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Stanley Black & Decker Inc (SWK) Stock Could Soon Reward Patient Investors

Stanley Black & Decker Inc (NYSE: SWK) is -12.90% lower on its value in year-to-date trading and has touched a low of $77.70 and a high of $110.88 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SWK stock was last observed hovering at around $85.82 in the last trading session, with the day’s loss setting it -0.37%.

Currently trading at $85.45, the stock is -9.86% and -15.58% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.52 million and changing -0.43% at the moment leaves the stock -8.19% off its SMA200. SWK registered -5.42% loss for a year compared to 6-month gain of -5.18%. The firm has a 50-day simple moving average (SMA 50) of $101.2202 and a 200-day simple moving average (SMA200) of $93.07405.

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The stock witnessed a -18.74% loss in the last 1 month and extending the period to 3 months gives it a -12.22%, and is -5.23% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.39% over the week and 2.57% over the month.

Stanley Black & Decker Inc (SWK) has around 50500 employees, a market worth around $13.12B and $15.38B in sales. Fwd P/E is 15.55. Profit margin for the company is -1.20%. Distance from 52-week low is 9.97% and -22.93% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.28%).

with sales reaching $3.58B over the same period.The EPS is expected to grow by 186.35% this year, but quarterly earnings will post -3.31% year-over-year. Quarterly sales are estimated to shrink -4.29% in year-over-year returns.

Stanley Black & Decker Inc (SWK) Top Institutional Holders

1100.0 institutions hold shares in Stanley Black & Decker Inc (SWK), with institutional investors hold 90.55% of the company’s shares. The shares outstanding are 154.16M, and float is at 153.63M with Short Float at 2.26%. Institutions hold 90.31% of the Float.

The top institutional shareholder in the company is PRICE T ROWE ASSOCIATES INC /MD/ with over 19.61 million shares valued at $1.57 billion. The investor’s holdings represent 13.0561% of the SWK Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 18.59 million shares valued at $1.49 billion to account for 12.3745 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 13.75 million shares representing 9.1547% and valued at over $1.1 billion, while STATE STREET CORP holds 5.6668 of the shares totaling 8.51 million with a market value of $680.18 million.

Stanley Black & Decker Inc (SWK) Insider Activity

The most recent transaction is an insider sale by Link Janet, the company’s SVP, General Counsel & Sec’y. SEC filings show that Link Janet sold 13,520 shares of the company’s common stock on Aug 01 ’24 at a price of $103.91 per share for a total of $1.4 million. Following the sale, the insider now owns 31960.0 shares.

Still, SEC filings show that on May 06 ’24, Link Janet (SVP, General Counsel & Sec’y) disposed off 3,442 shares at an average price of $86.80 for $0.3 million. The insider now directly holds 32,860 shares of Stanley Black & Decker Inc (SWK).

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