Robeco Institutional Asset Management B.V. Has $2.41 Million Holdings in Stanley Black & Decker, Inc. $SWK

Robeco Institutional Asset Management B.V. decreased its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 56.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 32,473 shares of the industrial products company’s stock after selling 41,420 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Stanley Black & Decker were worth $2,414,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Norges Bank bought a new position in shares of Stanley Black & Decker during the second quarter worth approximately $107,111,000. Schroder Investment Management Group grew its position in Stanley Black & Decker by 129.5% during the second quarter. Schroder Investment Management Group now owns 1,753,050 shares of the industrial products company’s stock worth $118,769,000 after buying an additional 989,032 shares in the last quarter. ProShare Advisors LLC increased its stake in Stanley Black & Decker by 38.8% during the 2nd quarter. ProShare Advisors LLC now owns 2,723,331 shares of the industrial products company’s stock worth $184,506,000 after acquiring an additional 761,191 shares during the period. Balyasny Asset Management L.P. acquired a new position in Stanley Black & Decker in the 2nd quarter valued at $36,003,000. Finally, Wilsey Asset Management Inc. bought a new stake in shares of Stanley Black & Decker during the 2nd quarter valued at $34,293,000. Institutional investors and hedge funds own 87.77% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on SWK. Weiss Ratings restated a “hold (c)” rating on shares of Stanley Black & Decker in a research report on Wednesday, October 8th. Wall Street Zen cut shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a research report on Sunday, October 19th. Morgan Stanley set a $88.00 price target on shares of Stanley Black & Decker in a report on Monday, December 22nd. Robert W. Baird lifted their price objective on shares of Stanley Black & Decker from $75.00 to $85.00 and gave the company a “neutral” rating in a research note on Tuesday, December 23rd. Finally, Wells Fargo & Company cut their target price on Stanley Black & Decker from $80.00 to $75.00 and set an “equal weight” rating for the company in a research note 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 company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $86.56.

Stanley Black & Decker Price Performance

SWK stock opened at $82.36 on Monday. The stock has a market cap of $12.76 billion, a price-to-earnings ratio of 28.50, a P/E/G ratio of 2.02 and a beta of 1.20. 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 company has a 50 day simple moving average of $71.85 and a 200 day simple moving average of $72.16. Stanley Black & Decker, Inc. has a 1 year low of $53.91 and a 1 year high of $91.06.

Stanley Black & Decker (NYSE:SWK) last posted its earnings results on Thursday, June 30th. The industrial products company reported $2.85 earnings per share for the quarter. Stanley Black & Decker had a net margin of 2.89% and a return on equity of 8.10%. The firm had revenue of $3.72 billion for the quarter. Stanley Black & Decker has set its FY 2025 guidance at 4.550-4.650 EPS. Research analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 EPS for the current fiscal year.

Stanley Black & Decker Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 16th. Shareholders of record on Monday, December 1st were given a $0.83 dividend. The ex-dividend date was Monday, December 1st. This represents a $3.32 annualized dividend and a yield of 4.0%. Stanley Black & Decker’s dividend payout ratio (DPR) is currently 114.88%.

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.