Stanley Black & Decker, Inc. $SWK Shares Sold by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH trimmed its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 26.7% during the third quarter, Holdings Channel reports. The firm owned 129,153 shares of the industrial products company’s stock after selling 46,951 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Stanley Black & Decker were worth $9,600,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in SWK. Greenwood Capital Associates LLC boosted its position in shares of Stanley Black & Decker by 1.1% in the 3rd quarter. Greenwood Capital Associates LLC now owns 14,565 shares of the industrial products company’s stock worth $1,083,000 after buying an additional 159 shares in the last quarter. Allen Wealth Management LLC lifted its holdings in shares of Stanley Black & Decker by 0.9% in the second quarter. Allen Wealth Management LLC now owns 18,659 shares of the industrial products company’s stock valued at $1,264,000 after purchasing an additional 160 shares in the last quarter. D.A. Davidson & CO. grew its position in shares of Stanley Black & Decker by 2.4% in the second quarter. D.A. Davidson & CO. now owns 7,324 shares of the industrial products company’s stock valued at $496,000 after purchasing an additional 172 shares during the last quarter. Forum Financial Management LP increased its stake in shares of Stanley Black & Decker by 3.7% during the 2nd quarter. Forum Financial Management LP now owns 5,009 shares of the industrial products company’s stock worth $339,000 after purchasing an additional 178 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale lifted its stake in Stanley Black & Decker by 0.7% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 25,979 shares of the industrial products company’s stock valued at $1,766,000 after buying an additional 192 shares in the last quarter. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Stock Down 1.5%

SWK opened at $82.45 on Friday. Stanley Black & Decker, Inc. has a 12 month low of $53.91 and a 12 month high of $91.06. The business has a 50-day moving average of $75.01 and a two-hundred day moving average of $73.09. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.11 and a quick ratio of 0.35. The stock 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.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings data on Tuesday, November 4th. The industrial products company reported $1.43 earnings per share 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 prior year, the firm posted $1.22 EPS. The company’s revenue was up .1% on a year-over-year basis. Stanley Black & Decker has set its FY 2025 guidance at 4.550-4.650 EPS. On average, research analysts expect that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current year.

Stanley Black & Decker Dividend Announcement

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

Analysts Set New Price Targets

Several research firms have weighed in on SWK. Wells Fargo & Company raised their price target on Stanley Black & Decker from $75.00 to $82.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 14th. UBS Group dropped their price objective on Stanley Black & Decker from $105.00 to $98.00 and set a “buy” rating for the company in a research report on Monday, January 5th. Wall Street Zen lowered shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a report on Sunday, October 19th. Robert W. Baird lifted their price target on shares of Stanley Black & Decker from $75.00 to $85.00 and gave the stock a “neutral” rating in a report on Tuesday, December 23rd. Finally, Morgan Stanley set a $88.00 price objective on shares of Stanley Black & Decker in a research note on Monday, December 22nd. Five equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $87.33.

Stanley Black & Decker 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.