Stanley Black & Decker, Inc. $SWK Shares Purchased by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC raised its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 31.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,950 shares of the industrial products company’s stock after acquiring an additional 10,606 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Stanley Black & Decker were worth $3,267,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in SWK. Vanguard Group Inc. increased its stake in Stanley Black & Decker by 0.5% during the 2nd quarter. Vanguard Group Inc. now owns 18,663,999 shares of the industrial products company’s stock worth $1,264,486,000 after buying an additional 91,016 shares during the period. State Street Corp grew its stake in shares of Stanley Black & Decker by 2.3% during the second quarter. State Street Corp now owns 9,423,438 shares of the industrial products company’s stock valued at $638,438,000 after acquiring an additional 215,960 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Stanley Black & Decker by 1.7% during the second quarter. Geode Capital Management LLC now owns 3,965,007 shares of the industrial products company’s stock worth $268,110,000 after acquiring an additional 65,327 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in shares of Stanley Black & Decker by 2.0% in the second quarter. Massachusetts Financial Services Co. MA now owns 3,182,343 shares of the industrial products company’s stock worth $215,604,000 after acquiring an additional 63,132 shares in the last quarter. Finally, ProShare Advisors LLC boosted its holdings in Stanley Black & Decker by 38.8% in the second quarter. ProShare Advisors LLC now owns 2,723,331 shares of the industrial products company’s stock valued at $184,506,000 after purchasing an additional 761,191 shares during the last quarter. 87.77% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Robert W. Baird upped their target price on Stanley Black & Decker from $75.00 to $85.00 and gave the company a “neutral” rating in a research report on Tuesday, December 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Wednesday, October 8th. Morgan Stanley set a $88.00 price objective on shares of Stanley Black & Decker in a report on Monday, December 22nd. UBS Group reduced their price target on shares of Stanley Black & Decker from $105.00 to $98.00 and set a “buy” rating on the stock in a research report on Monday, January 5th. Finally, Wall Street Zen downgraded Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Sunday, October 19th. Five equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $86.56.

Stanley Black & Decker Stock Up 0.1%

Shares of NYSE:SWK opened at $82.42 on Tuesday. The company’s fifty day moving average is $72.17 and its two-hundred day moving average is $72.27. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.35 and a current ratio of 1.11. Stanley Black & Decker, Inc. has a 1-year low of $53.91 and a 1-year high of $91.06. The stock has a market capitalization of $12.76 billion, a price-to-earnings ratio of 28.52, a price-to-earnings-growth ratio of 2.02 and a beta of 1.20.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings data on Thursday, June 30th. The industrial products company reported $2.85 earnings per share for the quarter. Stanley Black & Decker had a net margin of 2.89% and a return on equity of 8.10%. The business had revenue of $3.72 billion during the quarter. Stanley Black & Decker has set its FY 2025 guidance at 4.550-4.650 EPS. Equities analysts anticipate that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 16th. Investors of record on Monday, December 1st were paid a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Monday, December 1st. Stanley Black & Decker’s dividend payout ratio is presently 114.88%.

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.