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Investment firm cuts stake in Stanley Black & Decker, which beat earnings estimates and raised dividend.
Investment firm Mondrian reduced its stake in Stanley Black & Decker by 5.1%, while Quantbot Technologies significantly increased its holdings.
Stanley Black & Decker recently reported earnings above estimates at $1.49 per share and announced a quarterly dividend of $0.82, yielding 4.13%.
The company has a market cap of $12.26 billion and a P/E ratio of 40.92.
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La empresa inversora reduce la participación en Stanley Black & Decker, lo que supera las estimaciones de ingresos y eleva los dividendos.