Neo Ivy Capital Management Increases Stock Position in Stanley Black & Decker, Inc. $SWK

Neo Ivy Capital Management raised its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 314.0% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 17,488 shares of the industrial products company’s stock after buying an additional 13,264 shares during the period. Neo Ivy Capital Management’s holdings in Stanley Black & Decker were worth $1,300,000 at the end of the most recent quarter.

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

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on SWK shares. Citigroup increased their target price on Stanley Black & Decker from $90.00 to $100.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Stanley Black & Decker in a report on Wednesday, January 21st. Barclays reiterated an “overweight” rating and issued a $100.00 target price on shares of Stanley Black & Decker in a research report on Thursday, February 5th. Wells Fargo & Company upped their price target 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. Finally, Morgan Stanley lifted their price objective on Stanley Black & Decker from $80.00 to $87.00 and gave the stock an “equal weight” rating in a report on Monday, February 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 MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $86.89.

Stanley Black & Decker Trading Down 2.4%

Shares of SWK stock opened at $76.09 on Friday. Stanley Black & Decker, Inc. has a fifty-two week low of $53.91 and a fifty-two week high of $93.37. 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 stock’s fifty day moving average is $83.40 and its two-hundred day moving average is $76.04. The firm has a market capitalization of $11.80 billion, a P/E ratio of 28.71, a PEG ratio of 1.09 and a beta of 1.18.

Stanley Black & Decker (NYSE:SWK) last released 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 business had revenue of $3.68 billion during the quarter, compared to analyst estimates of $3.78 billion. Stanley Black & Decker had a net margin of 2.66% and a return on equity of 7.90%. The company’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.49 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Research analysts expect 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 announced a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th will be issued a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 4.4%. The ex-dividend date is Tuesday, March 10th. Stanley Black & Decker’s payout ratio is currently 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.