Sanctuary Advisors LLC Buys Shares of 11,978 Stanley Black & Decker, Inc. $SWK

Sanctuary Advisors LLC purchased a new position in shares of Stanley Black & Decker, Inc. (NYSE:SWKFree Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 11,978 shares of the industrial products company’s stock, valued at approximately $1,127,000.

Other institutional investors have also made changes to their positions in the company. Chapman Financial Group LLC bought a new stake in Stanley Black & Decker during the 2nd quarter worth about $26,000. CYBER HORNET ETFs LLC bought a new position in shares of Stanley Black & Decker in the 2nd quarter valued at about $28,000. Kovack Advisors Inc. acquired a new stake in shares of Stanley Black & Decker in the fourth quarter valued at about $28,000. MUFG Securities EMEA plc acquired a new position in Stanley Black & Decker during the second quarter valued at approximately $31,000. Finally, Motiv8 Investments LLC bought a new position in Stanley Black & Decker in the fourth quarter valued at approximately $31,000. Institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Stock Performance

Shares of NYSE SWK opened at $99.31 on Friday. The company has a current ratio of 1.43, a quick ratio of 0.55 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $15.00 billion, a P/E ratio of 24.22, a P/E/G ratio of 1.34 and a beta of 1.16. Stanley Black & Decker, Inc. has a 12 month low of $61.90 and a 12 month high of $104.68. The stock has a 50 day moving average of $94.22 and a 200-day moving average of $83.62.

Stanley Black & Decker (NYSE:SWKGet Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share for the quarter, beating analysts’ consensus estimates of $1.21 by $0.36. Stanley Black & Decker had a return on equity of 8.78% and a net margin of 4.07%.The business had revenue of $3.96 billion for the quarter, compared to analysts’ expectations of $3.97 billion. During the same quarter in the prior year, the business earned $1.08 EPS. The firm’s revenue for the quarter was up .4% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. As a group, equities research analysts predict that Stanley Black & Decker, Inc. will post 5.57 EPS for the current year.

Stanley Black & Decker Increases Dividend

The business 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 dividend of $0.84 per share. This represents a $3.36 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend is Tuesday, September 8th. This is a positive change from Stanley Black & Decker’s previous quarterly dividend of $0.83. Stanley Black & Decker’s payout ratio is presently 81.95%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on SWK shares. JPMorgan Chase & Co. upped their price objective on Stanley Black & Decker from $65.00 to $75.00 and gave the stock an “underweight” rating in a research note on Friday, May 1st. Wall Street Zen upgraded shares of Stanley Black & Decker from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 1st. Wells Fargo & Company upped their price target on shares of Stanley Black & Decker from $80.00 to $90.00 and gave the stock an “equal weight” rating in a research report on Thursday, June 18th. Weiss Ratings raised shares of Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. Finally, Citigroup boosted their price objective on shares of Stanley Black & Decker from $100.00 to $107.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Three equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $92.25.

Get Our Latest Research Report on SWK

Stanley Black & Decker Company 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

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

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