5 Industrial Stocks To Buy According To Billionaire Ray Dalio

4. The Sherwin-Williams Company (NYSE:SHW)

Bridgewater Associates’ Stake Value: $43.7 million

Percentage of Bridgewater Associates’ 13F Portfolio: 0.23%

Number of Hedge Fund Holders: 44

The Sherwin-Williams Company (NYSE:SHW) is an American company that sells paint, coatings, and other associated products to industries and other customers. These products include automotive refinish products, wood finish coatings, and performance-based colorants among others.

Bridgewater Associates owned a $43.7 million stake in The Sherwin-Williams Company (NYSE:SHW) as the third quarter of this year came to an end. This was through 156,574 shares, and it represented 0.23% of the investment firm’s portfolio. Of the 867 hedge funds part of Insider Monkey’s Q3 2021 poll, 44 had also owned The Sherwin-Williams Company (NYSE:SHW) shares.

The Sherwin-Williams Company (NYSE:SHW) raked in $5.15 billion in revenue and $2.09 in non-GAAP EPS for its third fiscal quarter, as it beat analyst estimates for both. BMO Capital raised the company’s price target to $355 in October 2021, outlining that the headwinds faced by the company appear to have peaked.

Richard Chilton’s Chilton Investment Company is the company’s largest shareholder. It owns 1.1 million shares worth $323 million.