10 Reliable Dividend Stocks to Buy for Long-Term Investors

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6. The Sherwin-Williams Company (NYSE:SHW)

Number of Hedge Fund Holders: 73

Dividend Yield as of June 24: 0.96%

On June 24, Citi raised its price recommendation on The Sherwin-Williams Company (NYSE:SHW) to $380 from $355. It reiterated a Buy rating on the shares. The move was part of the firm’s second-quarter earnings preview for companies in the specialty chemicals sector.

Earlier, on June 4, BMO Capital lowered its price objective on SHW to $355 from $420. It kept an Outperform rating on the shares. The firm said it is trimming its estimates to account for a tougher macroeconomic backdrop. In a research note, the analyst pointed to continued pressure from high raw material costs. In addition, the analyst also pointed to a weakness in the housing market. These conditions, the firm believes, could reduce the likelihood of a meaningful recovery in the later stages of fiscal 2026 and fiscal 2027.

The Sherwin-Williams Company (NYSE:SHW) manufactures, develops, distributes, and sells paints, coatings, and related products. The company serves a broad customer base that includes professional contractors, industrial businesses, commercial clients, and retail consumers.

While we acknowledge the potential of SHW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SHW and that has 100x upside potential, check out our report about the cheapest AI stock.

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