Meiji Yasuda Asset Management Co Ltd. Has $10.89 Million Stock Holdings in Stanley Black & Decker, Inc. $SWK

Meiji Yasuda Asset Management Co Ltd. cut its stake in Stanley Black & Decker, Inc. (NYSE:SWK) by 4.6% in the third quarter, HoldingsChannel reports. The institutional investor owned 146,517 shares of the industrial products company’s stock after selling 7,027 shares during the quarter. Meiji Yasuda Asset Management Co Ltd.’s holdings in Stanley Black & Decker were worth $10,891,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Natixis Advisors LLC grew its stake in Stanley Black & Decker by 23.6% during the third quarter. Natixis Advisors LLC now owns 12,704 shares of the industrial products company’s stock worth $944,000 after buying an additional 2,428 shares during the last quarter. First Trust Advisors LP raised its stake in shares of Stanley Black & Decker by 28.6% in the third quarter. First Trust Advisors LP now owns 532,909 shares of the industrial products company’s stock valued at $39,611,000 after acquiring an additional 118,397 shares during the last quarter. Neo Ivy Capital Management boosted its holdings in shares of Stanley Black & Decker by 314.0% in the 3rd quarter. Neo Ivy Capital Management now owns 17,488 shares of the industrial products company’s stock worth $1,300,000 after acquiring an additional 13,264 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Stanley Black & Decker by 11.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 4,329,175 shares of the industrial products company’s stock worth $321,781,000 after acquiring an additional 452,398 shares during the last quarter. Finally, RPg Family Wealth Advisory LLC acquired a new stake in Stanley Black & Decker during the 3rd quarter valued at $822,000. 87.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

SWK has been the topic of a number of recent analyst reports. Wells Fargo & Company boosted their price objective 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 reduced their price target on shares of Stanley Black & Decker from $105.00 to $98.00 and set a “buy” rating on the stock in a research report on Monday, January 5th. Argus raised shares of Stanley Black & Decker to a “hold” rating in a report on Tuesday, February 10th. Morgan Stanley boosted their target price on shares of Stanley Black & Decker from $80.00 to $87.00 and gave the stock an “equal weight” rating in a research note on Monday, February 23rd. Finally, Citigroup upped their target price on shares of Stanley Black & Decker from $90.00 to $100.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Four equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $86.89.

Stanley Black & Decker Stock Performance

Stanley Black & Decker stock opened at $76.09 on Friday. The company has a market cap of $11.80 billion, a PE ratio of 28.71, a PEG ratio of 1.09 and a beta of 1.18. The company has a current ratio of 1.14, a quick ratio of 0.35 and a debt-to-equity ratio of 0.52. Stanley Black & Decker, Inc. has a 1 year low of $53.91 and a 1 year high of $93.37. The company’s 50-day moving average is $83.40 and its two-hundred day moving average is $76.04.

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 the consensus estimate of $1.27 by $0.14. Stanley Black & Decker had a net margin of 2.66% and a return on equity of 7.90%. The company had revenue of $3.68 billion during the quarter, compared to analysts’ expectations of $3.78 billion. During the same quarter in the previous year, the company earned $1.49 EPS. Stanley Black & Decker’s 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. Equities analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current year.

Stanley Black & Decker Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th will be paid a $0.83 dividend. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 4.4%. Stanley Black & Decker’s dividend payout ratio is 125.28%.

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.