Should I buy or sell Sherwin-Williams stock right now?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sherwin-Williams in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SHW shares. View SHW analyst ratings or view top-rated stocks .

What is Sherwin-Williams' stock price target for 2024?

19 brokers have issued 12-month price targets for Sherwin-Williams' shares. Their SHW share price targets range from $249.00 to $402.00. On average, they expect the company's stock price to reach $325.94 in the next year. This suggests a possible upside of 4.8% from the stock's current price. View analysts price targets for SHW or view top-rated stocks among Wall Street analysts .

How have SHW shares performed in 2024?

Sherwin-Williams' stock was trading at $311.90 at the start of the year. Since then, SHW shares have decreased by 0.3% and is now trading at $311.10. View the best growth stocks for 2024 here .

When is Sherwin-Williams' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024. View our SHW earnings forecast .

How can I listen to Sherwin-Williams' earnings call?

Sherwin-Williams will be holding an earnings conference call on Tuesday, April 23rd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were Sherwin-Williams' earnings last quarter?

The Sherwin-Williams Company (NYSE:SHW) posted its quarterly earnings data on Thursday, January, 25th. The specialty chemicals company reported $1.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.80 by $0.01. The specialty chemicals company earned $5.25 billion during the quarter, compared to analyst estimates of $5.23 billion. Sherwin-Williams had a net margin of 10.36% and a trailing twelve-month return on equity of 74.72%. The business's revenue was up .4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.89 earnings per share. Read the conference call transcript .

How often does Sherwin-Williams pay dividends? What is the dividend yield for Sherwin-Williams?

Sherwin-Williams declared a quarterly dividend on Wednesday, February 14th. Stockholders of record on Monday, February 26th will be paid a dividend of $0.715 per share on Friday, March 8th. This represents a $2.86 annualized dividend and a dividend yield of 0.92%. The ex-dividend date of this dividend is Friday, February 23rd. This is a positive change from the stock's previous quarterly dividend of $0.61. Read our dividend analysis for SHW .

Is Sherwin-Williams a good dividend stock?

Sherwin-Williams (NYSE:SHW) pays an annual dividend of $2.86 per share and currently has a dividend yield of 0.90%. The company has been increasing its dividend for 47 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 30.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SHW will have a dividend payout ratio of 22.40% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SHW .

What ETFs hold Sherwin-Williams' stock?

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

When did Sherwin-Williams' stock split?

Sherwin-Williams shares split on the morning of Thursday, April 1st 2021. The 3-1 split was announced on Wednesday, February 3rd 2021. The newly created 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.

What guidance has Sherwin-Williams issued on next quarter's earnings?

Sherwin-Williams issued an update on its FY 2024 earnings guidance on Friday, January, 26th. The company provided earnings per share (EPS) guidance of 10.850-11.350 for the period, compared to the consensus earnings per share estimate of 11.330. The company issued revenue guidance of -.

What is John Morikis' approval rating as Sherwin-Williams' CEO?

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.

What other stocks do shareholders of Sherwin-Williams own?

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) .

Who are Sherwin-Williams' major shareholders?

Sherwin-Williams' stock is owned by a number of institutional and retail investors. Top institutional investors include Congress Asset Management Co. MA (0.15%), Confluence Investment Management LLC (0.03%), AMF Tjanstepension AB (0.02%), Czech National Bank (0.02%), Dynamic Advisor Solutions LLC (0.02%) and Bath Savings Trust Co (0.01%). Insiders that own company stock include Allen J Mistysyn, Allen J Mistysyn , Brian E Padden , Bryan J Young , Gregory P Sofish, Heidi G Petz , Jane M Cronin , John G Morikis , Joseph F Sladek , Justin T Binns, Justin T Binns , Karl J Jorgenrud, Mary L Garceau , Peter J Ippolito , Thomas P Gilligan and Todd D Rea. View institutional ownership trends .

How do I buy shares of Sherwin-Williams?

Shares of SHW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Sherwin-Williams have any subsidiaries?

The following companies are subsidiares of Sherwin-Williams: Acquire Sourcing LLC, CTS National Corporation, Comex North America Inc., Compania Sherwin-Williams S.A. de C.V., Contract Transportation Systems Co., Dongguan Lilly Paint Industries Ltd, Duron, EPS (Shanghai) Trading Co. Ltd., EPS B.V., Geocel Holdings, Gross & Perthun, Guangdong Valspar Paints Manufacturing Co Ltd., ICA Group, Inver East Med S.A., Inver France SAS, Inver GmbH, Inver Industrial Coating SRL, Inver Polska Spólka Z O.O, Inver Spa, Invercolor Bologna Srl, Invercolor Ltd, Invercolor Roma Srl, Invercolor Torino Srl, Invercolor Toscana Srl, Isocoat Tintas e Vernizes Ltda, Isva Vernici Srl, Leighs Paints, M.A. Bruder & Sons, Omega Specialty Products & Services LLC, Oy Sherwin-Williams Finland Ab, PT Sherwin-Williams Indonesia, PT Valspar Indonesia, Paint Sundry Brands, Pinturas Condor S.A., Pinturas Industriales S.A., Piton Paints Limited, Plasti-Kote Co. Inc., Plasti-kote Limited, Productos Quimicos y Pinturas S.A. de C.V., Quest Automotive Products UK Limited, Quetzal Pinturas S.A. de C.V., Ronseal (Ireland) Limited, SWIMC LLC, SWIPCO – Sherwin Williams do Brasil Propriedade Intelectual Ltda, Sherwin Williams Colombia S.A.S., Sherwin-Williams (Australia) Pty. Ltd., Sherwin-Williams (Belize) Limited, Sherwin-Williams (Caribbean) N.V., Sherwin-Williams (Ireland) Limited, Sherwin-Williams (Malaysia) Sdn. Bhd., Sherwin-Williams (Nantong) Coatings Technology Co. Ltd., Sherwin-Williams (Nantong) Company Limited, Sherwin-Williams (Shanghai) Limited, Sherwin-Williams (Thailand) Co. Ltd., Sherwin-Williams (Vietnam) Limited, Sherwin-Williams (West Indies) Limited, Sherwin-Williams Argentina I.y C.S.A., Sherwin-Williams Aruba VBA, Sherwin-Williams Balkan S.R.L., Sherwin-Williams Bel Unitary Enterprise, Sherwin-Williams Benelux NV, Sherwin-Williams Canada Inc., Sherwin-Williams Cayman Islands Limited, Sherwin-Williams Chile S.A., Sherwin-Williams Coatings India Private Limited, Sherwin-Williams Coatings S.a r.l., Sherwin-Williams Czech Republic spol. s r.o, Sherwin-Williams Denmark A/S, Sherwin-Williams Deutschland GmbH, Sherwin-Williams France Finishes SAS, Sherwin-Williams Italy S.r.l., Sherwin-Williams Norway AS, Sherwin-Williams Paints Limited Liability Company, Sherwin-Williams Peru S.R.L., Sherwin-Williams Pinturas de Venezuela S.A., Sherwin-Williams Poland Sp. z o.o, Sherwin-Williams Protective & Marine Coatings, Sherwin-Williams Realty Holdings Inc., Sherwin-Williams Services (Malaysia) Sdn. Bhd., Sherwin-Williams Spain Coatings S.L., Sherwin-Williams Sweden AB, Sherwin-Williams UK Coatings Limited, Sherwin-Williams UK Limited, Sherwin-Williams do Brasil Industria e Comercio Ltda., Southland Paint Company, Spanyc Paints Joint Stock Company, Specialized Industrial Coatings Holding, Specialty Polymers Inc., Syntema I Vaggeryd AB, Taiwan Valspar Co. Ltd., The Sherwin-Williams Acceptance Corporation, The Sherwin-Williams Headquarters Company, The Sherwin-Williams Manufacturing Company, The Sherwin-Williams US Licensing Company, The Valspar (Asia) Corporation Limited, The Valspar (Australia) Corporation Pty. Ltd., The Valspar (Finland) Corporation Oy, The Valspar (France) Corporation S.A.S., The Valspar (France) Research Corporation SAS, The Valspar (Malaysia) Corporation Sdn Bhd, The Valspar (Nantes) Corporation S.A.S., The Valspar (Singapore) Corporation Pte. Ltd, The Valspar (South Africa) Corporation (Pty) Ltd, The Valspar (Switzerland) Corporation AG, The Valspar (Thailand) Corporation Ltd., The Valspar (UK) Corporation Limited, The Valspar (Vietnam) Corporation Ltd., The Valspar Corporation, The Valspar Corporation Limitada, UAB Sherwin-Williams Baltic, Valspar (India) Coatings Corporation Private Limited, Valspar (Shanghai) Management Co. Ltd., Valspar (Uruguay) Corporation S.A., Valspar (WPC) Pty Ltd, Valspar Aries Coatings S. de R.L. de C.V., Valspar Automotive (UK) Corporation Limited, Valspar Automotive Australia Pty Limited, Valspar B.V., Valspar Coatings (Guangdong) Co. Ltd., Valspar Coatings (Shanghai) Co. Ltd., Valspar Coatings (Tianjin) Co. Ltd, Valspar D.o.o Beograd, Valspar Industries (Ireland) Ltd., Valspar Industries (Italy) S.r.l., Valspar Industries GmbH, Valspar LLC, Valspar Mexicana S.A. de C.V., Valspar Powder Coatings Limited, Valspar Rock Company Limited (Japan), Valspar Specialty Paints LLC, and ZAO Sherwin-Williams. Read More

NYSE:SHW

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

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$310.55

-3.42 (-1.09%)

(As of 02:57 PM ET)

Compare

Today's Range: $306.93
▼
$311.91
50-Day Range: $307.21
▼
$347.33
52-Week Range: $221.76
▼
$348.37

Volume: 846,555 shs
Average Volume: 1.39 million shs
Market Capitalization: $79.02 billion

P/E Ratio: 33.57
Dividend Yield: 0.92%
Price Target: $326.50

Get Sherwin-Williams alerts:

Sherwin-Williams MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.58 Rating Score
Upside/Downside: 4.8% Upside
$325.94 Price Target
Short Interest: Healthy
1.10% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -4.14
Upright™ Environmental Score
News Sentiment: 0.83
Based on 18 Articles This Week
Insider Trading: Selling Shares
$10.34 M Sold Last Quarter
Proj. Earnings Growth: 11.63%
From $11.44 to $12.77 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.41 out of 5 stars

Construction Sector

12th out of 96 stocks

Building Materials, Hardware, Garden Supply & Mobile Home Dealers Industry

2nd out of 4 stocks

2.3

Analyst's Opinion

Consensus Rating
Sherwin-Williams has received a consensus rating of Moderate Buy. The company's average rating score is 2.58, and is based on 12 buy ratings, 6 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Sherwin-Williams has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
1.10% of the float of Sherwin-Williams has been sold short.
Short Interest Ratio / Days to Cover
Sherwin-Williams has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Sherwin-Williams has recently decreased by 9.86%, indicating that investor sentiment is improving significantly.

3.3

Dividend Strength

Dividend Yield
Sherwin-Williams has a dividend yield of 0.90%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Sherwin-Williams has been increasing its dividend for 47 years.
Dividend Coverage
The dividend payout ratio of Sherwin-Williams is 30.92%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Sherwin-Williams will have a dividend payout ratio of 22.40% next year. This indicates that Sherwin-Williams will be able to sustain or increase its dividend.

0.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Sherwin-Williams has received a -68.45% net impact score from Upright. The largest negative impact of Sherwin-Williams in category "GHG emissions" seems to be driven mostly by its "Varnishes", "Sealing caulk", "Corrosion prevention chemicals", "Interior paints", and "Exterior paints" products. See details.
Environmental Sustainability
The Environmental Impact score for Sherwin-Williams is -4.14.

3.2

News and Social Media Coverage

News Sentiment
Sherwin-Williams has a news sentiment score of 0.83. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Construction companies.
News Coverage This Week
MarketBeat has tracked 18 news articles for Sherwin-Williams this week, compared to 10 articles on an average week.
Search Interest
17 people have searched for SHW on MarketBeat in the last 30 days. This is an increase of 55% compared to the previous 30 days.
MarketBeat Follows
Only 28 people have added Sherwin-Williams to their MarketBeat watchlist in the last 30 days. This is a decrease of -13% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sherwin-Williams insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $10,340,237.00 in company stock.
Percentage Held by Insiders
Only 0.60% of the stock of Sherwin-Williams is held by insiders.
Percentage Held by Institutions
77.67% of the stock of Sherwin-Williams is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Sherwin-Williams are expected to grow by 11.63% in the coming year, from $11.44 to $12.77 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sherwin-Williams is 33.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.86.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sherwin-Williams is 33.63, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 17.33.
Price to Earnings Growth Ratio
Sherwin-Williams has a PEG Ratio of 2.52. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Sherwin-Williams has a P/B Ratio of 21.43. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Sherwin-Williams Stock (NYSE:SHW)

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. The Paint Stores Group segment offers architectural paints and coatings, and protective and marine products, as well as OEM product finishes and related products for architectural and industrial paint contractors, and do-it-yourself homeowners. The Consumer Brands Group segment supplies a portfolio of branded and private-label architectural paints, stains, varnishes, industrial products, wood finishes products, wood preservatives, applicators, corrosion inhibitors, aerosols, caulks, and adhesives to retailers, including home centers and hardware stores, and dedicated dealers and distributors. The Performance Coatings Group segment develops and sells industrial coatings for wood finishing and general industrial applications, automotive refinish products, protective and marine coatings, coil coatings, packaging coatings, and performance-based resins and colorants. It serves retailers, dealers, jobbers, licensees, and other third-party distributors through its branches and direct sales staff, as well as through outside sales representatives. The company has operations primarily in the North and South America, the Caribbean, Europe, Asia, and Australia. The Sherwin-Williams Company was founded in 1866 and is headquartered in Cleveland, Ohio.

SHW Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SHW Stock News Headlines

March 16, 2024 | insidertrades.com

Insider Selling: The Sherwin-Williams Company (NYSE:SHW) Insider Sells 1,563 Shares of Stock

April 16, 2024 | markets.businessinsider.com

Analyst Scoreboard: 11 Ratings For Sherwin-Williams

April 16, 2024 | StockEarnings (Ad)

Your eBook: Mastering Earnings Announcements Trading

April 16, 2024 | americanbankingnews.com

Sherwin-Williams (SHW) Set to Announce Quarterly Earnings on Tuesday

April 14, 2024 | finance.yahoo.com

We Like Sherwin-Williams' (NYSE:SHW) Returns And Here's How They're Trending

April 12, 2024 | finance.yahoo.com

Sherwin-Williams to Announce First Quarter 2024 Financial Results on April 23, 2024

April 12, 2024 | prnewswire.com

Sherwin-Williams to Announce First Quarter 2024 Financial Results on April 23, 2024

April 11, 2024 | americanbankingnews.com

Sherwin-Williams (NYSE:SHW) PT Raised to $390.00

April 16, 2024 | StockEarnings (Ad)

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April 11, 2024 | americanbankingnews.com

Sherwin-Williams (NYSE:SHW) Price Target Raised to $390.00 at Citigroup

April 11, 2024 | markets.businessinsider.com

Wells Fargo Reaffirms Their Hold Rating on Sherwin-Williams Company (SHW)

April 11, 2024 | markets.businessinsider.com

RBC Capital Reaffirms Their Buy Rating on Sherwin-Williams Company (SHW)

April 9, 2024 | americanbankingnews.com

The Sherwin-Williams Company (NYSE:SHW) Given Average Rating of "Moderate Buy" by Brokerages

April 1, 2024 | msn.com

Man stole $600 worth of merchandise from Daly City Sherwin-Williams

March 27, 2024 | markets.businessinsider.com

Peeling Back The Layers: Exploring Sherwin-Williams Through Analyst Insights

March 23, 2024 | fool.com

3 Dividend Stocks That Are Too Successful for Their Own Good

March 16, 2024 | finance.yahoo.com

SHW Apr 2024 300.000 put

March 16, 2024 | finance.yahoo.com

SHW Apr 2024 270.000 call

March 15, 2024 | theglobeandmail.com

Growealth Utilizes Artificial Intelligence for Financial Advancements

March 15, 2024 | seekingalpha.com

FMAT: Materials Sector Dashboard For March

March 12, 2024 | yahoo.com

Benjamin Moore vs. Sherwin-Williams: Finding the Right Paint for Every Type of Home Decorator

March 12, 2024 | prnewswire.com

The Sherwin-Williams Company to Hold Financial Community Presentation on August 29, 2024

March 11, 2024 | msn.com

Why I Love Boring Stocks: Glassman

March 2, 2024 | msn.com

Wolfe Research Initiates Coverage of Sherwin-Williams (SHW) with Peer Perform Recommendation

March 1, 2024 | markets.businessinsider.com

In-Depth Examination Of 11 Analyst Recommendations For Sherwin-Williams

February 28, 2024 | msn.com

Linde, Sherwin Williams among most shorted S&P 500 materials stocks by January end

February 28, 2024 | edition.cnn.com

Sherwin-Williams Company

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Company Calendar

Last Earnings: 1/25/2024
Ex-Dividend for 3/8 Dividend: 2/23/2024
Dividend Payable: 3/08/2024
Today: 4/16/2024
Next Earnings (Confirmed): 4/23/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Construction
Industry: Building materials, hardware, garden supply & mobile home dealers
Sub-Industry: Specialty Chemicals
Current Symbol: NYSE:SHW
CUSIP: 82434810
CIK: 89800
Web: www.sherwin-williams.com
Phone: (216) 566-2000
Fax: 216-566-3310
Employees: 64,088
Year Founded: 1866

Price Target and Rating

Average Stock Price Target: $326.50
High Stock Price Target: $402.00
Low Stock Price Target: $249.00
Potential Upside/Downside: +4.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.58
Research Coverage: 19 Analysts

Profitability

EPS (Most Recent Fiscal Year): $9.25
Trailing P/E Ratio: 33.68
Forward P/E Ratio: 27.24
P/E Growth: 2.52
Net Income: $2.39 billion
Net Margins: 10.36%
Pretax Margin: 13.49%
Return on Equity: 74.72%
Return on Assets: 11.58%

Debt

Debt-to-Equity Ratio: 2.25
Current Ratio: 0.83
Quick Ratio: 0.48

Sales & Book Value

Annual Sales: $23.05 billion
Price / Sales: 3.44
Cash Flow: $12.85 per share
Price / Cash Flow: 24.24
Book Value: $14.52 per share
Price / Book: 21.46

Miscellaneous

Outstanding Shares: 254,460,000
Free Float: 252,938,000
Market Cap: $79.28 billion
Optionable: Optionable
Beta: 1.15

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Key Executives

Mr. John G. Morikis (Age 61)
Executive Chairman
Comp: $6.73M
Ms. Heidi G. Petz (Age 49)
CEO, President & Director
Comp: $2.8M
Mr. Allen J. Mistysyn (Age 55)
Senior VP of Finance & CFO
Comp: $2.77M
Mr. Justin T. Binns (Age 48)
President of Global Architectural
Comp: $1.93M
Mr. Karl J. Jorgenrud (Age 47)
President of Global Industrial
Comp: $1.82M
Mr. James R. Jaye
Senior Vice President of Investor Relations & Corporate Communications
Ms. Mary L. Garceau (Age 51)
Senior VP, Chief Legal Officer & Secretary
Comp: $1.63M
Karl Schmitt
Senior Vice President of Marketing
Mr. Gregory P. Sofish (Age 58)
Senior Vice President - Human Resources
Mr. Peter J. Ippolito (Age 60)
President and GM of Industrial Wood Division - Performance Coatings Group
Comp: $1.83M

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy Sherwin-Williams Stock? SHW Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in The Sherwin-Williams Company:

The Sherwin-Williams Company operates through three segments, providing diversification and exposure to different markets within the paint and coatings industry.
Strong brand recognition and reputation in the market, leading to customer loyalty and potential for consistent revenue streams.
Continued focus on innovation and product development to meet evolving customer needs and stay competitive in the industry.
Expansion into international markets, particularly in Europe and Asia, offering growth opportunities beyond the domestic market.
Current stock price of The Sherwin-Williams Company shows resilience and potential for growth, making it an attractive investment option.

Cons

Investors should be bearish about investing in The Sherwin-Williams Company for these reasons:

Dependency on the construction industry, which can be cyclical and susceptible to economic downturns, impacting demand for paints and coatings.
Competitive market landscape with other major players in the industry, leading to pricing pressures and potential margin squeezes.
Exposure to raw material price fluctuations, especially in specialty chemicals, affecting production costs and profitability.
Regulatory challenges related to environmental standards and compliance, which could increase operational costs and impact business operations.
Potential impact of global economic conditions on international expansion efforts, introducing risks related to currency fluctuations and geopolitical uncertainties.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Sherwin-Williams pros and cons to contact@marketbeat.com.

SHW Stock Analysis - Frequently Asked Questions

Should I buy or sell Sherwin-Williams stock right now?: 19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sherwin-Williams in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SHW shares.
View SHW analyst ratings or view top-rated stocks.
What is Sherwin-Williams' stock price target for 2024?: 19 brokers have issued 12-month price targets for Sherwin-Williams' shares. Their SHW share price targets range from $249.00 to $402.00. On average, they expect the company's stock price to reach $325.94 in the next year. This suggests a possible upside of 4.8% from the stock's current price.
View analysts price targets for SHW or view top-rated stocks among Wall Street analysts.
How have SHW shares performed in 2024?: Sherwin-Williams' stock was trading at $311.90 at the start of the year. Since then, SHW shares have decreased by 0.3% and is now trading at $311.10.
View the best growth stocks for 2024 here.
When is Sherwin-Williams' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our SHW earnings forecast.
How can I listen to Sherwin-Williams' earnings call?: Sherwin-Williams will be holding an earnings conference call on Tuesday, April 23rd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Sherwin-Williams' earnings last quarter?: The Sherwin-Williams Company (NYSE:SHW) posted its quarterly earnings data on Thursday, January, 25th. The specialty chemicals company reported $1.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.80 by $0.01. The specialty chemicals company earned $5.25 billion during the quarter, compared to analyst estimates of $5.23 billion. Sherwin-Williams had a net margin of 10.36% and a trailing twelve-month return on equity of 74.72%. The business's revenue was up .4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.89 earnings per share.
Read the conference call transcript.
How often does Sherwin-Williams pay dividends? What is the dividend yield for Sherwin-Williams?: Sherwin-Williams declared a quarterly dividend on Wednesday, February 14th. Stockholders of record on Monday, February 26th will be paid a dividend of $0.715 per share on Friday, March 8th. This represents a $2.86 annualized dividend and a dividend yield of 0.92%. The ex-dividend date of this dividend is Friday, February 23rd. This is a positive change from the stock's previous quarterly dividend of $0.61.
Read our dividend analysis for SHW.
Is Sherwin-Williams a good dividend stock?: Sherwin-Williams (NYSE:SHW) pays an annual dividend of $2.86 per share and currently has a dividend yield of 0.90%. The company has been increasing its dividend for 47 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 30.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SHW will have a dividend payout ratio of 22.40% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SHW.

What ETFs hold Sherwin-Williams' stock?: ETFs with the largest weight of Sherwin-Williams (NYSE:SHW) stock in their portfolio include Materials Select Sector SPDR Fund (XLB), Vanguard Materials ETF (VAW), Fidelity MSCI Materials Index ETF (FMAT), ProShares Ultra Materials (UYM), ProShares Smart Materials ETF (TINT), iShares U.S. Home Construction ETF (ITB), Natixis Vaughan Nelson Select ETF (VNSE) and Invesco S&P 500 Equal Weight Materials ETF (RSPM).
When did Sherwin-Williams' stock split?: Sherwin-Williams shares split on the morning of Thursday, April 1st 2021. The 3-1 split was announced on Wednesday, February 3rd 2021. The newly created 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.
What guidance has Sherwin-Williams issued on next quarter's earnings?: Sherwin-Williams issued an update on its FY 2024 earnings guidance on Friday, January, 26th. The company provided earnings per share (EPS) guidance of 10.850-11.350 for the period, compared to the consensus earnings per share estimate of 11.330. The company issued revenue guidance of -.
What is John Morikis' approval rating as Sherwin-Williams' CEO?: 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.
What other stocks do shareholders of Sherwin-Williams own?: 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).
Who are Sherwin-Williams' major shareholders?: Sherwin-Williams' stock is owned by a number of institutional and retail investors. Top institutional investors include Congress Asset Management Co. MA (0.15%), Confluence Investment Management LLC (0.03%), AMF Tjanstepension AB (0.02%), Czech National Bank (0.02%), Dynamic Advisor Solutions LLC (0.02%) and Bath Savings Trust Co (0.01%). Insiders that own company stock include Allen J Mistysyn, Allen J Mistysyn, Brian E Padden, Bryan J Young, Gregory P Sofish, Heidi G Petz, Jane M Cronin, John G Morikis, Joseph F Sladek, Justin T Binns, Justin T Binns, Karl J Jorgenrud, Mary L Garceau, Peter J Ippolito, Thomas P Gilligan and Todd D Rea.
View institutional ownership trends.
How do I buy shares of Sherwin-Williams?: Shares of SHW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Sherwin-Williams have any subsidiaries?: The following companies are subsidiares of Sherwin-Williams: Acquire Sourcing LLC, CTS National Corporation, Comex North America Inc., Compania Sherwin-Williams S.A. de C.V., Contract Transportation Systems Co., Dongguan Lilly Paint Industries Ltd, Duron, EPS (Shanghai) Trading Co. Ltd., EPS B.V., Geocel Holdings, Gross & Perthun, Guangdong Valspar Paints Manufacturing Co Ltd., ICA Group, Inver East Med S.A., Inver France SAS, Inver GmbH, Inver Industrial Coating SRL, Inver Polska Spólka Z O.O, Inver Spa, Invercolor Bologna Srl, Invercolor Ltd, Invercolor Roma Srl, Invercolor Torino Srl, Invercolor Toscana Srl, Isocoat Tintas e Vernizes Ltda, Isva Vernici Srl, Leighs Paints, M.A. Bruder & Sons, Omega Specialty Products & Services LLC, Oy Sherwin-Williams Finland Ab, PT Sherwin-Williams Indonesia, PT Valspar Indonesia, Paint Sundry Brands, Pinturas Condor S.A., Pinturas Industriales S.A., Piton Paints Limited, Plasti-Kote Co. Inc., Plasti-kote Limited, Productos Quimicos y Pinturas S.A. de C.V., Quest Automotive Products UK Limited, Quetzal Pinturas S.A. de C.V., Ronseal (Ireland) Limited, SWIMC LLC, SWIPCO – Sherwin Williams do Brasil Propriedade Intelectual Ltda, Sherwin Williams Colombia S.A.S., Sherwin-Williams (Australia) Pty. Ltd., Sherwin-Williams (Belize) Limited, Sherwin-Williams (Caribbean) N.V., Sherwin-Williams (Ireland) Limited, Sherwin-Williams (Malaysia) Sdn. Bhd., Sherwin-Williams (Nantong) Coatings Technology Co. Ltd., Sherwin-Williams (Nantong) Company Limited, Sherwin-Williams (Shanghai) Limited, Sherwin-Williams (Thailand) Co. Ltd., Sherwin-Williams (Vietnam) Limited, Sherwin-Williams (West Indies) Limited, Sherwin-Williams Argentina I.y C.S.A., Sherwin-Williams Aruba VBA, Sherwin-Williams Balkan S.R.L., Sherwin-Williams Bel Unitary Enterprise, Sherwin-Williams Benelux NV, Sherwin-Williams Canada Inc., Sherwin-Williams Cayman Islands Limited, Sherwin-Williams Chile S.A., Sherwin-Williams Coatings India Private Limited, Sherwin-Williams Coatings S.a r.l., Sherwin-Williams Czech Republic spol. s r.o, Sherwin-Williams Denmark A/S, Sherwin-Williams Deutschland GmbH, Sherwin-Williams France Finishes SAS, Sherwin-Williams Italy S.r.l., Sherwin-Williams Norway AS, Sherwin-Williams Paints Limited Liability Company, Sherwin-Williams Peru S.R.L., Sherwin-Williams Pinturas de Venezuela S.A., Sherwin-Williams Poland Sp. z o.o, Sherwin-Williams Protective & Marine Coatings, Sherwin-Williams Realty Holdings Inc., Sherwin-Williams Services (Malaysia) Sdn. Bhd., Sherwin-Williams Spain Coatings S.L., Sherwin-Williams Sweden AB, Sherwin-Williams UK Coatings Limited, Sherwin-Williams UK Limited, Sherwin-Williams do Brasil Industria e Comercio Ltda., Southland Paint Company, Spanyc Paints Joint Stock Company, Specialized Industrial Coatings Holding, Specialty Polymers Inc., Syntema I Vaggeryd AB, Taiwan Valspar Co. Ltd., The Sherwin-Williams Acceptance Corporation, The Sherwin-Williams Headquarters Company, The Sherwin-Williams Manufacturing Company, The Sherwin-Williams US Licensing Company, The Valspar (Asia) Corporation Limited, The Valspar (Australia) Corporation Pty. Ltd., The Valspar (Finland) Corporation Oy, The Valspar (France) Corporation S.A.S., The Valspar (France) Research Corporation SAS, The Valspar (Malaysia) Corporation Sdn Bhd, The Valspar (Nantes) Corporation S.A.S., The Valspar (Singapore) Corporation Pte. Ltd, The Valspar (South Africa) Corporation (Pty) Ltd, The Valspar (Switzerland) Corporation AG, The Valspar (Thailand) Corporation Ltd., The Valspar (UK) Corporation Limited, The Valspar (Vietnam) Corporation Ltd., The Valspar Corporation, The Valspar Corporation Limitada, UAB Sherwin-Williams Baltic, Valspar (India) Coatings Corporation Private Limited, Valspar (Shanghai) Management Co. Ltd., Valspar (Uruguay) Corporation S.A., Valspar (WPC) Pty Ltd, Valspar Aries Coatings S. de R.L. de C.V., Valspar Automotive (UK) Corporation Limited, Valspar Automotive Australia Pty Limited, Valspar B.V., Valspar Coatings (Guangdong) Co. Ltd., Valspar Coatings (Shanghai) Co. Ltd., Valspar Coatings (Tianjin) Co. Ltd, Valspar D.o.o Beograd, Valspar Industries (Ireland) Ltd., Valspar Industries (Italy) S.r.l., Valspar Industries GmbH, Valspar LLC, Valspar Mexicana S.A. de C.V., Valspar Powder Coatings Limited, Valspar Rock Company Limited (Japan), Valspar Specialty Paints LLC, and ZAO Sherwin-Williams.
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This page (NYSE:SHW) was last updated on 4/16/2024 by MarketBeat.com Staff

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

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