Seaport Res Ptn Expects Lower Earnings for Sherwin-Williams

The Sherwin-Williams Company (NYSE:SHW) – Equities researchers at Seaport Res Ptn cut their Q1 2025 earnings per share estimates for Sherwin-Williams in a research note issued to investors on Monday, April 21st. Seaport Res Ptn analyst M. Harrison now anticipates that the specialty chemicals company will post earnings per share of $2.07 for the quarter, down from their previous estimate of $2.15. The consensus estimate for Sherwin-Williams’ current full-year earnings is $12.00 per share. Seaport Res Ptn also issued estimates for Sherwin-Williams’ Q2 2025 earnings at $3.77 EPS, Q3 2025 earnings at $3.68 EPS, FY2025 earnings at $11.80 EPS and FY2026 earnings at $13.26 EPS.

Sherwin-Williams (NYSE:SHW) last issued its quarterly earnings data on Thursday, January 30th. The specialty chemicals company reported $2.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.07 by $0.02. Sherwin-Williams had a net margin of 11.61% and a return on equity of 74.50%. During the same quarter last year, the business earned $1.81 EPS.

A number of other equities analysts also recently issued reports on SHW. Barclays reduced their price target on Sherwin-Williams from $385.00 to $355.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 1st. Robert W. Baird set a $370.00 price objective on shares of Sherwin-Williams in a research note on Friday, January 31st. Jefferies Financial Group reissued a “hold” rating and issued a $380.00 price objective (down previously from $423.00) on shares of Sherwin-Williams in a report on Monday, March 10th. Berenberg Bank raised shares of Sherwin-Williams from a “hold” rating to a “buy” rating and increased their price target for the stock from $321.00 to $420.00 in a report on Friday, January 24th. Finally, Wells Fargo & Company dropped their price objective on Sherwin-Williams from $380.00 to $350.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 9th. Six research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $391.25.

Sherwin-Williams Stock Performance

SHW stock opened at $331.40 on Wednesday. Sherwin-Williams has a one year low of $282.09 and a one year high of $400.42. The firm has a 50-day simple moving average of $343.03 and a two-hundred day simple moving average of $357.95. The company has a debt-to-equity ratio of 2.02, a quick ratio of 0.46 and a current ratio of 0.79. The firm has a market cap of $83.35 billion, a price-to-earnings ratio of 31.41, a PEG ratio of 2.98 and a beta of 1.26.

Sherwin-Williams Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Friday, May 16th will be issued a $0.79 dividend. This represents a $3.16 dividend on an annualized basis and a dividend yield of 0.95%. The ex-dividend date is Friday, May 16th. Sherwin-Williams’s dividend payout ratio is currently 29.95%.

Insider Activity

In other news, insider Colin M. Davie sold 2,799 shares of the business’s stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $360.30, for a total value of $1,008,479.70. Following the sale, the insider now directly owns 5,365 shares of the company’s stock, valued at approximately $1,933,009.50. The trade was a 34.28 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.60% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Midwest Capital Advisors LLC acquired a new stake in shares of Sherwin-Williams in the fourth quarter valued at $26,000. Park Square Financial Group LLC purchased a new stake in shares of Sherwin-Williams in the fourth quarter valued at about $27,000. Perkins Coie Trust Co purchased a new position in shares of Sherwin-Williams in the 1st quarter valued at approximately $27,000. Lee Danner & Bass Inc. acquired a new stake in shares of Sherwin-Williams in the 4th quarter worth $28,000. Finally, Sierra Ocean LLC purchased a new stake in Sherwin-Williams in the 4th quarter valued at approximately $36,000. 77.67% of the stock is currently owned by hedge funds and other 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.