Covidien plc (COV), Dollar Tree Inc. (DLTR), Sherwin-Williams Co (SHW): Rail-Splitter Capital Management’s New Picks

Next is Dollar Tree Inc. (NASDAQ:DLTR), in which Rail-Splitter Capital Management disclosed holding 165,062 shares, worth $11.6 million. Dollar Tree Inc. (NASDAQ:DLTR) is an operator of discount variety stores selling everything for $1 or less, and has a market cap of nearly $14 billion. Last year, Dollar Tree Inc. (NASDAQ:DLTR) launched a takeover bid for Family Dollar Stores, Inc. (NYSE:FDO). The shareholders of Family Dollar Stores Inc. (NYSE:FDO) are scheduled to vote on the company’s pending merger on January 22.

Among the largest shareholders of Dollar Tree Inc. (NASDAQ:DLTR) include Highfields Capital Management, led by Jonathon Jacobson, which reported owning around 8.46 million shares of Dollar Tree Inc. (NASDAQ:DLTR) at the end of third quarter. Another investor holding big stake in Dollar Tree Inc. (NASDAQ:DLTR) is Viking Global, run by Andreas Halvorsen, which disclosed holding around 5.50 million shares of the company.

On the third spot is Sherwin-Williams Co (NYSE:SHW), a $26.2 billion market cap manufactured and developer of paint, coatings and related products to professional, industrial, commercial and retail customers in Americas. Rail-Splitter Capital Management revealed holding 38,275 shares, with a reported value of $10.3 million.

During the last six months, share price of Sherwin-Williams Co (NYSE:SHW) increase by over 28%, with the stock is currently trading at $271.95. For the full-year 2014, the company expects consolidated net sales to increase about 9% compared to full-year 2013. For the full-year 2015, the company expects consolidated net sales to increase 7%-11%, as compared to full year 2014. The anticipated diluted net income per common share for 2015 will be in the range of $10.65 to $10.85 per share.

Sherwin-Williams Co (NYSE:SHW) is also backed by Select Equity Group, led by Robert Joseph Caruso, which reported holding 1.45 million shares of the company at the end of September 2014. Chilton Investment Company, managed by Richard Chilton, revealed ownership of 445,933 shares of the company.

Disclosure: none