Sherwin-Williams Gets Hold Rating and USD 367 Target from Melius Research
On October 6, 2026, Sherwin-Williams stock (ISIN US8243481061) was trading at USD 319.32 on the NYSE, marking a slight gain of 0.27% for the day. Melius Research initiated coverage with a Hold rating and a price target of USD 367.00, which is USD 47.68 above the current trading price. This target provides a concrete valuation reference, though it remains cautious compared to the stock's 52-week high of USD 377.77 and low of USD 289.86.
The broader analyst consensus leans more positive, with MarketBeat reporting a Moderate Buy consensus from 19 analysts. This includes one Strong Buy, nine Buy ratings, and nine Hold ratings, with an average target of USD 384.83-20.55% above the October 6 price. Sherwin-Williams' recent Q2 earnings showed adjusted EPS of USD 3.70, beating estimates by USD 0.18, and revenue of USD 6.79 billion, up 7.5% year-over-year.
Management has set fiscal 2026 adjusted EPS guidance between USD 11.80 and USD 12.20. The next update will be critical, as the company is set to release third-quarter 2026 results on October 27, 2026, before the market opens. This report will indicate whether the mid to high-single-digit sales outlook and adjusted EPS range remain viable following the June quarter performance.
As of October 6, 2026, Sherwin-Williams' market capitalization stood at USD 77.5 billion, with a trading volume of 190,568 shares. The stock continues to trade above USD 300, reflecting steady investor interest despite the mixed analyst ratings.