1,803,457 Shares in Stanley Black & Decker, Inc. $SWK Purchased by Norges Bank

Norges Bank purchased a new stake in Stanley Black & Decker, Inc. (NYSE:SWK) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 1,803,457 shares of the industrial products company’s stock, valued at approximately $133,961,000.

A number of other hedge funds also recently added to or reduced their stakes in SWK. Cardinal Point Capital Management ULC raised its stake in shares of Stanley Black & Decker by 2.7% during the fourth quarter. Cardinal Point Capital Management ULC now owns 4,800 shares of the industrial products company’s stock worth $357,000 after purchasing an additional 125 shares during the last quarter. Crossmark Global Holdings Inc. increased its stake in Stanley Black & Decker by 2.8% in the 4th quarter. Crossmark Global Holdings Inc. now owns 4,606 shares of the industrial products company’s stock valued at $342,000 after buying an additional 126 shares during the period. Martin Capital Partners LLC raised its position in Stanley Black & Decker by 2.1% during the 4th quarter. Martin Capital Partners LLC now owns 7,258 shares of the industrial products company’s stock worth $539,000 after buying an additional 152 shares during the last quarter. Dakota Wealth Management lifted its stake in shares of Stanley Black & Decker by 1.3% in the 3rd quarter. Dakota Wealth Management now owns 12,645 shares of the industrial products company’s stock worth $940,000 after acquiring an additional 160 shares during the period. Finally, Allen Mooney & Barnes Investment Advisors LLC boosted its holdings in shares of Stanley Black & Decker by 1.0% in the fourth quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 16,047 shares of the industrial products company’s stock valued at $1,192,000 after acquiring an additional 160 shares in the last quarter. 87.77% of the stock is owned by institutional investors and hedge funds.

Stanley Black & Decker Trading Up 0.9%

Shares of SWK opened at $79.30 on Friday. Stanley Black & Decker, Inc. has a twelve month low of $61.90 and a twelve month high of $93.37. The company has a current ratio of 1.14, a quick ratio of 0.43 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $12.33 billion, a P/E ratio of 32.50, a PEG ratio of 1.11 and a beta of 1.19. The firm’s 50-day moving average is $74.96 and its two-hundred day moving average is $76.85.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.80 EPS for the quarter, topping the consensus estimate of $0.61 by $0.19. The business had revenue of $3.85 billion for the quarter, compared to analyst estimates of $3.75 billion. Stanley Black & Decker had a return on equity of 7.95% and a net margin of 2.44%.The company’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.75 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, research analysts predict that Stanley Black & Decker, Inc. will post 5.32 earnings per share for the current fiscal year.

Stanley Black & Decker Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 23rd. Shareholders of record on Monday, June 8th will be issued a $0.83 dividend. The ex-dividend date of this dividend is Monday, June 8th. This represents a $3.32 annualized dividend and a yield of 4.2%. Stanley Black & Decker’s dividend payout ratio is 136.07%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. The Goldman Sachs Group restated a “neutral” rating and issued a $84.00 price objective on shares of Stanley Black & Decker in a research report on Thursday, February 5th. Robert W. Baird set a $84.00 target price on Stanley Black & Decker in a research note on Thursday, April 30th. JPMorgan Chase & Co. raised their price target on Stanley Black & Decker from $65.00 to $75.00 and gave the company an “underweight” rating in a report on Friday, May 1st. Barclays dropped their price objective on Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating on the stock in a report on Wednesday, April 1st. Finally, Morgan Stanley reduced their target price on Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating for the company in a report on Thursday, May 28th. Four investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Stanley Black & Decker currently has an average rating of “Hold” and a consensus price target of $87.33.

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.