Franklin Resources Trims Stake in Sherwin-Williams

Asset manager reduces position in specialty chemicals company by 1.2%

Mar. 12, 2026 at 10:34am

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Franklin Resources Inc., a major institutional investor, trimmed its stake in The Sherwin-Williams Company by 1.2% in the third quarter, according to a recent 13F filing with the SEC. The asset manager now owns 1,408,059 shares of the specialty chemicals company, valued at $487.6 million.

Why it matters

Institutional investors like Franklin Resources closely monitor and adjust their positions in major public companies. Changes in their holdings can signal broader market trends or shifts in investor sentiment around a particular stock.

The details

According to the 13F filing, Franklin Resources sold 17,189 shares of Sherwin-Williams stock during the third quarter. The asset manager now owns a 0.57% stake in the company, down from 0.58% previously. Sherwin-Williams is a leading global manufacturer and distributor of paints, coatings and related products, serving both professional and consumer markets.

  • The 13F filing covers the third quarter of 2026.

The players

Franklin Resources Inc.

A global investment management organization and one of the largest institutional investors in the world.

The Sherwin-Williams Company

A major specialty chemicals company and a global leader in the manufacture and distribution of paints, coatings and related products.

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The takeaway

This filing indicates that one of Sherwin-Williams' largest institutional investors has slightly reduced its position in the company, potentially signaling a shift in market sentiment around the stock. However, Franklin Resources remains a significant shareholder, underscoring the company's continued appeal to major institutional investors.