Aoris Investment Management disclosed it sold its stake in The Sherwin-Williams Company during the first quarter of 2026, citing weak paint volumes from sluggish US property sales and slow growth in industrial coatings due to a sluggish industrial economy. The firm stated that even though Sherwin-Williams continued to gain market share, it became concerned that the company's end markets are structurally slower growing. Aoris redeployed the capital into Cintas, which it described as a higher quality business available at a wider discount to fair value. Sherwin-Williams shares closed at $322.90 on June 23, 2026, with a market capitalization of $79.64 billion, and have lost 6.03% over the past 52 weeks.
Sherwin-Williams CoAoris sold stake citing weak paint volumes from sluggish US property sales and slow industrial coatings growth.
Cintas CorporationAoris redeployed capital into Cintas, describing it as a higher quality business at a wider discount to fair value.