Vanguard Group Inc. Sells 72,528 Shares of Stanley Black & Decker, Inc. $SWK

Vanguard Group Inc. decreased its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 0.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 18,154,948 shares of the industrial products company’s stock after selling 72,528 shares during the quarter. Vanguard Group Inc. owned 0.12% of Stanley Black & Decker worth $1,348,550,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Stanley Black & Decker by 3.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,648 shares of the industrial products company’s stock worth $1,203,000 after buying an additional 559 shares during the last quarter. Empowered Funds LLC boosted its holdings in shares of Stanley Black & Decker by 8.2% in the 1st 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 in the last quarter. Focus Partners Wealth boosted its holdings in shares of Stanley Black & Decker by 18.8% in the 1st quarter. Focus Partners Wealth now owns 6,981 shares of the industrial products company’s stock worth $537,000 after acquiring an additional 1,105 shares in the last quarter. CW Advisors LLC bought a new stake in Stanley Black & Decker during the 2nd quarter worth approximately $249,000. Finally, EverSource Wealth Advisors LLC increased its holdings in Stanley Black & Decker by 53.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 989 shares of the industrial products company’s stock valued at $67,000 after purchasing an additional 345 shares in the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on SWK shares. The Goldman Sachs Group reissued a “neutral” rating and issued a $84.00 price objective on shares of Stanley Black & Decker in a research note on Thursday, February 5th. Morgan Stanley lifted their price target on Stanley Black & Decker from $80.00 to $87.00 and gave the company an “equal weight” rating in a report on Monday, February 23rd. Robert W. Baird set a $84.00 price target on shares of Stanley Black & Decker in a research report on Thursday. Barclays dropped their price target on shares of Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating for the company in a research note on Wednesday, April 1st. Finally, Wall Street Zen cut shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Sunday, March 29th. Four investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Stanley Black & Decker currently has a consensus rating of “Hold” and a consensus target price of $86.00.

Stanley Black & Decker Trading Up 3.1%

NYSE:SWK opened at $78.27 on Friday. 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, Inc. has a 1-year low of $58.23 and a 1-year high of $93.37. The firm has a market capitalization of $12.15 billion, a price-to-earnings ratio of 32.08, a PEG ratio of 1.09 and a beta of 1.20. The business’s 50-day moving average price is $74.71 and its two-hundred day moving average price is $75.21.

Stanley Black & Decker (NYSE:SWK) last posted its earnings results on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.19. The company had revenue of $3.85 billion during the quarter, compared to analyst estimates of $3.75 billion. Stanley Black & Decker had a return on equity of 7.95% and a net margin of 2.44%.The company’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.75 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, equities analysts expect that Stanley Black & Decker, Inc. will post 5.22 earnings per share for the current year.

Stanley Black & Decker Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 23rd. Shareholders of record on Monday, June 8th will be paid a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend is Monday, June 8th. Stanley Black & Decker’s dividend payout ratio is presently 136.07%.

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.