Engineers Gate Manager LP Sells 88,916 Shares of Stanley Black & Decker, Inc. $SWK

Engineers Gate Manager LP trimmed its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 26.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 253,683 shares of the industrial products company’s stock after selling 88,916 shares during the period. Engineers Gate Manager LP owned 0.16% of Stanley Black & Decker worth $18,844,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. GoalVest Advisory LLC acquired a new stake in shares of Stanley Black & Decker in the fourth quarter worth $26,000. Chapman Financial Group LLC acquired a new stake in shares of Stanley Black & Decker in the second quarter worth $26,000. CYBER HORNET ETFs LLC acquired a new stake in shares of Stanley Black & Decker in the second quarter worth $28,000. Kovack Advisors Inc. acquired a new stake in shares of Stanley Black & Decker in the fourth quarter worth $28,000. Finally, Motiv8 Investments LLC acquired a new stake in shares of Stanley Black & Decker in the fourth quarter worth $31,000. 87.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently weighed in on SWK. Robert W. Baird set a $84.00 price objective on shares of Stanley Black & Decker in a research note on Thursday, April 30th. Barclays reduced their price objective on shares of Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating for the company in a research note on Wednesday, April 1st. Wall Street Zen cut shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Morgan Stanley reduced their price objective on shares of Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating for the company in a research note on Thursday, May 28th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Stanley Black & Decker from $65.00 to $75.00 and gave the stock an “underweight” rating in a research note on Friday, May 1st. Four investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $87.33.

Stanley Black & Decker Price Performance

NYSE:SWK opened at $82.44 on Thursday. The stock has a market cap of $12.82 billion, a P/E ratio of 33.79, a PEG ratio of 1.19 and a beta of 1.19. Stanley Black & Decker, Inc. has a one year low of $61.90 and a one year high of $93.37. The company has a fifty day moving average price of $77.11 and a 200 day moving average price of $77.80. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.14 and a quick ratio of 0.43.

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

Stanley Black & Decker Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 23rd. Investors of record on Monday, June 8th will be paid a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 4.0%. The ex-dividend date is Monday, June 8th. Stanley Black & Decker’s dividend payout ratio is presently 136.07%.

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.