Sherwin-Williams (NYSE:SHW) Releases Earnings Results

Sherwin-Williams (NYSE:SHW) released its quarterly earnings data on Tuesday. The specialty chemicals company reported $2.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.23 by $0.02, Zacks reports. Sherwin-Williams had a net margin of 11.61% and a return on equity of 74.50%. Sherwin-Williams updated its FY 2025 guidance to 11.650-12.050 EPS.

Sherwin-Williams Stock Up 3.5 %

SHW opened at $343.37 on Tuesday. The business’s fifty day simple moving average is $341.75 and its 200 day simple moving average is $356.82. Sherwin-Williams has a 52 week low of $282.09 and a 52 week high of $400.42. The firm has a market cap of $86.36 billion, a P/E ratio of 31.47, a PEG ratio of 2.98 and a beta of 1.26. The company has a quick ratio of 0.46, a current ratio of 0.79 and a debt-to-equity ratio of 2.02.

Sherwin-Williams Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 16th will be issued a $0.79 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $3.16 dividend on an annualized basis and a dividend yield of 0.92%. Sherwin-Williams’s dividend payout ratio (DPR) is 29.95%.

Analysts Set New Price Targets

SHW has been the topic of a number of research analyst reports. JPMorgan Chase & Co. raised their price objective on shares of Sherwin-Williams from $370.00 to $390.00 and gave the stock an “overweight” rating in a report on Monday, February 3rd. Morgan Stanley decreased their price objective on shares of Sherwin-Williams from $405.00 to $385.00 and set an “overweight” rating for the company in a research note on Tuesday, April 22nd. Jefferies Financial Group reiterated a “hold” rating and set a $380.00 target price (down previously from $423.00) on shares of Sherwin-Williams in a research report on Monday, March 10th. Barclays dropped their price target on Sherwin-Williams from $385.00 to $355.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 1st. Finally, Citigroup reduced their price objective on Sherwin-Williams from $423.00 to $375.00 and set a “buy” rating for the company in a research note on Tuesday, April 8th. Six research analysts have rated the stock with a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $392.00.

Insider Transactions at Sherwin-Williams

In related news, insider Colin M. Davie sold 2,799 shares of the company’s stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $360.30, for a total value of $1,008,479.70. Following the completion of the transaction, the insider now directly owns 5,365 shares in the company, valued at approximately $1,933,009.50. This represents a 34.28 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.60% of the company’s stock.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Sherwin-Williams stock. Brighton Jones LLC raised its stake in The Sherwin-Williams Company (NYSE:SHW) by 73.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,545 shares of the specialty chemicals company’s stock after purchasing an additional 655 shares during the quarter. Brighton Jones LLC’s holdings in Sherwin-Williams were worth $525,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 77.67% of the company’s stock.

About Sherwin-Williams

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.