Sherwin-Williams (NYSE:SHW) Issues Earnings Results, Beats Expectations By $0.02 EPS

Sherwin-Williams (NYSE:SHW) announced its quarterly earnings data on Thursday. The specialty chemicals company reported $2.09 earnings per share for the quarter, beating the consensus estimate 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 period in the previous year, the firm posted $1.81 earnings per share. Sherwin-Williams updated its FY 2025 guidance to 11.650-12.050 EPS.

Sherwin-Williams Stock Performance

NYSE SHW opened at $365.83 on Friday. The stock has a fifty day simple moving average of $360.59 and a 200 day simple moving average of $363.04. Sherwin-Williams has a twelve month low of $282.09 and a twelve month high of $400.42. The company has a market capitalization of $92.13 billion, a price-to-earnings ratio of 36.44, a PEG ratio of 2.82 and a beta of 1.22. The company has a quick ratio of 0.51, a current ratio of 0.83 and a debt-to-equity ratio of 1.97.

Analysts Set New Price Targets

A number of research firms recently commented on SHW. Evercore ISI boosted their price target on Sherwin-Williams from $400.00 to $420.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Royal Bank of Canada cut their price target on shares of Sherwin-Williams from $455.00 to $446.00 and set an “outperform” rating for the company in a report on Thursday, October 24th. Morgan Stanley decreased their price objective on shares of Sherwin-Williams from $450.00 to $405.00 and set an “overweight” rating on the stock in a research note on Tuesday. Wells Fargo & Company upped their target price on Sherwin-Williams from $350.00 to $400.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 15th. Finally, StockNews.com cut Sherwin-Williams from a “buy” rating to a “hold” rating in a report on Thursday, November 28th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $400.65.

Insider Activity

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

Sherwin-Williams Company Profile

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.