Concurrent Investment Advisors LLC Acquires New Position in Stanley Black & Decker, Inc. $SWK

Concurrent Investment Advisors LLC acquired a new position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 10,128 shares of the industrial products company’s stock, valued at approximately $753,000.

Other institutional investors also recently made changes to their positions in the company. Princeton Global Asset Management LLC acquired a new stake in Stanley Black & Decker in the 2nd quarter valued at about $25,000. Chapman Financial Group LLC acquired a new stake in shares of Stanley Black & Decker in the second quarter valued at approximately $26,000. CYBER HORNET ETFs LLC purchased a new position in shares of Stanley Black & Decker during the 2nd quarter worth approximately $28,000. Hanson & Doremus Investment Management acquired a new position in shares of Stanley Black & Decker during the 3rd quarter worth approximately $30,000. Finally, MUFG Securities EMEA plc purchased a new stake in Stanley Black & Decker in the 2nd quarter valued at approximately $31,000. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

Stanley Black & Decker Stock Up 0.2%

Shares of Stanley Black & Decker stock opened at $84.57 on Monday. The company has a fifty day moving average price of $73.44 and a 200 day moving average price of $72.68. The company has a current ratio of 1.11, a quick ratio of 0.35 and a debt-to-equity ratio of 0.52. Stanley Black & Decker, Inc. has a twelve month low of $53.91 and a twelve month high of $91.06. The stock has a market cap of $13.10 billion, a price-to-earnings ratio of 29.26, a price-to-earnings-growth ratio of 1.16 and a beta of 1.20.

Stanley Black & Decker (NYSE:SWK) last posted its earnings results on Tuesday, November 4th. The industrial products company reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $1.19 by $0.24. The business had revenue of $3.76 billion for the quarter, compared to analysts’ expectations of $3.77 billion. Stanley Black & Decker had a net margin of 2.89% and a return on equity of 8.10%. The business’s revenue for the quarter was up .1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.22 earnings per share. Stanley Black & Decker has set its FY 2025 guidance at 4.550-4.650 EPS. Equities research analysts forecast that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current fiscal year.

Stanley Black & Decker Announces Dividend

The company 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 (DPR) is 114.88%.

Analysts Set New Price Targets

Several analysts have recently issued reports on SWK shares. UBS Group reduced their price objective 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. 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 shares of Stanley Black & Decker in a report on Monday, December 22nd. Weiss Ratings reissued a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Wednesday, October 8th. Finally, Robert W. Baird raised their target price on shares of Stanley Black & Decker from $75.00 to $85.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 23rd. Five equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $87.33.

Stanley Black & Decker 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.