UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $56.34 Million Stake in Stanley Black & Decker, Inc. $SWK

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 8.3% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 598,626 shares of the industrial products company’s stock after buying an additional 45,630 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Stanley Black & Decker were worth $56,343,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SWK. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Stanley Black & Decker in the first quarter worth about $47,448,000. New York Life Investment Management LLC increased its holdings in shares of Stanley Black & Decker by 67.5% during the 4th quarter. New York Life Investment Management LLC now owns 34,766 shares of the industrial products company’s stock valued at $2,582,000 after acquiring an additional 14,005 shares during the last quarter. Assenagon Asset Management S.A. increased its holdings in shares of Stanley Black & Decker by 533.7% during the 2nd quarter. Assenagon Asset Management S.A. now owns 96,322 shares of the industrial products company’s stock valued at $9,066,000 after acquiring an additional 81,121 shares during the last quarter. Oak Thistle LLC bought a new position in shares of Stanley Black & Decker in the 2nd quarter valued at approximately $1,440,000. Finally, Benjamin Edwards Inc. acquired a new stake in Stanley Black & Decker in the 2nd quarter worth approximately $1,115,000. Institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Stock Up 2.5%

SWK opened at $96.84 on Thursday. The company has a market capitalization of $14.62 billion, a P/E ratio of 23.62, a P/E/G ratio of 1.45 and a beta of 1.17. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.43 and a quick ratio of 0.55. The firm’s fifty day moving average price is $95.01 and its two-hundred day moving average price is $83.79. Stanley Black & Decker, Inc. has a fifty-two week low of $61.90 and a fifty-two week high of $104.68.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.21 by $0.36. Stanley Black & Decker had a net margin of 4.07% and a return on equity of 8.78%. The company had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.97 billion. During the same period last year, the firm earned $1.08 EPS. The firm’s revenue for the quarter was up .4% compared to the same quarter last year. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, analysts anticipate that Stanley Black & Decker, Inc. will post 5.57 EPS for the current year.

Stanley Black & Decker Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th will be issued a dividend of $0.84 per share. The ex-dividend date of this dividend is Tuesday, September 8th. This is a positive change from Stanley Black & Decker’s previous quarterly dividend of $0.83. This represents a $3.36 dividend on an annualized basis and a yield of 3.5%. Stanley Black & Decker’s dividend payout ratio (DPR) is presently 80.98%.

Analyst Upgrades and Downgrades

Several brokerages have commented on SWK. Wells Fargo & Company increased their price target on Stanley Black & Decker from $80.00 to $90.00 and gave the company an “equal weight” rating in a report on Thursday, June 18th. The Goldman Sachs Group restated a “neutral” rating and issued a $93.00 price objective on shares of Stanley Black & Decker in a research note on Wednesday, July 29th. Wall Street Zen lowered shares of Stanley Black & Decker from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 29th. Morgan Stanley set a $96.00 target price on shares of Stanley Black & Decker in a report on Monday, August 10th. Finally, Weiss Ratings upgraded shares of Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 31st. Three research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $92.25.

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.