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That not only led to the stock's plunge, but also declines in leading home improvement stocks Home Depot (NYSE: HD) and Lowe's (NYSE: LOW). As of 1:10 p.m. ET, Sherwin-Williams stock was still ...
Morgan Stanley raised their stock price forecast on Sherwin-Williams to $315 from $275 due to the confluence of solid first-quarter earnings results and continued momentum in HIRS/P&WP sales.
Sherwin-Williams will join the Dow Jones Industrial Average on November 8. Sherwin-Williams has a market cap of $90.15 billion. Here's everything to know about the paint company.
In 2004, Sherwin-Williams acquired Paint Sundry Brands for $295 million and Duron Inc. for $253 million. [18] [19] In June 2007, Sherwin-Williams announced that it had completed an acquisition of M.A. Bruder & Sons, a manufacturer and distributor of paints and coatings. [20]
PPG expanded quickly. By 1900, known as the "Glass Trust", it included 10 plants, had a 65 percent share of the U.S. plate glass market, and had become the nation's second largest producer of paint. [4] Today, known as PPG Industries, the company is a multibillion-dollar, Fortune 500 corporation with 150 manufacturing locations around the world.
Pratt & Lambert is a brand of architectural and industrial paint founded in 1849. It has been owned by Sherwin-Williams since 1995. The Pratt & Lambert company started in Buffalo, New York in 1849 as a maker of a drying agent for linseed oil paint. It was listed on the American Stock Exchange in 1905.
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