Victory Capital Management Inc. Lowers Holdings in Stanley Black & Decker, Inc. $SWK

Victory Capital Management Inc. trimmed its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 40.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 136,053 shares of the industrial products company’s stock after selling 91,660 shares during the quarter. Victory Capital Management Inc. owned about 0.09% of Stanley Black & Decker worth $10,113,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in SWK. Chapman Financial Group LLC purchased a new position in Stanley Black & Decker in the 2nd quarter worth approximately $26,000. Hanson & Doremus Investment Management purchased a new stake in shares of Stanley Black & Decker during the third quarter valued at $30,000. CYBER HORNET ETFs LLC bought a new stake in Stanley Black & Decker in the 2nd quarter worth about $28,000. Sentry Investment Management LLC bought a new position in Stanley Black & Decker during the 3rd quarter valued at about $31,000. Finally, MUFG Securities EMEA plc bought a new stake in shares of Stanley Black & Decker in the second quarter worth approximately $31,000. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on SWK. The Goldman Sachs Group restated a “neutral” rating and set a $84.00 price objective on shares of Stanley Black & Decker in a research report on Thursday, February 5th. Barclays restated an “overweight” rating and issued a $100.00 price target on shares of Stanley Black & Decker in a research note on Thursday, February 5th. Argus upgraded Stanley Black & Decker to a “hold” rating in a research report on Tuesday, February 10th. Morgan Stanley raised their target price on Stanley Black & Decker from $80.00 to $87.00 and gave the stock an “equal weight” rating in a research report on Monday, February 23rd. Finally, Robert W. Baird upped their price target on shares of Stanley Black & Decker from $75.00 to $85.00 and gave the company a “neutral” rating in a research report on Tuesday, December 23rd. Four investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $86.89.

Stanley Black & Decker Price Performance

NYSE SWK opened at $73.73 on Thursday. The company has a market capitalization of $11.45 billion, a PE ratio of 27.82, a price-to-earnings-growth ratio of 1.06 and a beta of 1.18. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.35 and a current ratio of 1.14. The business’s fifty day moving average is $83.37 and its 200 day moving average is $76.03. Stanley Black & Decker, Inc. has a fifty-two week low of $53.91 and a fifty-two week high of $93.37.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $1.41 EPS for the quarter, topping analysts’ consensus estimates of $1.27 by $0.14. Stanley Black & Decker had a return on equity of 7.90% and a net margin of 2.66%.The business had revenue of $3.68 billion during the quarter, compared to analysts’ expectations of $3.78 billion. During the same quarter in the prior year, the business posted $1.49 earnings per share. The business’s quarterly revenue was down 1.0% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Sell-side analysts predict that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current year.

Stanley Black & Decker Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th will be issued a dividend of $0.83 per share. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $3.32 annualized dividend and a yield of 4.5%. Stanley Black & Decker’s payout ratio is currently 125.28%.

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.