Flputnam Investment Management Co. Invests $1.70 Million in Stanley Black & Decker, Inc. $SWK

Flputnam Investment Management Co. bought a new stake in Stanley Black & Decker, Inc. (NYSE:SWK) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 22,911 shares of the industrial products company’s stock, valued at approximately $1,703,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. 1248 Management LLC purchased a new stake in Stanley Black & Decker in the 1st quarter valued at about $26,000. Princeton Global Asset Management LLC bought a new position in shares of Stanley Black & Decker in the second quarter valued at approximately $25,000. Chapman Financial Group LLC purchased a new stake in shares of Stanley Black & Decker during the second quarter valued at approximately $26,000. CYBER HORNET ETFs LLC bought a new stake in Stanley Black & Decker during the second quarter worth $28,000. Finally, MUFG Securities EMEA plc purchased a new position in Stanley Black & Decker in the second quarter worth $31,000. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

More Stanley Black & Decker News

Here are the key news stories impacting Stanley Black & Decker this week:

• Positive Sentiment: All-cash sale of CAM for ~$1.8 billion provides immediate liquidity that Stanley Black & Decker can use to pay down debt and improve leverage, which is a clear near-term balance-sheet positive. PR Newswire Sale Announcement
• Positive Sentiment: Market commentary suggests the deal reduces investor fears of a dividend cut by demonstrating a path to de-levering and preserving cash flow for shareholder returns. Fool: Dividend Reaction
• Positive Sentiment: News coverage and analyst notes point to a positive stock reaction today as the market prices in faster debt reduction and a simpler, more focused portfolio. Investopedia: Stock Surge
• Neutral Sentiment: The buyer, Howmet Aerospace, will receive favorable tax treatment on the deal, which helps close the transaction but is a buyer-side benefit rather than a direct incremental gain for SWK. Howmet PR
• Negative Sentiment: Divesting CAM removes a revenue- and margin-contributing business from Stanley Black & Decker’s portfolio; investors should watch how management redeploys capital and whether long-term growth is affected. Benzinga: Deal Coverage
• Negative Sentiment: Transaction subject to closing conditions and integration/transition risks; use of proceeds is intended for debt paydown but details/timelines will matter for financial metrics — monitor management updates. TipRanks: Proceeds/Use Commentary

Stanley Black & Decker Price Performance

Shares of NYSE:SWK opened at $75.25 on Tuesday. The firm has a market capitalization of $11.65 billion, a PE ratio of 26.04, a P/E/G ratio of 2.06 and a beta of 1.20. The company has a quick ratio of 0.35, a current ratio of 1.11 and a debt-to-equity ratio of 0.52. The company has a 50-day moving average price of $69.74 and a two-hundred day moving average price of $71.10. Stanley Black & Decker, Inc. has a twelve month low of $53.91 and a twelve month high of $91.06.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings results on Thursday, June 30th. The industrial products company reported $2.85 EPS for the quarter. The company had revenue of $3.72 billion for the quarter. Stanley Black & Decker had a net margin of 2.89% and a return on equity of 8.10%. Equities analysts forecast that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 16th. Stockholders of record on Monday, December 1st were issued a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend was Monday, December 1st. Stanley Black & Decker’s dividend payout ratio (DPR) is presently 114.88%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on SWK. Wall Street Zen lowered Stanley Black & Decker from a “buy” rating to a “hold” rating in a research report on Sunday, October 19th. Weiss Ratings restated a “hold (c)” rating on shares of Stanley Black & Decker in a report on Wednesday, October 8th. UBS Group boosted their target price on shares of Stanley Black & Decker from $100.00 to $105.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Morgan Stanley set a $88.00 target price on shares of Stanley Black & Decker in a research report on Monday. Finally, Wells Fargo & Company lowered their price target on shares of Stanley Black & Decker from $80.00 to $75.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 5th. 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 stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $86.56.

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.