Meiji Yasuda Asset Management Co Ltd. Decreases Stock Position in Stanley Black & Decker, Inc. $SWK

Meiji Yasuda Asset Management Co Ltd. trimmed its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 4.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 146,517 shares of the industrial products company’s stock after selling 7,027 shares during the quarter. Meiji Yasuda Asset Management Co Ltd. owned 0.09% of Stanley Black & Decker worth $10,891,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in SWK. Greenwood Capital Associates LLC boosted its holdings in shares of Stanley Black & Decker by 1.1% in the 3rd quarter. Greenwood Capital Associates LLC now owns 14,565 shares of the industrial products company’s stock valued at $1,083,000 after buying an additional 159 shares during the period. Dakota Wealth Management lifted its stake in shares of Stanley Black & Decker by 1.3% in the 3rd quarter. Dakota Wealth Management now owns 12,645 shares of the industrial products company’s stock worth $940,000 after acquiring an additional 160 shares during the period. Crestwood Advisors Group LLC raised its stake in shares of Stanley Black & Decker by 2.3% in the 3rd quarter. Crestwood Advisors Group LLC now owns 7,107 shares of the industrial products company’s stock worth $528,000 after buying an additional 161 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Stanley Black & Decker by 19.0% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,177 shares of the industrial products company’s stock valued at $87,000 after acquiring an additional 188 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its stake in Stanley Black & Decker by 2.7% during the third quarter. Allspring Global Investments Holdings LLC now owns 7,227 shares of the industrial products company’s stock valued at $532,000 after purchasing an additional 192 shares during the last quarter. 87.77% of the stock is currently owned by institutional investors.

Stanley Black & Decker Stock Performance

SWK opened at $76.09 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.35 and a current ratio of 1.14. The company has a market cap of $11.80 billion, a PE ratio of 28.71, a price-to-earnings-growth ratio of 1.09 and a beta of 1.18. The stock has a 50-day moving average of $83.40 and a 200-day moving average of $76.04. Stanley Black & Decker, Inc. has a 52-week low of $53.91 and a 52-week high of $93.37.

Stanley Black & Decker (NYSE:SWK) last posted its earnings results on Wednesday, February 4th. The industrial products company reported $1.41 earnings per share for the quarter, topping 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 firm had revenue of $3.68 billion during the quarter, compared to analyst estimates of $3.78 billion. During the same period in the previous year, the company earned $1.49 EPS. The company’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. As a group, equities research analysts forecast that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current fiscal year.

Stanley Black & Decker Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th will be given a dividend of $0.83 per share. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $3.32 dividend on an annualized basis and a yield of 4.4%. Stanley Black & Decker’s payout ratio is currently 125.28%.

Analyst Upgrades and Downgrades

A number of research firms have commented on SWK. Citigroup upped their price objective on shares of Stanley Black & Decker from $90.00 to $100.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Morgan Stanley increased their price target on shares of Stanley Black & Decker from $80.00 to $87.00 and gave the stock an “equal weight” rating in a research report on Monday, February 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Stanley Black & Decker in a research report on Wednesday, January 21st. Barclays reiterated an “overweight” rating and set a $100.00 price target on shares of Stanley Black & Decker in a report on Thursday, February 5th. Finally, Wells Fargo & Company increased their price objective on Stanley Black & Decker from $75.00 to $82.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 14th. Four investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $86.89.

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.