DNB Asset Management Trims Stake in Sherwin-Williams

Institutional investor reduces holdings in specialty chemicals company by 14.3%

Mar. 3, 2026 at 8:47am

Got story updates? Submit your updates here. ›

DNB Asset Management AS, an institutional investor, has trimmed its stake in The Sherwin-Williams Company (NYSE:SHW) by 14.3% during the 3rd quarter, according to a recent 13F filing with the Securities & Exchange Commission. The firm now owns 62,559 shares of the specialty chemicals company's stock, valued at $21.66 million.

Why it matters

Institutional investors like DNB Asset Management closely monitor and adjust their holdings in major companies like Sherwin-Williams, which can provide insights into broader market trends and investor sentiment around the stock.

The details

According to the 13F filing, DNB Asset Management sold 10,414 shares of Sherwin-Williams stock during the 3rd quarter. The firm now holds a total of 62,559 shares, down from 72,973 shares previously. Sherwin-Williams is a global manufacturer and distributor of paints, coatings and related products, serving both professional and consumer markets.

  • DNB Asset Management trimmed its Sherwin-Williams stake during the 3rd quarter of 2026.

The players

DNB Asset Management AS

An institutional investor that has reduced its holdings in The Sherwin-Williams Company.

The Sherwin-Williams Company

A global manufacturer and distributor of paints, coatings and related products.

Got photos? Submit your photos here. ›

The takeaway

This filing indicates that one major institutional investor has become slightly less bullish on Sherwin-Williams, though the company remains a significant holding in DNB Asset Management's portfolio. Investors will likely continue to monitor institutional activity around Sherwin-Williams as a gauge of broader market sentiment.