12,364 Shares in Stanley Black & Decker, Inc. $SWK Bought by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC purchased a new stake in Stanley Black & Decker, Inc. (NYSE:SWKFree Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 12,364 shares of the industrial products company’s stock, valued at approximately $1,164,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Compass Financial Management LLC bought a new stake in shares of Stanley Black & Decker in the second quarter valued at about $31,000. Cape Investment Advisory Inc. bought a new position in Stanley Black & Decker during the second quarter valued at about $35,000. Chapman Financial Group LLC acquired a new position in Stanley Black & Decker in the 2nd quarter valued at approximately $26,000. CYBER HORNET ETFs LLC acquired a new stake in shares of Stanley Black & Decker during the 2nd quarter worth approximately $28,000. Finally, Motiv8 Investments LLC acquired a new position in shares of Stanley Black & Decker in the 4th quarter valued at $31,000. Institutional investors own 87.77% of the company’s stock.

Wall Street Analyst Weigh In

SWK has been the subject of several recent analyst reports. Wall Street Zen lowered Stanley Black & Decker from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Wells Fargo & Company upped their price target on shares of Stanley Black & Decker from $80.00 to $90.00 and gave the stock an “equal weight” rating in a research report on Thursday, June 18th. The Goldman Sachs Group restated a “neutral” rating and issued a $93.00 price objective on shares of Stanley Black & Decker in a research report on Wednesday, July 29th. Weiss Ratings raised shares of Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Finally, Citigroup raised 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. Three equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $92.25.

View Our Latest Analysis on Stanley Black & Decker

Stanley Black & Decker Stock Down 1.4%

Shares of NYSE:SWK opened at $97.86 on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.55 and a current ratio of 1.43. Stanley Black & Decker, Inc. has a 52 week low of $61.90 and a 52 week high of $104.68. The company has a 50 day moving average price of $94.44 and a two-hundred day moving average price of $83.72. The company has a market capitalization of $14.78 billion, a PE ratio of 23.87, a PEG ratio of 1.31 and a beta of 1.16.

Stanley Black & Decker (NYSE:SWKGet Free Report) last released its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share for the quarter, beating the consensus estimate 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 business had revenue of $3.96 billion for the quarter, compared to analysts’ expectations of $3.97 billion. During the same quarter in the previous year, the business posted $1.08 EPS. Stanley Black & Decker’s revenue for the quarter was up .4% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Analysts forecast that Stanley Black & Decker, Inc. will post 5.57 earnings per share for the current year.

Stanley Black & Decker Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th will be issued a dividend of $0.84 per share. This is a boost from Stanley Black & Decker’s previous quarterly dividend of $0.83. The ex-dividend date is Tuesday, September 8th. This represents a $3.36 dividend on an annualized basis and a yield of 3.4%. Stanley Black & Decker’s dividend payout ratio is currently 80.98%.

About Stanley Black & Decker

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Stanley Black & Decker (NYSE:SWK)

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