Nykredit A S Makes New $166.38 Million Investment in Stanley Black & Decker, Inc. $SWK

Key Points

• Nykredit A/S acquired 1.77 million shares of Stanley Black & Decker worth approximately $166.4 million, representing a 1.17% stake. Institutional investors collectively own 87.77% of the company.
• Stanley Black & Decker reported quarterly EPS of $1.57, beating estimates of $1.21, while revenue reached $3.96 billion. Analysts maintain a consensus “Hold” rating with an average price target of $92.25.
• The company increased its quarterly dividend to $0.84 per share, or $3.36 annually, equating to a 3.5% yield; shares recently traded at $96.84.

Nykredit A S bought a new stake in Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,767,722 shares of the industrial products company's stock, valued at approximately $166,378,000. Nykredit A S owned 1.17% of Stanley Black & Decker at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Compass Financial Management LLC purchased a new position in Stanley Black & Decker during the second quarter valued at approximately $31,000. Cape Investment Advisory Inc. purchased a new stake in Stanley Black & Decker in the 2nd quarter worth approximately $35,000. Chapman Financial Group LLC acquired a new stake in shares of Stanley Black & Decker during the 2nd quarter valued at $26,000. CYBER HORNET ETFs LLC purchased a new position in shares of Stanley Black & Decker during the 2nd quarter valued at $28,000. Finally, Motiv8 Investments LLC acquired a new position in shares of Stanley Black & Decker in the fourth quarter worth $31,000. 87.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on SWK shares. Wall Street Zen cut Stanley Black & Decker from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 29th. Citigroup upped their target price on Stanley Black & Decker from $100.00 to $107.00 and gave the stock a "buy" rating in a research report on Friday, July 31st. Wells Fargo & Company raised their price target on Stanley Black & Decker from $80.00 to $90.00 and gave the stock an "equal weight" rating in a research note on Thursday, June 18th. Morgan Stanley set a $96.00 price target on Stanley Black & Decker in a report on Monday, August 10th. Finally, The Goldman Sachs Group reissued a "neutral" rating and issued a $93.00 price target on shares of Stanley Black & Decker in a research note on Wednesday, July 29th. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $92.25.

Stanley Black & Decker Trading Up 2.5%

Shares of NYSE:SWK opened at $96.84 on Thursday. The company has a current ratio of 1.43, a quick ratio of 0.55 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $14.62 billion, a PE ratio of 23.62, a P/E/G ratio of 1.45 and a beta of 1.17. Stanley Black & Decker, Inc. has a 1 year low of $61.90 and a 1 year high of $104.68. The firm has a fifty day moving average price of $95.01 and a 200 day moving average price of $83.79.

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 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 analyst estimates of $3.97 billion. Stanley Black & Decker had a return on equity of 8.78% and a net margin of 4.07%.The business's revenue was up .4% compared to the same quarter last year. During the same period last year, the company earned $1.08 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Analysts expect that Stanley Black & Decker, Inc. will post 5.57 EPS for the current fiscal year.

Stanley Black & Decker Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th will be issued a $0.84 dividend. This is an increase from Stanley Black & Decker's previous quarterly dividend of $0.83. The ex-dividend date is Tuesday, September 8th. This represents a $3.36 annualized dividend and a yield of 3.5%. Stanley Black & Decker's dividend payout ratio is presently 80.98%.

Stanley Black & Decker 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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