AEGON ASSET MANAGEMENT UK Plc Invests $30.91 Million in Stanley Black & Decker, Inc. $SWK

AEGON ASSET MANAGEMENT UK Plc bought a new position in Stanley Black & Decker, Inc. (NYSE:SWK) during the first quarter, Holdings Channel.com reports. The fund bought 435,220 shares of the industrial products company’s stock, valued at approximately $30,909,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Stanley Black & Decker by 3.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,648 shares of the industrial products company’s stock valued at $1,203,000 after buying an additional 559 shares in the last quarter. Empowered Funds LLC boosted its stake in shares of Stanley Black & Decker by 8.2% during the 1st quarter. Empowered Funds LLC now owns 4,645 shares of the industrial products company’s stock worth $357,000 after acquiring an additional 353 shares in the last quarter. Focus Partners Wealth grew its holdings in shares of Stanley Black & Decker by 18.8% in the 1st quarter. Focus Partners Wealth now owns 6,981 shares of the industrial products company’s stock worth $537,000 after acquiring an additional 1,105 shares during the last quarter. CW Advisors LLC acquired a new stake in shares of Stanley Black & Decker during the second quarter worth $249,000. Finally, EverSource Wealth Advisors LLC raised its position in shares of Stanley Black & Decker by 53.6% during the second quarter. EverSource Wealth Advisors LLC now owns 989 shares of the industrial products company’s stock worth $67,000 after purchasing an additional 345 shares during the period. 87.77% of the stock is owned by institutional investors and hedge funds.

Stanley Black & Decker Stock Performance

Shares of Stanley Black & Decker stock opened at $86.69 on Friday. The stock has a market cap of $13.48 billion, a PE ratio of 35.53, a price-to-earnings-growth ratio of 1.22 and a beta of 1.19. The business has a fifty day simple moving average of $77.79 and a 200-day simple moving average of $77.97. The company has a quick ratio of 0.43, a current ratio of 1.14 and a debt-to-equity ratio of 0.52. Stanley Black & Decker, Inc. has a 12 month low of $61.90 and a 12 month high of $93.37.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.19. The business had revenue of $3.85 billion for the quarter, compared to the consensus estimate of $3.75 billion. Stanley Black & Decker had a return on equity of 7.95% and a net margin of 2.44%.Stanley Black & Decker’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.75 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, sell-side analysts anticipate that Stanley Black & Decker, Inc. will post 5.32 EPS for the current fiscal year.

Stanley Black & Decker Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 23rd. Shareholders of record on Monday, June 8th will be paid a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend is Monday, June 8th. Stanley Black & Decker’s payout ratio is 136.07%.

Analyst Ratings Changes

SWK has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. increased their price target on Stanley Black & Decker from $65.00 to $75.00 and gave the company an “underweight” rating in a research report on Friday, May 1st. Morgan Stanley cut their price objective on Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating on the stock in a report on Thursday, May 28th. Wall Street Zen upgraded shares of Stanley Black & Decker from a “hold” rating to a “buy” rating in a report on Saturday. Weiss Ratings reissued a “hold (c)” rating on shares of Stanley Black & Decker in a research report on Monday, April 20th. Finally, Wells Fargo & Company boosted their price target on shares of Stanley Black & Decker from $80.00 to $90.00 and gave the company an “equal weight” rating in a report on Thursday. Four equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $88.44.

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.