DAVENPORT & Co LLC Cuts Stake in The Sherwin-Williams Company $SHW

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DAVENPORT & Co LLC reduced its stake in The Sherwin-Williams Company (NYSE:SHW) by 3.2% in the fourth quarter, selling 15,984 shares and owning 0.20% of the company’s stock valued at $159.48 million. Despite this, other institutional investors have recently increased their holdings in Sherwin-Williams. The company reported strong financial results, including exceeding analyst earnings and revenue estimates and increasing its quarterly dividend.

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