Sherwin-Williams (SHW) has been performing excellently over the past five years with an impressive 117% return. Its stock price has continually scaled new highs driven by robust financial performance and institutional buying.
Gradient Investments LLC Boosted its stakes in SHW as did
Brookstone Capital Management and
Envestnet Portfolio Solutions. The company has managed to keep delivering impressive results quarter after quarter, with Q2 exceeding estimates. However, there have been periodic misses in earnings and revenue estimates. Its
dividend of $0.715 per Common Share is also commendable. The long-term growth projection for SHW remains strong. Further, with 79% ownership by institutional investors, the stock seems to be a favorite in the market. However, the stock saw some stake decreases by
Park National Corp OH and
Advisornet Financial Inc. Some downside was seen in SHW due to weakness in the housing market; the stock faced underperformance compared to the market. But despite the Q4 earnings dip, SHW reported record sales in 2023. Overall, the company's financial health and strategic positioning indicate a promising future.
Sherwin-Williams SHW News Analytics from Fri, 24 Nov 2023 08:00:00 GMT to Sun, 18 Aug 2024 15:59:06 GMT -
Rating 7
- Innovation 3
- Information 8
- Rumor -3
