SHW

LONG

SHERWIN WILLIAMS CO

Funds

Score

7.50

vs SPY

-21.3%

Stock return (since Q-end)

-5.0%

SPY return (since Q-end)

+16.3%

Current price

$303.84

News Summary

Negative

Sherwin-Williams beat Q1 2026 earnings ($2.35 EPS vs. $2.28 consensus) with 14 consecutive quarters of gross margin expansion and raised price/mix guidance, but full-year 2026 adjusted EPS guidance of $11.50–$11.90 missed Street consensus of $12.42, triggering analyst downgrades. A major joint bid with Nippon Paint to acquire AkzoNobel was rejected in May 2026, though the company maintains strategic optionality in pursuing M&A.

Red flags

•Full-year 2026 adjusted EPS guidance ($11.50–$11.90) significantly missed Street consensus of $12.42 at announcement
•Volume guidance shifted from growth to low single-digit decline for full year 2026
•AkzoNobel acquisition bid rejected by target company boards; major strategic initiative unsuccessful
•Wells Fargo downgraded to Equal Weight from Overweight with price target cut from $410 to $365 (11% downside)
•Raw material inflation guidance raised to low-to-mid single digits; APAC and EMEA industrial businesses facing headwinds
•New California class action lawsuit filed in February 2026 alleging labor code violations

Funds Buying (5)

Fund	Manager	Shares Held	∆ Shares	Position Value	QoQ	Status
Viking Global	Andreas Halvorsen	3.1M	+3.1M	$997.8B	—	NEW
D1 Capital	Dan Sundheim	474K	+474K	$151.9B	—	NEW
Maverick Capital	Lee Ainslie	392K	+392K	$125.6B	—	NEW
Tiger Global	Chase Coleman	257K	+257K	$82.4B	—	NEW
Point72	Steve Cohen	57K	+57K	$18.3B	—	NEW

Shares Held and Position Value reflect total quarter-end holdings. ∆ Shares is the change from the prior quarter.