Alps Advisors Inc. Has $23.51 Million Stake in Stanley Black & Decker, Inc. $SWK

Alps Advisors Inc. trimmed its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 12.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 316,258 shares of the industrial products company’s stock after selling 43,858 shares during the period. Alps Advisors Inc. owned about 0.20% of Stanley Black & Decker worth $23,507,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank bought a new stake in shares of Stanley Black & Decker in the 2nd quarter worth approximately $107,111,000. Schroder Investment Management Group increased its position in Stanley Black & Decker by 129.5% in the second quarter. Schroder Investment Management Group now owns 1,753,050 shares of the industrial products company’s stock worth $118,769,000 after buying an additional 989,032 shares during the last quarter. ProShare Advisors LLC raised its stake in shares of Stanley Black & Decker by 38.8% in the second quarter. ProShare Advisors LLC now owns 2,723,331 shares of the industrial products company’s stock valued at $184,506,000 after buying an additional 761,191 shares during the period. Balyasny Asset Management L.P. purchased a new position in shares of Stanley Black & Decker during the 2nd quarter valued at $36,003,000. Finally, Clean Energy Transition LLP grew its stake in shares of Stanley Black & Decker by 30.0% during the 2nd quarter. Clean Energy Transition LLP now owns 1,785,462 shares of the industrial products company’s stock worth $120,965,000 after acquiring an additional 412,029 shares during the period. 87.77% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Barclays reaffirmed an “overweight” rating and issued a $100.00 price objective on shares of Stanley Black & Decker in a report on Thursday. UBS Group cut their price target on Stanley Black & Decker from $105.00 to $98.00 and set a “buy” rating for the company in a report on Monday, January 5th. Robert W. Baird boosted their price objective on Stanley Black & Decker from $75.00 to $85.00 and gave the company a “neutral” rating in a research note on Tuesday, December 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of Stanley Black & Decker in a report on Wednesday, January 21st. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $84.00 target price on shares of Stanley Black & Decker in a report on Thursday. Five research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $87.00.

Stanley Black & Decker Stock Performance

Shares of NYSE SWK opened at $89.56 on Friday. The stock’s 50-day moving average is $77.99 and its 200 day moving average is $73.83. The stock has a market cap of $13.87 billion, a price-to-earnings ratio of 33.80, a P/E/G ratio of 1.25 and a beta of 1.21. Stanley Black & Decker, Inc. has a 1-year low of $53.91 and a 1-year high of $90.82. The company has a current ratio of 1.14, a quick ratio of 0.35 and a debt-to-equity ratio of 0.52.

Stanley Black & Decker (NYSE:SWK) last posted its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $1.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.27 by $0.14. Stanley Black & Decker had a net margin of 2.66% and a return on equity of 7.90%. The business had revenue of $3.68 billion during the quarter, compared to analyst estimates of $3.78 billion. During the same period in the prior year, the business posted $1.49 earnings per share. The company’s revenue was down 1.0% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, sell-side analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 EPS for the current fiscal year.

Stanley Black & Decker Company Profile

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.