Aberdeen Group plc Reduces Stock Position in Stanley Black & Decker, Inc. $SWK

Aberdeen Group plc decreased its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 80.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 28,577 shares of the industrial products company’s stock after selling 117,435 shares during the period. Aberdeen Group plc’s holdings in Stanley Black & Decker were worth $2,112,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Norges Bank purchased a new position in Stanley Black & Decker in the 2nd quarter worth about $107,111,000. Schroder Investment Management Group increased its position in shares of Stanley Black & Decker by 129.5% during the second quarter. Schroder Investment Management Group now owns 1,753,050 shares of the industrial products company’s stock worth $118,769,000 after acquiring an additional 989,032 shares during the period. ProShare Advisors LLC raised its stake in shares of Stanley Black & Decker by 38.8% during 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 acquiring an additional 761,191 shares in the last quarter. Balyasny Asset Management L.P. purchased a new stake in shares of Stanley Black & Decker in the second quarter valued at approximately $36,003,000. Finally, Clean Energy Transition LLP grew its stake in Stanley Black & Decker by 30.0% in the second quarter. Clean Energy Transition LLP now owns 1,785,462 shares of the industrial products company’s stock worth $120,965,000 after purchasing an additional 412,029 shares in the last quarter. 87.77% of the stock is owned by hedge funds and other institutional investors.

Stanley Black & Decker Stock Performance

Shares of SWK stock opened at $91.90 on Friday. Stanley Black & Decker, Inc. has a 12-month low of $53.91 and a 12-month high of $93.37. The business’s fifty day simple moving average is $81.49 and its 200-day simple moving average is $75.25. The company has a current ratio of 1.14, a quick ratio of 0.35 and a debt-to-equity ratio of 0.52. The company has a market cap of $14.23 billion, a PE ratio of 34.68, a PEG ratio of 1.33 and a beta of 1.21.

Stanley Black & Decker (NYSE:SWK) last posted its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $1.41 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $3.68 billion during the quarter, compared to analysts’ expectations of $3.78 billion. During the same quarter last year, the firm earned $1.49 EPS. The business’s quarterly 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. Analysts expect that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current fiscal year.

Analyst Ratings Changes

SWK has been the subject of a number of research analyst reports. Barclays reaffirmed an “overweight” rating and set a $100.00 target price on shares of Stanley Black & Decker in a research report on Thursday, February 5th. UBS Group lowered their price objective on shares of 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. 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. Citigroup boosted their price target on shares of Stanley Black & Decker from $90.00 to $100.00 and gave the company a “buy” rating in a report on Friday, February 6th. Finally, Wells Fargo & Company upped their price target on shares of Stanley Black & Decker from $75.00 to $82.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 14th. Five equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $87.00.

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.