Savant Capital LLC Acquires 7,519 Shares of Stanley Black & Decker, Inc. $SWK

Savant Capital LLC raised its holdings in Stanley Black & Decker, Inc. (NYSE:SWKFree Report) by 183.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,611 shares of the industrial products company’s stock after acquiring an additional 7,519 shares during the period. Savant Capital LLC’s holdings in Stanley Black & Decker were worth $862,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SWK. Ameriprise Financial Inc. grew its position in Stanley Black & Decker by 49.5% in the third quarter. Ameriprise Financial Inc. now owns 4,379,653 shares of the industrial products company’s stock valued at $325,541,000 after acquiring an additional 1,450,170 shares during the last quarter. Freestone Grove Partners LP bought a new position in Stanley Black & Decker in the third quarter valued at about $95,602,000. Strive Asset Management LLC bought a new position in Stanley Black & Decker in the third quarter valued at about $78,480,000. Clean Energy Transition LLP grew its position in Stanley Black & Decker by 56.8% in the third quarter. Clean Energy Transition LLP now owns 2,799,218 shares of the industrial products company’s stock valued at $208,066,000 after acquiring an additional 1,013,756 shares during the last quarter. Finally, Schroder Investment Management Group grew its position in Stanley Black & Decker by 51.0% in the third quarter. Schroder Investment Management Group now owns 2,647,173 shares of the industrial products company’s stock valued at $196,764,000 after acquiring an additional 894,123 shares during the last quarter. Institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Stock Performance

NYSE:SWK opened at $79.01 on Wednesday. The stock has a market cap of $12.28 billion, a P/E ratio of 32.38, a price-to-earnings-growth ratio of 1.10 and a beta of 1.19. 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 stock’s 50-day moving average is $74.39 and its 200-day moving average is $76.60. Stanley Black & Decker, Inc. has a 1-year low of $61.90 and a 1-year high of $93.37.

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

Stanley Black & Decker Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on SWK shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Stanley Black & Decker in a research report on Monday, April 20th. Wells Fargo & Company boosted their price target on Stanley Black & Decker from $75.00 to $80.00 and gave the stock an “equal weight” rating in a report on Thursday, April 30th. Barclays reduced their price target 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. Citigroup boosted their price target on Stanley Black & Decker from $90.00 to $100.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Finally, JPMorgan Chase & Co. boosted their price target on Stanley Black & Decker from $65.00 to $75.00 and gave the stock an “underweight” rating in a report on Friday, May 1st. Four research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $87.33.

Read 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.

Further Reading

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

Receive News & Ratings for Stanley Black & Decker Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stanley Black & Decker and related companies with MarketBeat.com's FREE daily email newsletter.