AIA Group Ltd Raises Stock Holdings in Stanley Black & Decker, Inc. $SWK

AIA Group Ltd lifted its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 196.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,683 shares of the industrial products company’s stock after acquiring an additional 9,062 shares during the period. AIA Group Ltd’s holdings in Stanley Black & Decker were worth $1,017,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Chapman Financial Group LLC purchased a new position in Stanley Black & Decker during the 2nd quarter worth $26,000. Hanson & Doremus Investment Management purchased a new position in Stanley Black & Decker during the 3rd quarter worth $30,000. CYBER HORNET ETFs LLC purchased a new position in Stanley Black & Decker during the 2nd quarter worth $28,000. Sentry Investment Management LLC acquired a new stake in shares of Stanley Black & Decker in the 3rd quarter worth $31,000. Finally, MUFG Securities EMEA plc purchased a new stake in shares of Stanley Black & Decker in the second quarter valued at about $31,000. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Analyst Ratings Changes

SWK has been the subject of several analyst reports. Wells Fargo & Company increased 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 report on Wednesday, January 14th. Morgan Stanley boosted their target price 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. Wall Street Zen raised Stanley Black & Decker from a “hold” rating to a “buy” rating in a research note on Saturday. Argus upgraded Stanley Black & Decker to a “hold” rating in a research note on Tuesday, February 10th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $84.00 price objective on shares of Stanley Black & Decker in a report on Thursday, February 5th. Four investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $86.89.

Stanley Black & Decker Stock Down 2.7%

SWK stock opened at $67.21 on Friday. The firm has a market cap of $10.44 billion, a price-to-earnings ratio of 25.36, a PEG ratio of 0.99 and a beta of 1.18. Stanley Black & Decker, Inc. has a 1-year low of $53.91 and a 1-year high of $93.37. The firm has a fifty day moving average price of $82.13 and a two-hundred day moving average price of $75.76. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.14 and a quick ratio of 0.35.

Stanley Black & Decker (NYSE:SWK) last posted its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $1.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.27 by $0.14. Stanley Black & Decker had a net margin of 2.66% and a return on equity of 7.90%. The company had revenue of $3.68 billion for the quarter, compared to the consensus estimate of $3.78 billion. During the same period last year, the firm posted $1.49 EPS. The company’s revenue for the quarter 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. Research analysts predict that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Stanley Black & Decker Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th will be paid a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date is Tuesday, March 10th. Stanley Black & Decker’s dividend payout ratio is presently 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.