Stanley Black & Decker, Inc. $SWK Shares Sold by NFJ Investment Group LLC

NFJ Investment Group LLC lowered its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 4.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 730,245 shares of the industrial products company’s stock after selling 31,092 shares during the quarter. Stanley Black & Decker comprises about 2.0% of NFJ Investment Group LLC’s investment portfolio, making the stock its 10th biggest holding. NFJ Investment Group LLC’s holdings in Stanley Black & Decker were worth $54,243,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Capital Research Global Investors raised its position 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 acquiring an additional 116,302 shares during the last quarter. Douglas Lane & Associates LLC raised its position in Stanley Black & Decker by 47.4% during the fourth quarter. Douglas Lane & Associates LLC now owns 106,850 shares of the industrial products company’s stock worth $7,937,000 after acquiring an additional 34,365 shares during the last quarter. Polianta Ltd acquired a new position in Stanley Black & Decker during the fourth quarter worth about $1,611,000. Neo Ivy Capital Management grew its holdings in shares of Stanley Black & Decker by 314.0% during the third quarter. Neo Ivy Capital Management now owns 17,488 shares of the industrial products company’s stock worth $1,300,000 after buying an additional 13,264 shares in the last quarter. Finally, Ameritas Investment Partners Inc. grew its holdings in shares of Stanley Black & Decker by 1,077.4% during the third quarter. Ameritas Investment Partners Inc. now owns 17,190 shares of the industrial products company’s stock worth $1,278,000 after buying an additional 15,730 shares in the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on SWK. Wall Street Zen downgraded shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Weiss Ratings reiterated a “hold (c)” rating on shares of Stanley Black & Decker in a report on Monday, April 20th. Barclays lowered their price target on shares of Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating for the company in a report on Wednesday, April 1st. JPMorgan Chase & Co. lifted their price target on shares of Stanley Black & Decker from $65.00 to $75.00 and gave the stock an “underweight” rating in a report on Friday, May 1st. Finally, Morgan Stanley lowered their price target on shares of Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating for the company in a report on Thursday, May 28th. Four 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 MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $87.33.

Stanley Black & Decker Price Performance

Stanley Black & Decker stock opened at $83.57 on Friday. Stanley Black & Decker, Inc. has a 1 year low of $61.90 and a 1 year high of $93.37. The firm has a 50 day moving average price of $76.17 and a 200 day moving average price of $77.47. The company has a market cap of $12.99 billion, a price-to-earnings ratio of 34.25, a PEG ratio of 1.18 and a beta of 1.19. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.43 and a current ratio of 1.14.

Stanley Black & Decker (NYSE:SWK) last released 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 the consensus estimate of $3.75 billion. During the same period in the previous year, the firm earned $0.75 earnings per share. 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. Sell-side analysts predict that Stanley Black & Decker, Inc. will post 5.32 earnings per share for the current year.

Stanley Black & Decker Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 23rd. Investors of record on Monday, June 8th will be issued a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Monday, June 8th. Stanley Black & Decker’s payout ratio is presently 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.