Deutsche Bank AG Buys New Holdings in Stanley Black & Decker, Inc. $SWK

Deutsche Bank AG bought a new position in Stanley Black & Decker, Inc. (NYSE:SWKFree Report) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 750,674 shares of the industrial products company’s stock, valued at approximately $70,653,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of SWK. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Stanley Black & Decker by 3.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,648 shares of the industrial products company’s stock valued at $1,203,000 after acquiring an additional 559 shares in the last quarter. Empowered Funds LLC lifted its stake in Stanley Black & Decker by 8.2% during the first quarter. Empowered Funds LLC now owns 4,645 shares of the industrial products company’s stock worth $357,000 after purchasing an additional 353 shares during the period. Focus Partners Wealth lifted its stake in Stanley Black & Decker by 18.8% during the first quarter. Focus Partners Wealth now owns 6,981 shares of the industrial products company’s stock worth $537,000 after purchasing an additional 1,105 shares during the period. CW Advisors LLC acquired a new stake in Stanley Black & Decker during the second quarter valued at approximately $249,000. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Stanley Black & Decker by 53.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 989 shares of the industrial products company’s stock valued at $67,000 after purchasing an additional 345 shares during the period. Institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Price Performance

SWK opened at $98.83 on Friday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.43 and a quick ratio of 0.55. The stock has a market capitalization of $14.93 billion, a P/E ratio of 24.10, a price-to-earnings-growth ratio of 1.34 and a beta of 1.16. The company’s 50 day simple moving average is $92.73 and its 200-day simple moving average is $83.08. Stanley Black & Decker, Inc. has a one year low of $61.90 and a one year high of $104.68.

Stanley Black & Decker (NYSE:SWKGet 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, topping the consensus estimate of $1.21 by $0.36. The firm had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.97 billion. Stanley Black & Decker had a net margin of 4.07% and a return on equity of 8.78%. Stanley Black & Decker’s revenue was up .4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.08 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Sell-side analysts anticipate that Stanley Black & Decker, Inc. will post 5.58 earnings per share for the current fiscal year.

Stanley Black & Decker Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Tuesday, September 8th will be paid a dividend of $0.84 per share. This represents a $3.36 annualized dividend and a dividend yield of 3.4%. This is a boost from Stanley Black & Decker’s previous quarterly dividend of $0.83. The ex-dividend date of this dividend is Tuesday, September 8th. Stanley Black & Decker’s payout ratio is currently 80.98%.

Analyst Upgrades and Downgrades

Several research firms recently commented on SWK. The Goldman Sachs Group restated a “neutral” rating and set a $93.00 target price on shares of Stanley Black & Decker in a research report on Wednesday, July 29th. Morgan Stanley set a $96.00 price objective on Stanley Black & Decker in a research note on Monday, August 10th. Wells Fargo & Company boosted their target price on shares of 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. Citigroup increased their target price on shares of Stanley Black & Decker from $100.00 to $107.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Finally, 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. Three investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $92.25.

Read Our Latest Stock Analysis on SWK

Stanley Black & Decker Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding SWK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Stanley Black & Decker, Inc. (NYSE:SWKFree Report).

Institutional Ownership by Quarter for Stanley Black & Decker (NYSE:SWK)

Receive News & Ratings for Stanley Black & Decker Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stanley Black & Decker and related companies with MarketBeat.com's FREE daily email newsletter.