Analysts’ Recent Ratings Changes for Sherwin-Williams (SHW)

A number of firms have modified their ratings and price targets on shares of Sherwin-Williams (NYSE: SHW) recently:

• 2/3/2025 – Sherwin-Williams had its price target raised by analysts at JPMorgan Chase & Co. from $370.00 to $390.00. They now have an “overweight” rating on the stock.
• 2/3/2025 – Sherwin-Williams had its price target lowered by analysts at Royal Bank of Canada from $438.00 to $415.00. They now have an “outperform” rating on the stock.
• 1/28/2025 – Sherwin-Williams had its price target lowered by analysts at Morgan Stanley from $450.00 to $405.00. They now have an “overweight” rating on the stock.
• 1/24/2025 – Sherwin-Williams was upgraded by analysts at Berenberg Bank from a “hold” rating to a “buy” rating. They now have a $420.00 price target on the stock, up previously from $321.00.
• 1/17/2025 – Sherwin-Williams was upgraded by analysts at Zelman & Associates to a “strong-buy” rating.
• 1/7/2025 – Sherwin-Williams had its price target lowered by analysts at Mizuho from $435.00 to $408.00. They now have an “outperform” rating on the stock.

Sherwin-Williams Price Performance

Shares of NYSE SHW traded down $4.27 on Wednesday, hitting $357.11. The company’s stock had a trading volume of 362,069 shares, compared to its average volume of 1,547,254. The company has a debt-to-equity ratio of 2.02, a current ratio of 0.79 and a quick ratio of 0.46. The stock has a 50 day moving average of $354.72 and a 200-day moving average of $365.19. The Sherwin-Williams Company has a 12-month low of $282.09 and a 12-month high of $400.42. The company has a market capitalization of $89.94 billion, a price-to-earnings ratio of 33.85, a price-to-earnings-growth ratio of 3.15 and a beta of 1.22.

Sherwin-Williams (NYSE:SHW) last posted its quarterly earnings data on Thursday, January 30th. The specialty chemicals company reported $2.09 EPS for the quarter, beating analysts’ consensus estimates of $2.07 by $0.02. Sherwin-Williams had a return on equity of 74.50% and a net margin of 11.61%. During the same quarter last year, the company earned $1.81 EPS. As a group, research analysts predict that The Sherwin-Williams Company will post 12 EPS for the current year.

Insider Transactions at Sherwin-Williams

In other Sherwin-Williams news, SVP Gregory P. Sofish sold 2,565 shares of Sherwin-Williams stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $378.63, for a total value of $971,185.95. Following the completion of the sale, the senior vice president now owns 6,329 shares in the company, valued at $2,396,349.27. The trade was a 28.84 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Mary L. Garceau sold 15,770 shares of the stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $397.92, for a total transaction of $6,275,198.40. Following the transaction, the senior vice president now owns 29,205 shares in the company, valued at approximately $11,621,253.60. The trade was a 35.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.60% of the company’s stock.

Institutional Trading of Sherwin-Williams

Several institutional investors have recently made changes to their positions in SHW. Exchange Traded Concepts LLC increased its holdings in Sherwin-Williams by 135.6% in the 3rd quarter. Exchange Traded Concepts LLC now owns 238 shares of the specialty chemicals company’s stock valued at $91,000 after purchasing an additional 137 shares in the last quarter. VitalStone Financial LLC grew its stake in shares of Sherwin-Williams by 31.8% in the third quarter. VitalStone Financial LLC now owns 145 shares of the specialty chemicals company’s stock valued at $55,000 after buying an additional 35 shares in the last quarter. Grove Bank & Trust raised its holdings in shares of Sherwin-Williams by 24.9% during the 3rd quarter. Grove Bank & Trust now owns 211 shares of the specialty chemicals company’s stock valued at $81,000 after buying an additional 42 shares during the period. Creative Planning lifted its position in Sherwin-Williams by 11.6% during the 3rd quarter. Creative Planning now owns 45,997 shares of the specialty chemicals company’s stock worth $17,556,000 after acquiring an additional 4,770 shares in the last quarter. Finally, Swedbank AB boosted its holdings in Sherwin-Williams by 4.2% in the 3rd quarter. Swedbank AB now owns 117,055 shares of the specialty chemicals company’s stock worth $44,676,000 after acquiring an additional 4,681 shares during the period. 77.67% of the stock is owned by hedge funds and other institutional investors.

The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coating, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: Paint Stores Group, Consumer Brands Group, and Performance Coatings Group.