Erste Asset Management GmbH Buys 7,955 Shares of Stanley Black & Decker, Inc. $SWK

Erste Asset Management GmbH increased its stake in shares of Stanley Black & Decker, Inc. (NYSE:SWKFree Report) by 43.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,258 shares of the industrial products company’s stock after acquiring an additional 7,955 shares during the period. Erste Asset Management GmbH’s holdings in Stanley Black & Decker were worth $1,940,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of 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 period. Empowered Funds LLC grew its holdings in shares of Stanley Black & Decker by 8.2% during the first quarter. Empowered Funds LLC now owns 4,645 shares of the industrial products company’s stock worth $357,000 after buying an additional 353 shares in the last quarter. Focus Partners Wealth raised its position in 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 buying an additional 1,105 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Stanley Black & Decker by 3.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 87,836 shares of the industrial products company’s stock valued at $5,951,000 after acquiring an additional 2,767 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new position in Stanley Black & Decker during the 2nd quarter worth approximately $1,468,000. 87.77% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently commented on SWK. Barclays reissued an “overweight” rating and issued a $100.00 price objective 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 report on Wednesday, January 21st. Argus upgraded Stanley Black & Decker to a “hold” rating in a report on Tuesday, February 10th. Wells Fargo & Company upped their target price on Stanley Black & Decker from $75.00 to $82.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 14th. Finally, The Goldman Sachs Group restated a “neutral” rating and issued a $84.00 price target on shares of Stanley Black & Decker in a research note on Thursday, February 5th. Four investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Stanley Black & Decker has an average rating of “Hold” and an average target price of $86.89.

Check Out Our Latest Stock Report on Stanley Black & Decker

Stanley Black & Decker News Summary

Here are the key news stories impacting Stanley Black & Decker this week:

Stanley Black & Decker Price Performance

Shares of NYSE SWK opened at $86.37 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. The business’s 50 day moving average price is $82.92 and its two-hundred day moving average price is $75.87. The company has a market cap of $13.39 billion, a PE ratio of 32.59, a price-to-earnings-growth ratio of 1.24 and a beta of 1.21. Stanley Black & Decker, Inc. has a twelve month low of $53.91 and a twelve month high of $93.37.

Stanley Black & Decker (NYSE:SWKGet Free Report) last issued its earnings results on Wednesday, February 4th. The industrial products company reported $1.41 EPS for the quarter, topping the consensus estimate of $1.27 by $0.14. The company had revenue of $3.68 billion during the quarter, compared to the consensus estimate of $3.78 billion. Stanley Black & Decker had a return on equity of 7.90% and a net margin of 2.66%.The firm’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same period in the previous year, the company posted $1.49 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, analysts predict that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th will be issued a $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Tuesday, March 10th. Stanley Black & Decker’s payout ratio is currently 125.28%.

About Stanley Black & Decker

(Free Report)

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.

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Institutional Ownership by Quarter for Stanley Black & Decker (NYSE:SWK)

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