Northwestern Mutual Wealth Management Co. Takes Position in Stanley Black & Decker, Inc. $SWK

Northwestern Mutual Wealth Management Co. acquired a new position in Stanley Black & Decker, Inc. (NYSE:SWK) in the 2nd quarter, HoldingsChannel.com reports. The firm acquired 14,751 shares of the industrial products company’s stock, valued at approximately $1,388,000.

Several other institutional investors have also made changes to their positions in the stock. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Stanley Black & Decker during the first quarter worth $47,448,000. New York Life Investment Management LLC grew its stake in Stanley Black & Decker by 67.5% in the fourth quarter. New York Life Investment Management LLC now owns 34,766 shares of the industrial products company’s stock valued at $2,582,000 after purchasing an additional 14,005 shares in the last quarter. Assenagon Asset Management S.A. grew its stake in Stanley Black & Decker by 533.7% in the second quarter. Assenagon Asset Management S.A. now owns 96,322 shares of the industrial products company’s stock valued at $9,066,000 after purchasing an additional 81,121 shares in the last quarter. Oak Thistle LLC acquired a new position in Stanley Black & Decker in the 2nd quarter worth about $1,440,000. Finally, Benjamin Edwards Inc. acquired a new stake in shares of Stanley Black & Decker during the 2nd quarter valued at about $1,115,000. 87.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently weighed in on SWK shares. 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, July 29th. Wall Street Zen raised shares of Stanley Black & Decker from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 1st. Wells Fargo & Company increased 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 research note on Thursday, June 18th. Weiss Ratings raised shares of Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Finally, Citigroup upped their price objective on shares of Stanley Black & Decker from $100.00 to $107.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $92.25.

Stanley Black & Decker Trading Up 0.1%

Shares of NYSE:SWK opened at $98.58 on Wednesday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.55 and a current ratio of 1.43. The stock’s 50-day moving average is $93.62 and its 200-day moving average is $83.45. The company has a market cap of $14.89 billion, a P/E ratio of 24.05, a P/E/G ratio of 1.32 and a beta of 1.16. Stanley Black & Decker, Inc. has a 52-week low of $61.90 and a 52-week high of $104.68.

Stanley Black & Decker (NYSE:SWK) last posted its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.36. The company had revenue of $3.96 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.08 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Equities research analysts predict that Stanley Black & Decker, Inc. will post 5.57 earnings per share for the current year.

Stanley Black & Decker Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Tuesday, September 8th will be issued a $0.84 dividend. This represents a $3.36 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend is Tuesday, September 8th. This is an increase from Stanley Black & Decker’s previous quarterly dividend of $0.83. Stanley Black & Decker’s dividend payout ratio (DPR) is presently 80.98%.

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.