Universal Beteiligungs und Servicegesellschaft mbH Decreases Stake in Stanley Black & Decker, Inc. $SWK

Universal Beteiligungs und Servicegesellschaft mbH cut its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 26.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 129,153 shares of the industrial products company’s stock after selling 46,951 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.08% of Stanley Black & Decker worth $9,600,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Stanley Black & Decker by 3.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,648 shares of the industrial products company’s stock worth $1,203,000 after acquiring an additional 559 shares in the last quarter. Empowered Funds LLC increased its stake in Stanley Black & Decker by 8.2% in the first quarter. Empowered Funds LLC now owns 4,645 shares of the industrial products company’s stock valued at $357,000 after purchasing an additional 353 shares during the last quarter. Focus Partners Wealth raised its holdings in Stanley Black & Decker by 18.8% during the first quarter. Focus Partners Wealth now owns 6,981 shares of the industrial products company’s stock worth $537,000 after purchasing an additional 1,105 shares in the last quarter. Assenagon Asset Management S.A. purchased a new stake in shares of Stanley Black & Decker during the 2nd quarter worth approximately $969,000. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Stanley Black & Decker by 41.0% in the 2nd quarter. Farther Finance Advisors LLC now owns 4,630 shares of the industrial products company’s stock valued at $314,000 after buying an additional 1,347 shares in the last quarter. 87.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on SWK. Robert W. Baird boosted their price target on shares of Stanley Black & Decker from $75.00 to $85.00 and gave the company a “neutral” rating in a research report on Tuesday, December 23rd. UBS Group reduced their target price on Stanley Black & Decker from $105.00 to $98.00 and set a “buy” rating for the company in a report on Monday, January 5th. Weiss Ratings restated a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Wednesday. Wells Fargo & Company boosted 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, January 14th. Finally, Wall Street Zen lowered shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a research report on Sunday, October 19th. Five research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $87.33.

Stanley Black & Decker Stock Down 1.5%

Stanley Black & Decker stock opened at $82.45 on Friday. The stock’s 50 day moving average price is $75.01 and its 200 day moving average price is $73.09. Stanley Black & Decker, Inc. has a 1-year low of $53.91 and a 1-year high of $91.06. The company has a market cap of $12.77 billion, a PE ratio of 28.53, a price-to-earnings-growth ratio of 1.13 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.

Stanley Black & Decker (NYSE:SWK) last released its earnings results on Tuesday, November 4th. The industrial products company reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $1.19 by $0.24. The company had revenue of $3.76 billion during the quarter, compared to the consensus estimate of $3.77 billion. Stanley Black & Decker had a return on equity of 8.10% and a net margin of 2.89%.Stanley Black & Decker’s quarterly revenue was up .1% compared to the same quarter last year. During the same quarter last year, the company earned $1.22 earnings per share. Stanley Black & Decker has set its FY 2025 guidance at 4.550-4.650 EPS. On average, sell-side analysts predict that Stanley Black & Decker, Inc. will post 5.16 EPS for the current fiscal year.

Stanley Black & Decker Dividend Announcement

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