In the latest trading session, 1.41 million Sherwin-Williams Co. (NYSE:SHW) shares changed hands as the company’s beta touched 1.17. With the company’s most recent per share price at $368.74 changed hands at -$13.01 or -3.41% at last look, the market valuation stands at $93.02B. SHW’s current price is a discount, trading about -6.46% off its 52-week high of $392.57. The share price had its 52-week low at $232.06, which suggests the last value was 37.07% up since then. When we look at Sherwin-Williams Co.’s average trading volume, we note the 10-day average is 1.01 million shares, with the 3-month average coming to 1.40 million.

Analysts gave the Sherwin-Williams Co. (SHW) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.10. If we narrow down to specifics, the data shows that 1 out of 19 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended SHW as a Hold, 15 felt it is a Buy and 0 rated the stock as Underweight.

Sherwin-Williams Co. (NYSE:SHW) trade information

Instantly SHW was in red as seen in intraday trades today. With action -5.10%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 18.22%, with the 5-day performance at -5.10% in the red. However, in the 30-day time frame, Sherwin-Williams Co. (NYSE:SHW) is -3.44% down. Looking at the short shares, we see there were 2.41 million shares sold at short interest cover period of 1.91 days.

The consensus price target for the stock as assigned by Wall Street analysts is 348, meaning bulls need a downside of -5.96% from its recent market value. According to analyst projections, SHW’s forecast low is 220 with 445 as the target high. To hit the forecast high, the stock’s price needs a -20.68% plunge from its current level, while the stock would need to tank 40.34% for it to hit the projected low.

Sherwin-Williams Co. (SHW) estimates and forecasts

Data shows that the Sherwin-Williams Co. share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 21.95% over the past 6 months, a 11.11% in annual growth rate that is considerably lower than the industry average of 13.80%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 18.91%. The 2024 estimates are for Sherwin-Williams Co. earnings to increase by 11.23%, but the outlook for the next 5-year period is at 10.00% per year.

SHW Dividends

Sherwin-Williams Co. is expected to release its next quarterly earnings report on 2024-Oct-22. The 0.75% annual yield figure for the share gives it an annual dividend of 2.75. It is important to note, however, that the 0.75% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 0.84 per year.

Sherwin-Williams Co. (NYSE:SHW)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 7.86% of Sherwin-Williams Co. shares while 79.99% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 86.82%. There are 79.99% institutions holding the Sherwin-Williams Co. stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 8.67% of the shares, roughly 21.89 million SHW shares worth $6.53 billion.

BLACKROCK INC. holds the second largest percentage of outstanding shares, with 6.7218% or 16.97 million shares worth $5.07 billion as of 2024-06-30.