Stanley Black & Decker, Inc. $SWK Shares Acquired by New York Life Investment Management LLC

New York Life Investment Management LLC lifted its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 67.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,766 shares of the industrial products company’s stock after acquiring an additional 14,005 shares during the period. New York Life Investment Management LLC’s holdings in Stanley Black & Decker were worth $2,582,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Stanley Black & Decker by 3.7% in the 1st 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 purchasing an additional 559 shares during the last quarter. Empowered Funds LLC boosted its stake in 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 purchasing an additional 353 shares during the last quarter. Focus Partners Wealth grew its holdings in shares of Stanley Black & Decker by 18.8% during the first quarter. Focus Partners Wealth now owns 6,981 shares of the industrial products company’s stock worth $537,000 after buying an additional 1,105 shares in the last quarter. CW Advisors LLC acquired a new stake in shares of Stanley Black & Decker in the second quarter valued at about $249,000. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of Stanley Black & Decker by 53.6% in the second quarter. EverSource Wealth Advisors LLC now owns 989 shares of the industrial products company’s stock worth $67,000 after buying an additional 345 shares in the last quarter. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

Stanley Black & Decker Price Performance

Stanley Black & Decker stock opened at $75.45 on Tuesday. 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 company has a 50-day moving average price of $73.35 and a 200 day moving average price of $75.95. Stanley Black & Decker, Inc. has a 12-month low of $61.90 and a 12-month high of $93.37. The stock has a market cap of $11.73 billion, a P/E ratio of 30.92, a PEG ratio of 1.06 and a beta of 1.20.

Stanley Black & Decker (NYSE:SWK) last posted its earnings results on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.19. Stanley Black & Decker had a net margin of 2.44% and a return on equity of 7.95%. The company had revenue of $3.85 billion for the quarter, compared to analyst estimates of $3.75 billion. During the same period in the previous year, the business posted $0.75 EPS. Stanley Black & Decker’s revenue was up 2.7% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Sell-side analysts anticipate that Stanley Black & Decker, Inc. will post 5.3 earnings per share for the current year.

Stanley Black & Decker Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 23rd. Investors of record on Monday, June 8th will be issued a $0.83 dividend. The ex-dividend date is Monday, June 8th. This represents a $3.32 dividend on an annualized basis and a yield of 4.4%. Stanley Black & Decker’s dividend payout ratio is currently 136.07%.

Analyst Ratings Changes

SWK has been the topic of a number of recent research reports. The Goldman Sachs Group restated a “neutral” rating and set a $84.00 price target on shares of Stanley Black & Decker in a research report on Thursday, February 5th. Weiss Ratings reissued a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Monday, April 20th. Argus upgraded Stanley Black & Decker to a “hold” rating in a report on Tuesday, February 10th. Morgan Stanley increased their price target on Stanley Black & Decker from $80.00 to $87.00 and gave the company an “equal weight” rating in a report on Monday, February 23rd. Finally, JPMorgan Chase & Co. lifted their price objective on Stanley Black & Decker from $65.00 to $75.00 and gave the stock an “underweight” rating in a research report on Friday, May 1st. Four equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Stanley Black & Decker has a consensus rating of “Hold” and a consensus price target of $87.67.

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.