Sherwin-Williams (NYSE:SHW) Updates FY 2026 Earnings Guidance

Sherwin-Williams (NYSE:SHW) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 11.800-12.200 for the period, compared to the consensus EPS estimate of 11.740. The company issued revenue guidance of -.

Sherwin-Williams Stock Performance

Shares of NYSE SHW traded down $14.55 during midday trading on Wednesday, reaching $339.72. The company’s stock had a trading volume of 482,181 shares, compared to its average volume of 2,032,017. The firm has a 50 day moving average price of $322.33 and a 200-day moving average price of $332.29. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.86 and a quick ratio of 0.53. Sherwin-Williams has a 12-month low of $289.86 and a 12-month high of $379.65. The stock has a market capitalization of $83.79 billion, a P/E ratio of 32.59, a PEG ratio of 2.54 and a beta of 1.10.

Sherwin-Williams (NYSE:SHW) last posted its quarterly earnings data on Tuesday, July 28th. The specialty chemicals company reported $3.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.52 by $0.18. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The company had revenue of $6.79 billion during the quarter, compared to the consensus estimate of $6.60 billion. During the same period in the previous year, the firm posted $3.38 EPS. The firm’s revenue was up 7.5% compared to the same quarter last year. Sherwin-Williams has set its FY 2026 guidance at 11.800-12.200 EPS. As a group, equities analysts predict that Sherwin-Williams will post 11.78 earnings per share for the current year.

Sherwin-Williams Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 21st will be paid a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Friday, August 21st. Sherwin-Williams’s dividend payout ratio (DPR) is currently 30.71%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on SHW shares. Evercore reaffirmed an “outperform” rating on shares of Sherwin-Williams in a research report on Friday, May 8th. Royal Bank Of Canada reissued an “outperform” rating and set a $405.00 target price (up from $391.00) on shares of Sherwin-Williams in a research note on Wednesday, July 8th. JPMorgan Chase & Co. reduced their price objective on shares of Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. Citigroup reaffirmed a “buy” rating on shares of Sherwin-Williams in a report on Wednesday. Finally, UBS Group reaffirmed a “neutral” rating on shares of Sherwin-Williams in a report on Wednesday. Eight research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $376.57.

Sherwin-Williams News Summary

Here are the key news stories impacting Sherwin-Williams this week:

• Positive Sentiment: Q2 results exceeded expectations. Revenue rose 7.5% year over year to $6.79 billion, above the $6.60 billion consensus estimate, while adjusted EPS was $3.70 versus expectations of $3.52. Net income increased 11.8% to $843.6 million. Sherwin-Williams second-quarter financial results
• Positive Sentiment: Management raised its 2026 forecast. Sherwin-Williams now expects adjusted EPS of $11.80-$12.20, above the roughly $11.74 analyst consensus, and projects full-year sales growth in the mid- to high-single-digit range, up from its previous low- to mid-single-digit outlook. Sherwin-Williams lifts outlook
• Positive Sentiment: Growth was broad-based. Paint Stores Group sales increased 5.1%, Performance Coatings rose 6.3%, and Consumer Brands climbed 21.5%, helped by the Suvinil acquisition. Same-store sales in the Paint Stores Group grew 4.2%. The company also cited an approximately 8% price increase as a key driver of the improved outlook. SHW Q2 deep dive
• Positive Sentiment: Shareholder returns remain supportive. Sherwin-Williams returned $2.23 billion through dividends and repurchases during the first half of 2026, reinforcing the investment case for income-focused shareholders. Sherwin-Williams dividend signals
• Negative Sentiment: Demand remains a concern. Management said there has been no meaningful improvement in demand, meaning much of the current growth is dependent on pricing, share gains and execution. Raw-material inflation also pressured gross margins and could limit further earnings upside.

Institutional Trading of Sherwin-Williams

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Viking Global Investors LP increased its position in Sherwin-Williams by 10.1% in the fourth quarter. Viking Global Investors LP now owns 3,172,308 shares of the specialty chemicals company’s stock worth $1,027,923,000 after buying an additional 291,217 shares during the period. Northern Trust Corp increased its stake in shares of Sherwin-Williams by 0.7% in the third quarter. Northern Trust Corp now owns 2,630,826 shares of the specialty chemicals company’s stock worth $910,950,000 after acquiring an additional 17,180 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Sherwin-Williams by 34.0% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,023,949 shares of the specialty chemicals company’s stock valued at $655,820,000 after purchasing an additional 513,126 shares during the last quarter. Amundi boosted its holdings in Sherwin-Williams by 14.0% during the third quarter. Amundi now owns 1,897,769 shares of the specialty chemicals company’s stock valued at $639,377,000 after acquiring an additional 232,436 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Sherwin-Williams by 1.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,669,993 shares of the specialty chemicals company’s stock valued at $541,128,000 after buying an additional 30,976 shares during the last quarter. Institutional investors own 77.67% of the company’s stock.

About Sherwin-Williams

Sherwin-Williams (NYSE: SHW) is a global manufacturer and distributor of paints, coatings and related products. Founded in 1866 and headquartered in Cleveland, Ohio, the company supplies a broad range of coatings for residential, commercial and industrial applications. Its product offering includes architectural paints and stains, industrial and protective coatings, automotive finishes, and a variety of sundry products such as primers, sealants and specialty treatments used by professionals and consumers.

The company sells through multiple channels, including a large network of company-operated retail paint stores that serve professional contractors and do-it-yourself consumers, as well as through distributors and mass retailers.