Capital International Sarl bought a new position in shares of Stanley Black & Decker, Inc. (NYSE:SWK – Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 10,406 shares of the industrial products company’s stock, valued at approximately $773,000.
A number of other hedge funds have also made changes to their positions in the company. Daiwa Securities Group Inc. increased its position in shares of Stanley Black & Decker by 1.8% during the 4th quarter. Daiwa Securities Group Inc. now owns 18,020 shares of the industrial products company’s stock worth $1,339,000 after purchasing an additional 318 shares in the last quarter. Cibc World Market Inc. increased its position in shares of Stanley Black & Decker by 132.9% during the 4th quarter. Cibc World Market Inc. now owns 17,739 shares of the industrial products company’s stock worth $1,318,000 after purchasing an additional 10,122 shares in the last quarter. CIBC Asset Management Inc increased its position in shares of Stanley Black & Decker by 76.5% during the 4th quarter. CIBC Asset Management Inc now owns 34,299 shares of the industrial products company’s stock worth $2,548,000 after purchasing an additional 14,866 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of Stanley Black & Decker by 10.5% during the 4th quarter. Bank of New York Mellon Corp now owns 1,282,758 shares of the industrial products company’s stock worth $95,283,000 after purchasing an additional 121,795 shares in the last quarter. Finally, Natixis Advisors LLC raised its holdings in shares of Stanley Black & Decker by 7.3% in the fourth quarter. Natixis Advisors LLC now owns 13,631 shares of the industrial products company’s stock valued at $1,012,000 after buying an additional 927 shares during the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.
Analysts Set New Price Targets
A number of research analysts recently issued reports on SWK shares. Morgan Stanley cut their price target on Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating for the company in a report on Thursday, May 28th. JPMorgan Chase & Co. lifted their price target on Stanley Black & Decker from $65.00 to $75.00 and gave the company an “underweight” rating in a report on Friday, May 1st. Robert W. Baird set a $84.00 price target on Stanley Black & Decker in a report on Thursday, April 30th. Argus raised Stanley Black & Decker to a “hold” rating in a report on Tuesday, February 10th. Finally, Wall Street Zen cut Stanley Black & Decker from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Four research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Stanley Black & Decker has an average rating of “Hold” and a consensus target price of $87.33.
Stanley Black & Decker Stock Performance
Shares of NYSE:SWK opened at $78.58 on Tuesday. The stock has a market capitalization of $12.22 billion, a P/E ratio of 32.20, a P/E/G ratio of 1.10 and a beta of 1.19. Stanley Black & Decker, Inc. has a 1-year low of $61.90 and a 1-year high of $93.37. The company has a current ratio of 1.14, a quick ratio of 0.43 and a debt-to-equity ratio of 0.52. The business has a 50-day moving average price of $75.25 and a two-hundred day moving average price of $77.07.
Stanley Black & Decker (NYSE:SWK – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.19. The firm had revenue of $3.85 billion during the quarter, compared to analysts’ expectations of $3.75 billion. Stanley Black & Decker had a return on equity of 7.95% and a net margin of 2.44%.The company’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.75 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Equities analysts predict that Stanley Black & Decker, Inc. will post 5.32 earnings per share for the current year.
Stanley Black & Decker Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 23rd. Shareholders of record on Monday, June 8th will be issued a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend is Monday, June 8th. Stanley Black & Decker’s payout ratio is currently 136.07%.
About Stanley Black & Decker
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.
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