Stanley Black & Decker, Inc. $SWK Shares Acquired by Capital Research Global Investors

Capital Research Global Investors increased its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 0.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 12,768,115 shares of the industrial products company’s stock after buying an additional 116,302 shares during the quarter. Capital Research Global Investors owned about 8.24% of Stanley Black & Decker worth $949,050,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SWK. Norges Bank purchased a new stake in Stanley Black & Decker during the second quarter worth about $107,111,000. Strive Asset Management LLC acquired a new position in shares of Stanley Black & Decker during the third quarter worth $78,480,000. Clean Energy Transition LLP raised its position in shares of Stanley Black & Decker by 56.8% during the 3rd quarter. Clean Energy Transition LLP now owns 2,799,218 shares of the industrial products company’s stock worth $208,066,000 after acquiring an additional 1,013,756 shares in the last quarter. Schroder Investment Management Group raised its holdings in Stanley Black & Decker by 129.5% during the second quarter. Schroder Investment Management Group now owns 1,753,050 shares of the industrial products company’s stock worth $118,769,000 after purchasing an additional 989,032 shares in the last quarter. Finally, ProShare Advisors LLC boosted its stake in Stanley Black & Decker by 38.8% in the second quarter. ProShare Advisors LLC now owns 2,723,331 shares of the industrial products company’s stock valued at $184,506,000 after acquiring an additional 761,191 shares in the last quarter. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on SWK. Wells Fargo & Company raised their price objective on shares of Stanley Black & Decker from $75.00 to $82.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 14th. Weiss Ratings restated a “hold (c)” rating on shares of Stanley Black & Decker in a research report on Wednesday, January 21st. Barclays reiterated an “overweight” rating and set a $100.00 target price on shares of Stanley Black & Decker in a report on Thursday, February 5th. Citigroup increased their price objective on Stanley Black & Decker from $90.00 to $100.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Finally, UBS Group reduced their price objective on shares of Stanley Black & Decker from $105.00 to $98.00 and set a “buy” rating on the stock in a research note on Monday, January 5th. Four analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $86.89.

Stanley Black & Decker Stock Performance

Shares of SWK opened at $75.45 on Tuesday. The firm has a 50-day moving average price of $83.41 and a 200 day moving average price of $76.07. 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 firm has a market capitalization of $11.70 billion, a PE ratio of 28.47, a P/E/G ratio of 1.09 and a beta of 1.18. Stanley Black & Decker, Inc. has a 52-week low of $53.91 and a 52-week high of $93.37.

Stanley Black & Decker (NYSE:SWK) last released its earnings results on Wednesday, February 4th. The industrial products company reported $1.41 earnings per share for the quarter, topping the consensus estimate of $1.27 by $0.14. The business had revenue of $3.68 billion for the quarter, compared to the consensus estimate of $3.78 billion. Stanley Black & Decker had a net margin of 2.66% and a return on equity of 7.90%. The firm’s quarterly revenue was down 1.0% compared to the same quarter last year. During the same period last year, the firm posted $1.49 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 5.16 earnings per share for the current fiscal year.

Stanley Black & Decker Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th will be given a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 4.4%. The ex-dividend date is Tuesday, March 10th. Stanley Black & Decker’s dividend payout ratio (DPR) is presently 125.28%.

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.