Hedge funds and institutional investors boosted stakes in Sherwin-Williams, despite its earnings miss.

Hedge funds and institutional investors increased their stakes in Sherwin-Williams, with Hantz Financial Services and Kingfisher Capital LLC among those boosting holdings. Despite missing earnings expectations, analysts still recommend buying the stock. Sherwin-Williams reported $3.37 EPS for the quarter, below the $3.56 consensus estimate, and has a market cap of $99.22 billion and a P/E ratio of 39.24. The company will also pay a quarterly dividend on December 6th.

November 29, 2024
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