With a 5-year average dividend growth rate of 10.90%, The Sherwin-Williams Company (NYSE:SHW) is included among the 14 Best Dividend Stocks to Buy for Steady Growth.
On May 8, Evercore ISI analyst Greg Melich raised the firm’s price recommendation on The Sherwin-Williams Company (NYSE:SHW) to $400 from $390. It reiterated an Outperform rating on the stock.
During its Q1 2026 earnings call, Sherwin-Williams said the company delivered strong sales despite operating in what executives described as a period of global uncertainty and continued softness across most end markets. Senior Vice President James Jaye said sales exceeded guidance on a consolidated basis and across all three reportable segments.
Chairman, CEO, and President Heidi Petz said the company continued to gain market share. She added that Sherwin-Williams’ differentiation strategy was increasing the distance between the company and its competitors. According to Petz, strong revenue performance and healthy new account growth across the business reflected that momentum. Within the Paint Stores Group, Petz said the segment generated mid-single-digit growth, with both price/mix and volume increasing by low single-digit percentages. She also noted that the company’s January 1 price increase was performing slightly better than originally expected.
Discussing end markets, Petz said residential repaint activity returned to mid-single-digit growth, while property maintenance trends remained encouraging. She added that demand in new residential construction continued to face pressure, which was in line with company expectations. At the same time, the Protective & Marine business reported double-digit sales growth and marked its seventh straight quarter of high single-digit growth.
The Sherwin-Williams Company (NYSE:SHW) manufactures, develops, distributes, and sells paint, coatings, and related products to professional, industrial, commercial, and retail customers. Its operations are primarily based in North and South America, with additional business across the Caribbean, Europe, Asia, and Australia.
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