Nomura Asset Management Co. Ltd. Trims Stake in Stanley Black & Decker, Inc. $SWK

Nomura Asset Management Co. Ltd. reduced its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 1.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 531,962 shares of the industrial products company’s stock after selling 6,658 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Stanley Black & Decker were worth $39,514,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Capital Research Global Investors boosted its holdings in shares of Stanley Black & Decker by 0.9% in the 3rd quarter. Capital Research Global Investors now owns 12,768,115 shares of the industrial products company’s stock worth $949,050,000 after purchasing an additional 116,302 shares in the last quarter. Douglas Lane & Associates LLC boosted its holdings in shares of Stanley Black & Decker by 47.4% in the 4th quarter. Douglas Lane & Associates LLC now owns 106,850 shares of the industrial products company’s stock worth $7,937,000 after purchasing an additional 34,365 shares in the last quarter. Polianta Ltd purchased a new position in shares of Stanley Black & Decker in the 4th quarter worth about $1,611,000. Neo Ivy Capital Management boosted its holdings in shares of Stanley Black & Decker by 314.0% in the 3rd quarter. Neo Ivy Capital Management now owns 17,488 shares of the industrial products company’s stock worth $1,300,000 after purchasing an additional 13,264 shares in the last quarter. Finally, Ameritas Investment Partners Inc. boosted its holdings in shares of Stanley Black & Decker by 1,077.4% in the 3rd quarter. Ameritas Investment Partners Inc. now owns 17,190 shares of the industrial products company’s stock worth $1,278,000 after purchasing an additional 15,730 shares in the last quarter. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

SWK has been the subject of several recent research reports. Wall Street Zen downgraded shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Argus raised Stanley Black & Decker to a “hold” rating in a research note on Tuesday, February 10th. Barclays dropped their target price on Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating for the company in a report on Wednesday, April 1st. Weiss Ratings restated a “hold (c)” rating on shares of Stanley Black & Decker in a report on Monday, April 20th. Finally, Robert W. Baird set a $84.00 target price on Stanley Black & Decker in a report on Thursday, April 30th. Four equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $87.33.

Stanley Black & Decker Stock Up 0.1%

Shares of Stanley Black & Decker stock opened at $79.50 on Monday. The company has a current ratio of 1.14, a quick ratio of 0.43 and a debt-to-equity ratio of 0.52. The company’s fifty day simple moving average is $74.20 and its two-hundred day simple moving average is $76.53. The company has a market cap of $12.36 billion, a P/E ratio of 32.58, a PEG ratio of 1.12 and a beta of 1.19. Stanley Black & Decker, Inc. has a 12-month low of $61.90 and a 12-month high of $93.37.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.19. The business had revenue of $3.85 billion for the quarter, compared to the consensus estimate of $3.75 billion. Stanley Black & Decker had a net margin of 2.44% and a return on equity of 7.95%. The company’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.75 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Research analysts anticipate that Stanley Black & Decker, Inc. will post 5.32 EPS for the current year.

Stanley Black & Decker Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 23rd. Shareholders of record on Monday, June 8th will be given a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Monday, June 8th. Stanley Black & Decker’s payout ratio is presently 136.07%.

Stanley Black & Decker 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.