shares during the period. GK Wealth Management LLC bought a new position in shares of Sherwin-Williams during the 3rd quarter worth approximately $25,000. Whipplewood Advisors LLC bought a new position in shares of Sherwin-Williams during the 1st quarter worth approximately $28,000. Montgomery Financial Services LLC bought a new position in shares of Sherwin-Williams during the 2nd quarter worth approximately $29,000. Finally, Tacita Capital Inc acquired a new stake in Sherwin-Williams in the 2nd quarter valued at $30,000. Institutional investors own 77.67% of the company’s stock.

Sherwin-Williams Company Profile

The Sherwin-Williams Company (NYSE: SHW) manufactures, distributes and sells paints, coatings, floorcoverings and related products. Its offerings serve residential, commercial, industrial, automotive and specialty applications, including architectural paints, protective and marine coatings, industrial finishes, automotive refinishing products, wood stains and surface-preparation materials.

Founded in 1866 by Henry Sherwin and Edward Williams, the company is headquartered in Cleveland, Ohio.