Sanctuary Advisors LLC Purchases New Shares in Stanley Black & Decker, Inc. $SWK

Sanctuary Advisors LLC acquired a new stake in Stanley Black & Decker, Inc. (NYSE:SWK) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 11,978 shares of the industrial products company’s stock, valued at approximately $1,127,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of SWK. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Stanley Black & Decker by 3.7% in the first 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 raised its stake 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 worth $357,000 after purchasing an additional 353 shares in the last quarter. Focus Partners Wealth raised its stake in Stanley Black & Decker by 18.8% in the 1st 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 in the last quarter. CW Advisors LLC bought a new stake in Stanley Black & Decker in the 2nd quarter valued at about $249,000. Finally, EverSource Wealth Advisors LLC grew its position in shares of Stanley Black & Decker by 53.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 989 shares of the industrial products company’s stock worth $67,000 after purchasing an additional 345 shares in the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.

Stanley Black & Decker Stock Performance

Shares of Stanley Black & Decker stock 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 cap of $15.00 billion, a PE ratio of 24.22, a price-to-earnings-growth ratio of 1.34 and a beta of 1.16. The company has a 50 day moving average of $94.22 and a 200-day moving average of $83.62. Stanley Black & Decker, Inc. has a 1-year low of $61.90 and a 1-year high of $104.68.

Stanley Black & Decker (NYSE:SWK) 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 net margin of 4.07% and a return on equity of 8.78%. The business had revenue of $3.96 billion for the quarter, compared to analysts’ expectations of $3.97 billion. During the same period last year, the firm posted $1.08 earnings per share. The firm’s quarterly revenue was up .4% compared to the same quarter last year. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. As a group, equities research analysts forecast that Stanley Black & Decker, Inc. will post 5.57 earnings per share for the current fiscal year.

Stanley Black & Decker Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Tuesday, September 8th will be issued a dividend of $0.84 per share. This is an increase from Stanley Black & Decker’s previous quarterly dividend of $0.83. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 3.4%. Stanley Black & Decker’s payout ratio is presently 81.95%.

Wall Street Analysts Forecast Growth

SWK has been the topic of several recent research reports. Citigroup raised their target price on shares of Stanley Black & Decker from $100.00 to $107.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Wall Street Zen raised Stanley Black & Decker from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 1st. The Goldman Sachs Group restated a “neutral” rating and set a $93.00 price objective on shares of Stanley Black & Decker in a research note on Wednesday, July 29th. Weiss Ratings upgraded Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. Finally, JPMorgan Chase & Co. increased their target price on Stanley Black & Decker from $65.00 to $75.00 and gave the stock an “underweight” rating in a report on Friday, May 1st. Three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $92.25.

About Stanley Black & Decker

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.