diff --git a/python/gui/auto_generated/qgssymbolbutton.sip.in b/python/gui/auto_generated/qgssymbolbutton.sip.in
index 73a88685190..4e9feb14a70 100644
--- a/python/gui/auto_generated/qgssymbolbutton.sip.in
+++ b/python/gui/auto_generated/qgssymbolbutton.sip.in
@@ -203,6 +203,10 @@ Emitted when the symbol's settings are changed.
 
     virtual void mouseMoveEvent( QMouseEvent *e );
 
+    virtual void mouseReleaseEvent( QMouseEvent *e );
+
+    virtual void keyPressEvent( QKeyEvent *e );
+
     virtual void dragEnterEvent( QDragEnterEvent *e );
 
 
diff --git a/src/gui/qgssymbolbutton.cpp b/src/gui/qgssymbolbutton.cpp
index 3b78581f9dd..5c5155f7c26 100644
--- a/src/gui/qgssymbolbutton.cpp
+++ b/src/gui/qgssymbolbutton.cpp
@@ -27,6 +27,8 @@
 #include "qgsapplication.h"
 #include "qgsguiutils.h"
 #include "qgsexpressioncontextutils.h"
+#include "qgsgui.h"
+#include "qgscolordialog.h"
 
 #include <QMenu>
 #include <QClipboard>
@@ -236,6 +238,13 @@ void QgsSymbolButton::pasteColor()
 
 void QgsSymbolButton::mousePressEvent( QMouseEvent *e )
 {
+  if ( mPickingColor )
+  {
+    //don't show dialog if in color picker mode
+    e->accept();
+    return;
+  }
+
   if ( e->button() == Qt::RightButton )
   {
     QToolButton::showMenu();
@@ -250,6 +259,13 @@ void QgsSymbolButton::mousePressEvent( QMouseEvent *e )
 
 void QgsSymbolButton::mouseMoveEvent( QMouseEvent *e )
 {
+  if ( mPickingColor )
+  {
+    updatePreview( QgsGui::sampleColor( e->globalPos() ) );
+    e->accept();
+    return;
+  }
+
   //handle dragging colors/symbols from button
 
   if ( !( e->buttons() & Qt::LeftButton ) )
@@ -274,6 +290,32 @@ void QgsSymbolButton::mouseMoveEvent( QMouseEvent *e )
   setDown( false );
 }
 
+void QgsSymbolButton::mouseReleaseEvent( QMouseEvent *e )
+{
+  if ( mPickingColor )
+  {
+    //end color picking operation by sampling the color under cursor
+    stopPicking( e->globalPos() );
+    e->accept();
+    return;
+  }
+
+  QToolButton::mouseReleaseEvent( e );
+}
+
+void QgsSymbolButton::keyPressEvent( QKeyEvent *e )
+{
+  if ( !mPickingColor )
+  {
+    //if not picking a color, use default tool button behavior
+    QToolButton::keyPressEvent( e );
+    return;
+  }
+
+  //cancel picking, sampling the color if space was pressed
+  stopPicking( QCursor::pos(), e->key() == Qt::Key_Space );
+}
+
 void QgsSymbolButton::dragEnterEvent( QDragEnterEvent *e )
 {
   //is dragged data valid color data?
@@ -405,6 +447,14 @@ void QgsSymbolButton::prepareMenu()
   }
   mMenu->addAction( pasteColorAction );
   connect( pasteColorAction, &QAction::triggered, this, &QgsSymbolButton::pasteColor );
+
+  QAction *pickColorAction = new QAction( tr( "Pick Color" ), this );
+  mMenu->addAction( pickColorAction );
+  connect( pickColorAction, &QAction::triggered, this, &QgsSymbolButton::activatePicker );
+
+  QAction *chooseColorAction = new QAction( tr( "Choose Color…" ), this );
+  mMenu->addAction( chooseColorAction );
+  connect( chooseColorAction, &QAction::triggered, this, &QgsSymbolButton::showColorDialog );
 }
 
 void QgsSymbolButton::addRecentColor( const QColor &color )
@@ -412,6 +462,16 @@ void QgsSymbolButton::addRecentColor( const QColor &color )
   QgsRecentColorScheme::addRecentColor( color );
 }
 
+void QgsSymbolButton::activatePicker()
+{
+  //activate picker color
+  QApplication::setOverrideCursor( QgsApplication::getThemeCursor( QgsApplication::Cursor::Sampler ) );
+  grabMouse();
+  grabKeyboard();
+  mPickingColor = true;
+  setMouseTracking( true );
+}
+
 
 void QgsSymbolButton::changeEvent( QEvent *e )
 {
@@ -535,6 +595,68 @@ QPixmap QgsSymbolButton::createColorIcon( const QColor &color ) const
   return pixmap;
 }
 
+void QgsSymbolButton::stopPicking( QPoint eventPos, bool samplingColor )
+{
+  //release mouse and keyboard, and reset cursor
+  releaseMouse();
+  releaseKeyboard();
+  QgsApplication::restoreOverrideCursor();
+  setMouseTracking( false );
+  mPickingColor = false;
+
+  if ( !samplingColor )
+  {
+    //not sampling color, restore old icon
+    updatePreview();
+    return;
+  }
+
+  const QColor newColor = QgsGui::sampleColor( eventPos );
+  setColor( newColor );
+  addRecentColor( newColor );
+}
+
+void QgsSymbolButton::showColorDialog()
+{
+  QgsPanelWidget *panel = QgsPanelWidget::findParentPanel( this );
+  if ( panel && panel->dockMode() )
+  {
+    QColor currentColor = mSymbol->color();
+    QgsCompoundColorWidget *colorWidget = new QgsCompoundColorWidget( panel, currentColor, QgsCompoundColorWidget::LayoutVertical );
+    colorWidget->setPanelTitle( tr( "Symbol Color" ) );
+    colorWidget->setAllowOpacity( true );
+
+    if ( currentColor.isValid() )
+    {
+      colorWidget->setPreviousColor( currentColor );
+    }
+
+    connect( colorWidget, &QgsCompoundColorWidget::currentColorChanged, this, [ = ]( const QColor & newColor )
+    {
+      if ( newColor.isValid() )
+      {
+        setColor( newColor );
+      }
+    } );
+    panel->openPanel( colorWidget );
+    return;
+  }
+
+  QColor newColor;
+
+  QgsColorDialog dialog( this, nullptr, mSymbol->color() );
+  dialog.setTitle( tr( "Symbol Color" ) );
+  dialog.setAllowOpacity( true );
+
+  if ( dialog.exec() && dialog.color().isValid() )
+  {
+    setColor( dialog.color() );
+  }
+
+  // reactivate button's window
+  activateWindow();
+}
+
 void QgsSymbolButton::setDialogTitle( const QString &title )
 {
   mDialogTitle = title;
diff --git a/src/gui/qgssymbolbutton.h b/src/gui/qgssymbolbutton.h
index b9be1c3de08..f55950caeb2 100644
--- a/src/gui/qgssymbolbutton.h
+++ b/src/gui/qgssymbolbutton.h
@@ -219,6 +219,8 @@ class GUI_EXPORT QgsSymbolButton : public QToolButton
     void mousePressEvent( QMouseEvent *e ) override;
     // Reimplemented to allow dragging colors/symbols from button
     void mouseMoveEvent( QMouseEvent *e ) override;
+    void mouseReleaseEvent( QMouseEvent *e ) override;
+    void keyPressEvent( QKeyEvent *e ) override;
     // Reimplemented to accept dragged colors
     void dragEnterEvent( QDragEnterEvent *e ) override;
 
@@ -241,6 +243,11 @@ class GUI_EXPORT QgsSymbolButton : public QToolButton
 
     void addRecentColor( const QColor &color );
 
+    /**
+     * Activates the color picker tool, which allows for sampling a color from anywhere on the screen
+     */
+    void activatePicker();
+
   private:
 
     QSize mSizeHint;
@@ -264,6 +271,8 @@ class GUI_EXPORT QgsSymbolButton : public QToolButton
 
     QgsExpressionContextGenerator *mExpressionContextGenerator = nullptr;
 
+    bool mPickingColor = false;
+
     /**
      * Regenerates the text preview. If \a color is specified, a temporary color preview
      * is shown instead.
@@ -286,6 +295,16 @@ class GUI_EXPORT QgsSymbolButton : public QToolButton
      */
     QPixmap createColorIcon( const QColor &color ) const;
 
+    /**
+     * Ends a color picking operation
+     * \param eventPos global position of pixel to sample color from
+     * \param samplingColor set to TRUE to actually sample the color, FALSE to just cancel
+     * the color picking operation
+     */
+    void stopPicking( QPoint eventPos, bool samplingColor = true );
+
+    void showColorDialog();
+
 };
 
 #endif // QGSSYMBOLBUTTON_H