Y Intercept Hong Kong Ltd Purchases 20,555 Shares of Stanley Black & Decker, Inc. $SWK

Y Intercept Hong Kong Ltd grew its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 94.8% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,229 shares of the industrial products company’s stock after purchasing an additional 20,555 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Stanley Black & Decker were worth $3,139,000 at the end of the most recent reporting period.

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

Wall Street Analyst Weigh In

Several brokerages have issued reports on SWK. Morgan Stanley set a $88.00 target price on Stanley Black & Decker in a research note on Monday, December 22nd. UBS Group cut their price target on shares of Stanley Black & Decker from $105.00 to $98.00 and set a “buy” rating for the company in a research report on Monday, January 5th. Robert W. Baird boosted their target price on Stanley Black & Decker from $75.00 to $85.00 and gave the company a “neutral” rating in a research note on Tuesday, December 23rd. Weiss Ratings restated a “hold (c)” rating on shares of Stanley Black & Decker in a research report on Wednesday, January 21st. Finally, Wells Fargo & Company boosted their price objective on Stanley Black & Decker from $75.00 to $82.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 14th. Five equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $87.33.

Stanley Black & Decker Price Performance

Shares of SWK opened at $81.19 on Tuesday. Stanley Black & Decker, Inc. has a fifty-two week low of $53.91 and a fifty-two week high of $91.06. The firm’s 50-day simple moving average is $75.37 and its two-hundred day simple moving average is $73.15. The stock has a market cap of $12.57 billion, a PE ratio of 28.09, a price-to-earnings-growth ratio of 1.13 and a beta of 1.20. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.35 and a current ratio of 1.11.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings data 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. Stanley Black & Decker had a return on equity of 8.10% and a net margin of 2.89%.The firm had revenue of $3.76 billion during the quarter, compared to analyst estimates of $3.77 billion. During the same quarter in the prior year, the business posted $1.22 EPS. The business’s revenue for the quarter was up .1% compared to the same quarter last year. Stanley Black & Decker has set its FY 2025 guidance at 4.550-4.650 EPS. Analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current fiscal year.

Stanley Black & Decker Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 16th. Investors of record on Monday, December 1st were paid a $0.83 dividend. The ex-dividend date was Monday, December 1st. This represents a $3.32 dividend on an annualized basis and a yield of 4.1%. Stanley Black & Decker’s dividend payout ratio (DPR) is 114.88%.

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.