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Sherwin-Williams reports strong quarterly earnings, sees stake adjustments from major investors.
Sherwin-Williams reported a strong fourth quarter with earnings of $2.09 per share, slightly above analyst estimates of $2.07.
Several financial institutions have adjusted their stakes in the company, with Renaissance Group LLC reducing holdings by 1.0% and Bank of Montreal increasing its stake by 36.0%.
The stock, valued at $81.32 billion with a P/E ratio of 30.65, has a "Moderate Buy" consensus rating and an average price target of $398.19.
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Sherwin-Williams informa de fuertes ganancias trimestrales, ve ajustes en la participación de los principales inversores.