Stanley Black & Decker, Inc. $SWK Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC reduced its stake in Stanley Black & Decker, Inc. (NYSE:SWK) by 71.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,216 shares of the industrial products company’s stock after selling 13,363 shares during the quarter. SG Americas Securities LLC’s holdings in Stanley Black & Decker were worth $388,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Stanley Black & Decker by 3.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,648 shares of the industrial products company’s stock valued at $1,203,000 after buying an additional 559 shares during the period. Empowered Funds LLC increased its stake in shares of Stanley Black & Decker by 8.2% during the first quarter. Empowered Funds LLC now owns 4,645 shares of the industrial products company’s stock worth $357,000 after acquiring an additional 353 shares during the period. Focus Partners Wealth raised its holdings in Stanley Black & Decker by 18.8% during the first quarter. Focus Partners Wealth now owns 6,981 shares of the industrial products company’s stock worth $537,000 after purchasing an additional 1,105 shares in the last quarter. Assenagon Asset Management S.A. acquired a new stake in Stanley Black & Decker in the second quarter valued at about $969,000. Finally, Farther Finance Advisors LLC boosted its holdings in Stanley Black & Decker by 41.0% in the 2nd quarter. Farther Finance Advisors LLC now owns 4,630 shares of the industrial products company’s stock valued at $314,000 after purchasing an additional 1,347 shares in the last quarter. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Analysts Set New Price Targets

SWK has been the subject of a number of analyst reports. Robert W. Baird increased their target price on Stanley Black & Decker from $75.00 to $85.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 23rd. Morgan Stanley set a $88.00 price objective on Stanley Black & Decker in a research report on Monday, December 22nd. Wells Fargo & Company raised their target price on Stanley Black & Decker from $75.00 to $82.00 and gave the company an “equal weight” rating in a report on Wednesday, January 14th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Wednesday. Finally, UBS Group reduced their price objective on shares of Stanley Black & Decker from $105.00 to $98.00 and set a “buy” rating for the company in a research note on Monday, January 5th. Five analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $87.33.

Stanley Black & Decker Stock Down 1.5%

Stanley Black & Decker stock opened at $82.45 on Monday. Stanley Black & Decker, Inc. has a fifty-two week low of $53.91 and a fifty-two week high of $91.06. The firm has a market capitalization of $12.77 billion, a price-to-earnings ratio of 28.53, a price-to-earnings-growth ratio of 1.13 and a beta of 1.20. The stock’s fifty day moving average is $75.01 and its two-hundred day moving average is $73.09. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.35 and a current ratio of 1.11.

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

Stanley Black & Decker Dividend Announcement

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

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.