Sherwin-Williams (SHW) produced a strong financial performance for the 2024 year-end and fourth quarter. Having released its annual results, analysts have updated their estimates accordingly. The company exceeded Q4 EPS expectations by 2 cents and issued earnings guidance for FY 2025. Major investments have been seen from Mediolanum International Funds and Cibc World Market. Citi raised the price target to $418, reiterating the buy rating on the stock. Amidst financial reporting, Sherwin-Williams still maintains a focus on future performance with its strong EPS growth, exhibiting its potential for long-term investment. The company remains popular among institutional owners with around 80% ownership of the shares. Despite a choppy market, Sherwin-Williams' stock shows resilience as there has been an increase in the company's stock even though it fell short on revenue estimates. Notably, Sherwin-Williams reported a record financial performance for 2024, showing a strong position amid challenges. The company's results have caused some to regard Sherwin-Williams as promising for long-term momentum and a top pick in the market.
Sherwin-Williams SHW News Analytics from Tue, 23 Jul 2024 07:00:00 GMT to Sat, 01 Feb 2025 12:49:11 GMT -
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