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

Sherwin-Williams (NYSE:SHW - Get Free Report) posted its quarterly earnings data on Thursday. The specialty chemicals company reported $2.09 earnings per share for the quarter, topping the consensus estimate of $2.07 by $0.02, Zacks reports. Sherwin-Williams had a return on equity of 74.50% and a net margin of 11.61%. During the same quarter in the previous year, the company earned $1.81 earnings per share. Sherwin-Williams updated its FY 2025 guidance to 11.650-12.050 EPS.

Sherwin-Williams Stock Performance

Shares of Sherwin-Williams stock traded down $0.26 on Monday, hitting $357.90. The stock had a trading volume of 1,103,625 shares, compared to its average volume of 1,647,682. The stock has a market cap of $90.14 billion, a price-to-earnings ratio of 33.92, a price-to-earnings-growth ratio of 2.86 and a beta of 1.22. The business's 50 day moving average is $359.64 and its two-hundred day moving average is $363.86. The company has a quick ratio of 0.46, a current ratio of 0.79 and a debt-to-equity ratio of 2.02. Sherwin-Williams has a twelve month low of $282.09 and a twelve month high of $400.42.

Analyst Ratings Changes

A number of analysts have recently issued reports on SHW shares. Citigroup lowered their price objective on shares of Sherwin-Williams from $430.00 to $420.00 and set a "buy" rating on the stock in a report on Thursday, October 24th. Evercore ISI boosted their price target on shares of Sherwin-Williams from $400.00 to $420.00 and gave the stock an "outperform" rating in a research report on Thursday, November 7th. StockNews.com cut Sherwin-Williams from a "buy" rating to a "hold" rating in a report on Thursday, November 28th. UBS Group reiterated an "underperform" rating on shares of Sherwin-Williams in a report on Friday, October 18th. Finally, Royal Bank of Canada dropped their price objective on Sherwin-Williams from $438.00 to $415.00 and set an "outperform" rating on the stock in a research note on Monday. One analyst has rated the stock with a sell rating, six have given a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Sherwin-Williams has an average rating of "Moderate Buy" and a consensus target price of $400.00.

Insider Activity at Sherwin-Williams

In related news, SVP Gregory P. Sofish sold 2,565 shares of the stock in a transaction that occurred 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 sale, the senior vice president now owns 6,329 shares in the company, valued at approximately $2,396,349.27. This trade represents a 28.84 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Mary L. Garceau sold 15,770 shares of the company's stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $397.92, for a total value of $6,275,198.40. Following the sale, the senior vice president now owns 29,205 shares of the company's stock, valued at $11,621,253.60. The trade was a 35.06 % 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 corporate insiders.

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.