Sherwin-Williams (SHW)

• Market cap: $87B
• 1 day: 0.90%
• 5 days: -5.66%
• 1 month: -7.05%
• 3 months: -8.73%
• 6 months: 14.64%
• Year to date: 13.30%
• 1 year: 13.56%
• 5 years: 78.39%
• 10 years: 296.09%
• Sector: Materials
• Industry: Building Materials, Hardware, Garden Supply

About: Sherwin-Williams is the largest provider of architectural paint in the United States. The company has over 5,000 stores and sells premium paint at higher price points than most competitors. Sherwin-Williams also sells paint-related products in big-box stores and provides coatings for original equipment manufacturers.

Employees: 64,088

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

113% more first-time investments, than exits

New positions opened: 202 | Existing positions closed: 95

22% more funds holding in top 10

Funds holding in top 10: 37 [Q2] → 45 (+8) [Q3]

19% more capital invested

Capital invested by funds: $61.5B [Q2] → $73.4B (+$11.8B) [Q3]

7% more funds holding

Funds holding: 1,506 [Q2] → 1,613 (+107) [Q3]

6% more call options, than puts

Call options by funds: $354M | Put options by funds: $336M

10% less repeat investments, than reductions

Existing positions increased: 552 | Existing positions reduced: 613

4.64% less ownership

Funds ownership: 81.34% [Q2] → 76.7% (-4.64%) [Q3]

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $360 4% upside
• Avg. target: $407 18% upside
• High target: $450 30% upside

9 analyst ratings

• positive: 6 67%
• neutral: 3 33%
• negative: 0 0%

Evercore ISI Group Greg Melich 84% 1-year accuracy 54 / 64 met price target	22% upside $420	Outperform Maintained	7 Nov 2024
RBC Capital Arun Viswanathan 29% 1-year accuracy 20 / 70 met price target	29% upside $446	Outperform Maintained	24 Oct 2024
Citigroup Patrick Cunningham 50% 1-year accuracy 16 / 32 met price target	22% upside $420	Buy Maintained	24 Oct 2024
JP Morgan Jeffrey Zekauskas 37% 1-year accuracy 16 / 43 met price target	7% upside $370	Overweight Maintained	23 Oct 2024
Barclays Michael Leithead 37% 1-year accuracy 7 / 19 met price target	7% upside $370	Equal-Weight Maintained	23 Oct 2024