20,936 Shares in Stanley Black & Decker, Inc. $SWK Bought by Blackhawk Capital Partners LLC

Blackhawk Capital Partners LLC purchased a new stake in Stanley Black & Decker, Inc. (NYSE:SWK) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 20,936 shares of the industrial products company’s stock, valued at approximately $1,556,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. PFG Investments LLC lifted its stake in Stanley Black & Decker by 19.1% in the third quarter. PFG Investments LLC now owns 4,967 shares of the industrial products company’s stock worth $369,000 after acquiring an additional 798 shares during the last quarter. Y Intercept Hong Kong Ltd lifted its position in shares of Stanley Black & Decker by 94.8% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 42,229 shares of the industrial products company’s stock worth $3,139,000 after purchasing an additional 20,555 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp increased its holdings in Stanley Black & Decker by 704.0% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 30,184 shares of the industrial products company’s stock valued at $2,244,000 after buying an additional 26,430 shares during the last quarter. UniSuper Management Pty Ltd raised its position in shares of Stanley Black & Decker by 3.9% during the 3rd quarter. UniSuper Management Pty Ltd now owns 26,340 shares of the industrial products company’s stock worth $1,958,000 after acquiring an additional 996 shares in the last quarter. Finally, Rakuten Investment Management Inc. acquired a new stake in Stanley Black & Decker during the third quarter worth approximately $671,000. 87.77% of the stock is owned by institutional investors and hedge funds.

Stanley Black & Decker Trading Down 1.5%

Shares of SWK stock opened at $82.45 on Friday. The business’s fifty day moving average price is $75.01 and its 200 day moving average price is $73.08. The firm has a market capitalization of $12.77 billion, a PE ratio of 28.53, a P/E/G ratio of 1.15 and a beta of 1.20. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.11 and a quick ratio of 0.35. Stanley Black & Decker, Inc. has a 1-year low of $53.91 and a 1-year high of $91.06.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings results on Tuesday, November 4th. The industrial products company reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.24. The business had revenue of $3.76 billion for the quarter, compared to analysts’ expectations of $3.77 billion. Stanley Black & Decker had a return on equity of 8.10% and a net margin of 2.89%.The company’s revenue was up .1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.22 EPS. Stanley Black & Decker has set its FY 2025 guidance at 4.550-4.650 EPS. As a group, sell-side analysts forecast that Stanley Black & Decker, Inc. will post 5.16 EPS for the current fiscal year.

Stanley Black & Decker Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 16th. Shareholders of record on Monday, December 1st were given a dividend of $0.83 per share. The ex-dividend date was Monday, December 1st. This represents a $3.32 dividend on an annualized basis and a yield of 4.0%. Stanley Black & Decker’s payout ratio is presently 114.88%.

Analyst Ratings Changes

A number of analysts have recently commented on SWK shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Stanley Black & Decker in a research report on Wednesday. Robert W. Baird raised their price target on Stanley Black & Decker from $75.00 to $85.00 and gave the stock a “neutral” rating in a report on Tuesday, December 23rd. Wells Fargo & Company upped their price objective on Stanley Black & Decker from $75.00 to $82.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 14th. Wall Street Zen lowered Stanley Black & Decker from a “buy” rating to a “hold” rating in a report on Sunday, October 19th. Finally, UBS Group lowered their price objective on shares of 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. Five analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $87.33.

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.