Fox Run Management L.L.C. acquired a new stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 16,322 shares of the industrial products company’s stock, valued at approximately $1,213,000.
A number of other hedge funds also recently bought and sold shares of SWK. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Stanley Black & Decker by 3.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,648 shares of the industrial products company’s stock worth $1,203,000 after acquiring an additional 559 shares in the last quarter. Empowered Funds LLC raised its holdings in Stanley Black & Decker by 8.2% in the first 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 holdings in Stanley Black & Decker by 18.8% in the first 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. D.A. Davidson & CO. boosted its holdings in shares of Stanley Black & Decker by 2.4% in the 2nd quarter. D.A. Davidson & CO. now owns 7,324 shares of the industrial products company’s stock valued at $496,000 after buying an additional 172 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. purchased a new position in shares of Stanley Black & Decker in the 2nd quarter worth approximately $2,941,000. Hedge funds and other institutional investors own 87.77% of the company’s stock.
Analyst Ratings Changes
SWK has been the subject of a number of analyst reports. Robert W. Baird increased their target price on shares of Stanley Black & Decker from $75.00 to $85.00 and gave the company a “neutral” rating in a research report on Tuesday, December 23rd. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $84.00 price target on shares of Stanley Black & Decker in a research report on Thursday, February 5th. UBS Group lowered their price objective on Stanley Black & Decker from $105.00 to $98.00 and set a “buy” rating for the company in a research report on Monday, January 5th. Argus raised Stanley Black & Decker to a “hold” rating in a research report on Tuesday, February 10th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Wednesday, January 21st. Four analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Stanley Black & Decker currently has an average rating of “Hold” and an average target price of $86.89.
Stanley Black & Decker Stock Performance
Shares of SWK opened at $85.21 on Thursday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.35 and a current ratio of 1.14. The stock has a 50-day moving average of $82.35 and a two-hundred day moving average of $75.64. The stock has a market cap of $13.20 billion, a P/E ratio of 32.15, a P/E/G ratio of 1.30 and a beta of 1.21. Stanley Black & Decker, Inc. has a one year low of $53.91 and a one year high of $93.37.
Stanley Black & Decker (NYSE:SWK – Get Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $1.41 earnings per share for the quarter, beating analysts’ consensus estimates of $1.27 by $0.14. Stanley Black & Decker had a return on equity of 7.90% and a net margin of 2.66%.The business had revenue of $3.68 billion for the quarter, compared to analyst estimates of $3.78 billion. During the same period in the prior year, the company earned $1.49 earnings per share. The company’s revenue was down 1.0% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. As a group, research analysts predict that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.
Stanley Black & Decker Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th will be paid a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 3.9%. The ex-dividend date is Tuesday, March 10th. Stanley Black & Decker’s payout ratio is presently 125.28%.
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.
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