Wealthfront Advisers Invests in Sherwin-Williams Company

Wealthfront Advisers LLC has invested in The Sherwin-Williams Company (NYSE:SHW) by acquiring 22,581 shares during the second quarter. This investment is valued at approximately $7,775,000.

According to a recent filing with the Securities & Exchange Commission, Wealthfront Advisers LLC has joined other large investors who have also recently modified their holdings of SHW. BlackRock Inc. acquired a new position in Sherwin-Williams during the 2nd quarter valued at about $6,100,083,000.

The company's quarterly earnings results on Tuesday, July 28th showed that Sherwin-Williams reported $3.70 earnings per share for the quarter, beating analysts' consensus estimates of $3.52 by $0.18. The company had revenue of $6.79 billion during the quarter, compared to the consensus estimate of $6.60 billion.

Corporate insiders own 0.23% of the company's stock. Insider Justin T. Binns sold 13,500 shares of the business's stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $352.70, for a total value of $4,761,450.00.