World Investment Advisors acquired a new position in Stanley Black & Decker, Inc. (NYSE:SWK – Free Report) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 6,708 shares of the industrial products company’s stock, valued at approximately $498,000.
A number of other large investors also recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of 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 buying an additional 559 shares during the period. Empowered Funds LLC lifted its holdings in shares of 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 worth $357,000 after purchasing an additional 353 shares during the last quarter. Focus Partners Wealth increased its position in 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 buying an additional 1,105 shares during the period. CW Advisors LLC bought a new position in shares of Stanley Black & Decker during the second quarter worth about $249,000. Finally, EverSource Wealth Advisors LLC lifted its position in Stanley Black & Decker by 53.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 989 shares of the industrial products company’s stock valued at $67,000 after purchasing an additional 345 shares during the last quarter. 87.77% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of brokerages recently issued reports on SWK. Barclays decreased their price objective on Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating for the company in a report on Wednesday, April 1st. Wall Street Zen raised Stanley Black & Decker from a “hold” rating to a “buy” rating in a research note on Saturday. Robert W. Baird set a $84.00 price target on Stanley Black & Decker in a report on Thursday, April 30th. Weiss Ratings restated a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Monday, April 20th. Finally, JPMorgan Chase & Co. increased their target price on shares of Stanley Black & Decker from $65.00 to $75.00 and gave the company an “underweight” rating in a research report on Friday, May 1st. Four 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’s stock. Based on data from MarketBeat, Stanley Black & Decker has a consensus rating of “Hold” and a consensus target price of $88.44.
Stanley Black & Decker Price Performance
Shares of NYSE:SWK opened at $83.83 on Wednesday. The stock has a market cap of $13.03 billion, a price-to-earnings ratio of 34.36, a PEG ratio of 1.21 and a beta of 1.19. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.14 and a quick ratio of 0.43. Stanley Black & Decker, Inc. has a 12 month low of $61.90 and a 12 month high of $93.37. The stock’s 50 day moving average price is $78.28 and its 200 day moving average price is $78.21.
Stanley Black & Decker (NYSE:SWK – Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share (EPS) for the quarter, beating 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 firm’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same period last year, the firm earned $0.75 EPS. 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 fiscal year.
Stanley Black & Decker Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Monday, June 8th were issued a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend was Monday, June 8th. Stanley Black & Decker’s dividend payout ratio is presently 136.07%.
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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