Stanley Black & Decker, Inc. $SWK Shares Sold by Legal & General Group Plc

Legal & General Group Plc cut its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 7.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 295,871 shares of the industrial products company’s stock after selling 22,502 shares during the period. Legal & General Group Plc’s holdings in Stanley Black & Decker were worth $21,977,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Capital Research Global Investors lifted its holdings in Stanley Black & Decker by 0.9% in the third quarter. Capital Research Global Investors now owns 12,768,115 shares of the industrial products company’s stock worth $949,050,000 after acquiring an additional 116,302 shares during the last quarter. State Street Corp raised its position in shares of Stanley Black & Decker by 2.3% during the 2nd quarter. State Street Corp now owns 9,423,438 shares of the industrial products company’s stock worth $638,438,000 after purchasing an additional 215,960 shares during the period. Ameriprise Financial Inc. raised its position in shares of Stanley Black & Decker by 49.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,379,653 shares of the industrial products company’s stock worth $325,541,000 after purchasing an additional 1,450,170 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Stanley Black & Decker by 11.7% in 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 purchasing an additional 452,398 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC boosted its position in Stanley Black & Decker by 9.0% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 3,103,941 shares of the industrial products company’s stock valued at $230,716,000 after purchasing an additional 255,295 shares during the period. Institutional investors and hedge funds own 87.77% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on SWK shares. Barclays dropped their target price on Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 1st. Wells Fargo & Company upped their price target on shares of Stanley Black & Decker from $75.00 to $80.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Stanley Black & Decker in a research report on Monday, April 20th. The Goldman Sachs Group reissued a “neutral” rating and set a $84.00 target price on shares of Stanley Black & Decker in a research note on Thursday, February 5th. Finally, Morgan Stanley dropped their price target on shares of Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating on the stock in a research note on Thursday. Four equities research 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 data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $87.33.

Stanley Black & Decker Price Performance

Shares of SWK opened at $79.50 on Monday. Stanley Black & Decker, Inc. has a one year low of $61.90 and a one year high of $93.37. The stock’s fifty day moving average is $74.20 and its 200-day moving average is $76.53. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.43 and a current ratio of 1.14. The firm has a market capitalization of $12.36 billion, a price-to-earnings ratio of 32.58, a price-to-earnings-growth ratio of 1.12 and a beta of 1.19.

Stanley Black & Decker (NYSE:SWK) last announced its earnings results on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.19. Stanley Black & Decker had a net margin of 2.44% and a return on equity of 7.95%. The firm had revenue of $3.85 billion during the quarter, compared to analyst estimates of $3.75 billion. During the same quarter in the prior year, the firm posted $0.75 EPS. Stanley Black & Decker’s revenue was up 2.7% compared to the same quarter last year. 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 5.32 EPS for the current year.

Stanley Black & Decker Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 23rd. Investors of record on Monday, June 8th will be paid a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date is Monday, June 8th. Stanley Black & Decker’s dividend payout ratio (DPR) is currently 136.07%.

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.