Sherwin-Williams (NYSE:SHW) Announces Quarterly Earnings Results

Sherwin-Williams (NYSE:SHW) issued its quarterly earnings results on Thursday. The specialty chemicals company reported $2.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.07 by $0.02, Zacks reports. Sherwin-Williams had a return on equity of 74.45% and a net margin of 11.09%. During the same quarter in the prior year, the firm earned $1.81 EPS. Sherwin-Williams updated its FY 2025 guidance to 11.650-12.050 EPS.

Sherwin-Williams Stock Performance

NYSE:SHW traded up $2.38 during midday trading on Thursday, reaching $362.79. The stock had a trading volume of 1,070,241 shares, compared to its average volume of 1,524,417. The stock has a market cap of $91.37 billion, a P/E ratio of 36.06, a P/E/G ratio of 2.78 and a beta of 1.22. Sherwin-Williams has a 12-month low of $282.09 and a 12-month high of $400.42. The firm has a fifty day simple moving average of $360.59 and a two-hundred day simple moving average of $363.04. The company has a quick ratio of 0.51, a current ratio of 0.83 and a debt-to-equity ratio of 1.97.

Analyst Upgrades and Downgrades

Several brokerages recently commented on SHW. UBS Group reaffirmed an “underperform” rating on shares of Sherwin-Williams in a research report on Friday, October 18th. Barclays boosted their target price on shares of Sherwin-Williams from $355.00 to $370.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 23rd. Royal Bank of Canada lowered their target price on shares of Sherwin-Williams from $455.00 to $446.00 and set an “outperform” rating on the stock in a research note on Thursday, October 24th. Morgan Stanley reduced their price objective on Sherwin-Williams from $450.00 to $405.00 and set an “overweight” rating for the company in a research note on Tuesday. Finally, Zelman & Associates raised shares of Sherwin-Williams to a “strong-buy” rating in a report on Friday, January 17th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Sherwin-Williams has an average rating of “Moderate Buy” and a consensus target price of $400.65.

Insiders Place Their Bets

In other Sherwin-Williams news, SVP Mary L. Garceau sold 15,770 shares of Sherwin-Williams stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $397.92, for a total value of $6,275,198.40. Following the transaction, the senior vice president now owns 29,205 shares in the company, valued at $11,621,253.60. This trade represents a 35.06 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Gregory P. Sofish sold 2,565 shares of the company’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $378.63, for a total value of $971,185.95. Following the sale, the senior vice president now owns 6,329 shares of the company’s stock, valued at approximately $2,396,349.27. The trade was a 28.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.60% of the stock is currently owned by company insiders.

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.