ABN Amro Investment Solutions Ups Stake in Sherwin-Williams Company
ABN Amro Investment Solutions has increased its stake in Sherwin-Williams Company (NYSE: SHW) by purchasing an additional 5,053 shares during the second quarter. The institutional investor now owns 93,188 shares of the specialty chemicals company's stock, valued at $32,086,000 as of its most recent filing with the Securities and Exchange Commission.
ABN Amro Investment Solutions is not alone in buying up Sherwin-Williams stock. Other institutional investors and hedge funds have also added to their positions in the company during the second quarter, including Fideuram Asset Management Ireland dac, Kinsale Capital Group Inc., Calamos Advisors LLC, Vanguard Group Inc., and Blueline Advisors LLC.
The company's stock price has been on an upward trend, with a 1 year high of $379.65. Sherwin-Williams recently announced its earnings results for the quarter, beating analysts' consensus estimates with EPS of $3.70 and revenue of $6.79 billion.