Northwestern Mutual Wealth Management Co. Takes $1.39 Million Position in Stanley Black & Decker, Inc. $SWK

Key Points

• Northwestern Mutual Wealth Management initiated a $1.39 million position in Stanley Black & Decker during the second quarter. Institutional investors collectively own 87.77% of SWK’s outstanding shares.
• Stanley Black & Decker reported quarterly EPS of $1.57, beating analyst expectations of $1.21, while revenue reached $3.96 billion and rose 0.4% year over year.
• The company increased its quarterly dividend to $0.84 per share, representing a 3.4% yield, while analysts maintain a consensus “Hold” rating with an average price target of $92.25.

Northwestern Mutual Wealth Management Co. purchased a new position in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 14,751 shares of the industrial products company's stock, valued at approximately $1,388,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SWK. BlackRock Inc. acquired a new position in shares of Stanley Black & Decker in the 2nd quarter valued at approximately $1,006,417,000. Norges Bank acquired a new stake in shares of Stanley Black & Decker during the fourth quarter worth approximately $133,961,000. Confluence Investment Management LLC bought a new stake in shares of Stanley Black & Decker in the second quarter worth $126,909,000. Bank of New York Mellon Corp acquired a new stake in Stanley Black & Decker in the second quarter valued at $123,843,000. Finally, Freestone Grove Partners LP acquired a new stake in Stanley Black & Decker in the third quarter valued at $95,602,000. 87.77% of the stock is owned by hedge funds and other institutional investors.

Stanley Black & Decker Stock Performance

Shares of SWK opened at $98.58 on Wednesday. Stanley Black & Decker, Inc. has a 1 year low of $61.90 and a 1 year 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. The company has a market cap of $14.89 billion, a price-to-earnings ratio of 24.05, a price-to-earnings-growth ratio of 1.32 and a beta of 1.16. The firm has a fifty day moving average of $93.62 and a 200-day moving average of $83.45.

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

Stanley Black & Decker Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th will be issued a $0.84 dividend. The ex-dividend date is Tuesday, September 8th. This is a positive change from Stanley Black & Decker's previous quarterly dividend of $0.83. This represents a $3.36 annualized dividend and a dividend yield of 3.4%. Stanley Black & Decker's dividend payout ratio is 80.98%.

Analyst Upgrades and Downgrades

SWK has been the subject of several recent analyst reports. The Goldman Sachs Group reissued a "neutral" rating and set a $93.00 price objective on shares of Stanley Black & Decker in a report on Wednesday, July 29th. Wall Street Zen upgraded Stanley Black & Decker from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 1st. JPMorgan Chase & Co. upped their price objective on Stanley Black & Decker from $65.00 to $75.00 and gave the company an "underweight" rating in a research note on Friday, May 1st. Wells Fargo & Company lifted their target price 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, Morgan Stanley set a $96.00 price target 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 stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $92.25.

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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