Bank of New York Mellon Corp Acquires New Holdings in Stanley Black & Decker, Inc. $SWK

Bank of New York Mellon Corp bought a new stake in Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 1,315,800 shares of the industrial products company's stock, valued at approximately $123,843,000. Bank of New York Mellon Corp owned about 0.87% of Stanley Black & Decker at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of SWK. Cape Investment Advisory Inc. acquired a new position in Stanley Black & Decker during the 2nd quarter valued at about $35,000. Chapman Financial Group LLC acquired a new stake in Stanley Black & Decker in the second quarter worth about $26,000. CYBER HORNET ETFs LLC acquired a new stake in Stanley Black & Decker in the 2nd quarter worth approximately $28,000. Motiv8 Investments LLC acquired a new stake in Stanley Black & Decker in the 4th quarter worth approximately $31,000. Finally, MUFG Securities EMEA plc purchased a new stake in Stanley Black & Decker during the 2nd quarter worth approximately $31,000. 87.77% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Stanley Black & Decker

Here are the key news stories impacting Stanley Black & Decker this week:

• Positive Sentiment: CNBC commentator Jim Cramer called SWK a “pick-and-shovel” beneficiary of a potential home-renovation cycle, citing strong results from Home Depot and Lowe’s as evidence that demand for tools could improve. Cramer Targets Stanley Black & Decker as the Pick-and-Shovel Play on Home Renovation Boom
• Positive Sentiment: Zacks Research raised its FY2026 EPS forecast to $5.53 from $5.30, FY2027 EPS to $6.10 from $5.77, and FY2028 EPS to $6.60 from $6.55. It also increased several quarterly estimates, suggesting better expected earnings momentum. Stanley Black & Decker analyst estimates
• Positive Sentiment: Analyst commentary highlighted traction in the Engineered Fastening segment, supported by automotive and industrial demand, while the company’s $2.1 billion cost-savings program could provide additional operating leverage. Will Strength in Engineered Fastening Unit Continue to Drive SWK's Growth?
• Positive Sentiment: From a technical perspective, SWK moved above its 20-day moving average and was described as showing a potential short-term bullish trend, supporting the recent price strength. Stanley Black & Decker Just Flashed Golden Cross Signal
• Neutral Sentiment: A report noted that Stanley Black & Decker’s 2026 outlook and planned $1 billion U.S. investment are reshaping the company’s longer-term growth narrative, although the investment could require substantial upfront spending. Stanley Black & Decker stock holds gains
• Neutral Sentiment: Zacks reduced its Q3 2026 EPS estimate to $1.52 from $1.66 and made a minor cut to its Q4 estimate, partially offsetting the broader upward revisions. Full-year consensus remains $5.58 per share. Stanley Black & Decker earnings estimates

Wall Street Analyst Weigh In

SWK has been the subject of a number of research analyst reports. Citigroup raised their price target on shares of Stanley Black & Decker from $100.00 to $107.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Weiss Ratings raised shares of Stanley Black & Decker from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday, July 31st. JPMorgan Chase & Co. upped their target price on Stanley Black & Decker from $65.00 to $75.00 and gave the company an "underweight" rating in a research report on Friday, May 1st. Wells Fargo & Company lifted their price target on Stanley Black & Decker from $80.00 to $90.00 and gave the stock an "equal weight" rating in a research report on Thursday, June 18th. Finally, Wall Street Zen raised Stanley Black & Decker from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 1st. Three research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $92.25.

Stanley Black & Decker Stock Down 0.1%

SWK opened at $99.91 on Monday. The company has a fifty day moving average of $93.06 and a two-hundred day moving average of $83.23. The stock has a market capitalization of $15.09 billion, a price-to-earnings ratio of 24.37, a PEG ratio of 1.34 and a beta of 1.16. Stanley Black & Decker, Inc. has a fifty-two week low of $61.90 and a fifty-two week high of $104.68. 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 (NYSE:SWK - Get Free Report) last posted its earnings results on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.36. The business had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.97 billion. Stanley Black & Decker had a net margin of 4.07% and a return on equity of 8.78%. The company's revenue for the quarter was up .4% on a year-over-year basis. During the same period in the prior year, the company posted $1.08 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, research analysts expect that Stanley Black & Decker, Inc. will post 5.57 earnings per share for the current year.

Stanley Black & Decker Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th will be given a dividend of $0.84 per share. This is a boost 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 3.4%. The ex-dividend date is Tuesday, September 8th. Stanley Black & Decker's dividend payout ratio (DPR) is currently 80.98%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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