Nwam LLC purchased a new stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK – Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 10,676 shares of the industrial products company’s stock, valued at approximately $1,005,000.
Other large investors also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Stanley Black & Decker by 3.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,648 shares of the industrial products company’s stock valued at $1,203,000 after acquiring an additional 559 shares during the period. Empowered Funds LLC boosted its holdings in Stanley Black & Decker by 8.2% in the 1st quarter. Empowered Funds LLC now owns 4,645 shares of the industrial products company’s stock valued at $357,000 after purchasing an additional 353 shares during the period. Focus Partners Wealth increased its position in shares of Stanley Black & Decker by 18.8% in the first quarter. Focus Partners Wealth now owns 6,981 shares of the industrial products company’s stock worth $537,000 after purchasing an additional 1,105 shares during the last quarter. CW Advisors LLC bought a new position in Stanley Black & Decker in the second quarter valued at $249,000. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Stanley Black & Decker by 53.6% during the second quarter. EverSource Wealth Advisors LLC now owns 989 shares of the industrial products company’s stock worth $67,000 after acquiring an additional 345 shares in the last quarter. Hedge funds and other institutional investors own 87.77% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on SWK shares. Weiss Ratings raised Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Morgan Stanley set a $96.00 price target on shares of Stanley Black & Decker in a research report on Monday, August 10th. The Goldman Sachs Group reissued a “neutral” rating and issued a $93.00 target price on shares of Stanley Black & Decker in a report on Wednesday, July 29th. Citigroup increased their price target on shares of Stanley Black & Decker from $100.00 to $107.00 and gave the company a “buy” rating in a report on Friday, July 31st. Finally, Wall Street Zen downgraded Stanley Black & Decker from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 29th. Three equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Stanley Black & Decker has a consensus rating of “Hold” and an average price target of $92.25.
Stanley Black & Decker Price Performance
Shares of Stanley Black & Decker stock opened at $96.84 on Thursday. Stanley Black & Decker, Inc. has a one year low of $61.90 and a one year high of $104.68. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.55 and a current ratio of 1.43. The stock has a market cap of $14.62 billion, a P/E ratio of 23.62, a P/E/G ratio of 1.45 and a beta of 1.17. The stock’s fifty day moving average is $95.01 and its 200 day moving average is $83.79.
Stanley Black & Decker (NYSE:SWK – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share (EPS) 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 company had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.97 billion. During the same period in the previous year, the company posted $1.08 EPS. The firm’s revenue was up .4% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Sell-side analysts anticipate that Stanley Black & Decker, Inc. will post 5.57 earnings per share for the current year.
Stanley Black & Decker Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Tuesday, September 8th will be given a $0.84 dividend. The ex-dividend date is Tuesday, September 8th. This is a positive change from Stanley Black & Decker’s previous quarterly dividend of $0.83. This represents a $3.36 annualized dividend and a dividend yield of 3.5%. Stanley Black & Decker’s dividend payout ratio (DPR) is presently 80.98%.
Stanley Black & Decker Company Profile
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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