Stanley Black & Decker, Inc. $SWK Shares Sold by Miller Investment Management LP

Miller Investment Management LP lessened its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 40.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,555 shares of the industrial products company’s stock after selling 7,290 shares during the period. Miller Investment Management LP’s holdings in Stanley Black & Decker were worth $785,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of SWK. Vanguard Group Inc. raised its holdings in Stanley Black & Decker by 0.5% in the 2nd quarter. Vanguard Group Inc. now owns 18,663,999 shares of the industrial products company’s stock valued at $1,264,486,000 after acquiring an additional 91,016 shares during the last quarter. State Street Corp boosted its holdings in shares of Stanley Black & Decker by 2.3% during the second quarter. State Street Corp now owns 9,423,438 shares of the industrial products company’s stock worth $638,438,000 after purchasing an additional 215,960 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Stanley Black & Decker by 1.7% in the second quarter. Geode Capital Management LLC now owns 3,965,007 shares of the industrial products company’s stock valued at $268,110,000 after purchasing an additional 65,327 shares during the period. Massachusetts Financial Services Co. MA increased its stake in Stanley Black & Decker by 0.5% in the third quarter. Massachusetts Financial Services Co. MA now owns 3,199,427 shares of the industrial products company’s stock valued at $237,813,000 after purchasing an additional 17,084 shares during the last quarter. Finally, ProShare Advisors LLC lifted its position in Stanley Black & Decker by 38.8% during the second quarter. ProShare Advisors LLC now owns 2,723,331 shares of the industrial products company’s stock worth $184,506,000 after buying an additional 761,191 shares during the period. Institutional investors and hedge funds own 87.77% of the company’s stock.

Stanley Black & Decker Stock Performance

Shares of SWK opened at $87.25 on Tuesday. Stanley Black & Decker, Inc. has a 52-week low of $53.91 and a 52-week high of $93.37. The company has a quick ratio of 0.35, a current ratio of 1.14 and a debt-to-equity ratio of 0.52. The firm has a market cap of $13.51 billion, a price-to-earnings ratio of 32.92, a PEG ratio of 1.33 and a beta of 1.21. The business’s 50 day moving average is $81.75 and its two-hundred day moving average is $75.43.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.27 by $0.14. The firm had revenue of $3.68 billion during the quarter, compared to analyst estimates of $3.78 billion. Stanley Black & Decker had a return on equity of 7.90% and a net margin of 2.66%.Stanley Black & Decker’s quarterly revenue was down 1.0% on a year-over-year basis. During the same period in the previous year, the company earned $1.49 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Analysts forecast that Stanley Black & Decker, Inc. will post 5.16 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have commented on the company. Citigroup lifted their price target on Stanley Black & Decker from $90.00 to $100.00 and gave the company a “buy” rating in a report on Friday, February 6th. Weiss Ratings restated a “hold (c)” rating on shares of Stanley Black & Decker in a report on Wednesday, January 21st. Argus raised shares of Stanley Black & Decker to a “hold” rating in a research report on Tuesday, February 10th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $84.00 price target on shares of Stanley Black & Decker in a report on Thursday, February 5th. Finally, Barclays reiterated an “overweight” rating and issued a $100.00 target price on shares of Stanley Black & Decker in a report on Thursday, February 5th. Five investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Stanley Black & Decker currently has a consensus rating of “Hold” and an average target price of $86.89.

Stanley Black & Decker Company 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.