Mirae Asset Global Investments Co. Ltd. Acquires 7,061 Shares of Stanley Black & Decker, Inc. $SWK

Mirae Asset Global Investments Co. Ltd. boosted its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 15.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 53,630 shares of the industrial products company’s stock after buying an additional 7,061 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Stanley Black & Decker were worth $5,048,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of SWK. Chapman Financial Group LLC bought a new stake in shares of Stanley Black & Decker during the 2nd quarter valued at $26,000. CYBER HORNET ETFs LLC bought a new position in shares of Stanley Black & Decker in the 2nd quarter worth $28,000. Kovack Advisors Inc. acquired a new stake in shares of Stanley Black & Decker during the fourth quarter worth $28,000. Motiv8 Investments LLC acquired a new stake in shares of Stanley Black & Decker during the fourth quarter worth $31,000. Finally, MUFG Securities EMEA plc bought a new stake in Stanley Black & Decker in the second quarter valued at about $31,000. Institutional investors and hedge funds own 87.77% of the company’s stock.

Stanley Black & Decker Stock Down 0.7%

Shares of Stanley Black & Decker stock opened at $102.20 on Friday. The company has a market capitalization of $15.43 billion, a P/E ratio of 24.93, a price-to-earnings-growth ratio of 1.39 and a beta of 1.16. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.43 and a quick ratio of 0.55. The business has a 50-day moving average of $90.73 and a two-hundred day moving average of $82.39. Stanley Black & Decker, Inc. has a 1 year low of $61.90 and a 1 year high of $104.68.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.36. Stanley Black & Decker had a return on equity of 8.78% and a net margin of 4.07%.The business had revenue of $3.96 billion for the quarter, compared to analysts’ expectations of $3.97 billion. During the same quarter in the previous year, the business posted $1.08 EPS. Stanley Black & Decker’s revenue for the quarter was up .4% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. As a group, equities analysts predict that Stanley Black & Decker, Inc. will post 5.53 EPS for the current year.

Stanley Black & Decker Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th will be paid a $0.84 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. This is an increase from Stanley Black & Decker’s previous quarterly dividend of $0.83. This represents a $3.36 dividend on an annualized basis and a yield of 3.3%. Stanley Black & Decker’s payout ratio is presently 80.98%.

Analysts Set New Price Targets

SWK has been the topic of a number of recent analyst reports. Wall Street Zen upgraded Stanley Black & Decker from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 1st. Robert W. Baird set a $84.00 price target on shares of Stanley Black & Decker in a research report on Thursday, April 30th. The Goldman Sachs Group reissued a “neutral” rating and set a $93.00 price objective on shares of Stanley Black & Decker in a research note on Wednesday, July 29th. Wells Fargo & Company boosted their price objective 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, June 18th. Finally, Citigroup lifted their price target on shares of Stanley Black & Decker from $100.00 to $107.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $91.56.

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.