Top 5 Stock Picks of Billionaire Richard Chilton

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

Chilton Investment Company’s Stake Value: $412,046,000

Percentage of Chilton Investment Company’s 13F Portfolio: 8.65%

Number of Hedge Fund Holders: 53

The Sherwin-Williams Company (NYSE:SHW) is an Ohio-based company that manufactures and distributes paints and coatings to professional, industrial, commercial, and retail customers. Richard Chilton’s hedge fund boosted its stake in The Sherwin-Williams Company (NYSE:SHW) by 2% in Q4 2021, holding 1.17 million shares worth $412 million. The stock represents 8.65% of the total 13F portfolio and it is the biggest position of the billionaire. 

On April 28, Deutsche Bank analyst David Begleiter reiterated a Buy recommendation on The Sherwin-Williams Company (NYSE:SHW) but lowered the firm’s price target on the stock to $315 from $330 following the “solid” Q1 results.

The Sherwin-Williams Company (NYSE:SHW) reported Q1 earnings on April 26, posting an EPS of $1.61, beating market estimates by $0.08. The $5 billion revenue grew 7.36% year-over-year and surpassed analysts’ forecasts by $81 million. 

According to Insider Monkey’s fourth quarter database, 53 hedge funds were bullish on The Sherwin-Williams Company (NYSE:SHW), up from 44 funds in the preceding quarter. Thomas Steyer’s Farallon Capital is a significant shareholder of the company, with 951,068 shares worth approximately $335 million.

You ca also take a look at 10 Best Stocks to Buy Now According to Billionaire Nicholas Pritzker’s Tao Capital and 10 Best Stocks to Buy Now According to Billionaire David Harding.

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