UMB Bank n.a. Has $127,000 Stock Position in Stanley Black & Decker, Inc. $SWK

UMB Bank n.a. boosted its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 43.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,869 shares of the industrial products company’s stock after buying an additional 563 shares during the quarter. UMB Bank n.a.’s holdings in Stanley Black & Decker were worth $127,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Golden State Wealth Management LLC increased its stake in Stanley Black & Decker by 1,138.5% during the first quarter. Golden State Wealth Management LLC now owns 322 shares of the industrial products company’s stock valued at $25,000 after acquiring an additional 296 shares during the period. 1248 Management LLC acquired a new stake in shares of Stanley Black & Decker during the 1st quarter worth approximately $26,000. Hanson & Doremus Investment Management bought a new stake in shares of Stanley Black & Decker during the first quarter valued at approximately $31,000. TD Private Client Wealth LLC raised its stake in shares of Stanley Black & Decker by 830.4% in the first quarter. TD Private Client Wealth LLC now owns 428 shares of the industrial products company’s stock valued at $33,000 after purchasing an additional 382 shares in the last quarter. Finally, Garde Capital Inc. increased its holdings in Stanley Black & Decker by 160.5% in the 2nd quarter. Garde Capital Inc. now owns 521 shares of the industrial products company’s stock valued at $35,000 after buying an additional 321 shares during the period. 87.77% of the stock is currently owned by institutional investors.

Stanley Black & Decker Trading Down 0.2%

SWK opened at $75.12 on Thursday. The firm has a 50 day simple moving average of $73.75 and a 200 day simple moving average of $69.94. Stanley Black & Decker, Inc. has a fifty-two week low of $53.91 and a fifty-two week high of $110.88. The company has a market cap of $11.63 billion, a price-to-earnings ratio of 23.85, a price-to-earnings-growth ratio of 1.65 and a beta of 1.16. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.04 and a quick ratio of 0.34.

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

Stanley Black & Decker Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were issued a dividend of $0.83 per share. The ex-dividend date 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 dividend on an annualized basis and a dividend yield of 4.4%. Stanley Black & Decker’s dividend payout ratio (DPR) is 105.40%.

Analyst Ratings Changes

Several analysts recently commented on the company. Wall Street Zen lowered Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Saturday, July 26th. Jefferies Financial Group set a $86.00 target price on shares of Stanley Black & Decker and gave the stock a “buy” rating in a report on Monday, August 18th. Robert W. Baird lifted their price target on shares of Stanley Black & Decker from $65.00 to $78.00 and gave the company a “neutral” rating in a report on Tuesday, July 22nd. Wells Fargo & Company boosted their target price on Stanley Black & Decker from $70.00 to $75.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 30th. Finally, Barclays dropped their price target on Stanley Black & Decker from $90.00 to $89.00 and set an “overweight” rating for the company in a report on Wednesday, July 30th. Five analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Stanley Black & Decker presently has an average rating of “Hold” and a consensus target price of $89.40.

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.