ING Groep NV Purchases New Shares in Stanley Black & Decker, Inc. $SWK

ING Groep NV purchased a new position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 53,504 shares of the industrial products company’s stock, valued at approximately $3,977,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Princeton Global Asset Management LLC acquired a new stake in shares of Stanley Black & Decker in the second quarter valued at approximately $25,000. Chapman Financial Group LLC bought a new position in Stanley Black & Decker during the 2nd quarter worth $26,000. CYBER HORNET ETFs LLC acquired a new position in Stanley Black & Decker in the 2nd quarter valued at $28,000. Hanson & Doremus Investment Management acquired a new stake in shares of Stanley Black & Decker during the 3rd quarter worth $30,000. Finally, Sentry Investment Management LLC bought a new position in shares of Stanley Black & Decker in the third quarter worth $31,000. Institutional investors and hedge funds own 87.77% of the company’s stock.

Stanley Black & Decker Stock Performance

NYSE SWK opened at $89.60 on Friday. The firm’s fifty day moving average price is $79.50 and its two-hundred day moving average price is $74.29. The stock has a market cap of $13.88 billion, a PE ratio of 33.81, a PEG ratio of 1.31 and a beta of 1.21. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.35 and a current ratio of 1.14. Stanley Black & Decker, Inc. has a fifty-two week low of $53.91 and a fifty-two week high of $93.37.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.27 by $0.14. Stanley Black & Decker had a return on equity of 7.90% and a net margin of 2.66%.The company had revenue of $3.68 billion for the quarter, compared to the consensus estimate of $3.78 billion. During the same quarter last year, the business posted $1.49 EPS. Stanley Black & Decker’s revenue for the quarter was down 1.0% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, equities analysts expect that Stanley Black & Decker, Inc. will post 5.16 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Wall Street Zen cut shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a research report on Sunday, October 19th. Citigroup increased their price target on shares of Stanley Black & Decker from $90.00 to $100.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Barclays restated an “overweight” rating and set a $100.00 price objective on shares of Stanley Black & Decker in a research report on Thursday, February 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Stanley Black & Decker in a report on Wednesday, January 21st. Finally, The Goldman Sachs Group reissued a “neutral” rating and set a $84.00 price target on shares of Stanley Black & Decker in a report on Thursday, February 5th. Five research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Stanley Black & Decker presently has a consensus rating of “Hold” and a consensus target price of $87.00.

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.