Czech National Bank Has $2.56 Million Stock Holdings in Stanley Black & Decker, Inc. $SWK

Czech National Bank lifted its stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 6.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 37,817 shares of the industrial products company’s stock after purchasing an additional 2,408 shares during the period. Czech National Bank’s holdings in Stanley Black & Decker were worth $2,562,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of SWK. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Stanley Black & Decker by 4.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,089 shares of the industrial products company’s stock valued at $1,211,000 after purchasing an additional 657 shares in the last quarter. Tidal Investments LLC lifted its position in shares of Stanley Black & Decker by 42.0% during the 4th quarter. Tidal Investments LLC now owns 15,115 shares of the industrial products company’s stock worth $1,214,000 after purchasing an additional 4,467 shares during the last quarter. Vident Advisory LLC lifted its position in shares of Stanley Black & Decker by 2.7% during the 4th quarter. Vident Advisory LLC now owns 15,782 shares of the industrial products company’s stock worth $1,267,000 after purchasing an additional 419 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Stanley Black & Decker by 13.0% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,057,754 shares of the industrial products company’s stock valued at $84,927,000 after acquiring an additional 121,461 shares in the last quarter. Finally, Public Employees Retirement System of Ohio raised its holdings in Stanley Black & Decker by 0.9% in the 4th quarter. Public Employees Retirement System of Ohio now owns 56,349 shares of the industrial products company’s stock valued at $4,524,000 after acquiring an additional 530 shares in the last quarter. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on SWK. Wolfe Research upgraded Stanley Black & Decker from an “underperform” rating to a “peer perform” rating in a research note on Tuesday, July 8th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $80.00 price objective on shares of Stanley Black & Decker in a research note on Wednesday, July 30th. Robert W. Baird increased their price target on Stanley Black & Decker from $65.00 to $78.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 22nd. Wells Fargo & Company increased their price target on Stanley Black & Decker from $70.00 to $75.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 30th. Finally, Wall Street Zen lowered Stanley Black & Decker from a “buy” rating to a “hold” rating in a research report on Saturday, July 26th. Five investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $89.40.

Stanley Black & Decker Stock Down 3.4%

SWK opened at $76.64 on Friday. Stanley Black & Decker, Inc. has a 12 month low of $53.91 and a 12 month high of $110.88. The company has a current ratio of 1.04, a quick ratio of 0.34 and a debt-to-equity ratio of 0.52. The company has a market cap of $11.86 billion, a PE ratio of 24.33, a price-to-earnings-growth ratio of 1.75 and a beta of 1.16. The company has a 50 day moving average of $73.46 and a 200 day moving average of $70.17.

Stanley Black & Decker (NYSE:SWK) last posted its earnings results on Tuesday, July 29th. The industrial products company reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.70. The business had revenue of $3.95 billion for the quarter, compared to analysts’ expectations of $4.01 billion. Stanley Black & Decker had a net margin of 3.15% and a return on equity of 7.76%. The business’s revenue for the quarter was down 6.2% compared to the same quarter last year. During the same period in the prior year, the company posted $1.09 EPS. Stanley Black & Decker has set its FY 2025 guidance at 4.550-4.750 EPS. On average, sell-side analysts expect that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were issued a dividend of $0.83 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This is a positive change from Stanley Black & Decker’s previous quarterly dividend of $0.82. This represents a $3.32 annualized dividend and a dividend yield of 4.3%. Stanley Black & Decker’s dividend payout ratio is presently 105.40%.

Stanley Black & Decker Profile

Stanley Black & Decker, Inc engages in the provision of power and hand tools, and related accessories, products, services and equipment for oil and gas, infrastructure applications, commercial electronic security and monitoring systems, healthcare solutions, and mechanical access solutions. It operates through the Tools and Outdoor and Industrial segments.