Insight Wealth Strategies LLC Buys 14,375 Shares of Stanley Black & Decker, Inc. $SWK

Insight Wealth Strategies LLC boosted its stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 20.6% in the second quarter, HoldingsChannel reports. The institutional investor owned 84,301 shares of the industrial products company’s stock after purchasing an additional 14,375 shares during the period. Insight Wealth Strategies LLC’s holdings in Stanley Black & Decker were worth $7,700,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in SWK. Chapman Financial Group LLC purchased a new stake in shares of Stanley Black & Decker in the second quarter valued at approximately $26,000. CYBER HORNET ETFs LLC bought a new position in Stanley Black & Decker in the second quarter worth approximately $28,000. Motiv8 Investments LLC purchased a new position in Stanley Black & Decker during the 4th quarter worth $31,000. MUFG Securities EMEA plc bought a new stake in Stanley Black & Decker during the 2nd quarter valued at $31,000. Finally, Parkside Financial Bank & Trust lifted its holdings in shares of Stanley Black & Decker by 96.6% in the 4th quarter. Parkside Financial Bank & Trust now owns 466 shares of the industrial products company’s stock worth $35,000 after buying an additional 229 shares during the period. 87.77% of the stock is currently owned by institutional investors.

Stanley Black & Decker Stock Performance

SWK stock opened at $103.95 on Wednesday. Stanley Black & Decker, Inc. has a one year low of $61.90 and a one year high of $104.68. The firm has a market cap of $15.70 billion, a price-to-earnings ratio of 25.35, a PEG ratio of 1.40 and a beta of 1.16. 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 firm has a 50-day simple moving average of $89.78 and a two-hundred day simple moving average of $82.11.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.21 by $0.36. The firm had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.97 billion. Stanley Black & Decker had a net margin of 4.07% and a return on equity of 8.78%. The company’s quarterly revenue was up .4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.08 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, equities analysts forecast that Stanley Black & Decker, Inc. will post 5.48 EPS for the current fiscal year.

Stanley Black & Decker Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th will be issued a $0.84 dividend. This is an increase from Stanley Black & Decker’s previous quarterly dividend of $0.83. This represents a $3.36 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Tuesday, September 8th. Stanley Black & Decker’s dividend payout ratio is presently 80.98%.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Morgan Stanley set a $96.00 price target on Stanley Black & Decker in a research note on Monday. JPMorgan Chase & Co. boosted their price target on shares of Stanley Black & Decker from $65.00 to $75.00 and gave the company an “underweight” rating in a report on Friday, May 1st. Wall Street Zen upgraded shares of Stanley Black & Decker from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 1st. Citigroup lifted their price objective 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, Wells Fargo & Company boosted their price objective on shares of Stanley Black & Decker from $80.00 to $90.00 and gave the stock an “equal weight” rating in a research note on Thursday, June 18th. Four 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 stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $91.56.

Stanley Black & Decker 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.