Allianz Asset Management GmbH Makes New Investment in Stanley Black & Decker, Inc. $SWK

Key Points

• Allianz Asset Management acquired 66,795 shares of Stanley Black & Decker valued at approximately $6.3 million, while institutional investors collectively own 87.77% of the company.
• Analyst sentiment remains mixed, with three Buy, six Hold, and one Sell rating. The consensus rating is Hold with a price target of $92.25.
• Stanley Black & Decker beat quarterly earnings expectations, reporting $1.57 in EPS versus a $1.21 estimate, and raised its quarterly dividend to $0.84 per share, representing a 3.6% annualized yield.

Allianz Asset Management GmbH acquired a new position in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 66,795 shares of the industrial products company's stock, valued at approximately $6,287,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Chapman Financial Group LLC acquired a new position in Stanley Black & Decker during the second quarter valued at approximately $26,000. CYBER HORNET ETFs LLC acquired a new position in Stanley Black & Decker during the second quarter worth $28,000. Kovack Advisors Inc. bought a new stake in Stanley Black & Decker during the fourth quarter worth $28,000. Motiv8 Investments LLC bought a new stake in Stanley Black & Decker during the fourth quarter worth $31,000. Finally, Compass Financial Management LLC acquired a new stake in Stanley Black & Decker in the second quarter valued at $31,000. Institutional investors and hedge funds own 87.77% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on SWK shares. Weiss Ratings upgraded shares of Stanley Black & Decker from a "hold (c)" rating to a "hold (c+)" rating in a research note on Friday, July 31st. Citigroup lifted their price target on Stanley Black & Decker from $100.00 to $107.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Wall Street Zen raised Stanley Black & Decker from a "buy" rating to a "strong-buy" rating in a research report on Sunday. Wells Fargo & Company upped their price objective on Stanley Black & Decker from $80.00 to $90.00 and gave the company an "equal weight" rating in a research note on Thursday, June 18th. Finally, Morgan Stanley set a $96.00 price objective on Stanley Black & Decker in a research report on Monday, August 10th. Three investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Stanley Black & Decker presently has a consensus rating of "Hold" and a consensus price target of $92.25.

Stanley Black & Decker Stock Down 3.5%

Shares of SWK opened at $93.92 on Wednesday. The firm has a market cap of $14.18 billion, a P/E ratio of 22.91, a price-to-earnings-growth ratio of 1.50 and a beta of 1.17. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.55 and a current ratio of 1.43. Stanley Black & Decker, Inc. has a 52 week low of $61.90 and a 52 week high of $104.68. The firm's 50-day simple moving average is $95.26 and its 200 day simple moving average is $83.94.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last posted its earnings results on Wednesday, July 29th. The industrial products company reported $1.57 EPS for the quarter, beating the consensus estimate of $1.21 by $0.36. The company had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.97 billion. Stanley Black & Decker had a return on equity of 8.78% and a net margin of 4.07%.The firm's revenue for the quarter was up .4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.08 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, analysts forecast that Stanley Black & Decker, Inc. will post 5.57 earnings per share for the current year.

Stanley Black & Decker Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th will be given a dividend of $0.84 per share. This is a positive change from Stanley Black & Decker's previous quarterly dividend of $0.83. This represents a $3.36 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend is Tuesday, September 8th. Stanley Black & Decker's payout ratio is 80.98%.

About Stanley Black & Decker

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.

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