CenterBook Partners LP Has $2.35 Million Stock Position in Stanley Black & Decker, Inc. $SWK

CenterBook Partners LP reduced its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 72.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 31,591 shares of the industrial products company’s stock after selling 84,729 shares during the period. CenterBook Partners LP’s holdings in Stanley Black & Decker were worth $2,347,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. GoalVest Advisory LLC acquired a new position in shares of Stanley Black & Decker in the 4th quarter valued at about $26,000. Chapman Financial Group LLC bought a new stake in shares of Stanley Black & Decker during the 2nd quarter worth about $26,000. CYBER HORNET ETFs LLC acquired a new position in Stanley Black & Decker during the second quarter valued at approximately $28,000. MUFG Securities EMEA plc acquired a new position in Stanley Black & Decker in the 2nd quarter valued at $31,000. Finally, Advisory Services Network LLC bought a new position in shares of Stanley Black & Decker in the third quarter worth about $35,000. 87.77% of the stock is owned by institutional investors and hedge funds.

Stanley Black & Decker Trading Up 2.2%

Shares of NYSE SWK opened at $80.24 on Wednesday. Stanley Black & Decker, Inc. has a twelve month low of $61.90 and a twelve month high of $93.37. The company has a quick ratio of 0.43, a current ratio of 1.14 and a debt-to-equity ratio of 0.52. The stock has a market cap of $12.47 billion, a price-to-earnings ratio of 32.88, a P/E/G ratio of 1.10 and a beta of 1.19. The company’s fifty day moving average is $75.48 and its 200-day moving average is $77.20.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.19. The company had revenue of $3.85 billion for the quarter, compared to analyst estimates of $3.75 billion. Stanley Black & Decker had a return on equity of 7.95% and a net margin of 2.44%.Stanley Black & Decker’s revenue was up 2.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.75 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Equities research analysts predict that Stanley Black & Decker, Inc. will post 5.32 EPS for the current year.

Stanley Black & Decker Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 23rd. Stockholders of record on Monday, June 8th will be given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend is Monday, June 8th. Stanley Black & Decker’s dividend payout ratio is currently 136.07%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Robert W. Baird set a $84.00 target price on shares of Stanley Black & Decker in a research report on Thursday, April 30th. JPMorgan Chase & Co. increased their target price on Stanley Black & Decker from $65.00 to $75.00 and gave the stock an “underweight” rating in a report on Friday, May 1st. Argus raised shares of Stanley Black & Decker to a “hold” rating in a report on Tuesday, February 10th. Morgan Stanley reduced their price objective on Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 28th. Finally, Wall Street Zen lowered shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Four investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $87.33.

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.