Insight Wealth Strategies LLC Boosts Holdings in Stanley Black & Decker, Inc. $SWK

Insight Wealth Strategies LLC raised its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWKFree Report) by 20.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 84,301 shares of the industrial products company’s stock after buying an additional 14,375 shares during the period. Insight Wealth Strategies LLC owned about 0.05% of Stanley Black & Decker worth $7,700,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Chapman Financial Group LLC bought a new stake in shares of Stanley Black & Decker during the 2nd quarter valued at $26,000. CYBER HORNET ETFs LLC bought a new position in Stanley Black & Decker in the 2nd quarter worth $28,000. Kovack Advisors Inc. purchased a new position in Stanley Black & Decker during the fourth quarter valued at $28,000. Motiv8 Investments LLC purchased a new position in Stanley Black & Decker during the fourth quarter valued at $31,000. Finally, MUFG Securities EMEA plc bought a new stake in Stanley Black & Decker during the second quarter valued at about $31,000. 87.77% of the stock is currently owned by institutional investors.

Stanley Black & Decker Price Performance

NYSE:SWK opened at $103.95 on Wednesday. The business’s 50-day simple moving average is $89.78 and its two-hundred day simple moving average is $82.11. Stanley Black & Decker, Inc. has a 52 week low of $61.90 and a 52 week high of $104.68. The stock has a market cap of $15.70 billion, a PE ratio of 25.35, a P/E/G ratio of 1.40 and a beta of 1.16. The company has a quick ratio of 0.55, a current ratio of 1.43 and a debt-to-equity ratio of 0.53.

Stanley Black & Decker (NYSE:SWKGet Free Report) last released its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share for the quarter, topping analysts’ consensus estimates of $1.21 by $0.36. The firm had revenue of $3.96 billion during 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 quarterly revenue was up .4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.08 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. As a group, analysts forecast that Stanley Black & Decker, Inc. will post 5.48 EPS for the current fiscal year.

Stanley Black & Decker Increases Dividend

The firm 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 represents a $3.36 dividend on an annualized basis and a dividend yield of 3.2%. 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 80.98%.

Analysts Set New Price Targets

SWK has been the topic of several recent research reports. Wall Street Zen raised Stanley Black & Decker from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 1st. JPMorgan Chase & Co. boosted their price objective on Stanley Black & Decker from $65.00 to $75.00 and gave the company an “underweight” rating in a research note on Friday, May 1st. 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 report on Friday, July 31st. Weiss Ratings upgraded shares of Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Finally, Robert W. Baird set a $84.00 price target on shares of Stanley Black & Decker in a report on Thursday, April 30th. Four research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $91.56.

View Our Latest 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.

See Also

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

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