The Manufacturers Life Insurance Company Raises Position in Stanley Black & Decker, Inc. $SWK

The Manufacturers Life Insurance Company grew its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 11.7% in the 1st quarter, HoldingsChannel.com reports. The fund owned 371,251 shares of the industrial products company’s stock after buying an additional 38,958 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Stanley Black & Decker were worth $26,381,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Chapman Financial Group LLC purchased a new position in Stanley Black & Decker in the second quarter valued at $26,000. CYBER HORNET ETFs LLC purchased a new stake in Stanley Black & Decker during the 2nd quarter worth about $28,000. Motiv8 Investments LLC acquired a new stake in Stanley Black & Decker in the 4th quarter valued at about $31,000. MUFG Securities EMEA plc acquired a new stake in Stanley Black & Decker in the 2nd quarter valued at about $31,000. Finally, Parkside Financial Bank & Trust boosted its stake in shares of Stanley Black & Decker by 96.6% in the 4th quarter. Parkside Financial Bank & Trust now owns 466 shares of the industrial products company’s stock valued at $35,000 after buying an additional 229 shares during the period. 87.77% of the stock is currently owned by institutional investors and hedge funds.

Stanley Black & Decker Trading Down 1.0%

SWK opened at $94.60 on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.43 and a current ratio of 1.43. Stanley Black & Decker, Inc. has a one year low of $61.90 and a one year high of $96.04. The company has a market cap of $14.71 billion, a P/E ratio of 23.07, a PEG ratio of 1.32 and a beta of 1.16. The business’s 50-day simple moving average is $86.50 and its 200-day simple moving average is $81.20.

Stanley Black & Decker (NYSE:SWK) last posted its earnings results on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.36. The firm had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.97 billion. Stanley Black & Decker had a return on equity of 8.78% and a net margin of 4.07%.The firm’s revenue was up .4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.08 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. As a group, equities research analysts expect that Stanley Black & Decker, Inc. will post 5.43 EPS for the current fiscal year.

Stanley Black & Decker Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Tuesday, September 8th will be given a dividend of $0.84 per share. The ex-dividend date is Tuesday, September 8th. This represents a $3.36 annualized dividend and a dividend yield of 3.6%. This is a boost from Stanley Black & Decker’s previous quarterly dividend of $0.83. Stanley Black & Decker’s payout ratio is presently 81.95%.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Stanley Black & Decker in a research report on Friday, July 17th. Morgan Stanley decreased 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 research note on Thursday, May 28th. Wells Fargo & Company boosted their price target on shares of Stanley Black & Decker from $80.00 to $90.00 and gave the stock an “equal weight” rating in a report on Thursday, June 18th. JPMorgan Chase & Co. increased their price objective on shares of Stanley Black & Decker from $65.00 to $75.00 and gave the company an “underweight” rating in a research report on Friday, May 1st. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $93.00 price objective on shares of Stanley Black & Decker in a research report on Wednesday. Four research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $90.22.

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.