Stanley Black & Decker, Inc. $SWK Shares Sold by Signaturefd LLC

Signaturefd LLC lowered its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 59.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 678 shares of the industrial products company’s stock after selling 976 shares during the quarter. Signaturefd LLC’s holdings in Stanley Black & Decker were worth $46,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Ameriprise Financial Inc. lifted its holdings in Stanley Black & Decker by 59.8% in the first quarter. Ameriprise Financial Inc. now owns 3,541,878 shares of the industrial products company’s stock valued at $272,294,000 after acquiring an additional 1,326,113 shares during the period. Massachusetts Financial Services Co. MA lifted its holdings in Stanley Black & Decker by 0.7% in the first quarter. Massachusetts Financial Services Co. MA now owns 3,119,211 shares of the industrial products company’s stock valued at $239,805,000 after acquiring an additional 20,742 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Stanley Black & Decker by 29.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,621,127 shares of the industrial products company’s stock worth $201,497,000 after buying an additional 601,667 shares during the last quarter. Northern Trust Corp raised its stake in shares of Stanley Black & Decker by 9.2% during the 1st quarter. Northern Trust Corp now owns 1,571,420 shares of the industrial products company’s stock worth $120,811,000 after buying an additional 132,509 shares during the last quarter. Finally, Clean Energy Transition LLP raised its stake in shares of Stanley Black & Decker by 85.2% during the 1st quarter. Clean Energy Transition LLP now owns 1,373,433 shares of the industrial products company’s stock worth $105,590,000 after buying an additional 632,029 shares during the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.

Stanley Black & Decker Trading Down 1.3%

Stanley Black & Decker stock opened at $74.46 on Tuesday. The stock has a market cap of $11.53 billion, a PE ratio of 23.64, a P/E/G ratio of 1.56 and a beta of 1.19. The stock has a 50-day moving average price of $74.05 and a 200 day moving average price of $69.36. Stanley Black & Decker, Inc. has a 52 week low of $53.91 and a 52 week high of $109.91. The company has a current ratio of 1.04, a quick ratio of 0.34 and a debt-to-equity ratio of 0.52.

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

Stanley Black & Decker Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were issued a $0.83 dividend. This is a positive change from Stanley Black & Decker’s previous quarterly dividend of $0.82. The ex-dividend date was Tuesday, September 2nd. This represents a $3.32 annualized dividend and a yield of 4.5%. Stanley Black & Decker’s dividend payout ratio (DPR) is presently 105.40%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on SWK. Robert W. Baird lifted their price target on Stanley Black & Decker from $65.00 to $78.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 22nd. Jefferies Financial Group set a $86.00 price target on Stanley Black & Decker and gave the stock a “buy” rating in a research note on Monday, August 18th. Wolfe Research raised Stanley Black & Decker from an “underperform” rating to a “peer perform” rating in a research note on Tuesday, July 8th. Wall Street Zen downgraded Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Saturday, July 26th. Finally, Wells Fargo & Company lifted their price target on Stanley Black & Decker from $75.00 to $80.00 and gave the stock an “equal weight” rating in a research note on Monday. Five research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $89.90.

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.