Wealth Enhancement Advisory Services LLC Decreases Stock Holdings in Stanley Black & Decker, Inc. $SWK

Wealth Enhancement Advisory Services LLC cut its stake in Stanley Black & Decker, Inc. (NYSE:SWK) by 10.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 80,796 shares of the industrial products company’s stock after selling 9,685 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 0.05% of Stanley Black & Decker worth $5,913,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of SWK. Princeton Global Asset Management LLC purchased a new position in Stanley Black & Decker in the 2nd quarter valued at approximately $25,000. Chapman Financial Group LLC acquired a new stake in Stanley Black & Decker in the second quarter valued at $26,000. CYBER HORNET ETFs LLC purchased a new position in shares of Stanley Black & Decker in the second quarter valued at $28,000. Hanson & Doremus Investment Management acquired a new position in shares of Stanley Black & Decker during the 3rd quarter worth $30,000. Finally, MUFG Securities EMEA plc purchased a new stake in shares of Stanley Black & Decker in the 2nd quarter worth about $31,000. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Stock Performance

Stanley Black & Decker stock opened at $82.45 on Monday. The stock has a fifty day moving average price of $75.01 and a 200 day moving average price of $73.09. The company has a current ratio of 1.11, a quick ratio of 0.35 and a debt-to-equity ratio of 0.52. Stanley Black & Decker, Inc. has a 52 week low of $53.91 and a 52 week high of $91.06. The firm has a market capitalization of $12.77 billion, a P/E ratio of 28.53, a PEG ratio of 1.13 and a beta of 1.20.

Stanley Black & Decker (NYSE:SWK) last posted its quarterly earnings results on Tuesday, November 4th. The industrial products company reported $1.43 EPS for the quarter, beating the consensus estimate of $1.19 by $0.24. The company had revenue of $3.76 billion during the quarter, compared to analysts’ expectations of $3.77 billion. Stanley Black & Decker had a return on equity of 8.10% and a net margin of 2.89%.The firm’s revenue was up .1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.22 EPS. Stanley Black & Decker has set its FY 2025 guidance at 4.550-4.650 EPS. Equities research analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current year.

Stanley Black & Decker Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 16th. Shareholders of record on Monday, December 1st were paid a dividend of $0.83 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a $3.32 dividend on an annualized basis and a yield of 4.0%. Stanley Black & Decker’s dividend payout ratio (DPR) is currently 114.88%.

Analysts Set New Price Targets

Several analysts have issued reports on SWK shares. Wall Street Zen downgraded shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a report on Sunday, October 19th. UBS Group lowered their target price on Stanley Black & Decker from $105.00 to $98.00 and set a “buy” rating on the stock in a report on Monday, January 5th. Morgan Stanley set a $88.00 price target on Stanley Black & Decker in a report on Monday, December 22nd. Wells Fargo & Company lifted their price objective on Stanley Black & Decker from $75.00 to $82.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 14th. Finally, Robert W. Baird upped their target price on shares of Stanley Black & Decker from $75.00 to $85.00 and gave the company a “neutral” rating in a report on Tuesday, December 23rd. Five analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $87.33.

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.