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

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Rempart Asset Management Inc. has reduced its stake in Stanley Black & Decker (SWK) by 35.5%, selling 56,243 shares but still retaining a significant holding of 102,411 shares valued at approximately $7.61 million. This sale makes SWK the 23rd largest position in Rempart’s portfolio, representing about 1.4% of its total holdings. The article also notes that while the company pays a quarterly dividend, its high payout ratio of 125% suggests potential concerns regarding its sustainability.

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