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Sherwin-Williams Company (The)NYSE: SHW

Materials · Specialty Chemicals

$321.36

+2.41%

Vol: 2.2M

Research Digest

Friday, June 19, 2026

Neutral

No significant overnight updates

No material news in the last 48 hours.

Price 50d 200d

Previous Market Intelligence

13 days
Jun 18No significant overnight updatesNeutral

No material news in the last 48 hours.

Jun 17Sherwin-Williams hit with a new Sell recommendation on June 15 amid raw-material and housing concerns.Negative

On June 15, 2026, Sherwin-Williams received a fresh Sell recommendation, adding to a string of bearish analyst actions on the paint maker. This follows Berenberg lowering its price target to $380 from $400 on June 8, and on June 9 the company extended its long-term credit commitments to 2031. Analysts are cutting targets on concerns over elevated raw-material costs and a weak housing market, which pressure volume and margins. The stock has fallen roughly 11% over the past year and is seen as expensively valued. While Q1 revenue of $5.67 billion topped consensus and the company maintains a 47-year dividend-increase streak, the latest Sell call reinforces caution. The risk is that soft housing demand and input inflation continue to weigh on a richly valued stock.

Jun 16No significant overnight updatesNeutral

No material news in the last 48 hours.

Jun 15No significant overnight updatesNeutral

No material news in the last 48 hours.

Jun 14No significant overnight updatesNeutral

No material news in the last 48 hours. Only generic valuation and dividend-streak commentary surfaced, with no dated event inside the window.

May 21Sherwin-Williams named John Deere Indirect Global Supplier of the Year and Partner-level supplierPositive

On May 19, 2026, John Deere recognized Sherwin-Williams General Industrial as a Partner-level supplier for 2025 and named the company Indirect Global Supplier of the Year, reinforcing its position in industrial coatings. The recognition follows Q1 2026 net sales of $3.9B (+7% YoY) driven by higher volumes and pricing. Sherwin-Williams also recently introduced specialized coating systems and a Data Center Facility Guide targeted at AI-driven data center infrastructure. The new Cleveland global headquarters opened May 10. Despite the operational positives, shares are down ~7% over the past month, with Evercore ISI lifting its PT to $400 (Outperform) on May 8.

May 20Sherwin-Williams' share price remains under pressure despite Evercore ISI lifting its price target to $400 on May 8 and the company's new AI data-center coatings push.Mixed

Sherwin-Williams has lagged the tape over the past month, with shares down roughly 7% in 30 days and 15% over three months as concerns linger about end-market softness. Evercore ISI's Greg Melich raised the firm's price target on SHW to $400 from $390 on May 8, reiterating Outperform. Earlier in May, the company unveiled a Protective & Marine data-center coatings suite and Data Center Facility Guide aimed at AI-era thermal, power, and contamination risks, framing itself as a materials partner for repeatable data-center builds. Q1 2026 revenue of $5.7B and adjusted EPS of $2.35 both beat consensus, though shares fell ~3.5% post-print. Consensus is Moderate Buy across 25 analysts with an average target near $381.

May 19No significant overnight updatesNeutral

No material news in the last 48 hours.

May 18Sherwin-Williams stock continues weakness despite Evercore PT hike to $400, with shares down ~7% over the past month amid soft DIY demand.Mixed

Sherwin-Williams opened its new global headquarters in downtown Cleveland on May 10 with Governor Mike DeWine attending the ribbon cutting; JobsOhio committed $37.5M to the 1M sq ft campus including a 36-story office tower. The company reported Q1 2026 net sales of $3.9B, up 7% YoY, driven by volume and pricing actions, with Automotive Refinish sales up low-teens on high-single-digit volume gains; adjusted EPS of $2.35 beat estimates but shares fell 3.5% on the report. On May 8 Evercore ISI's Greg Melich raised its PT to $400 from $390 (Outperform). SHW declared a $0.80 cash dividend with ex-date May 22. Shares traded around $309.18 as of May 15, down about 7% over the past month and 15% over the past three months. The company is positioning toward AI data center coatings as a growth lever.

May 15Evercore ISI raised Sherwin-Williams price target to $400 from $390 amid focus on AI data-center coatings strategy.Mixed

Evercore ISI lifted its Sherwin-Williams price target to $400 from $390 on May 8, 2026, keeping a positive view tied to longer-duration contracts in AI data-center coatings. The company also opened its new $37.5M-backed global headquarters in downtown Cleveland with Ohio Governor DeWine attending the ribbon-cutting. SHW announced a $0.80 quarterly dividend going ex on May 22, continuing its 47-year increase streak. Stock has declined roughly 4.5% over the month amid prior Wells Fargo downgrade tied to rising raw-material costs from the Iran conflict. Analyst consensus is Buy with $375 target (~20% upside). Risk: paint demand and input cost inflation.

May 14Sherwin-Williams opens new $37.5M-supported Cleveland global headquarters as Evercore lifts price target to $400 amid recent share weaknessMixed

Ohio Governor Mike DeWine attended the May 10 ribbon-cutting for Sherwin-Williams' new global headquarters in downtown Cleveland, a one-million-square-foot campus including a 36-story office tower, backed by $37.5 million from JobsOhio. Evercore ISI raised the price target to $400 from $390 on May 8 following strong Q1 results ($5.67B sales, $998.2M EBITDA), though Wells Fargo downgraded the stock on volume pressure and raw material cost concerns. ITS Logistics announced an 11% freight utilization gain via a retail store delivery solution covering 56 million pounds across 400 locations. A $0.80 quarterly dividend is payable June 5. Shares are down about 7% over the past month and 15% over three months. The risk is end-market softness and rising raw material costs offsetting market share gains.

May 13Sherwin-Williams opens new 1M-square-foot Cleveland headquarters with Governor DeWine while shares slip on macro softness despite Evercore PT hike.Mixed

Sherwin-Williams celebrated the May 11-12 grand opening of its new 1 million sq ft downtown Cleveland headquarters - a 36-floor tower with Governor Mike DeWine attending the ribbon-cutting. Bensler LLC disclosed it cut its stake by 24,380 shares amid short interest rising 12.8% to 4.41M shares. The stock is down 1.97% week-over-week and 10.30% YoY as macro softness persists across most end markets, though Q1 sales of $5.67B and EBITDA of $998.2M exceeded internal guidance. Evercore ISI Greg Melich raised PT to $400 (Outperform) on May 8 citing continued market share gains.

May 12Sherwin-Williams opens new $750M, 36-story global headquarters in downtown Cleveland on May 11 with about 3,100 employees.Positive

Sherwin-Williams ceremoniously opened its new global headquarters in downtown Cleveland on May 11, 2026 with a ribbon-cutting attended by Governor DeWine. The $750M, 36-story Public Square tower is now Cleveland's fourth-tallest building and Ohio's sixth-tallest, housing about 3,100 employees. ITS Logistics announced that its retail store delivery solution increased SHW's freight utilization by 11%, delivering 56M pounds of freight to nearly 400 retail locations. Bensler LLC sold 24,380 shares amid short interest rising 12.8% to 4.41M shares. SHW recently reported strong Q1 2026 results with record EBITDA of $998.2M and net sales of $5.67B, completed a long-running buyback of 106.98M shares for $16.58B, and reaffirmed FY2026 EPS guidance of $11.50-$11.90. The next quarterly dividend of $0.80 has an ex-date of May 22.

Sector Peers

CompanyPriceDay1MFwd P/EBetaMkt Cap
SHWSHERWIN$321.36+2.41%+5.8%26.6x1.10$86.9B
ECLECOLAB$269.94+0.33%+2.6%29.6x0.90$79.7B
PPGPPG$118.25+0.95%+3.6%14.4x1.04$27.9B
IFFINTL$76.96+1.19%+10.6%17.4x0.94$21.4B
DDDUPONT$47.82-0.28%+1.5%17.8x1.08$18.9B
LYBLYONDELLBASELL$59.94-3.03%-4.9%7.8x0.36$17.2B

Key Fundamentals

Market Cap$86.9B
P/E (TTM)33.9
Forward P/E26.6
Beta1.10
Div Yield91.00%
Prev Close$313.80

RSI (14-Day)

69Neutral
0305070100

52-Week Range

$289.86$321.36$379.65
From High-15.4%
From Low+10.9%

Moving Averages

50d SMA
$324.95-1.1%
200d SMA
$338.31-5.0%

Price below 200d MA — bearish structure.

Historical Returns

1W
-5.2%
1M
+2.8%
3M
-4.2%
6M
-4.6%
1Y
-9.6%
YTD
-1.8%

Volume

Today2.2M
20d Avg2.2M
Ratio1.01x