Pacer Advisors Inc. Sells 7,834 Shares of Stanley Black & Decker, Inc. $SWK

Pacer Advisors Inc. lowered its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 48.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,290 shares of the industrial products company’s stock after selling 7,834 shares during the period. Pacer Advisors Inc.’s holdings in Stanley Black & Decker were worth $589,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in SWK. Cardinal Point Capital Management ULC increased its position in Stanley Black & Decker by 2.7% during the 4th quarter. Cardinal Point Capital Management ULC now owns 4,800 shares of the industrial products company’s stock valued at $357,000 after purchasing an additional 125 shares during the period. Crossmark Global Holdings Inc. boosted its stake in shares of Stanley Black & Decker by 2.8% during the fourth quarter. Crossmark Global Holdings Inc. now owns 4,606 shares of the industrial products company’s stock valued at $342,000 after purchasing an additional 126 shares in the last quarter. Boothbay Fund Management LLC boosted its stake in shares of Stanley Black & Decker by 4.0% during the fourth quarter. Boothbay Fund Management LLC now owns 3,471 shares of the industrial products company’s stock valued at $258,000 after purchasing an additional 132 shares in the last quarter. Bessemer Group Inc. increased its holdings in Stanley Black & Decker by 1.5% during the first quarter. Bessemer Group Inc. now owns 9,223 shares of the industrial products company’s stock valued at $654,000 after buying an additional 134 shares during the period. Finally, Assetmark Inc. boosted its position in Stanley Black & Decker by 19.9% during the 1st quarter. Assetmark Inc. now owns 880 shares of the industrial products company’s stock valued at $63,000 after acquiring an additional 146 shares in the last quarter. 87.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently commented on SWK. Weiss Ratings raised Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. JPMorgan Chase & Co. raised their price objective on Stanley Black & Decker from $65.00 to $75.00 and gave the company an “underweight” rating in a research report on Friday, May 1st. The Goldman Sachs Group reiterated a “neutral” rating and issued a $93.00 target price on shares of Stanley Black & Decker in a report on Wednesday, July 29th. Robert W. Baird set a $84.00 price target on shares of Stanley Black & Decker in a research report on Thursday, April 30th. Finally, Wells Fargo & Company lifted their price objective on shares of Stanley Black & Decker from $80.00 to $90.00 and gave the stock an “equal weight” rating in a research report on Thursday, June 18th. Four investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $91.56.

Stanley Black & Decker Stock Down 1.3%

Stanley Black & Decker stock opened at $102.59 on Tuesday. The business’s 50-day simple moving average is $89.29 and its two-hundred day simple moving average is $81.97. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.55 and a current ratio of 1.43. The company has a market cap of $15.49 billion, a PE ratio of 25.02, a PEG ratio of 1.42 and a beta of 1.16. Stanley Black & Decker, Inc. has a fifty-two week low of $61.90 and a fifty-two week high of $104.40.

Stanley Black & Decker (NYSE:SWK) last released its earnings results on Wednesday, July 29th. The industrial products company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.21 by $0.36. Stanley Black & Decker had a return on equity of 8.78% and a net margin of 4.07%.The firm had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.97 billion. During the same quarter in the previous year, the company posted $1.08 earnings per share. The company’s revenue was up .4% compared to the same quarter last year. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Equities analysts anticipate that Stanley Black & Decker, Inc. will post 5.48 EPS 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. Stockholders of record on Tuesday, September 8th will be issued a $0.84 dividend. This is an increase from Stanley Black & Decker’s previous quarterly dividend of $0.83. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $3.36 annualized dividend and a dividend yield of 3.3%. Stanley Black & Decker’s payout ratio 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.