Goldman Sachs Group Inc. Sells 286,089 Shares of Stanley Black & Decker, Inc. $SWK

Goldman Sachs Group Inc. cut its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 15.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,511,879 shares of the industrial products company’s stock after selling 286,089 shares during the period. Goldman Sachs Group Inc.’s holdings in Stanley Black & Decker were worth $112,302,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. GoalVest Advisory LLC bought a new stake in Stanley Black & Decker in the fourth quarter worth $26,000. Chapman Financial Group LLC bought a new stake in Stanley Black & Decker in the second quarter worth $26,000. CYBER HORNET ETFs LLC bought a new stake in Stanley Black & Decker in the second quarter worth $28,000. Sentry Investment Management LLC bought a new stake in Stanley Black & Decker in the third quarter worth $31,000. Finally, MUFG Securities EMEA plc bought a new stake in Stanley Black & Decker during the second quarter valued at about $31,000. 87.77% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

SWK has been the subject of a number of recent analyst reports. Wall Street Zen cut shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Argus upgraded shares of Stanley Black & Decker to a “hold” rating in a report on Tuesday, February 10th. Weiss Ratings restated a “hold (c)” rating on shares of Stanley Black & Decker in a report on Monday, April 20th. Barclays decreased their price target on shares of Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating for the company in a report on Wednesday, April 1st. Finally, Morgan Stanley decreased their price target on shares of Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating for the company in a report on Thursday, May 28th. Four research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Stanley Black & Decker currently has an average rating of “Hold” and a consensus target price of $87.33.

Stanley Black & Decker Stock Up 0.1%

Shares of SWK opened at $78.58 on Tuesday. The company has a 50-day simple moving average of $75.25 and a 200-day simple moving average of $77.07. The firm has a market capitalization of $12.22 billion, a P/E ratio of 32.20, a P/E/G ratio of 1.10 and a beta of 1.19. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.43 and a current ratio of 1.14. Stanley Black & Decker, Inc. has a 52 week low of $61.90 and a 52 week high of $93.37.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.19. The business had revenue of $3.85 billion during the quarter, compared to analyst estimates of $3.75 billion. Stanley Black & Decker had a net margin of 2.44% and a return on equity of 7.95%. The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.75 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, equities research analysts expect that Stanley Black & Decker, Inc. will post 5.32 earnings per share for the current year.

Stanley Black & Decker Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 23rd. Stockholders of record on Monday, June 8th will be given a dividend of $0.83 per share. The ex-dividend date of this dividend is Monday, June 8th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 4.2%. Stanley Black & Decker’s dividend payout ratio is currently 136.07%.

About Stanley Black & Decker

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.