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Candelo Capital Management LP Decreases Holdings in The Sherwin-Williams Company $SHW
Candelo Capital Management LP has reduced its stake in The Sherwin-Williams Company (NYSE:SHW) by 36.7% in the third quarter, selling 5,813 shares and now holding 10,022 shares valued at $3.47 million. Despite this decrease, Sherwin-Williams remains a significant part of Candelo Capital’s portfolio. Several other institutional investors increased their holdings in SHW, and the company recently reported strong earnings, exceeding analyst expectations, and increased its quarterly dividend.