12,628 Shares in Stanley Black & Decker, Inc. $SWK Acquired by Tred Avon Family Wealth LLC

Tred Avon Family Wealth LLC purchased a new position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,628 shares of the industrial products company’s stock, valued at approximately $939,000.

Other institutional investors also recently made changes to their positions in the company. Vest Financial LLC grew its stake in shares of Stanley Black & Decker by 46.4% in the second quarter. Vest Financial LLC now owns 903,163 shares of the industrial products company’s stock valued at $61,189,000 after buying an additional 286,331 shares in the last quarter. Baird Financial Group Inc. boosted its holdings in Stanley Black & Decker by 773.1% in the 2nd quarter. Baird Financial Group Inc. now owns 53,278 shares of the industrial products company’s stock worth $3,610,000 after acquiring an additional 47,176 shares during the period. ProShare Advisors LLC raised its stake in shares of Stanley Black & Decker by 38.8% during the second quarter. ProShare Advisors LLC now owns 2,723,331 shares of the industrial products company’s stock valued at $184,506,000 after purchasing an additional 761,191 shares during the period. Godsey & Gibb Inc. lifted its position in shares of Stanley Black & Decker by 14.6% during the third quarter. Godsey & Gibb Inc. now owns 212,480 shares of the industrial products company’s stock worth $15,794,000 after purchasing an additional 27,140 shares in the last quarter. Finally, Osaic Holdings Inc. grew its holdings in Stanley Black & Decker by 48.1% during the 2nd quarter. Osaic Holdings Inc. now owns 44,816 shares of the industrial products company’s stock valued at $3,038,000 after purchasing an additional 14,550 shares in the last quarter. 87.77% of the stock is owned by hedge funds and other institutional investors.

Stanley Black & Decker Price Performance

Shares of SWK opened at $84.57 on Friday. Stanley Black & Decker, Inc. has a 52 week low of $53.91 and a 52 week high of $91.06. The company has a current ratio of 1.11, a quick ratio of 0.35 and a debt-to-equity ratio of 0.52. The firm has a market cap of $13.10 billion, a price-to-earnings ratio of 29.26, a PEG ratio of 1.16 and a beta of 1.20. The stock has a 50 day moving average of $73.44 and a 200-day moving average of $72.67.

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 (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.24. Stanley Black & Decker had a return on equity of 8.10% and a net margin of 2.89%.The firm had revenue of $3.76 billion for the quarter, compared to analysts’ expectations of $3.77 billion. During the same period last year, the business posted $1.22 earnings per share. The firm’s revenue for the quarter was up .1% on a year-over-year basis. Stanley Black & Decker has set its FY 2025 guidance at 4.550-4.650 EPS. As a group, analysts forecast that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 16th. Investors of record on Monday, December 1st were paid a dividend of $0.83 per share. The ex-dividend date was Monday, December 1st. This represents a $3.32 annualized dividend and a yield of 3.9%. Stanley Black & Decker’s dividend payout ratio is 114.88%.

Wall Street Analysts Forecast Growth

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

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.