Advisors Asset Management Inc. Increases Stock Holdings in Stanley Black & Decker, Inc. $SWK

Advisors Asset Management Inc. increased its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 84.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 53,405 shares of the industrial products company’s stock after buying an additional 24,450 shares during the quarter. Advisors Asset Management Inc.’s holdings in Stanley Black & Decker were worth $3,970,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SWK. Vanguard Group Inc. lifted its holdings in shares of 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 acquiring an additional 91,016 shares during the period. State Street Corp increased its position in 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 worth $638,438,000 after purchasing an additional 215,960 shares during the last quarter. Geode Capital Management LLC raised its stake in 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 purchasing an additional 65,327 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in shares of Stanley Black & Decker by 0.5% in 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. Finally, ProShare Advisors LLC grew its stake in shares of Stanley Black & Decker by 38.8% during the 2nd quarter. ProShare Advisors LLC now owns 2,723,331 shares of the industrial products company’s stock valued at $184,506,000 after buying an additional 761,191 shares during the period. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Citigroup increased their target price on Stanley Black & Decker from $90.00 to $100.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. UBS Group dropped their price target on Stanley Black & Decker from $105.00 to $98.00 and set a “buy” rating for the company in a research note on Monday, January 5th. Wells Fargo & Company lifted their price objective on Stanley Black & Decker from $75.00 to $82.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 14th. The Goldman Sachs Group reiterated a “neutral” rating and set a $84.00 target price on shares of Stanley Black & Decker in a report on Thursday, February 5th. Finally, Wall Street Zen lowered shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a report on Sunday, October 19th. Five equities research analysts have rated the stock with a Buy rating, six 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 $87.00.

Stanley Black & Decker Price Performance

Shares of NYSE SWK opened at $91.04 on Friday. The company has a quick ratio of 0.35, a current ratio of 1.14 and a debt-to-equity ratio of 0.52. Stanley Black & Decker, Inc. has a fifty-two week low of $53.91 and a fifty-two week high of $93.37. The business has a 50 day moving average price of $79.87 and a two-hundred day moving average price of $74.41. The firm has a market cap of $14.10 billion, a PE ratio of 34.35, a price-to-earnings-growth ratio of 1.29 and a beta of 1.21.

Stanley Black & Decker (NYSE:SWK) last released its earnings results on Wednesday, February 4th. The industrial products company reported $1.41 EPS for the quarter, beating the consensus estimate of $1.27 by $0.14. Stanley Black & Decker had a return on equity of 7.90% and a net margin of 2.66%.The company had revenue of $3.68 billion during the quarter, compared to analysts’ expectations of $3.78 billion. During the same period in the prior year, the business posted $1.49 EPS. The business’s revenue was down 1.0% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Sell-side analysts expect that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current fiscal year.

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.