Ameriprise Financial Inc. Boosts Stock Position in Stanley Black & Decker, Inc. $SWK

Ameriprise Financial Inc. lifted its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 49.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,379,653 shares of the industrial products company’s stock after buying an additional 1,450,170 shares during the period. Ameriprise Financial Inc. owned about 2.83% of Stanley Black & Decker worth $325,541,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of SWK. Tred Avon Family Wealth LLC bought a new stake in shares of Stanley Black & Decker in the 3rd quarter worth approximately $939,000. Massachusetts Financial Services Co. MA grew its holdings in shares of Stanley Black & Decker by 0.5% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,199,427 shares of the industrial products company’s stock valued at $237,813,000 after purchasing an additional 17,084 shares during the last quarter. Godsey & Gibb Inc. raised its position in Stanley Black & Decker by 14.6% in the 3rd quarter. Godsey & Gibb Inc. now owns 212,480 shares of the industrial products company’s stock worth $15,794,000 after purchasing an additional 27,140 shares during the period. Baird Financial Group Inc. raised its position in Stanley Black & Decker by 773.1% in the 2nd quarter. Baird Financial Group Inc. now owns 53,278 shares of the industrial products company’s stock worth $3,610,000 after purchasing an additional 47,176 shares during the period. Finally, Osaic Holdings Inc. lifted its stake in Stanley Black & Decker by 48.1% in the second quarter. Osaic Holdings Inc. now owns 44,816 shares of the industrial products company’s stock worth $3,038,000 after purchasing an additional 14,550 shares during the last quarter. Institutional investors own 87.77% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on SWK. UBS Group reduced their price objective on Stanley Black & Decker from $105.00 to $98.00 and set a “buy” rating on the stock in a research note on Monday, January 5th. Argus raised Stanley Black & Decker to a “hold” rating in a research note on Tuesday, February 10th. Morgan Stanley raised their price target on Stanley Black & Decker from $80.00 to $87.00 and gave the stock an “equal weight” rating in a research report on Monday, February 23rd. Wells Fargo & Company lifted their price target on Stanley Black & Decker from $75.00 to $82.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 14th. Finally, Citigroup boosted their price objective on Stanley Black & Decker from $90.00 to $100.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Four analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $86.89.

Stanley Black & Decker Price Performance

SWK opened at $71.07 on Tuesday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.35 and a current ratio of 1.14. The stock has a market capitalization of $11.04 billion, a PE ratio of 26.82, a price-to-earnings-growth ratio of 1.01 and a beta of 1.18. The stock’s 50 day moving average price is $83.06 and its 200-day moving average price is $75.93. Stanley Black & Decker, Inc. has a 52-week low of $53.91 and a 52-week high of $93.37.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $1.41 EPS for the quarter, topping analysts’ consensus estimates of $1.27 by $0.14. The company had revenue of $3.68 billion during the quarter, compared to analyst estimates of $3.78 billion. Stanley Black & Decker had a return on equity of 7.90% and a net margin of 2.66%.The firm’s revenue was down 1.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.49 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, equities research analysts predict that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th will be given a $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend is Tuesday, March 10th. Stanley Black & Decker’s dividend payout ratio (DPR) is currently 125.28%.

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.