Mirae Asset Global Investments Co. Ltd. Acquires New Holdings in Stanley Black & Decker, Inc. $SWK

Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) during the third quarter, Holdings Channel.com reports. The fund acquired 58,949 shares of the industrial products company’s stock, valued at approximately $5,222,000.

A number of other hedge funds also recently made changes to their positions in SWK. BlackRock Inc. acquired a new position in shares of Stanley Black & Decker during the second quarter worth $1,006,417,000. State Street Corp grew its holdings in Stanley Black & Decker by 5.0% during the 2nd quarter. State Street Corp now owns 8,751,801 shares of the industrial products company’s stock valued at $823,720,000 after purchasing an additional 416,614 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Stanley Black & Decker by 1.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,976,851 shares of the industrial products company’s stock valued at $353,618,000 after purchasing an additional 92,573 shares in the last quarter. Nykredit A S acquired a new stake in Stanley Black & Decker during the 2nd quarter valued at $166,378,000. Finally, Confluence Investment Management LLC purchased a new stake in Stanley Black & Decker during the 2nd quarter worth $126,909,000. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Analysts Set New Price Targets

SWK has been the topic of several analyst reports. Morgan Stanley set a $100.00 price objective on shares of Stanley Black & Decker in a report on Tuesday, October 6th. Wall Street Zen cut shares of Stanley Black & Decker from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 24th. Deutsche Bank Aktiengesellschaft raised their target price on Stanley Black & Decker from $93.00 to $97.00 and gave the company a “hold” rating in a research note on Wednesday, September 30th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Stanley Black & Decker in a research report on Thursday, October 29th. Finally, Mizuho dropped their target price on Stanley Black & Decker from $110.00 to $105.00 and set an “outperform” rating on the stock in a research report on Thursday, October 15th. Five research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $100.09.

Stanley Black & Decker Stock Performance

Shares of SWK opened at $115.44 on Friday. The business’s 50 day moving average is $94.40 and its two-hundred day moving average is $86.15. Stanley Black & Decker, Inc. has a 52-week low of $61.90 and a 52-week high of $122.68. The firm has a market cap of $17.43 billion, a price-to-earnings ratio of 19.43, a PEG ratio of 1.75 and a beta of 1.15. The company has a quick ratio of 0.55, a current ratio of 1.42 and a debt-to-equity ratio of 0.53.

Stanley Black & Decker (NYSE:SWK) last released its earnings results on Wednesday, November 4th. The industrial products company reported $2.31 EPS for the quarter, beating the consensus estimate of $1.55 by $0.76. Stanley Black & Decker had a return on equity of 10.22% and a net margin of 5.53%. The company had revenue of $3.73 billion during the quarter, compared to analysts’ expectations of $3.74 billion. Analysts forecast that Stanley Black & Decker, Inc. will post 5.59 EPS for the current fiscal year.

Stanley Black & Decker Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 22nd. Investors of record on Tuesday, December 1st will be issued a $0.84 dividend. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $3.36 annualized dividend and a yield of 2.9%. Stanley Black & Decker’s dividend payout ratio is currently 81.95%.

Key Stanley Black & Decker News

Here are the key news stories impacting Stanley Black & Decker this week:

• Positive Sentiment: Citigroup raised its price target to $140 from $107 and reiterated a Buy rating, signaling substantial upside in the firm’s view. Citigroup price target update
• Positive Sentiment: Stanley Black & Decker authorized an additional $1 billion share-repurchase program, following $250 million in buybacks during Q3. Buybacks can support shareholder returns and per-share results. Share repurchase announcement
• Positive Sentiment: Q3 adjusted EPS of $2.31 beat analysts’ expectations, and the company raised its 2026 EPS and free-cash-flow outlook. Management also reported ongoing organic growth and margin expansion excluding tariff-refund benefits. Q3 2026 results
• Neutral Sentiment: Analyst views are mixed: Baird lifted its target to $115, while Wells Fargo raised its target to $115 but maintained an Equal Weight rating. Baird price target update
• Negative Sentiment: Some of the quarterly earnings and outlook improvement came from additional tariff refunds, which may not recur. Revenue of $3.73 billion was also slightly below estimates, while higher steel and component costs have prompted plans for 2027 price increases. Costs and planned price increases

Stanley Black & Decker Profile

Stanley Black & Decker, Inc is a global manufacturer of tools, outdoor products and related equipment. The company serves professional contractors, industrial customers, do-it-yourself consumers and outdoor enthusiasts through a portfolio that includes power tools, hand tools, storage solutions, accessories, lawn and garden equipment, and other outdoor products.

Its brands include DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER, Cub Cadet, Hustler and Troy-Bilt. Products are sold through retailers, distributors, e-commerce channels and other commercial outlets, supporting construction, maintenance, manufacturing, automotive repair and residential applications.

The company was formed in 2010 through the merger of The Stanley Works and The Black & Decker Corporation.