Meiji Yasuda Asset Management Co Ltd. increased its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK – Free Report) by 7.2% during the 4th quarter, Holdings Channel reports. The fund owned 157,073 shares of the industrial products company’s stock after buying an additional 10,556 shares during the quarter. Meiji Yasuda Asset Management Co Ltd.’s holdings in Stanley Black & Decker were worth $11,667,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also bought and sold shares of SWK. Ameriprise Financial Inc. boosted its stake in Stanley Black & Decker by 49.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,379,653 shares of the industrial products company’s stock worth $325,541,000 after acquiring an additional 1,450,170 shares during the last quarter. Freestone Grove Partners LP bought a new position in Stanley Black & Decker during the 3rd quarter worth approximately $95,602,000. Strive Asset Management LLC bought a new position in Stanley Black & Decker during the 3rd quarter worth approximately $78,480,000. Clean Energy Transition LLP boosted its stake in Stanley Black & Decker by 56.8% during the 3rd quarter. Clean Energy Transition LLP now owns 2,799,218 shares of the industrial products company’s stock worth $208,066,000 after acquiring an additional 1,013,756 shares during the last quarter. Finally, Schroder Investment Management Group lifted its holdings in Stanley Black & Decker by 51.0% during the third quarter. Schroder Investment Management Group now owns 2,647,173 shares of the industrial products company’s stock worth $196,764,000 after acquiring an additional 894,123 shares in the last quarter. Institutional investors own 87.77% of the company’s stock.
Key Stanley Black & Decker News
Here are the key news stories impacting Stanley Black & Decker this week:
- Positive Sentiment: CRAFTSMAN launched new V20 ADVANCED batteries and a retail promotion at Lowe’s and Ace Hardware, potentially boosting demand for Stanley Black & Decker’s consumer tools business. CRAFTSMAN Launches New V20 ADVANCED Batteries to Help DIYers Power Through More Demanding Jobs
- Positive Sentiment: Zacks Research lifted FY2026 EPS estimates to $5.27 from $5.09, suggesting analysts see better near-term earnings power.
- Positive Sentiment: Zacks Research also increased its FY2028 EPS estimate to $6.69 from $6.65, reflecting slightly stronger long-term expectations.
- Neutral Sentiment: Analysts made mixed forecast changes across individual quarters, with some near-term estimates raised and several later-period estimates trimmed, which leaves the outlook balanced overall.
- Negative Sentiment: Zacks Research lowered estimates for Q1 2027, Q2 2027, Q3 2027, Q4 2026, and Q4 2027, which could pressure sentiment around future earnings growth.
Stanley Black & Decker Stock Performance
Stanley Black & Decker (NYSE:SWK – Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.19. The company had revenue of $3.85 billion for the quarter, compared to analyst estimates of $3.75 billion. Stanley Black & Decker had a return on equity of 7.95% and a net margin of 2.44%.The company’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.75 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, analysts forecast that Stanley Black & Decker, Inc. will post 5.3 EPS for the current fiscal year.
Stanley Black & Decker Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 23rd. Stockholders 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 dividend yield of 4.4%. The ex-dividend date is Monday, June 8th. Stanley Black & Decker’s payout ratio is 136.07%.
Wall Street Analyst Weigh In
Several research analysts have weighed in on the company. The Goldman Sachs Group reiterated a “neutral” rating and set a $84.00 target price on shares of Stanley Black & Decker in a report on Thursday, February 5th. Citigroup lifted their target price on Stanley Black & Decker from $90.00 to $100.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Morgan Stanley lifted their target price on Stanley Black & Decker from $80.00 to $87.00 and gave the stock an “equal weight” rating in a report on Monday, February 23rd. Argus upgraded Stanley Black & Decker to a “hold” rating in a report on Tuesday, February 10th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Monday, April 20th. Four equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $87.67.
Get Our Latest Stock Report on Stanley Black & Decker
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.
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