Cornerstone Advisors Takes a Paintful Stake in Sherwin-Williams

Cornerstone Advisors LLC recently acquired a new stake in The Sherwin-Williams Company (NYSE:SHW) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. Cornerstone purchased 15,054 shares of the specialty chemicals company's stock, valued at approximately $5,183,000.

The institutional investor is not the only one to have increased their position in SHW recently; a number of other institutional investors and hedge funds also added to or reduced their stakes in the company. Sapient Capital LLC, for instance, increased its position by 0.3% during the fourth quarter, while Eastern Bank raised its holdings by 50.8% in the same period.

On July 28th, Sherwin-Williams reported quarterly earnings that beat analysts' expectations, with a net margin of 11.01% and a return on equity of 67.97%. The company's revenue was up 7.5% year-over-year, and it has set its FY 2026 guidance at $11.800 to $12.200 EPS.