Stanley Black & Decker, Inc. $SWK Shares Sold by Wellington Management Group LLP

Wellington Management Group LLP decreased its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 21.8% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 320,048 shares of the industrial products company’s stock after selling 89,279 shares during the period. Wellington Management Group LLP’s holdings in Stanley Black & Decker were worth $30,123,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Stanley Black & Decker by 3.7% in 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 purchasing an additional 559 shares during the period. Empowered Funds LLC increased its position in shares of Stanley Black & Decker by 8.2% in the first quarter. Empowered Funds LLC now owns 4,645 shares of the industrial products company’s stock valued at $357,000 after buying an additional 353 shares in the last quarter. Focus Partners Wealth raised its stake in shares of Stanley Black & Decker by 18.8% during the 1st quarter. Focus Partners Wealth now owns 6,981 shares of the industrial products company’s stock worth $537,000 after buying an additional 1,105 shares during the period. CW Advisors LLC purchased a new position in shares of Stanley Black & Decker during the 2nd quarter valued at approximately $249,000. Finally, EverSource Wealth Advisors LLC grew its stake in Stanley Black & Decker by 53.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 989 shares of the industrial products company’s stock valued at $67,000 after acquiring an additional 345 shares during the period. 87.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

SWK has been the topic of several recent analyst reports. Citigroup increased their price objective on shares of Stanley Black & Decker from $100.00 to $107.00 and gave the company a “buy” rating in a report on Friday, July 31st. 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. Wells Fargo & Company boosted their price objective on 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. Wall Street Zen cut Stanley Black & Decker from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 29th. Finally, Morgan Stanley set a $96.00 price objective on Stanley Black & Decker in a report on Monday, August 10th. Three equities 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 company. Based on data from MarketBeat.com, Stanley Black & Decker currently has a consensus rating of “Hold” and an average target price of $92.25.

Stanley Black & Decker Price Performance

Stanley Black & Decker stock opened at $97.24 on Friday. 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 company has a 50-day moving average price of $95.20 and a 200 day moving average price of $83.92. Stanley Black & Decker, Inc. has a 12-month low of $61.90 and a 12-month high of $104.68. The stock has a market cap of $14.69 billion, a P/E ratio of 23.72, a PEG ratio of 1.48 and a beta of 1.17.

Stanley Black & Decker (NYSE:SWK) last posted its earnings results on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.36. The company 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%. Stanley Black & Decker’s revenue was up .4% on a year-over-year basis. During the same period in the previous year, the business posted $1.08 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Sell-side analysts anticipate 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. Shareholders of record on Tuesday, September 8th will be paid a dividend of $0.84 per share. This represents a $3.36 annualized dividend and a yield of 3.5%. This is a positive change 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 payout ratio is 80.98%.

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.