The Sherwin-Williams Company’s SHW shares have increased 11.7% in the past six months compared with the S&P 500 and the industry’s growth of 8.9% and 9.4%, respectively. Image Source: Zacks Investment Research Let’s look at the factors driving the stock’s price appreciation.

Sherwin-Williams is the largest provider of architectural paint in the United States. The company has over 5,000 stores and sells premium paint at higher price points than most competitors. Sherwin-Williams also sells paint-related products in big-box stores and provides coatings for original equipment manufacturers.

Sherwin-Williams Co. closed $1.27 short of its 52-week high ($382.83), which the company achieved on September 17th.