FY2026 Earnings Forecast for SHW Issued By KeyCorp

The Sherwin-Williams Company (NYSE:SHW) – Research analysts at KeyCorp issued their FY2026 earnings per share estimates for shares of 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 per share of $12.10 for the year. KeyCorp has a “Sector Weight” rating on the stock. The consensus estimate for Sherwin-Williams’ current full-year earnings is $12.09 per share.

Several other equities analysts have also recently issued reports on the company. Weiss Ratings upgraded Sherwin-Williams from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, August 26th. Guggenheim started coverage on Sherwin-Williams in a report on Monday, August 3rd. They issued a “buy” rating and a $400.00 price target for the company. The Goldman Sachs Group set a $420.00 price target on Sherwin-Williams in a research note on Wednesday, July 29th. BMO Capital Markets reaffirmed an “outperform” rating and set a $405.00 price objective (up from $400.00) on shares of Sherwin-Williams in a report on Wednesday, July 29th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $395.00 price objective (up from $385.00) on shares of Sherwin-Williams in a research report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $386.29.

Sherwin-Williams Trading Up 0.4%

NYSE SHW opened at $324.57 on Monday. The company has a quick ratio of 0.46, a current ratio of 0.73 and a debt-to-equity ratio of 2.16. The stock has a market capitalization of $78.79 billion, a P/E ratio of 29.91, a P/E/G ratio of 2.41 and a beta of 1.09. Sherwin-Williams has a 52-week low of $289.86 and a 52-week high of $377.77. The firm has a 50-day moving average price of $340.25 and a 200 day moving average price of $329.22.

Sherwin-Williams (NYSE:SHW) last released its earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $6.60 billion. During the same quarter in the previous year, the company posted $3.38 earnings per share. The company’s revenue for the quarter 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.

Institutional Investors Weigh In On Sherwin-Williams

Large investors have recently added to or reduced their stakes in the business. California State Teachers Retirement System raised its position in shares of Sherwin-Williams by 33,736.2% during the 2nd quarter. California State Teachers Retirement System now owns 133,250,118 shares of the specialty chemicals company’s stock worth $45,880,681,000 after buying an additional 132,856,309 shares in the last quarter. BlackRock Inc. acquired a new stake in shares of Sherwin-Williams in the 2nd quarter worth approximately $6,100,083,000. Norges Bank bought a new position in shares of Sherwin-Williams in the fourth quarter valued at approximately $1,089,450,000. Wellington Management Group LLP increased its stake in shares of Sherwin-Williams by 133.7% during the second quarter. Wellington Management Group LLP now owns 2,784,679 shares of the specialty chemicals company’s stock valued at $958,821,000 after acquiring an additional 1,593,009 shares during the period. Finally, Bank of New York Mellon Corp acquired a new position in shares of Sherwin-Williams during the second quarter valued at approximately $547,097,000. 77.67% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Sherwin-Williams

In other Sherwin-Williams news, insider Justin T. Binns sold 13,500 shares of the business’s stock in a transaction on 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 sale, the insider directly owned 21,937 shares in the company, valued at approximately $7,737,179.90. The trade was a 38.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Karl Jorgenrud sold 7,886 shares of the company’s 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 sale, the insider directly owned 11,944 shares in the company, valued at $4,398,975.20. This trade represents a 39.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.23% of the company’s stock.

Sherwin-Williams Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 11th. Investors of record on Friday, August 21st were issued a dividend of $0.80 per share. The ex-dividend date of this dividend was Friday, August 21st. This represents a $3.20 annualized dividend and a yield of 1.0%. Sherwin-Williams’s payout ratio is currently 29.49%.

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.