Bcwm LLC cut its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK – Free Report) by 23.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 108,096 shares of the industrial products company’s stock after selling 34,019 shares during the quarter. Stanley Black & Decker comprises 2.4% of Bcwm LLC’s portfolio, making the stock its 17th biggest position. Bcwm LLC owned about 0.07% of Stanley Black & Decker worth $8,035,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of Stanley Black & Decker by 0.5% during the 2nd quarter. Vanguard Group Inc. now owns 18,663,999 shares of the industrial products company’s stock worth $1,264,486,000 after purchasing an additional 91,016 shares during the period. Capital Research Global Investors raised its holdings in Stanley Black & Decker by 0.9% in the third quarter. Capital Research Global Investors now owns 12,768,115 shares of the industrial products company’s stock valued at $949,050,000 after buying an additional 116,302 shares during the period. State Street Corp lifted its position in Stanley Black & Decker by 2.3% during the second quarter. State Street Corp now owns 9,423,438 shares of the industrial products company’s stock valued at $638,438,000 after buying an additional 215,960 shares in the last quarter. Ameriprise Financial Inc. grew its stake in Stanley Black & Decker by 49.5% during the third quarter. Ameriprise Financial Inc. now owns 4,379,653 shares of the industrial products company’s stock worth $325,541,000 after buying an additional 1,450,170 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in shares of Stanley Black & Decker by 11.7% in the third quarter. Dimensional Fund Advisors LP now owns 4,329,175 shares of the industrial products company’s stock worth $321,781,000 after acquiring an additional 452,398 shares in the last quarter. 87.77% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several equities analysts recently weighed in on SWK shares. Barclays restated an “overweight” rating and set a $100.00 target price on shares of Stanley Black & Decker in a report on Thursday, February 5th. Wells Fargo & Company raised their price objective on Stanley Black & Decker from $75.00 to $82.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 14th. Argus upgraded Stanley Black & Decker to a “hold” rating in a research note on Tuesday, February 10th. Robert W. Baird increased their target price on Stanley Black & Decker from $75.00 to $85.00 and gave the company a “neutral” rating in a research note on Tuesday, December 23rd. Finally, UBS Group reduced their price target on Stanley Black & Decker from $105.00 to $98.00 and set a “buy” rating on the stock in a research report on Monday, January 5th. Four analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $86.89.
Stanley Black & Decker Stock Performance
Shares of SWK stock opened at $70.08 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.14 and a quick ratio of 0.35. The company’s fifty day moving average price is $83.18 and its two-hundred day moving average price is $75.95. The firm has a market capitalization of $10.88 billion, a P/E ratio of 26.44, a P/E/G ratio of 1.01 and a beta of 1.18. Stanley Black & Decker, Inc. has a 12 month low of $53.91 and a 12 month high of $93.37.
Stanley Black & Decker (NYSE:SWK – Get Free Report) last announced its earnings results on Wednesday, February 4th. The industrial products company reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.27 by $0.14. Stanley Black & Decker had a return on equity of 7.90% and a net margin of 2.66%.The company had revenue of $3.68 billion during the quarter, compared to the consensus estimate of $3.78 billion. During the same period last year, the firm earned $1.49 earnings per share. The company’s revenue was down 1.0% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, research analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current fiscal year.
Stanley Black & Decker Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th will be paid a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 4.7%. The ex-dividend date is Tuesday, March 10th. Stanley Black & Decker’s dividend payout ratio is 125.28%.
Stanley Black & Decker Profile
Stanley Black & Decker, Inc (NYSE:SWK) is a leading global manufacturer of industrial tools, engineered fastening systems, and security products. The company’s portfolio includes power tools, hand tools, accessories, and storage solutions marketed under well-known brands such as DEWALT, Stanley, Craftsman and Black & Decker. In addition to its core tools and hardware offerings, the company provides customized assembly and installation systems for the automotive, electronics and aerospace industries.
Operations are organized across three principal business segments.
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