Sherwin-Williams upgraded to Neutral from Underperform with PT raised to $375.

Thursday, Aug 14, 2025 7:17 am ET1min read

Sherwin-Williams upgraded to Neutral from Underperform with PT raised to $375.

July 2, 2025

Sherwin-Williams Company (NYSE: SHW) has seen a significant change in its analyst ratings and price target, reflecting a more optimistic outlook from some of the financial community. Citigroup recently upgraded the stock to "Neutral" from "Underperform" and raised its price target (PT) to $375. This move comes amidst a broader shift in analyst sentiment surrounding the specialty chemicals company.

Citigroup's analysts cited several factors in their upgrade, including the company's strong dividend history, which has been a key attraction for investors. The upgrade also comes on the heels of several institutional investors increasing their stakes in Sherwin-Williams, including Resona Asset Management Co. Ltd. and Synergy Investment Management LLC [1].

The upgrade to "Neutral" from "Underperform" signals a shift in the consensus view among analysts. While the overall rating remains "Moderate Buy" with a consensus target price of $383.33, the individual analyst ratings have shown a mix of "Buy," "Overweight," and "Sell" recommendations, reflecting the diverse views on the company's prospects [1].

Additionally, Sherwin-Williams recently reported its quarterly earnings, which missed analysts' expectations but showed a strong return on equity and net margin. The company also announced a quarterly dividend of $0.79 per share, which represents a $3.16 annualized dividend and a 0.9% dividend yield [1].

The recent upgrade by Citigroup is a notable development for investors, particularly those who have been watching the stock closely. As the company continues to navigate its financials and market conditions, analysts will be closely monitoring any further changes in its credit arrangements and overall financial health. The upgrade to "Neutral" suggests that Citigroup believes the risks and opportunities for Sherwin-Williams are balanced, providing a more cautious but still favorable outlook.

References:

[1] https://www.marketbeat.com/instant-alerts/filing-the-sherwin-williams-company-nyseshw-stock-holdings-lifted-by-resona-asset-management-co-ltd-2025-08-13/

Sherwin-Williams upgraded to Neutral from Underperform with PT raised to $375.

Comments



Add a public comment...
No comments

No comments yet