Swiss Life Asset Management Ltd Cuts Stock Holdings in Stanley Black & Decker, Inc. $SWK

Swiss Life Asset Management Ltd reduced its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 8.9% in the 4th quarter, HoldingsChannel reports. The firm owned 222,331 shares of the industrial products company’s stock after selling 21,683 shares during the period. Swiss Life Asset Management Ltd’s holdings in Stanley Black & Decker were worth $16,515,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Capital Research Global Investors raised its holdings in Stanley Black & Decker by 0.9% during 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 purchasing an additional 116,302 shares in the last quarter. State Street Corp grew its position in Stanley Black & Decker by 2.3% during the second quarter. State Street Corp now owns 9,423,438 shares of the industrial products company’s stock worth $638,438,000 after buying an additional 215,960 shares during the period. Ameriprise Financial Inc. grew its position in Stanley Black & Decker by 49.5% during the third quarter. Ameriprise Financial Inc. now owns 4,379,653 shares of the industrial products company’s stock worth $325,541,000 after buying an additional 1,450,170 shares during the period. Dimensional Fund Advisors LP grew its position in Stanley Black & Decker by 11.7% during the third quarter. Dimensional Fund Advisors LP now owns 4,329,175 shares of the industrial products company’s stock worth $321,781,000 after buying an additional 452,398 shares during the period. Finally, Massachusetts Financial Services Co. MA grew its position in Stanley Black & Decker by 0.5% during the third quarter. Massachusetts Financial Services Co. MA now owns 3,199,427 shares of the industrial products company’s stock worth $237,813,000 after buying an additional 17,084 shares during the period. 87.77% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

SWK has been the topic of several recent analyst reports. 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. Robert W. Baird set a $84.00 target price on shares of Stanley Black & Decker in a research report on Thursday, April 30th. Argus upgraded shares of Stanley Black & Decker to a “hold” rating in a research report on Tuesday, February 10th. Wall Street Zen upgraded shares of Stanley Black & Decker from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Barclays lowered their target price on shares of 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. Four research 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. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $87.67.

Stanley Black & Decker Stock Down 2.5%

SWK stock opened at $79.08 on Tuesday. The company’s 50 day simple moving average is $73.86 and its 200-day simple moving average is $75.73. The firm has a market capitalization of $12.29 billion, a PE ratio of 32.41, a P/E/G ratio of 1.15 and a beta of 1.20. Stanley Black & Decker, Inc. has a 12 month low of $61.90 and a 12 month high of $93.37. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.14 and a quick ratio of 0.43.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.80 EPS for the quarter, beating the consensus estimate of $0.61 by $0.19. The business had revenue of $3.85 billion for the quarter, compared to analyst estimates of $3.75 billion. Stanley Black & Decker had a net margin of 2.44% and a return on equity of 7.95%. The company’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.75 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Equities analysts expect that Stanley Black & Decker, Inc. will post 5.28 earnings per share for the current fiscal year.

Stanley Black & Decker Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 23rd. Stockholders of record on Monday, June 8th will be given a $0.83 dividend. The ex-dividend date is Monday, June 8th. This represents a $3.32 annualized dividend and a dividend yield of 4.2%. Stanley Black & Decker’s dividend payout ratio is currently 136.07%.

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.