BlackRock Amends Stanley Black & Decker Stake (13G/A)
Ticker: SWK · Form: SC 13G/A · Filed: Jan 26, 2024 · CIK: 93556
| Field | Detail |
|---|---|
| Company | Stanley Black & Decker, Inc. (SWK) |
| Form Type | SC 13G/A |
| Filed Date | Jan 26, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock updated its passive stake in Stanley Black & Decker.**
AI Summary
BlackRock Inc. filed an amended Schedule 13G/A on January 26, 2024, indicating a change in its ownership of STANLEY BLACK & DECKER, INC. common stock as of December 31, 2023. This filing, Amendment No. 14, shows BlackRock's updated passive investment stake in the tool and hardware manufacturer. This matters to investors because BlackRock is a major institutional investor, and changes in its holdings can signal shifts in its confidence or strategy regarding the stock, potentially influencing other investors.
Why It Matters
This filing updates BlackRock's passive ownership in Stanley Black & Decker, providing transparency on a significant institutional investor's position, which can influence market perception.
Risk Assessment
Risk Level: low — This is a routine amendment from a passive institutional investor and does not indicate any immediate high-risk event.
Analyst Insight
Investors should note BlackRock's updated position as a large institutional holder, but without specific share count changes, this filing primarily serves as a transparency update rather than a direct buy/sell signal.
Key Players & Entities
- BlackRock Inc. (company) — the filer and institutional investor
- STANLEY BLACK & DECKER, INC. (company) — the subject company whose stock is being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 26, 2024 (date) — the filing date of the SC 13G/A
- Amendment No: 14 (number) — the specific amendment number for this filing
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G, as stated in the 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 14)' sections.
Who is the filer of this SC 13G/A?
The filer of this SC 13G/A is BlackRock Inc., as indicated under the 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.' section.
What is the subject company whose securities are being reported?
The subject company is STANLEY BLACK & DECKER, INC., as stated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: STANLEY BLACK & DECKER, INC.' and 'STANLEY BLACK AND DECKER INC (Name of Issuer)'.
What was the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' was December 31, 2023, as explicitly stated in the filing.
Under which rule is this Schedule 13G filed?
This Schedule 13G is filed under Rule 13d-1(b), as indicated by the '[X] Rule 13d-1(b)' checkbox selection.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 26, 2024 regarding STANLEY BLACK & DECKER, INC. (SWK).