AMG National Invests $2.51 Million in Sherwin-Williams

AMG National Trust Bank has invested $2.51 million in The Sherwin-Williams Company (NYSE:SHW) by purchasing 7,290 shares of its stock.

This new investment was disclosed to the Securities and Exchange Commission (SEC) as part of AMG's most recent filing.

As a result of this acquisition, institutional investors now own approximately 77.67% of The Sherwin-Williams Company's outstanding shares.

The specialty chemicals company reported revenue of $6.79 billion in the second quarter, exceeding analyst estimates by 7.5% on a year-over-year basis.