Concentric Capital Strategies LP Buys New Stake in Stanley Black & Decker, Inc. $SWK

Concentric Capital Strategies LP bought a new stake in Stanley Black & Decker, Inc. (NYSE:SWK) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 122,836 shares of the industrial products company’s stock, valued at approximately $9,124,000. Concentric Capital Strategies LP owned approximately 0.08% of Stanley Black & Decker as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of SWK. Chapman Financial Group LLC purchased a new position in shares of Stanley Black & Decker in the second quarter valued at $26,000. GoalVest Advisory LLC purchased a new position in shares of Stanley Black & Decker in the fourth quarter valued at $26,000. CYBER HORNET ETFs LLC purchased a new position in shares of Stanley Black & Decker in the second quarter valued at $28,000. Kovack Advisors Inc. purchased a new position in shares of Stanley Black & Decker in the fourth quarter valued at $28,000. Finally, MUFG Securities EMEA plc purchased a new position in Stanley Black & Decker during the second quarter worth $31,000. 87.77% of the stock is owned by hedge funds and other institutional investors.

Stanley Black & Decker Stock Down 2.6%

Shares of SWK opened at $82.44 on Thursday. The firm has a fifty day moving average price of $77.11 and a 200-day moving average price of $77.80. The company has a current ratio of 1.14, a quick ratio of 0.43 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $12.82 billion, a P/E ratio of 33.79, a P/E/G ratio of 1.19 and a beta of 1.19. Stanley Black & Decker, Inc. has a 12-month low of $61.90 and a 12-month high of $93.37.

Stanley Black & Decker (NYSE:SWK) last posted its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.19. The firm had revenue of $3.85 billion for the quarter, compared to analysts’ expectations of $3.75 billion. Stanley Black & Decker had a net margin of 2.44% and a return on equity of 7.95%. The business’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.75 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Equities research analysts expect that Stanley Black & Decker, Inc. will post 5.32 earnings per share for the current year.

Stanley Black & Decker Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 23rd. Stockholders of record on Monday, June 8th will be issued a $0.83 dividend. The ex-dividend date is Monday, June 8th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 4.0%. Stanley Black & Decker’s dividend payout ratio is presently 136.07%.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Monday, April 20th. JPMorgan Chase & Co. lifted their price objective on shares of Stanley Black & Decker from $65.00 to $75.00 and gave the stock an “underweight” rating in a research note on Friday, May 1st. Wells Fargo & Company lifted their price objective on shares of Stanley Black & Decker from $75.00 to $80.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 30th. Wall Street Zen lowered shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Finally, Barclays dropped their price objective on shares of Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating for the company in a research note on Wednesday, April 1st. Four equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $87.33.

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.