Hsbc Holdings PLC Sells 34,841 Shares of Stanley Black & Decker, Inc. $SWK

Hsbc Holdings PLC lessened its stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 14.4% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 207,667 shares of the industrial products company’s stock after selling 34,841 shares during the quarter. Hsbc Holdings PLC’s holdings in Stanley Black & Decker were worth $14,712,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Chapman Financial Group LLC bought a new position in shares of Stanley Black & Decker in the second quarter valued at approximately $26,000. CYBER HORNET ETFs LLC bought a new stake in Stanley Black & Decker during the 2nd quarter worth approximately $28,000. Kovack Advisors Inc. purchased a new stake in Stanley Black & Decker in the 4th quarter worth approximately $28,000. Motiv8 Investments LLC bought a new position in Stanley Black & Decker in the 4th quarter valued at $31,000. Finally, MUFG Securities EMEA plc purchased a new position in shares of Stanley Black & Decker during the 2nd quarter valued at $31,000. 87.77% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. JPMorgan Chase & Co. lifted their price objective on Stanley Black & Decker from $65.00 to $75.00 and gave the company an “underweight” rating in a research note on Friday, May 1st. Robert W. Baird set a $84.00 price target on Stanley Black & Decker in a research report on Thursday, April 30th. Weiss Ratings reissued a “hold (c)” rating on shares of Stanley Black & Decker in a report on Friday, July 17th. Wells Fargo & Company upped their price objective on shares of Stanley Black & Decker from $80.00 to $90.00 and gave the stock an “equal weight” rating in a research report on Thursday, June 18th. Finally, Barclays decreased their price target on shares of Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating on the stock in a report on Wednesday, April 1st. Four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $88.44.

Stanley Black & Decker Stock Performance

NYSE:SWK opened at $89.40 on Thursday. The company has a market capitalization of $13.90 billion, a price-to-earnings ratio of 36.64, a PEG ratio of 1.23 and a beta of 1.16. The business has a 50 day moving average of $84.07 and a 200 day moving average of $80.55. 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, Inc. has a 1-year low of $61.90 and a 1-year high of $95.16.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.19. The business had revenue of $3.85 billion for 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% on a year-over-year basis. During the same period last year, the business earned $0.75 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, sell-side analysts predict that Stanley Black & Decker, Inc. will post 5.35 earnings per share for the current fiscal year.

Stanley Black & Decker Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Monday, June 8th were paid a $0.83 dividend. The ex-dividend date of this dividend was Monday, June 8th. This represents a $3.32 annualized dividend and a yield of 3.7%. Stanley Black & Decker’s payout ratio is currently 136.07%.

Stanley Black & Decker 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.