ING Groep NV Invests $3.98 Million in Stanley Black & Decker, Inc. $SWK

ING Groep NV acquired a new stake in Stanley Black & Decker, Inc. (NYSE:SWK) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 53,504 shares of the industrial products company’s stock, valued at approximately $3,977,000.

A number of other institutional investors have also recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake 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 worth $1,203,000 after acquiring an additional 559 shares during the period. Empowered Funds LLC lifted its position in shares of Stanley Black & Decker by 8.2% in 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 period. Focus Partners Wealth boosted its stake 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 valued at $537,000 after purchasing an additional 1,105 shares during the last quarter. Blue Trust Inc. increased its position in shares of Stanley Black & Decker by 22.4% during the second quarter. Blue Trust Inc. now owns 1,114 shares of the industrial products company’s stock worth $75,000 after buying an additional 204 shares during the period. Finally, Aberdeen Group plc raised its stake in Stanley Black & Decker by 8.4% during the second quarter. Aberdeen Group plc now owns 146,012 shares of the industrial products company’s stock worth $9,892,000 after buying an additional 11,344 shares during the last quarter. Institutional investors own 87.77% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Barclays reiterated an “overweight” rating and set a $100.00 price target on shares of Stanley Black & Decker in a report on Thursday, February 5th. Wells Fargo & Company raised their target price on Stanley Black & Decker from $75.00 to $82.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 14th. UBS Group dropped their price target on 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. Robert W. Baird raised their price objective on shares of Stanley Black & Decker from $75.00 to $85.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 23rd. Finally, Citigroup boosted their target price on shares of Stanley Black & Decker from $90.00 to $100.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Five analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $87.00.

Stanley Black & Decker Trading Down 1.0%

NYSE SWK opened at $89.60 on Friday. The company has a quick ratio of 0.35, a current ratio of 1.14 and a debt-to-equity ratio of 0.52. Stanley Black & Decker, Inc. has a 52 week low of $53.91 and a 52 week high of $93.37. The business has a 50 day moving average price of $79.50 and a 200-day moving average price of $74.29. The company has a market cap of $13.88 billion, a price-to-earnings ratio of 33.81, a P/E/G ratio of 1.31 and a beta of 1.21.

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

Stanley Black & Decker 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.