Deutsche Bank AG Snaps Up Sherwin-Williams Shares Worth $226 Million
Deutsche Bank AG recently acquired a new position in shares of The Sherwin-Williams Company (NYSE:SHW) during the second quarter, according to its most recent filing with the SEC. The fund bought 657,521 shares of the specialty chemicals company's stock, valued at approximately $226,398,000.
This marks a significant investment in SHW, as Deutsche Bank AG now owns 0.27% of the company's outstanding shares. The Sherwin-Williams Company has reported strong earnings for the quarter, with revenue up 7.5% year-over-year and EPS beating estimates by $0.18.
The company's FY 2026 guidance is set at 11.800-12.200 EPS, and analysts anticipate that SHW will post 12.08 EPS for the current fiscal year. The stock has a price-to-earnings ratio of 31.85 and a beta of 1.10.