Vanguard Group Inc. Sells 72,528 Shares of Stanley Black & Decker, Inc. $SWK

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Vanguard Group Inc. reduced its stake in Stanley Black & Decker, Inc. by 0.4% in the fourth quarter, selling 72,528 shares, but still owns 18,154,948 shares valued at approximately $1.35 billion. Other institutional investors like Ameriprise Financial Inc. and Freestone Grove Partners LP made significant adjustments to their positions, with 87.77% of the stock currently held by institutional investors. Stanley Black & Decker reported strong Q4 earnings, beating analyst estimates, and has an average “Hold” rating from analysts with a target price of $86.00.

SWK-3.61%
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