Sherwin-Williams’ (SHW) “Sector Weight” Rating Reiterated at KeyCorp

Sherwin-Williams (NYSE:SHW)‘s stock had its “sector weight” rating reaffirmed by research analysts at KeyCorp in a report issued on Monday, Marketbeat.com reports. KeyCorp also issued estimates for Sherwin-Williams’ Q1 2025 earnings at $2.31 EPS and Q2 2025 earnings at $4.15 EPS.

SHW has been the topic of a number of other reports. Robert W. Baird boosted their price target on shares of Sherwin-Williams from $310.00 to $325.00 and gave the company a “neutral” rating in a research report on Wednesday, July 24th. Evercore ISI increased their price objective on shares of Sherwin-Williams from $365.00 to $380.00 and gave the stock an “outperform” rating in a research report on Friday, August 30th. UBS Group lifted their price target on shares of Sherwin-Williams from $375.00 to $412.00 and gave the company a “buy” rating in a research note on Friday, August 30th. Morgan Stanley raised their target price on shares of Sherwin-Williams from $338.00 to $375.00 and gave the company an “overweight” rating in a research note on Wednesday, July 24th. Finally, The Goldman Sachs Group boosted their price objective on Sherwin-Williams from $344.00 to $390.00 and gave the stock a “buy” rating in a report on Wednesday, July 24th. One analyst has rated the stock with a sell rating, seven have given a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Sherwin-Williams presently has a consensus rating of “Moderate Buy” and an average price target of $370.39.

Sherwin-Williams Stock Performance

SHW opened at $373.40 on Monday. The stock has a 50-day moving average of $363.87 and a 200-day moving average of $331.25. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.50 and a current ratio of 0.81. Sherwin-Williams has a 52-week low of $232.06 and a 52-week high of $385.25. The company has a market cap of $94.68 billion, a PE ratio of 39.73, a price-to-earnings-growth ratio of 2.97 and a beta of 1.17.

Sherwin-Williams (NYSE:SHW) last posted its earnings results on Tuesday, July 23rd. The specialty chemicals company reported $3.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.51 by $0.19. Sherwin-Williams had a net margin of 10.92% and a return on equity of 75.58%. The business had revenue of $6.27 billion for the quarter, compared to analyst estimates of $6.33 billion. During the same period last year, the business posted $3.29 EPS. Sherwin-Williams’s revenue was up .5% compared to the same quarter last year. As a group, equities research analysts forecast that Sherwin-Williams will post 11.47 earnings per share for the current fiscal year.

Insider Buying and Selling at Sherwin-Williams

In other news, CFO Allen J. Mistysyn sold 14,520 shares of Sherwin-Williams stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of $366.83, for a total transaction of $5,326,371.60. Following the sale, the chief financial officer now owns 63,520 shares in the company, valued at $23,301,041.60. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.60% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. HHM Wealth Advisors LLC increased its holdings in shares of Sherwin-Williams by 102.3% in the 2nd quarter. HHM Wealth Advisors LLC now owns 89 shares of the specialty chemicals company’s stock valued at $27,000 after acquiring an additional 45 shares during the period. Semmax Financial Advisors Inc. boosted its stake in Sherwin-Williams by 136.4% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 104 shares of the specialty chemicals company’s stock worth $31,000 after purchasing an additional 60 shares in the last quarter. VitalStone Financial LLC lifted its stake in shares of Sherwin-Williams by 233.3% during the second quarter. VitalStone Financial LLC now owns 110 shares of the specialty chemicals company’s stock worth $33,000 after buying an additional 77 shares during the period. Anfield Capital Management LLC acquired a new stake in Sherwin-Williams during the 2nd quarter worth about $38,000. Finally, Meeder Asset Management Inc. purchased a new stake in Sherwin-Williams in the second quarter valued at approximately $41,000. 77.67% of the stock is currently owned by institutional investors.

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.