Mitsubishi UFJ Asset Management Co. Ltd. Takes Position in Stanley Black & Decker, Inc. $SWK

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Stanley Black & Decker, Inc. (NYSE:SWKFree Report) in the 2nd quarter, HoldingsChannel reports. The firm purchased 254,862 shares of the industrial products company’s stock, valued at approximately $23,987,000.

A number of other hedge funds also recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Stanley Black & Decker by 3.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,648 shares of the industrial products company’s stock worth $1,203,000 after buying an additional 559 shares during the period. Empowered Funds LLC grew its stake in Stanley Black & Decker by 8.2% in the 1st quarter. Empowered Funds LLC now owns 4,645 shares of the industrial products company’s stock valued at $357,000 after acquiring an additional 353 shares during the period. Focus Partners Wealth increased its holdings in Stanley Black & Decker by 18.8% in the 1st quarter. Focus Partners Wealth now owns 6,981 shares of the industrial products company’s stock worth $537,000 after acquiring an additional 1,105 shares in the last quarter. CW Advisors LLC acquired a new position in Stanley Black & Decker during the second quarter worth $249,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in Stanley Black & Decker by 53.6% during the second quarter. EverSource Wealth Advisors LLC now owns 989 shares of the industrial products company’s stock valued at $67,000 after purchasing an additional 345 shares in the last quarter. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Stock Performance

SWK opened at $98.83 on Friday. Stanley Black & Decker, Inc. has a twelve month low of $61.90 and a twelve month high of $104.68. The firm has a market capitalization of $14.93 billion, a PE ratio of 24.10, a PEG ratio of 1.34 and a beta of 1.16. The company has a current ratio of 1.43, a quick ratio of 0.55 and a debt-to-equity ratio of 0.53. The firm’s 50-day moving average price is $92.73 and its 200 day moving average price is $83.08.

Stanley Black & Decker (NYSE:SWKGet Free Report) last released its earnings results on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share for the quarter, topping analysts’ consensus estimates of $1.21 by $0.36. The business had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.97 billion. Stanley Black & Decker had a net margin of 4.07% and a return on equity of 8.78%. The business’s revenue was up .4% on a year-over-year basis. During the same period last year, the company posted $1.08 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. As a group, sell-side analysts expect that Stanley Black & Decker, Inc. will post 5.58 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. Shareholders of record on Tuesday, September 8th will be paid a dividend of $0.84 per share. This represents a $3.36 dividend on an annualized basis and a yield of 3.4%. This is an increase from Stanley Black & Decker’s previous quarterly dividend of $0.83. The ex-dividend date of this dividend is Tuesday, September 8th. Stanley Black & Decker’s dividend payout ratio is presently 80.98%.

Key Stanley Black & Decker News

Here are the key news stories impacting Stanley Black & Decker this week:

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on SWK. Citigroup lifted their target price on shares of Stanley Black & Decker from $100.00 to $107.00 and gave the company a “buy” rating in a research report on Friday, July 31st. JPMorgan Chase & Co. raised their price target on shares of Stanley Black & Decker from $65.00 to $75.00 and gave the company an “underweight” rating in a research note on Friday, May 1st. Weiss Ratings upgraded Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 31st. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $93.00 price target on shares of Stanley Black & Decker in a research note on Wednesday, July 29th. Finally, Wall Street Zen upgraded Stanley Black & Decker from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 1st. Three research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Stanley Black & Decker presently has an average rating of “Hold” and an average price target of $92.25.

Check Out Our Latest Report on Stanley Black & Decker

About Stanley Black & Decker

(Free Report)

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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Institutional Ownership by Quarter for Stanley Black & Decker (NYSE:SWK)

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