Nordea Investment Management AB Trims Holdings in Stanley Black & Decker, Inc. $SWK

Nordea Investment Management AB lessened its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 15.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 78,189 shares of the industrial products company’s stock after selling 13,802 shares during the quarter. Nordea Investment Management AB owned about 0.05% of Stanley Black & Decker worth $5,835,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. GoalVest Advisory LLC purchased a new position in Stanley Black & Decker during the fourth quarter valued at $26,000. Chapman Financial Group LLC purchased a new position in shares of Stanley Black & Decker in the 2nd quarter worth about $26,000. Hanson & Doremus Investment Management purchased a new stake in Stanley Black & Decker during the 3rd quarter valued at about $30,000. CYBER HORNET ETFs LLC purchased a new position in Stanley Black & Decker in the second quarter worth about $28,000. Finally, Sentry Investment Management LLC purchased a new stake in shares of Stanley Black & Decker during the third quarter valued at approximately $31,000. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Price Performance

Shares of NYSE:SWK opened at $70.66 on Friday. The company has a quick ratio of 0.35, a current ratio of 1.14 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $10.97 billion, a PE ratio of 26.66, a price-to-earnings-growth ratio of 1.03 and a beta of 1.18. The firm’s 50 day moving average price is $81.14 and its 200-day moving average price is $75.67. Stanley Black & Decker, Inc. has a twelve month low of $53.91 and a twelve month high of $93.37.

Stanley Black & Decker (NYSE:SWK) last announced its earnings results on Wednesday, February 4th. The industrial products company reported $1.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.27 by $0.14. Stanley Black & Decker had a net margin of 2.66% and a return on equity of 7.90%. The company had revenue of $3.68 billion during the quarter, compared to analyst estimates of $3.78 billion. During the same period in the previous year, the business posted $1.49 earnings per share. The firm’s quarterly revenue was down 1.0% compared to the same quarter last year. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Equities research analysts expect that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th were issued a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Tuesday, March 10th. Stanley Black & Decker’s dividend payout ratio (DPR) is currently 125.28%.

Analysts Set New Price Targets

A number of analysts have commented on the company. Robert W. Baird lifted their target price on Stanley Black & Decker from $75.00 to $85.00 and gave the stock a “neutral” rating in a report on Tuesday, December 23rd. Barclays reissued an “overweight” rating and issued a $100.00 target price on shares of Stanley Black & Decker in a research report on Thursday, February 5th. Wells Fargo & Company raised their price target on shares of Stanley Black & Decker from $75.00 to $82.00 and gave the company an “equal weight” rating in a report on Wednesday, January 14th. Citigroup lifted their target price on shares of Stanley Black & Decker from $90.00 to $100.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Finally, Wall Street Zen raised Stanley Black & Decker from a “hold” rating to a “buy” rating in a report on Saturday, March 21st. Four research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $86.89.

Stanley Black & Decker Company Profile

Stanley Black & Decker, Inc (NYSE:SWK) is a leading global manufacturer of industrial tools, engineered fastening systems, and security products. The company’s portfolio includes power tools, hand tools, accessories, and storage solutions marketed under well-known brands such as DEWALT, Stanley, Craftsman and Black & Decker. In addition to its core tools and hardware offerings, the company provides customized assembly and installation systems for the automotive, electronics and aerospace industries.

Operations are organized across three principal business segments.