Sherwin-Williams SHW has seen a variety of events impacting its stock. The company has been catching the attention of investors and analysts with its continued dividends, with its most recent dividend declared at
$0.79 per common share. With
Robert Gamgort, a consumer goods veteran, joining their Board, this further strengthens SHW's leadership. In addition, they are expected to have their next quarter's return coming in soon, and investors are eagerly awaiting. The company is also playing their part in social service by teaming up to transform over 100 veterans facilities and community centers. Another major move was SHW's acquisition of
BASF's Brazilian Architectural Paints business for $1.15 billion in an all-cash transaction- a significant step towards expansion. Despite a 7% price dip over the last quarter, the paint giant had a record-breaking $23.1B year. However, the company's latest US$9.3b market cap drop could force institutional owners to take severe actions. There have been some concerns raised over whether the stock is currently overpriced. Moreover, the company's President & GM sold 32% of his holding, further adding to the speculation surrounding the stock.
Sherwin-Williams SHW News Analytics from Tue, 23 Jul 2024 07:00:00 GMT to Thu, 17 Apr 2025 14:54:00 GMT -
Rating 5
- Innovation 3
- Information 7
- Rumor 3
