Schroder Investment Management Group Acquires 894,123 Shares of Stanley Black & Decker, Inc. $SWK

Schroder Investment Management Group raised its stake in shares of Stanley Black & Decker, Inc. (NYSE:SWKFree Report) by 51.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,647,173 shares of the industrial products company’s stock after purchasing an additional 894,123 shares during the period. Schroder Investment Management Group’s holdings in Stanley Black & Decker were worth $196,764,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Rathbones Group PLC lifted its stake in shares of Stanley Black & Decker by 6.3% in the third quarter. Rathbones Group PLC now owns 16,109 shares of the industrial products company’s stock worth $1,197,000 after acquiring an additional 955 shares during the period. Parallel Advisors LLC boosted its stake in shares of Stanley Black & Decker by 42.2% in the 3rd quarter. Parallel Advisors LLC now owns 1,867 shares of the industrial products company’s stock valued at $139,000 after purchasing an additional 554 shares during the last quarter. Natixis Advisors LLC increased its position in shares of 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 period. First Trust Advisors LP lifted its holdings in 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 buying an additional 118,397 shares during the period. Finally, Neo Ivy Capital Management grew its holdings in Stanley Black & Decker by 314.0% during 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 during the period. 87.77% of the stock is currently owned by institutional investors.

Stanley Black & Decker Stock Performance

NYSE SWK opened at $75.45 on Tuesday. The company has a current ratio of 1.14, a quick ratio of 0.35 and a debt-to-equity ratio of 0.52. The company has a fifty day simple moving average of $83.41 and a 200 day simple moving average of $76.07. Stanley Black & Decker, Inc. has a 12-month low of $53.91 and a 12-month high of $93.37. The company has a market cap of $11.70 billion, a P/E ratio of 28.47, a PEG ratio of 1.09 and a beta of 1.18.

Stanley Black & Decker (NYSE:SWKGet Free Report) last released its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $1.41 earnings per share for the quarter, beating analysts’ consensus estimates of $1.27 by $0.14. The firm had revenue of $3.68 billion for 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 business’s quarterly revenue was down 1.0% compared to the same quarter last year. During the same period last year, the firm earned $1.49 earnings per share. 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 fiscal year.

Stanley Black & Decker Announces Dividend

The business also recently disclosed 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 annualized dividend and a dividend yield of 4.4%. Stanley Black & Decker’s dividend payout ratio is 125.28%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on SWK shares. Robert W. Baird lifted their target price on Stanley Black & Decker from $75.00 to $85.00 and gave the stock a “neutral” rating in a report on Tuesday, December 23rd. Barclays reaffirmed an “overweight” rating and set a $100.00 price objective on shares of Stanley Black & Decker in a research report on Thursday, February 5th. The Goldman Sachs Group reiterated a “neutral” rating and set a $84.00 target price on shares of Stanley Black & Decker in a research report on Thursday, February 5th. Morgan Stanley increased 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 raised their price target on shares of Stanley Black & Decker from $90.00 to $100.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Four research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $86.89.

Read Our Latest Stock Analysis on Stanley Black & Decker

Stanley Black & Decker Profile

(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.

Read More

Want to see what other hedge funds are holding SWK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Stanley Black & Decker, Inc. (NYSE:SWKFree Report).

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

Receive News & Ratings for Stanley Black & Decker Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stanley Black & Decker and related companies with MarketBeat.com's FREE daily email newsletter.