BMO reiterates Outperform for Sherwin-Williams stock at USD 405 target
Published on 10/05/2026 at 13:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
BMO Capital reiterated an Outperform rating for Sherwin-Williams stock with a USD 405.00 price target on September 28, 2026, according to Investing.com. Sherwin-Williams stock was trading at EUR 284.90 at Lang & Schwarz on October 5, 2026 at 1:36 p.m. CEST, minus 0.61 percent versus the prior close of EUR 286.65.
Statesville expansion adds capacity
Sherwin-Williams held the grand opening of its expanded architectural paint and coatings facility in Statesville, North Carolina, on September 30, 2026. Yahoo Finance reported that the site is now the company's largest plant in North America, with expanded production space, automation enhancements and four new rail spurs.
The facility is part of Sherwin-Williams' manufacturing and distribution network. The operational significance is practical: added production and rail infrastructure can improve material handling and supply-chain flexibility, while the company continues to position capacity closer to its North American customers.
Second-quarter figures support guidance
In the second quarter of 2026, Sherwin-Williams generated USD 6.79 billion in revenue, up 7.50 percent from the same period a year earlier, and adjusted earnings per share reached USD 3.70 versus a USD 3.52 consensus estimate, according to MarketBeat. The same report said management provided adjusted fiscal 2026 earnings-per-share guidance of USD 11.80-12.20.
That combination gives the stock a measurable operating benchmark beyond the factory announcement. Revenue growth exceeded the consensus figure cited for the quarter, while the guidance range places the full-year outlook above the USD 11.00 level and keeps earnings execution central to the valuation debate.
Analyst target remains above the quote
The analyst view is constructive but still tied to execution. BMO Capital's USD 405.00 target is a separate US-dollar reference and cannot be directly compared with the euro Lang & Schwarz quote; the company also faces cost inflation and has announced an 8 percent Paint Stores Group price increase effective September 1, 2026, according to the filing summary published by StockTitan.
Stock stays below its yearly high
Sherwin-Williams is listed on the NYSE under ticker SHW. As of October 2, 2026, the primary-market quote was USD 319.51, with a 52-week range of USD 289.86 to USD 379.65 and market capitalization of USD 77.6 billion; the euro quote remains the reference for this article.
The further course of trading is shown by the continuously updated real-time quote of Sherwin-Williams stock.
Sherwin-Williams stock facts
- Company: The Sherwin-Williams Company
- ISIN: US8243481061
- Ticker: SHW
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 5, 2026 at 1:36 p.m. CEST: EUR 284.90
- Change versus prior close: minus 0.61 percent
- Prior close Lang & Schwarz October 2, 2026: EUR 286.65
- Market capitalization: USD 77.6 billion as of October 2, 2026
- 52-week range: USD 289.86-379.65 as of October 2, 2026
- Sector / Industry: Basic Materials / Specialty Chemicals
