Alps Advisors Inc. Cuts Stock Holdings in Stanley Black & Decker, Inc. $SWK

Alps Advisors Inc. trimmed its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 12.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 316,258 shares of the industrial products company’s stock after selling 43,858 shares during the period. Alps Advisors Inc.’s holdings in Stanley Black & Decker were worth $23,507,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. Princeton Global Asset Management LLC bought a new position in Stanley Black & Decker during the 2nd quarter valued at about $25,000. Chapman Financial Group LLC purchased a new position in shares of Stanley Black & Decker during the second quarter valued at approximately $26,000. CYBER HORNET ETFs LLC bought a new position in Stanley Black & Decker during the second quarter valued at approximately $28,000. Hanson & Doremus Investment Management purchased a new stake in Stanley Black & Decker in the third quarter worth approximately $30,000. Finally, MUFG Securities EMEA plc bought a new stake in Stanley Black & Decker in the 2nd quarter worth approximately $31,000. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Stock Up 4.7%

SWK opened at $89.56 on Friday. The company has a market capitalization of $13.87 billion, a PE ratio of 33.80, a price-to-earnings-growth ratio of 1.25 and a beta of 1.21. Stanley Black & Decker, Inc. has a 52 week low of $53.91 and a 52 week high of $90.82. The firm has a 50-day simple moving average of $77.99 and a two-hundred day simple moving average of $73.83. The company has a quick ratio of 0.35, a current ratio of 1.14 and a debt-to-equity ratio of 0.52.

Stanley Black & Decker (NYSE:SWK) last posted its earnings results on Wednesday, February 4th. The industrial products company reported $1.41 EPS for the quarter, beating analysts’ consensus estimates of $1.27 by $0.14. Stanley Black & Decker had a return on equity of 7.90% and a net margin of 2.66%.The firm had revenue of $3.68 billion during the quarter, compared to the consensus estimate of $3.78 billion. During the same period in the prior year, the company earned $1.49 EPS. The company’s quarterly revenue was down 1.0% compared to the same quarter last year. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Analysts forecast that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on SWK. Citigroup raised their target price on Stanley Black & Decker from $90.00 to $100.00 and gave the stock a “buy” rating in a research report on Friday. Wells Fargo & Company raised their price objective on shares of Stanley Black & Decker from $75.00 to $82.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 14th. Robert W. Baird boosted their target price 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. Morgan Stanley set a $88.00 price target on shares of Stanley Black & Decker in a research report on Monday, December 22nd. Finally, Barclays reissued an “overweight” rating and set a $100.00 price objective on shares of Stanley Black & Decker in a research report on Thursday. Five 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 MarketBeat.com, Stanley Black & Decker has a consensus rating of “Hold” and an average target price of $87.00.

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.