Nomura Asset Management Co. Ltd. Sells 6,658 Shares of Stanley Black & Decker, Inc. $SWK

by · The Cerbat Gem

Nomura Asset Management Co. Ltd. lessened its position in shares of Stanley Black & Decker, Inc. (NYSE:SWK – Free Report) by 1.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 531,962 shares of the industrial products company’s stock after selling 6,658 shares during the period. Nomura Asset Management Co. Ltd. owned 0.34% of Stanley Black & Decker worth $39,514,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. GoalVest Advisory LLC purchased a new position in shares of Stanley Black & Decker during the 4th quarter valued at $26,000. Chapman Financial Group LLC purchased a new position 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. Sentry Investment Management LLC purchased a new position in shares of Stanley Black & Decker during the 3rd quarter valued at $31,000. Finally, MUFG Securities EMEA plc purchased a new position in shares of Stanley Black & Decker during the 2nd quarter valued at $31,000. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Price Performance

Stanley Black & Decker stock opened at $79.50 on Monday. Stanley Black & Decker, Inc. has a 52 week low of $61.90 and a 52 week high of $93.37. The business has a 50-day simple moving average of $74.20 and a 200 day simple moving average of $76.53. The company has a quick ratio of 0.43, a current ratio of 1.14 and a debt-to-equity ratio of 0.52. The stock has a market cap of $12.36 billion, a price-to-earnings ratio of 32.58, a PEG ratio of 1.12 and a beta of 1.19.

Stanley Black & Decker (NYSE:SWK – Get Free Report) last posted its 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. Stanley Black & Decker had a return on equity of 7.95% and a net margin of 2.44%.The business had revenue of $3.85 billion during the quarter, compared to analysts’ expectations of $3.75 billion. During the same period in the previous year, the business earned $0.75 earnings per share. The firm’s revenue was up 2.7% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, research analysts forecast that Stanley Black & Decker, Inc. will post 5.32 earnings per share for the current fiscal year.

Stanley Black & Decker Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research analysts have recently commented on SWK shares. Barclays dropped their price target on Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 1st. Morgan Stanley dropped their price target on Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating on the stock in a research report on Thursday. Wells Fargo & Company upped their price target on Stanley Black & Decker from $75.00 to $80.00 and gave the company an “equal weight” rating in a research report on Thursday, April 30th. Citigroup boosted their price objective on Stanley Black & Decker from $90.00 to $100.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Finally, Wall Street Zen lowered Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Four investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $87.33.

Check Out Our Latest Research Report on Stanley Black & Decker

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.

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