Stanley Black & Decker, Inc. $SWK Shares Sold by Pacer Advisors Inc.

Pacer Advisors Inc. trimmed its stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 48.6% during the 1st quarter, Holdings Channel reports. The fund owned 8,290 shares of the industrial products company’s stock after selling 7,834 shares during the quarter. Pacer Advisors Inc.’s holdings in Stanley Black & Decker were worth $589,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of SWK. New York Life Investment Management LLC lifted its stake in shares of Stanley Black & Decker by 67.5% in the 4th quarter. New York Life Investment Management LLC now owns 34,766 shares of the industrial products company’s stock valued at $2,582,000 after purchasing an additional 14,005 shares during the period. Arrowstreet Capital Limited Partnership purchased a new position in Stanley Black & Decker in the first quarter valued at $47,448,000. LBP AM SA purchased a new position in Stanley Black & Decker in the fourth quarter valued at $2,377,000. Danske Bank A S raised its position in shares of Stanley Black & Decker by 4,890.9% in the fourth quarter. Danske Bank A S now owns 49,909 shares of the industrial products company’s stock worth $3,707,000 after acquiring an additional 48,909 shares during the period. Finally, California State Teachers Retirement System boosted its stake in shares of Stanley Black & Decker by 22.3% during the 1st quarter. California State Teachers Retirement System now owns 178,974 shares of the industrial products company’s stock worth $12,718,000 after acquiring an additional 32,606 shares in the last quarter. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Weiss Ratings upgraded Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Wells Fargo & Company raised their price objective on Stanley Black & Decker from $80.00 to $90.00 and gave the company an “equal weight” rating in a report on Thursday, June 18th. Wall Street Zen raised Stanley Black & Decker from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 1st. Morgan Stanley set a $96.00 target price on Stanley Black & Decker in a research report on Monday. Finally, Robert W. Baird set a $84.00 price target on shares of Stanley Black & Decker in a research note on Thursday, April 30th. Four research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $91.56.

Stanley Black & Decker Price Performance

Stanley Black & Decker stock opened at $102.59 on Tuesday. The company has a current ratio of 1.43, a quick ratio of 0.55 and a debt-to-equity ratio of 0.53. The company has a 50-day moving average price of $89.29 and a 200 day moving average price of $81.97. Stanley Black & Decker, Inc. has a 12-month low of $61.90 and a 12-month high of $104.40. The stock has a market cap of $15.49 billion, a P/E ratio of 25.02, a PEG ratio of 1.42 and a beta of 1.16.

Stanley Black & Decker (NYSE:SWK) last posted its earnings results on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.36. The company had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.97 billion. Stanley Black & Decker had a net margin of 4.07% and a return on equity of 8.78%. Stanley Black & Decker’s revenue was up .4% on a year-over-year basis. During the same period in the previous year, the business posted $1.08 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Sell-side analysts anticipate that Stanley Black & Decker, Inc. will post 5.48 earnings per share for the current year.

Stanley Black & Decker Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th will be given a $0.84 dividend. The ex-dividend date is Tuesday, September 8th. This is a positive change from Stanley Black & Decker’s previous quarterly dividend of $0.83. This represents a $3.36 annualized dividend and a yield of 3.3%. Stanley Black & Decker’s dividend payout ratio (DPR) is currently 80.98%.

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.