Stanley Black & Decker (SWK) stock has seen an interesting mix of outcomes recently. Various investment groups, such as Empowered Funds LLC, Russell Investments Group Ltd. QRG Capital Management Inc. and more, have been rising their holdings in the company. Nonetheless, some entities sold shares of SWK, notably BNP PARIBAS ASSET MANAGEMENT Holding S.A., Atomi Financial Group Inc., Swiss National Bank, and State Board of Administration of Florida Retirement System. The company's stock performance significantly varied, outperforming competitors on several occasions and underperforming at other times. SWK reported its Q1 2024 results, and Q2 2024 earnings projection is at $0.85 per share, according to Zacks Research. The company continues to navigate market challenges through strategic cost reductions, and there is a pattern of regularly surpassing analysts’ estimates. The company's notable move is selling its Attachment Tools Business to Epiroc AB. An executive also sold over $298k in company stock, and the company obtained a $3.5 billion credit, and it divested its Infrastructure Business for $760M.
Stanley Black Decker SWK News Analytics from Tue, 10 Oct 2023 07:00:00 GMT to Sun, 21 Jul 2024 10:31:06 GMT -
Rating 2
- Innovation 3
- Information 5
- Rumor -1
