Legal & General Group Plc Takes Position in Stanley Black & Decker, Inc. $SWK

Key Points

• Legal & General Group Plc acquired 337,563 shares of Stanley Black & Decker in the second quarter, valued at approximately $31.8 million and representing about 0.22% of the company. Institutional investors collectively own 87.77% of SWK.
• Analyst sentiment remains mixed, with a consensus rating of “Hold” and an average price target of $92.25. Recent targets range from $75 to $107, while SWK shares opened at $97.86 and have traded between $61.90 and $104.68 over the past year.
• Stanley Black & Decker reported quarterly EPS of $1.57, beating estimates of $1.21, on revenue of $3.96 billion. The company also raised its quarterly dividend to $0.84 per share, implying an annualized yield of approximately 3.4%.

Legal & General Group Plc acquired a new position in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 337,563 shares of the industrial products company's stock, valued at approximately $31,771,000. Legal & General Group Plc owned about 0.22% of Stanley Black & Decker at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Chapman Financial Group LLC bought a new position in Stanley Black & Decker in the second quarter worth about $26,000. CYBER HORNET ETFs LLC bought a new stake in shares of Stanley Black & Decker in the 2nd quarter worth approximately $28,000. Kovack Advisors Inc. acquired a new position in Stanley Black & Decker during the 4th quarter valued at approximately $28,000. MUFG Securities EMEA plc acquired a new stake in Stanley Black & Decker in the second quarter worth $31,000. Finally, Motiv8 Investments LLC acquired a new position in shares of Stanley Black & Decker during the fourth quarter valued at $31,000. 87.77% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

SWK has been the topic of several recent research reports. JPMorgan Chase & Co. lifted their price objective on shares of Stanley Black & Decker from $65.00 to $75.00 and gave the company an "underweight" rating in a research report on Friday, May 1st. Morgan Stanley set a $96.00 price objective on Stanley Black & Decker in a research report on Monday, August 10th. Citigroup raised their target price on Stanley Black & Decker from $100.00 to $107.00 and gave the company a "buy" rating in a research report on Friday, July 31st. The Goldman Sachs Group reiterated a "neutral" rating and set a $93.00 price target on shares of Stanley Black & Decker in a research report on Wednesday, July 29th. Finally, Wall Street Zen cut shares of Stanley Black & Decker from a "strong-buy" rating to a "buy" rating in a research note on Saturday. Three investment 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. According to MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $92.25.

Stanley Black & Decker Trading Down 1.4%

Shares of SWK stock opened at $97.86 on Friday. The company has a quick ratio of 0.55, a current ratio of 1.43 and a debt-to-equity ratio of 0.53. The stock has a 50-day simple moving average of $94.44 and a 200 day simple moving average of $83.72. Stanley Black & Decker, Inc. has a fifty-two week low of $61.90 and a fifty-two week high of $104.68. The stock has a market capitalization of $14.78 billion, a P/E ratio of 23.87, a P/E/G ratio of 1.33 and a beta of 1.16.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.36. The company had revenue of $3.96 billion during 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 business's revenue for the quarter was up .4% on a year-over-year basis. During the same quarter last year, the firm posted $1.08 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, sell-side analysts expect that Stanley Black & Decker, Inc. will post 5.57 earnings per share for the current fiscal year.

Stanley Black & Decker Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders 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. The ex-dividend date is Tuesday, September 8th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 3.4%. Stanley Black & Decker's payout ratio 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.

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