Deutsche Bank AG Acquires 657,521 Shares of Sherwin-Williams Stock

Deutsche Bank AG recently purchased 657,521 shares of Sherwin-Williams Company stock during the second quarter. The acquisition is valued at approximately $226.4 million. This purchase represents a new position for Deutsche Bank AG in Sherwin-Williams.

Other large investors have also made significant changes to their holdings in Sherwin-Williams. Norges Bank acquired a new stake in the company during the fourth quarter, worth around $1.09 billion. Bank of New York Mellon Corp also purchased a new position in Sherwin-Williams in the second quarter, valued at $547 million.

Viking Global Investors LP increased its holdings in Sherwin-Williams by 101.4% in the second quarter, while Mitsubishi UFJ Asset Management Co. Ltd acquired a new stake in the company during the same period. Balyasny Asset Management L.P. also boosted its position in Sherwin-Williams by 53,827.1% during the fourth quarter.

Sherwin-Williams stock has performed well, with a market capitalization of $83.9 billion and a price-to-earnings ratio of 31.85. The company reported earnings per share (EPS) of $3.70 for the second quarter, beating analyst estimates by $0.18.