Sherwin-Williams Loses Confluence Investment Stake Amid Strong Earnings

Confluence Investment Management LLC recently reduced its stake in The Sherwin-Williams Company (NYSE:SHW) by selling 4,194 shares during the second quarter. This decrease lowered their holdings to 62,256 shares of SHW stock.

The total value of these shares is approximately $21,436,000 at the end of the most recent quarter. Sherwin-Williams' quarterly earnings data was announced on July 28th, where the company reported $3.70 EPS, exceeding analysts' consensus estimates by $0.18 per share.

The specialty chemicals company's revenue for the quarter reached $6.79 billion, a 7.5% increase from the same period last year. Its FY 2026 guidance is set at 11.800-12.200 EPS. The current average estimate for Sherwin-Williams' earnings per share this year is 12.08.

According to its most recent 13F filing with the Securities & Exchange Commission, Confluence Investment Management LLC's holdings in Sherwin-Williams account for a significant portion of their portfolio. Institutional investors and hedge funds currently own approximately 77.67% of SHW stock.