The Sherwin-Williams Company (SHW), headquartered in Cleveland, Ohio, is a global leader in the coatings and paint industry, delivering innovative and high-quality solutions to customers worldwide. With a market cap of $97 billion, Sherwin-Williams is pivotal in advancing eco-friendly technologies and empowering communities and businesses to enhance their environments while reducing their ecological footprint.
Companies with a market value of $10 billion or more are classified as “large-cap stocks,” and the Sherwin-Williams Company comfortably fits into this category. This distinction underscores its position as a dominant force in the coatings and paint industry, reflecting its substantial size, influence, and leadership.
Despite a 3.8% decline from its 52-week high of $400.42 reached on Nov. 27, SHW stock has gained 7% over the past three months, surpassing the Materials Select Sector SPDR Fund’s (XLB) 1.4% gain over the same time frame.
SHW has delivered a strong YTD gain of 23.5%, outperforming XLB's 7.9% return. Over the past 52 weeks, SHW's 36.1% gains have notably exceeded XLB's 13.6% surge.
SHW has maintained a bullish trend, consistently trading above its 50-day moving average since late November and staying above its 200-day moving average since early July.
Shares of Sherwin-Williams rose over 4% after S&P Dow Jones Indices announced that the stock would replace Dow Inc. (DOW) in the Dow Jones Industrial Average, effective Nov. 8.
On Oct. 22, Sherwin-Williams reported its Q3 earnings, and the stock dipped 5.3%. The company posted quarterly revenue of $6.16 billion, meeting Wall Street expectations but remaining flat year-over-year. Adjusted EPS fell short of consensus estimates by 4.8%, coming in at $3.37. Similarly, EBITDA of $1.28 billion missed expectations by 6.1%.
SHW has outpaced its rival PPG Industries, Inc.’s (PPG) 16.1% decline on a YTD basis and a 12% drop over the past 52 weeks.
Since SHW has outperformed the broader market, analysts remain moderately optimistic about its prospects. SHW has a consensus rating of “Moderate Buy” from the 24 analysts covering the stock and has a mean price target of $394.45, suggesting a potential upside of 2.4% from its current price.
On the date of publication, Rashmi Kumari did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. More news from Barchart- 3 Overlooked Dividend Stocks for High Yields in 2025
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