Sherwin-Williams (NYSE:SHW) has been given a consensus rating of “Buy” by the twenty-six ratings firms that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, nine have given a hold recommendation, fifteen have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $438.40.

A number of equities analysts have issued reports on the stock. Barclays reissued a “hold” rating on shares of Sherwin-Williams in a report on Sunday, January 28th. KeyCorp reiterated a “buy” rating and set a $500.00 price objective (up previously from $465.00) on shares of Sherwin-Williams in a research note on Monday, January 29th. They noted that the move was a valuation call. Royal Bank of Canada raised their price objective on shares of Sherwin-Williams to $485.00 and gave the company an “outperform” rating in a research note on Monday, January 29th. Susquehanna Bancshares reiterated a “positive” rating and set a $483.00 price objective (down previously from $511.00) on shares of Sherwin-Williams in a research note on Tuesday, February 13th. Finally, Zacks Investment Research lowered shares of Sherwin-Williams from a “buy” rating to a “hold” rating in a research note on Wednesday, April 4th.

Shares of Sherwin-Williams traded up $0.18, hitting $381.30, during trading hours on Monday, Marketbeat Ratings reports. 525 shares of the company’s stock traded hands, compared to its average volume of 685,480. The company has a debt-to-equity ratio of 2.68, a current ratio of 1.13 and a quick ratio of 0.67. The company has a market capitalization of $35.51 billion, a PE ratio of 26.71, a P/E/G ratio of 1.72 and a beta of 1.17. Sherwin-Williams has a twelve month low of $376.87 and a twelve month high of $379.67.

Sherwin-Williams (NYSE:SHW) last announced its earnings results on Tuesday, April 24th. The specialty chemicals company reported $3.57 earnings per share for the quarter, beating the consensus estimate of $3.16 by $0.41. Sherwin-Williams had a return on equity of 48.06% and a net margin of 11.02%. The company had revenue of $3.97 billion during the quarter, compared to the consensus estimate of $3.94 billion. During the same period last year, the firm earned $2.27 earnings per share. The company’s revenue was up 43.6% on a year-over-year basis. equities analysts expect that Sherwin-Williams will post 18.77 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, June 1st. Investors of record on Friday, May 18th will be issued a $0.86 dividend. The ex-dividend date is Thursday, May 17th. This represents a $3.44 annualized dividend and a yield of 0.90%. Sherwin-Williams’s dividend payout ratio (DPR) is presently 24.11%.

In related news, insider Peter J. Ippolito sold 750 shares of Sherwin-Williams stock in a transaction on Wednesday, March 14th. The shares were sold at an average price of $409.26, for a total value of $306,945.00. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.78% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. USA Mutuals Advisors Inc. bought a new position in shares of Sherwin-Williams during the 4th quarter worth about $106,000. Prime Capital Investment Advisors LLC increased its position in shares of Sherwin-Williams by 129.4% during the first quarter. Prime Capital Investment Advisors LLC now owns 500 shares of the specialty chemicals company’s stock worth $196,000 after acquiring an additional 282 shares in the last quarter. BTIM Corp. acquired a new position in Sherwin-Williams during the fourth quarter worth $202,000. Chemung Canal Trust Co. acquired a new position in Sherwin-Williams during the fourth quarter worth $204,000. Finally, S. R. Schill & Associates acquired a new position in Sherwin-Williams during the fourth quarter worth $205,000. Hedge funds and other institutional investors own 75.72% of the company’s stock.

About Sherwin-Williams

The Sherwin-Williams Company develops, manufactures, distributes, and sells paints, coatings, and related products to professional, industrial, commercial, and retail customers primarily in North and South America, the Caribbean, Europe, Asia, and Australia. The company operates in three segments: The Americas Group, Consumer Brands Group, and Performance Coatings Group.

Analyst Recommendations for Sherwin-Williams (NYSE:SHW)

Receive News & Ratings for Sherwin-Williams Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sherwin-Williams and related companies with MarketBeat.com's FREE daily email newsletter.