Stanley Black & Decker (SWK) has garnered diverse financial attention recently. It reported an increase in holdings from Victory Capital Management and First Trust Direct Indexing L.P. However, Retirement Systems of Alabama and the Swiss National Bank have reduced their stakes. Insider trading news indicates Executive Janet Link disposed 3442 SWK shares. New York Life Investment Management and Amalgamated Bank significantly hold SWK stocks in their portfolio. It performed resiliently in bearish market conditions, notably surpassing Q1 and Q4 earnings estimates and meeting several Wall Street projections. Despite some judgment to avoid SWK, it's generally earned 'Hold' recommendation from brokerages while being tagged as a 'Top Dividend' and 'Value Stock' pathing a long-term investment avenue. The company underwent strategic changes including the sale of its Attachment Tools Business to Epiroc AB, impacting overall financials. It has navigated through market hurdles via cost reductions and growth investments, re-establishing an appeal as a 'Momentum Stock'. There's an expectation beat from its forthcoming earnings, indicating potential to maintain its earnings surprise streak.
Stanley Black Decker SWK News Analytics from Tue, 01 Aug 2023 07:00:00 GMT to Fri, 10 May 2024 14:17:31 GMT -
Rating 5
- Innovation 2
- Information 6
- Rumor -1
