ProShare Advisors LLC Sells 13,073 Shares of Stanley Black & Decker, Inc. $SWK

ProShare Advisors LLC lessened its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 0.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,335,884 shares of the industrial products company’s stock after selling 13,073 shares during the period. ProShare Advisors LLC’s holdings in Stanley Black & Decker were worth $173,509,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Massachusetts Financial Services Co. MA grew its position in shares of Stanley Black & Decker by 0.5% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,199,427 shares of the industrial products company’s stock valued at $237,813,000 after acquiring an additional 17,084 shares during the period. Capital Research Global Investors grew its position in shares of Stanley Black & Decker by 0.9% in the 3rd quarter. Capital Research Global Investors now owns 12,768,115 shares of the industrial products company’s stock valued at $949,050,000 after acquiring an additional 116,302 shares during the period. Mitsubishi UFJ Trust & Banking Corp grew its position in shares of Stanley Black & Decker by 704.0% in the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 30,184 shares of the industrial products company’s stock valued at $2,244,000 after acquiring an additional 26,430 shares during the period. Douglas Lane & Associates LLC grew its position in shares of Stanley Black & Decker by 47.4% in the 4th quarter. Douglas Lane & Associates LLC now owns 106,850 shares of the industrial products company’s stock valued at $7,937,000 after acquiring an additional 34,365 shares during the period. Finally, Neo Ivy Capital Management grew its position in shares of Stanley Black & Decker by 314.0% in the 3rd quarter. Neo Ivy Capital Management now owns 17,488 shares of the industrial products company’s stock valued at $1,300,000 after acquiring an additional 13,264 shares during the period. Institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Stock Performance

Shares of SWK stock opened at $75.45 on Tuesday. The company has a market capitalization of $11.73 billion, a price-to-earnings ratio of 30.92, a PEG ratio of 1.06 and a beta of 1.20. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.43 and a current ratio of 1.14. The company has a 50-day simple moving average of $73.35 and a 200 day simple moving average of $75.95. Stanley Black & Decker, Inc. has a 52 week low of $61.90 and a 52 week high of $93.37.

Stanley Black & Decker (NYSE:SWK) last announced its earnings results on Wednesday, April 29th. The industrial products company reported $0.80 EPS for the quarter, topping the consensus estimate of $0.61 by $0.19. The business had revenue of $3.85 billion during the quarter, compared to the consensus estimate of $3.75 billion. Stanley Black & Decker had a net margin of 2.44% and a return on equity of 7.95%. Stanley Black & Decker’s revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.75 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, sell-side analysts predict that Stanley Black & Decker, Inc. will post 5.3 earnings per share for the current year.

Stanley Black & Decker Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 23rd. Shareholders of record on Monday, June 8th will be issued 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 4.4%. Stanley Black & Decker’s payout ratio is currently 136.07%.

Wall Street Analyst Weigh In

SWK has been the subject of a number of analyst reports. Barclays decreased their price objective on shares of Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating for the company in a research report on Wednesday, April 1st. Argus raised shares of Stanley Black & Decker to a “hold” rating in a research report on Tuesday, February 10th. Wells Fargo & Company lifted their target price on shares of Stanley Black & Decker from $75.00 to $80.00 and gave the stock an “equal weight” rating in a report on Thursday, April 30th. 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, February 5th. Finally, Morgan Stanley lifted their target price on shares of Stanley Black & Decker from $80.00 to $87.00 and gave the stock an “equal weight” rating in a report on Monday, February 23rd. Four analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $87.67.

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.