DE Burlo Group Inc. Sells 55,718 Shares of Stanley Black & Decker, Inc. $SWK

DE Burlo Group Inc. cut its position in Stanley Black & Decker, Inc. (NYSE:SWKFree Report) by 21.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 207,287 shares of the industrial products company’s stock after selling 55,718 shares during the period. Stanley Black & Decker comprises about 1.9% of DE Burlo Group Inc.’s portfolio, making the stock its 21st biggest holding. DE Burlo Group Inc.’s holdings in Stanley Black & Decker were worth $15,397,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SWK. Cardinal Point Capital Management ULC increased its position in Stanley Black & Decker by 2.7% during the 4th quarter. Cardinal Point Capital Management ULC now owns 4,800 shares of the industrial products company’s stock worth $357,000 after buying an additional 125 shares during the period. Crossmark Global Holdings Inc. grew its stake in shares of Stanley Black & Decker by 2.8% in the fourth quarter. Crossmark Global Holdings Inc. now owns 4,606 shares of the industrial products company’s stock valued at $342,000 after acquiring an additional 126 shares in the last quarter. Martin Capital Partners LLC grew its stake in shares of Stanley Black & Decker by 2.1% in the fourth quarter. Martin Capital Partners LLC now owns 7,258 shares of the industrial products company’s stock valued at $539,000 after acquiring an additional 152 shares in the last quarter. Dakota Wealth Management increased its position in Stanley Black & Decker by 1.3% during the third quarter. Dakota Wealth Management now owns 12,645 shares of the industrial products company’s stock worth $940,000 after acquiring an additional 160 shares during the period. Finally, Allen Mooney & Barnes Investment Advisors LLC raised its stake in Stanley Black & Decker by 1.0% in the 4th quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 16,047 shares of the industrial products company’s stock worth $1,192,000 after purchasing an additional 160 shares in the last quarter. 87.77% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have issued reports on SWK. Barclays decreased their target price on shares of Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 1st. Robert W. Baird set a $84.00 price target on shares of Stanley Black & Decker in a research report on Thursday, April 30th. JPMorgan Chase & Co. increased their price target on Stanley Black & Decker from $65.00 to $75.00 and gave the stock an “underweight” rating in a research report on Friday, May 1st. Wells Fargo & Company raised their price objective on Stanley Black & Decker from $75.00 to $80.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 30th. Finally, Morgan Stanley dropped their price objective on Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating for the company in a report on Thursday, May 28th. Four analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $87.33.

Read Our Latest Analysis on SWK

Stanley Black & Decker Stock Performance

NYSE SWK opened at $83.57 on Friday. Stanley Black & Decker, Inc. has a 1 year low of $61.90 and a 1 year high of $93.37. The firm has a market capitalization of $12.99 billion, a price-to-earnings ratio of 34.25, a P/E/G ratio of 1.18 and a beta of 1.19. The company has a current ratio of 1.14, a quick ratio of 0.43 and a debt-to-equity ratio of 0.52. The firm’s 50 day simple moving average is $76.17 and its 200 day simple moving average is $77.47.

Stanley Black & Decker (NYSE:SWKGet Free Report) last released its earnings results on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share for the quarter, topping 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 return on equity of 7.95% and a net margin of 2.44%.The company’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.75 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. As a group, research analysts expect that Stanley Black & Decker, Inc. will post 5.32 earnings per share for the current fiscal year.

Stanley Black & Decker Dividend Announcement

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

Stanley Black & Decker Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Stanley Black & Decker (NYSE:SWK)

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