Robeco Institutional Asset Management B.V. Sells 53,443 Shares of Stanley Black & Decker, Inc. $SWK

Key Points

• Robeco Institutional Asset Management B.V. has reduced its stake in Stanley Black & Decker by 42%, selling 53,443 shares for a total of $5,006,000 in value.
• Wall Street analysts have mixed views on Stanley Black & Decker, with five firms rating it as a Buy and others suggesting a Hold position, while recent price targets range from $65.00 to $90.00.
• Stanley Black & Decker has increased its quarterly dividend to $0.83 per share, representing a 4.5% dividend yield, despite a payout ratio exceeding 100%.

Robeco Institutional Asset Management B.V. cut its holdings in Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 42.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 73,893 shares of the industrial products company's stock after selling 53,443 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in Stanley Black & Decker were worth $5,006,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Vontobel Holding Ltd. boosted its holdings in Stanley Black & Decker by 3.8% in the first quarter. Vontobel Holding Ltd. now owns 4,494 shares of the industrial products company's stock worth $345,000 after purchasing an additional 165 shares in the last quarter. Parallel Advisors LLC boosted its holdings in Stanley Black & Decker by 15.0% in the second quarter. Parallel Advisors LLC now owns 1,313 shares of the industrial products company's stock worth $89,000 after purchasing an additional 171 shares in the last quarter. Allen Mooney & Barnes Investment Advisors LLC boosted its holdings in Stanley Black & Decker by 0.7% in the first quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 24,854 shares of the industrial products company's stock worth $1,911,000 after purchasing an additional 174 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in Stanley Black & Decker by 8.8% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 2,159 shares of the industrial products company's stock worth $166,000 after purchasing an additional 174 shares in the last quarter. Finally, RB Capital Management LLC lifted its position in Stanley Black & Decker by 1.8% during the 1st quarter. RB Capital Management LLC now owns 9,937 shares of the industrial products company's stock worth $764,000 after acquiring an additional 175 shares during the last quarter. 87.77% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on SWK shares. Barclays decreased their price target on shares of Stanley Black & Decker from $90.00 to $89.00 and set an "overweight" rating for the company in a report on Wednesday, July 30th. Robert W. Baird upped their price target on shares of Stanley Black & Decker from $65.00 to $78.00 and gave the company a "neutral" rating in a report on Tuesday, July 22nd. Weiss Ratings restated a "hold (c)" rating on shares of Stanley Black & Decker in a report on Saturday, September 27th. Jefferies Financial Group set a $86.00 price target on shares of Stanley Black & Decker and gave the company a "buy" rating in a report on Monday, August 18th. Finally, Wolfe Research upgraded shares of Stanley Black & Decker from an "underperform" rating to a "peer perform" rating in a report on Tuesday, July 8th. Five investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $89.90.

Stanley Black & Decker Stock Down 1.3%

Shares of SWK opened at $74.46 on Tuesday. The company has a 50-day simple moving average of $74.05 and a 200-day simple moving average of $69.36. The firm has a market capitalization of $11.53 billion, a P/E ratio of 23.64, a P/E/G ratio of 1.56 and a beta of 1.19. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.34 and a current ratio of 1.04. Stanley Black & Decker, Inc. has a 52 week low of $53.91 and a 52 week high of $109.91.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The industrial products company reported $1.08 EPS for the quarter, beating analysts' consensus estimates of $0.38 by $0.70. The business had revenue of $3.95 billion during the quarter, compared to analyst estimates of $4.01 billion. Stanley Black & Decker had a net margin of 3.15% and a return on equity of 7.76%. The firm's revenue for the quarter was down 6.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.09 earnings per share. Stanley Black & Decker has set its FY 2025 guidance at 4.550-4.750 EPS. On average, equities research analysts expect that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current year.

Stanley Black & Decker Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were given a dividend of $0.83 per share. This is an increase from Stanley Black & Decker's previous quarterly dividend of $0.82. This represents a $3.32 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend was Tuesday, September 2nd. Stanley Black & Decker's dividend payout ratio (DPR) is currently 105.40%.

Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc engages in the provision of power and hand tools, and related accessories, products, services and equipment for oil and gas, infrastructure applications, commercial electronic security and monitoring systems, healthcare solutions, and mechanical access solutions. It operates through the Tools and Outdoor and Industrial segments.

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