Hsbc Holdings PLC Boosts Position in Stanley Black & Decker, Inc. $SWK

Hsbc Holdings PLC lifted its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWKFree Report) by 37.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 242,508 shares of the industrial products company’s stock after acquiring an additional 65,834 shares during the quarter. Hsbc Holdings PLC’s holdings in Stanley Black & Decker were worth $18,040,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Capital Research Global Investors increased its position in Stanley Black & Decker by 0.7% during the 4th quarter. Capital Research Global Investors now owns 12,856,517 shares of the industrial products company’s stock valued at $954,991,000 after purchasing an additional 88,402 shares during the period. Price T Rowe Associates Inc. MD lifted its position in shares of Stanley Black & Decker by 1.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 9,898,190 shares of the industrial products company’s stock worth $735,239,000 after purchasing an additional 101,769 shares during the period. State Street Corp boosted its stake in shares of Stanley Black & Decker by 2.3% during 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. Dimensional Fund Advisors LP boosted its stake in shares of Stanley Black & Decker by 12.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,884,278 shares of the industrial products company’s stock valued at $362,812,000 after purchasing an additional 555,103 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of Stanley Black & Decker by 49.5% during the third quarter. Ameriprise Financial Inc. now owns 4,379,653 shares of the industrial products company’s stock valued at $325,541,000 after buying an additional 1,450,170 shares during the period. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Price Performance

SWK stock opened at $92.08 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.43 and a current ratio of 1.14. The firm has a 50 day moving average price of $79.03 and a 200-day moving average price of $78.47. Stanley Black & Decker, Inc. has a 52-week low of $61.90 and a 52-week high of $93.50. The firm has a market capitalization of $14.31 billion, a price-to-earnings ratio of 37.74, a PEG ratio of 1.25 and a beta of 1.19.

Stanley Black & Decker (NYSE:SWKGet Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.19. The company had revenue of $3.85 billion for the quarter, compared to the consensus estimate of $3.75 billion. Stanley Black & Decker had a return on equity of 7.95% and a net margin of 2.44%.The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.75 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Equities research analysts forecast that Stanley Black & Decker, Inc. will post 5.35 EPS for the current fiscal year.

Stanley Black & Decker Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Monday, June 8th were given a $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, June 8th. Stanley Black & Decker’s payout ratio is currently 136.07%.

Analyst Ratings Changes

Several analysts have commented on the stock. Morgan Stanley lowered their price objective on shares of Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating for the company in a report on Thursday, May 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Stanley Black & Decker in a research report on Monday, April 20th. Robert W. Baird set a $84.00 price target on Stanley Black & Decker in a research report on Thursday, April 30th. Barclays reduced their price target on Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 1st. Finally, Wall Street Zen raised Stanley Black & Decker from a “hold” rating to a “buy” rating in a research report on Saturday, June 20th. 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 stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $88.44.

Check Out Our Latest Analysis on SWK

Stanley Black & Decker Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Stanley Black & Decker (NYSE:SWK)

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