Stanley Black & Decker, Inc. $SWK Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. trimmed its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 9.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,507 shares of the industrial products company’s stock after selling 6,957 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Stanley Black & Decker were worth $4,655,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Capital Research Global Investors grew its stake in shares of Stanley Black & Decker by 0.7% during the fourth quarter. Capital Research Global Investors now owns 12,856,517 shares of the industrial products company’s stock worth $954,991,000 after acquiring an additional 88,402 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of Stanley Black & Decker by 1.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 9,898,190 shares of the industrial products company’s stock valued at $735,239,000 after purchasing an additional 101,769 shares during the last quarter. State Street Corp boosted its stake in Stanley Black & Decker by 2.3% in the 2nd quarter. State Street Corp now owns 9,423,438 shares of the industrial products company’s stock worth $638,438,000 after purchasing an additional 215,960 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Stanley Black & Decker by 12.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,884,278 shares of the industrial products company’s stock worth $362,812,000 after purchasing an additional 555,103 shares during the last quarter. Finally, Ameriprise Financial Inc. increased 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 valued at $325,541,000 after purchasing an additional 1,450,170 shares in the last quarter. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

Stanley Black & Decker Trading Up 0.9%

NYSE SWK opened at $87.28 on Wednesday. Stanley Black & Decker, Inc. has a 1 year low of $61.90 and a 1 year high of $95.16. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.14 and a quick ratio of 0.43. The company has a market capitalization of $13.57 billion, a PE ratio of 35.77, a P/E/G ratio of 1.21 and a beta of 1.16. The company has a fifty day moving average of $82.93 and a 200 day moving average of $79.95.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.19. The business had revenue of $3.85 billion during 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 revenue was up 2.7% on a year-over-year basis. During the same quarter last year, the business posted $0.75 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Research analysts forecast that Stanley Black & Decker, Inc. will post 5.35 earnings per share for the current year.

Stanley Black & Decker Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Monday, June 8th were paid a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was Monday, June 8th. Stanley Black & Decker’s dividend payout ratio is presently 136.07%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on SWK. Wells Fargo & Company lifted their price objective on shares of Stanley Black & Decker from $80.00 to $90.00 and gave the stock an “equal weight” rating in a research note on Thursday, June 18th. Weiss Ratings restated a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Monday, April 20th. Wall Street Zen raised Stanley Black & Decker from a “hold” rating to a “buy” rating in a research report on Saturday, June 20th. Robert W. Baird set a $84.00 price objective on Stanley Black & Decker in a report on Thursday, April 30th. Finally, Barclays reduced their price objective on Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating for the company in a research note on Wednesday, April 1st. Four investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $88.44.

About Stanley Black & Decker

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.