Capital Research Global Investors Purchases 116,302 Shares of Stanley Black & Decker, Inc. $SWK

Capital Research Global Investors grew its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 0.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,768,115 shares of the industrial products company’s stock after acquiring an additional 116,302 shares during the quarter. Capital Research Global Investors owned 0.08% of Stanley Black & Decker worth $949,050,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in SWK. Tred Avon Family Wealth LLC acquired a new position in shares of Stanley Black & Decker during the third quarter worth about $939,000. Massachusetts Financial Services Co. MA lifted its stake in Stanley Black & Decker by 0.5% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,199,427 shares of the industrial products company’s stock valued at $237,813,000 after acquiring an additional 17,084 shares in the last quarter. Godsey & Gibb Inc. boosted its position in Stanley Black & Decker by 14.6% during the 3rd quarter. Godsey & Gibb Inc. now owns 212,480 shares of the industrial products company’s stock worth $15,794,000 after acquiring an additional 27,140 shares during the last quarter. Baird Financial Group Inc. boosted its position in Stanley Black & Decker by 773.1% during the 2nd quarter. Baird Financial Group Inc. now owns 53,278 shares of the industrial products company’s stock worth $3,610,000 after acquiring an additional 47,176 shares during the last quarter. Finally, ProShare Advisors LLC grew its stake in shares of Stanley Black & Decker by 38.8% during the 2nd quarter. ProShare Advisors LLC now owns 2,723,331 shares of the industrial products company’s stock worth $184,506,000 after acquiring an additional 761,191 shares in the last quarter. Institutional investors own 87.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. The Goldman Sachs Group restated a “neutral” rating and set a $84.00 target price on shares of Stanley Black & Decker in a report on Thursday, February 5th. Citigroup boosted their price target 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. Barclays reissued an “overweight” rating and set a $100.00 price target on shares of Stanley Black & Decker in a research report on Thursday, February 5th. Robert W. Baird raised their target price on shares of Stanley Black & Decker from $75.00 to $85.00 and gave the company a “neutral” rating in a research note on Tuesday, December 23rd. Finally, Morgan Stanley increased their price target on shares of Stanley Black & Decker from $80.00 to $87.00 and gave the company an “equal weight” rating in a research note on Monday, February 23rd. Four analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $86.89.

Stanley Black & Decker Trading Down 0.8%

SWK stock opened at $75.45 on Tuesday. Stanley Black & Decker, Inc. has a one year low of $53.91 and a one year high of $93.37. The stock has a market cap of $11.70 billion, a price-to-earnings ratio of 28.47, a price-to-earnings-growth ratio of 1.09 and a beta of 1.18. The company has a fifty day moving average price of $83.41 and a two-hundred day moving average price of $76.07. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.14 and a quick ratio of 0.35.

Stanley Black & Decker (NYSE:SWK) last posted its earnings results on Wednesday, February 4th. The industrial products company reported $1.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.27 by $0.14. The company had revenue of $3.68 billion during the quarter, compared to analysts’ expectations of $3.78 billion. Stanley Black & Decker had a net margin of 2.66% and a return on equity of 7.90%. Stanley Black & Decker’s quarterly revenue was down 1.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.49 EPS. 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 EPS for the current year.

Stanley Black & Decker Dividend Announcement

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

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.