Sherwin-Williams Loses Over 79% Institutional Support

LS Investment Advisors LLC has adjusted its stake in Sherwin-Williams Company (NYSE:SHW), selling 23,591 shares and trimming its position by 79.9% in the second quarter.

The institutional investor held 5,924 shares of Sherwin-Williams' stock after the sale, worth $2,040,000 at the end of the reporting period.

This adjustment is part of a larger trend, with several other hedge funds and institutions adjusting their stakes in Sherwin-Williams during the second quarter.