Why Did Sherwin-Williams Plunge 5.51%? Barclays Cuts Price Target

The Sherwin-Williams Company (SHW) experienced a significant drop of 5.51% in pre-market trading on April 2, 2025, reflecting a notable shift in investor sentiment.

Barclays recently lowered its price target for Sherwin-Williams from $385 to $355, maintaining an Equal Weight rating. This adjustment comes as part of the firm's quarterly earnings review, indicating a cautious outlook on the company's near-term performance.

Analysts have been closely examining Sherwin-Williams, with seven analysts providing a range of opinions from bullish to bearish. This diverse set of viewpoints underscores the complexity of the company's current market position and future prospects.

Sherwin-Williams is set to announce its first-quarter 2025 financial results and provide an outlook for the second quarter and full year 2025. The company will host a conference call to discuss these results, offering investors a deeper insight into its financial health and strategic direction.

Summit Financial LLC reduced its holdings in Sherwin-Williams by 14.3% in the fourth quarter, signaling a potential shift in institutional investor confidence. This move could be indicative of broader market trends or specific concerns about the company's performance.