Sherwin-Williams Co (NYSE: SHW) is -0.70% lower on its value in year-to-date trading and has touched a low of $282.09 and a high of $400.42 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SHW stock was last observed hovering at around $334.40 in the last trading session, with the day’s gains setting it 3.14%.
Currently trading at $337.54, the stock is -3.25% and -8.39% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.4 million and changing 0.94% at the moment leaves the stock -1.84% off its SMA200. SHW registered 12.71% gain for a year compared to 6-month gain of 10.53%. The firm has a 50-day simple moving average (SMA 50) of $368.4334 and a 200-day simple moving average (SMA200) of $343.8502.
The stock witnessed a -12.32% loss in the last 1 month and extending the period to 3 months gives it a -9.60%, and is -0.70% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.26% over the week and 1.90% over the month.
Sherwin-Williams Co (SHW) has around 64088 employees, a market worth around $85.01B and $23.05B in sales. Current P/E ratio is 33.63 and Fwd P/E is 26.57. Profit margin for the company is 11.09%. Distance from 52-week low is 19.66% and -15.70% from its 52-week high. The company has generated returns on investments over the last 12 months (18.50%).
The EPS is expected to grow by 9.30% this year
2147.0 institutions hold shares in Sherwin-Williams Co (SHW), with institutional investors hold 86.66% of the company’s shares. The shares outstanding are 251.90M, and float is at 231.44M with Short Float at 2.37%. Institutions hold 79.85% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 21.89 million shares valued at $6.53 billion. The investor’s holdings represent 8.67 of the SHW Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 16.97 million shares valued at $5.07 billion to account for 6.7218 of the shares outstanding. The other top investors are STATE STREET CORP which holds 10.09 million shares representing 3.9952 and valued at over $3.01 billion, while MORGAN STANLEY holds 2.9417 of the shares totaling 7.43 million with a market value of $2.22 billion.
Sherwin-Williams Co (SHW) Insider Activity
The most recent transaction is an insider sale by GARCEAU MARY L, the company’s SVP – CLO and Secretary. SEC filings show that GARCEAU MARY L sold 15,770 shares of the company’s common stock on Nov 26 ’24 at a price of $397.92 per share for a total of $6.28 million. Following the sale, the insider now owns 29205.0 shares.
Sherwin-Williams Co disclosed in a document filed with the SEC on Nov 25 ’24 that CRONIN JANE M. (SVP – Enterprise Finance) sold a total of 5,161 shares of the company’s common stock. The trade occurred on Nov 25 ’24 and was made at $398.06 per share for $2.05 million. Following the transaction, the insider now directly holds 16816.0 shares of the SHW stock.
Still, SEC filings show that on Nov 26 ’24, GARCEAU MARY L (Officer) Proposed Sale 15,770 shares at an average price of $397.92 for $6.28 million. The insider now directly holds shares of Sherwin-Williams Co (SHW).
