In a filing, Sherwin-Williams Co revealed its SVP – CLO and Secretary GARCEAU MARY L unloaded Company’s shares for reported $6.28 million on Nov 26 ’24. In the deal valued at $397.92 per share,15,770 shares were sold. As a result of this transaction, GARCEAU MARY L now holds 29,205 shares worth roughly $10.64 million.
Then, CRONIN JANE M. sold 5,161 shares, generating $2,054,388 in total proceeds. Upon selling the shares at $398.06, the SVP – Enterprise Finance now owns 16,816 shares.
Before that, GARCEAU MARY L bought 15,770 shares. Sherwin-Williams Co shares valued at $6,275,153 were divested by the Officer at a price of $397.92 per share.
Berenberg upgraded its Sherwin-Williams Co [SHW] rating to a Buy from a a Hold in a research note published on January 24, 2025; the price target was increased to $420 from $321. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who decreased its forecast for the stock in early October from “an Overweight” to “a Sector weight”. Evercore ISI also remained covering SHW and reiterated its “an Outperform” recommendation on July 24, 2024. KeyBanc Capital Markets revised its rating on April 25, 2024. It rated SHW as “an Overweight” which previously was an “a Sector weight”.
Price Performance Review of SHW
On Tuesday, Sherwin-Williams Co [NYSE:SHW] saw its stock unchanged to $364.17. Over the last five days, the stock has gained 0.73%. Sherwin-Williams Co shares have risen nearly 7.13% since the year began. Nevertheless, the stocks have risen 19.83% over the past one year. While a 52-week high of $400.42 was reached on 01/17/25, a 52-week low of $282.09 was recorded on 01/13/25. SMA at 50 days reached $363.46, while 200 days put it at $344.84.
Levels Of Support And Resistance For SHW Stock
The 24-hour chart illustrates a support level at 360.61, which if violated will result in even more drops to 357.04. On the upside, there is a resistance level at 366.50. A further resistance level may holdings at 368.83. The Relative Strength Index (RSI) on the 14-day chart is 60.15, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 12.56, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.06%. Stochastics %K at 89.55% indicates the stock is a selling.
How much short interest is there in Sherwin-Williams Co?
A steep rise in short interest was recorded in Sherwin-Williams Co stocks on 2025-01-15, dropping by -0.46 million shares to a total of 5.04 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 5.5 million shares. There was a decline of -9.08%, which implies that there is a negative sentiment for the stock.
