Rempart Asset Management Inc. Sells 56,243 Shares of Stanley Black & Decker, Inc. $SWK

Rempart Asset Management Inc. lessened its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 35.5% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 102,411 shares of the industrial products company’s stock after selling 56,243 shares during the period. Stanley Black & Decker accounts for about 1.4% of Rempart Asset Management Inc.’s portfolio, making the stock its 23rd largest position. Rempart Asset Management Inc. owned 0.07% of Stanley Black & Decker worth $7,607,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SWK. Martin Capital Partners LLC lifted its position in Stanley Black & Decker by 2.1% during the 4th quarter. Martin Capital Partners LLC now owns 7,258 shares of the industrial products company’s stock worth $539,000 after buying an additional 152 shares in the last quarter. Greenwood Capital Associates LLC raised its stake in shares of Stanley Black & Decker by 1.1% in the third quarter. Greenwood Capital Associates LLC now owns 14,565 shares of the industrial products company’s stock worth $1,083,000 after acquiring an additional 159 shares during the last quarter. Dakota Wealth Management raised its stake in shares of Stanley Black & Decker by 1.3% in 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 last quarter. Crestwood Advisors Group LLC lifted its position in shares of Stanley Black & Decker by 2.3% during the third quarter. Crestwood Advisors Group LLC now owns 7,107 shares of the industrial products company’s stock worth $528,000 after purchasing an additional 161 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Stanley Black & Decker by 19.0% during the third quarter. EverSource Wealth Advisors LLC now owns 1,177 shares of the industrial products company’s stock valued at $87,000 after purchasing an additional 188 shares during the last quarter. 87.77% of the stock is currently owned by institutional investors and hedge funds.

Stanley Black & Decker Trading Up 0.4%

SWK opened at $71.85 on Thursday. The firm has a 50 day simple moving average of $81.42 and a 200 day simple moving average of $75.70. Stanley Black & Decker, Inc. has a fifty-two week low of $53.91 and a fifty-two week high of $93.37. The company has a market cap of $11.16 billion, a price-to-earnings ratio of 27.11, a price-to-earnings-growth ratio of 1.03 and a beta of 1.18. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.14 and a quick ratio of 0.35.

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 (EPS) for the quarter, beating analysts’ consensus estimates of $1.27 by $0.14. The firm had revenue of $3.68 billion for the quarter, compared to analysts’ expectations of $3.78 billion. Stanley Black & Decker had a net margin of 2.66% and a return on equity of 7.90%. The business’s revenue for the quarter was down 1.0% on a year-over-year basis. During the same period last year, the firm earned $1.49 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, sell-side 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 disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th were paid a dividend of $0.83 per share. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 4.6%. Stanley Black & Decker’s payout ratio is 125.28%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Citigroup raised their price target on shares of Stanley Black & Decker from $90.00 to $100.00 and gave the company a “buy” rating in a report on Friday, February 6th. Wells Fargo & Company upped their price objective on Stanley Black & Decker from $75.00 to $82.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 14th. Robert W. Baird lifted 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. The Goldman Sachs Group restated a “neutral” rating and set a $84.00 target price on shares of Stanley Black & Decker in a research report on Thursday, February 5th. Finally, Wall Street Zen raised Stanley Black & Decker from a “hold” rating to a “buy” rating in a research note on Saturday, March 21st. Four research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $86.89.

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.