Citigroup Reiterates Buy Rating on The Sherwin-Williams Company
Citigroup maintains its buy rating for Sherwin-Williams with a $380 price target, a 10.44% upside from the current price.
Key Points
- Citigroup reiterated its buy rating on The Sherwin-Williams Company (NYSE:SHW) with a $380 price target on June 24, 2026.
- Citigroup's $380 price target implies 10.44% upside from The Sherwin-Williams Company's ($SHW) current $344.07 share price.
- Sherwin-Williams shares traded at $335.45 on Thursday, with a market cap of $78.16 billion and a P/E ratio of 30.38.
- Insiders at Sherwin-Williams have been active, with several buying shares in recent months.
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Citigroup reiterated its buy rating on The Sherwin-Williams Company (NYSE:SHW) on June 24, 2026. Analyst Patrick Cunningham set a price target of $380, maintaining a positive outlook on the specialty chemicals giant.
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The Sherwin-Williams Company Stock Down 0.2%
Shares of NYSE:SHW traded near $335.45 on Thursday. The company, which is a leader in the specialty chemicals sector, boasts a market cap of $78.16 billion. It has a P/E ratio of 30.38 and a forward P/E of 23.93. Sherwin-Williams has experienced a 52-week low of $289.86 and a high of $379.65. The stock's 50-day moving average is $317.03, while its 200-day moving average is $334.77. In terms of financial health, the company has a current ratio of 0.863 and a quick ratio of 0.468, with a debt-to-equity ratio of 329.52.
$SHW price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
Sherwin-Williams reported revenue of $23.94 billion, reflecting a growth of 6.8%. The company's net margin stands at 10.86%, with a return on equity of 60.72%. Earnings per share (EPS) came in at $10.43. The next earnings release is scheduled for July 21, 2026.
Dividend
Sherwin-Williams pays an annual dividend rate of $3.20, yielding 1.0% with a payout ratio of 30.45%. This provides shareholders with a steady income stream while the company continues to invest in growth.
Insider Buying and Selling at The Sherwin-Williams Company
Recent insider activity at Sherwin-Williams includes multiple purchases on April 6, 2026, by Kerrii Anderson, Robert James Gamgort, Thomas Williams, and Michael Thaman, each acquiring shares at an average price of $315.50. Additionally, Bryan Young, Senior Vice President of Corporate Strategy & Development, sold 2,513 shares at $364.47 on February 24, 2026.
Analysts Set New Price Targets
On June 24, 2026, Citigroup maintained a buy rating on Sherwin-Williams with a $380 price target. Other analysts have also shown interest, with Evercore ISI Group maintaining a buy rating and setting a target of $400 on May 8, 2026. The consensus among 20 analysts is a buy recommendation, with an average target price of $372.95.
About The Sherwin-Williams Company
The Sherwin-Williams Company, headquartered in Cleveland, Ohio, is a global leader in the development, manufacture, and sale of paints, coatings, and related products. With over 64,000 employees, the company operates through its Paint Stores Group, Consumer Brands Group, and Performance Coatings Group. Sherwin-Williams serves a wide range of customers, including professional, industrial, commercial, and retail clients across North America, South America, Europe, Asia, and Australia.
Bottom Line
Citigroup's reaffirmation of a buy rating for Sherwin-Williams underscores the firm's confidence in the company's growth prospects. Investors closely watch analyst ratings for insights into potential stock performance. However, it's important to remember that these ratings are based on past data and market conditions, which can change.
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