6,739 Shares in Stanley Black & Decker, Inc. $SWK Purchased by Stoneridge Investment Partners LLC

Stoneridge Investment Partners LLC bought a new position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 6,739 shares of the industrial products company’s stock, valued at approximately $637,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Capital Research Global Investors lifted its holdings in Stanley Black & Decker by 0.7% in the fourth quarter. Capital Research Global Investors now owns 12,856,517 shares of the industrial products company’s stock valued at $954,991,000 after acquiring an additional 88,402 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in Stanley Black & Decker by 1.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 9,898,190 shares of the industrial products company’s stock worth $735,239,000 after acquiring an additional 101,769 shares during the last quarter. State Street Corp increased its stake in Stanley Black & Decker by 2.3% during the second quarter. State Street Corp now owns 9,423,438 shares of the industrial products company’s stock worth $638,438,000 after acquiring an additional 215,960 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Stanley Black & Decker by 1.9% in the first quarter. Dimensional Fund Advisors LP now owns 4,976,851 shares of the industrial products company’s stock valued at $353,618,000 after purchasing an additional 92,573 shares during the period. Finally, Geode Capital Management LLC lifted its stake in shares of Stanley Black & Decker by 5.3% in the 4th quarter. Geode Capital Management LLC now owns 4,041,089 shares of the industrial products company’s stock valued at $299,646,000 after purchasing an additional 203,200 shares during the last quarter. 87.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently issued reports on SWK shares. Citigroup raised their price objective on Stanley Black & Decker from $100.00 to $107.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. JPMorgan Chase & Co. upped 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. Robert W. Baird set a $84.00 target price on shares of Stanley Black & Decker in a research note on Thursday, April 30th. The Goldman Sachs Group reiterated a “neutral” rating and set a $93.00 price target on shares of Stanley Black & Decker in a research report on Wednesday, July 29th. Finally, Morgan Stanley set a $96.00 price objective on shares of Stanley Black & Decker in a report on Monday, August 10th. Four 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. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $91.56.

Stanley Black & Decker Trading Down 0.3%

Shares of NYSE SWK opened at $101.95 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 stock has a market capitalization of $15.40 billion, a PE ratio of 24.87, a PEG ratio of 1.38 and a beta of 1.16. Stanley Black & Decker, Inc. has a twelve month low of $61.90 and a twelve month high of $104.68. The stock has a fifty day simple moving average of $91.20 and a 200-day simple moving average of $82.52.

Stanley Black & Decker (NYSE:SWK) last posted its earnings results on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.36. The firm had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.97 billion. Stanley Black & Decker had a return on equity of 8.78% and a net margin of 4.07%.Stanley Black & Decker’s revenue was up .4% on a year-over-year basis. During the same quarter in the prior year, the company 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 5.53 earnings per share for the current 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 given a dividend of $0.84 per share. This is a boost from Stanley Black & Decker’s previous quarterly dividend of $0.83. This represents a $3.36 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Tuesday, September 8th. Stanley Black & Decker’s dividend payout ratio is currently 81.95%.

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.