Stanley Black & Decker, Inc. $SWK Shares Sold by UBS Group AG

UBS Group AG lessened its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWKFree Report) by 17.1% during the fourth quarter, HoldingsChannel reports. The fund owned 1,323,986 shares of the industrial products company’s stock after selling 273,062 shares during the period. UBS Group AG’s holdings in Stanley Black & Decker were worth $98,346,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ameriprise Financial Inc. grew its holdings in shares of Stanley Black & Decker by 49.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,379,653 shares of the industrial products company’s stock worth $325,541,000 after acquiring an additional 1,450,170 shares during the period. Freestone Grove Partners LP acquired a new stake in shares of Stanley Black & Decker in the 3rd quarter worth approximately $95,602,000. Strive Asset Management LLC acquired a new stake in shares of Stanley Black & Decker in the 3rd quarter worth approximately $78,480,000. Clean Energy Transition LLP grew its holdings in shares of Stanley Black & Decker by 56.8% in the 3rd quarter. Clean Energy Transition LLP now owns 2,799,218 shares of the industrial products company’s stock worth $208,066,000 after acquiring an additional 1,013,756 shares during the period. Finally, Schroder Investment Management Group grew its holdings in shares of Stanley Black & Decker by 51.0% in the 3rd quarter. Schroder Investment Management Group now owns 2,647,173 shares of the industrial products company’s stock worth $196,764,000 after acquiring an additional 894,123 shares during the period. Institutional investors and hedge funds own 87.77% of the company’s stock.

More Stanley Black & Decker News

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Stanley Black & Decker Price Performance

SWK stock opened at $78.56 on Friday. Stanley Black & Decker, Inc. has a 1 year low of $58.23 and a 1 year high of $93.37. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.35 and a current ratio of 1.14. The stock’s 50 day moving average price is $74.71 and its 200 day moving average price is $75.28. The firm has a market cap of $12.20 billion, a P/E ratio of 32.20, a PEG ratio of 1.13 and a beta of 1.20.

Stanley Black & Decker (NYSE:SWKGet Free Report) last posted its earnings results on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.19. Stanley Black & Decker had a return on equity of 7.95% and a net margin of 2.44%.The firm had revenue of $3.85 billion for the quarter, compared to analyst estimates of $3.75 billion. During the same quarter in the prior year, the company earned $0.75 EPS. Stanley Black & Decker’s revenue was up 2.7% 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 expect that Stanley Black & Decker, Inc. will post 5.26 earnings per share for the current fiscal year.

Stanley Black & Decker Announces Dividend

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

Analysts Set New Price Targets

A number of research firms recently weighed in on SWK. Weiss Ratings restated a “hold (c)” rating on shares of Stanley Black & Decker in a report on Monday, April 20th. JPMorgan Chase & Co. upped their price target on Stanley Black & Decker from $65.00 to $75.00 and gave the stock an “underweight” rating in a report on Friday. Robert W. Baird set a $84.00 price target on Stanley Black & Decker in a report on Thursday. Argus upgraded Stanley Black & Decker to a “hold” rating in a report on Tuesday, February 10th. Finally, Citigroup upped their price target on Stanley Black & Decker from $90.00 to $100.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Four 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. Based on data from MarketBeat.com, Stanley Black & Decker presently has an average rating of “Hold” and an average price target of $87.67.

View Our Latest Report on Stanley Black & Decker

Stanley Black & Decker Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Stanley Black & Decker (NYSE:SWK)

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