Sherwin-Williams (SHW) Stock Forecast, Price & News

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sherwin-Williams in the last twelve months. There are currently 5 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SHW shares.
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18 Wall Street research analysts have issued 12 month target prices for Sherwin-Williams' shares. Their SHW share price forecasts range from $210.00 to $325.00. On average, they predict the company's stock price to reach $280.56 in the next twelve months. This suggests a possible upside of 2.5% from the stock's current price.
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Sherwin-Williams' stock was trading at $237.33 at the beginning of 2023. Since then, SHW stock has increased by 15.3% and is now trading at $273.72.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
View our SHW earnings forecast.

The Sherwin-Williams Company (NYSE:SHW) posted its quarterly earnings data on Tuesday, July, 25th. The specialty chemicals company reported $3.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.71 by $0.58. The specialty chemicals company had revenue of $6.24 billion for the quarter, compared to analysts' expectations of $6.03 billion. Sherwin-Williams had a net margin of 10.20% and a trailing twelve-month return on equity of 83.63%. The business's revenue was up 6.3% on a year-over-year basis. During the same period last year, the firm posted $2.41 EPS.
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Sherwin-Williams declared a quarterly dividend on Wednesday, July 19th. Investors of record on Friday, August 18th will be given a dividend of $0.605 per share on Friday, September 8th. This represents a $2.42 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date of this dividend is Thursday, August 17th.
Read our dividend analysis for SHW.

ETFs with the largest weight of Sherwin-Williams (NYSE:SHW) stock in their portfolio include Materials Select Sector SPDR Fund (XLB), Fidelity MSCI Materials Index ETF (FMAT), Vanguard Materials ETF (VAW), ProShares Smart Materials ETF (TINT), iShares U.S. Home Construction ETF (ITB), Natixis Vaughan Nelson Select ETF (VNSE), ProShares Ultra Materials (UYM) and Invesco S&P 500 Equal Weight Materials ETF (RTM).

Sherwin-Williams (NYSE:SHW) pays an annual dividend of $2.42 per share and currently has a dividend yield of 0.88%. The company has been increasing its dividend for 46 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 26.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SHW will have a dividend payout ratio of 22.24% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SHW.

Shares of Sherwin-Williams split on the morning of Thursday, April 1st 2021. The 3-1 split was announced on Wednesday, February 3rd 2021. The newly minted shares were issued to shareholders after the closing bell on Wednesday, March 31st 2021. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

Sherwin-Williams updated its FY 2023 earnings guidance on Tuesday, July, 25th. The company provided earnings per share (EPS) guidance of $9.30-$9.70 for the period, compared to the consensus EPS estimate of $8.82. The company issued revenue guidance of -.

1,095 employees have rated Sherwin-Williams Chief Executive Officer John Morikis on Glassdoor.com. John Morikis has an approval rating of 76% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sherwin-Williams investors own include Johnson & Johnson (JNJ), Home Depot (HD), AbbVie (ABBV), Visa (V), Walmart (WMT), McDonald's (MCD), NVIDIA (NVDA), AT&T (T), Mastercard (MA) and Walt Disney (DIS).

Sherwin-Williams trades on the New York Stock Exchange (NYSE) under the ticker symbol "SHW."

Sherwin-Williams' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (6.31%), Geode Capital Management LLC (1.66%), Fiera Capital Corp (1.19%), Parnassus Investments LLC (1.17%), Capital World Investors (1.06%) and Clearbridge Investments LLC (1.02%). Insiders that own company stock include Aaron M Erter, Allen J Mistysyn, Allen J Mistysyn, Brian E Padden, Bryan J Young, David B Sewell, Jane M Cronin, Jane M Cronin, John G Morikis, Joseph F Sladek, Justin T Binns, Justin T Binns, Mary L Garceau, Peter J Ippolito, Peter J Ippolito and Thomas P Gilligan.
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Shares of SHW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SHW stock can currently be purchased for approximately $273.72.

Sherwin-Williams (NYSE:SHW) has a market capitalization of $70.39 billion and generates $22.15 billion in revenue each year. The specialty chemicals company earns $2.02 billion in net income (profit) each year or $9.01 on an earnings per share basis.

The company employs 64,366 workers across the globe.

Sherwin-Williams' mailing address is 101 WEST PROSPECT AVE, CLEVELAND OH, 44115. The official website for the company is www.sherwin-williams.com. The specialty chemicals company can be reached via phone at (216) 566-2000, via email at investor.relations@sherwin.com, or via fax at 216-566-3310.