Geode Capital Management LLC Purchases 203,200 Shares of Stanley Black & Decker, Inc. $SWK

Geode Capital Management LLC increased its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 5.3% in the 4th quarter, HoldingsChannel reports. The firm owned 4,041,089 shares of the industrial products company’s stock after acquiring an additional 203,200 shares during the quarter. Geode Capital Management LLC’s holdings in Stanley Black & Decker were worth $299,646,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares 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 valued at $949,050,000 after purchasing an additional 116,302 shares in the last quarter. State Street Corp boosted its holdings in shares of Stanley Black & Decker by 2.3% in the 2nd quarter. State Street Corp now owns 9,423,438 shares of the industrial products company’s stock valued at $638,438,000 after purchasing an additional 215,960 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of Stanley Black & Decker by 49.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,379,653 shares of the industrial products company’s stock valued at $325,541,000 after purchasing an additional 1,450,170 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Stanley Black & Decker by 11.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 4,329,175 shares of the industrial products company’s stock valued at $321,781,000 after purchasing an additional 452,398 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC boosted its holdings in shares of Stanley Black & Decker by 9.0% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 3,103,941 shares of the industrial products company’s stock valued at $230,716,000 after purchasing an additional 255,295 shares in the last quarter. Institutional investors own 87.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on SWK. Barclays reduced their target price on Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating on the stock in a report on Wednesday, April 1st. Wall Street Zen downgraded Stanley Black & Decker from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Citigroup raised their target price on Stanley Black & Decker from $90.00 to $100.00 and gave the company a “buy” rating in a report on Friday, February 6th. Argus raised Stanley Black & Decker to a “hold” rating in a report on Tuesday, February 10th. Finally, Robert W. Baird set a $84.00 target price on Stanley Black & Decker in a report on Thursday, April 30th. Four research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $87.33.

Stanley Black & Decker Stock Down 1.6%

Shares of SWK opened at $78.13 on Tuesday. The stock has a market capitalization of $12.15 billion, a price-to-earnings ratio of 32.02, a PEG ratio of 1.12 and a beta of 1.19. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.43 and a current ratio of 1.14. Stanley Black & Decker, Inc. has a 52 week low of $61.90 and a 52 week high of $93.37. The stock has a fifty day moving average of $74.39 and a 200-day moving average of $76.60.

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

Stanley Black & Decker Announces Dividend

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

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.