Jupiter Topco LLC Invests $6.39 Million in Stanley Black & Decker, Inc. $SWK

Jupiter Topco LLC acquired a new stake in Stanley Black & Decker, Inc. (NYSE:SWK) during the 2nd quarter, HoldingsChannel reports. The firm acquired 67,888 shares of the industrial products company’s stock, valued at approximately $6,391,000.

Other large investors have also bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Stanley Black & Decker by 3.7% during 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 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 valued at $357,000 after acquiring an additional 353 shares during the period. Focus Partners Wealth lifted its holdings in Stanley Black & Decker by 18.8% during the first quarter. Focus Partners Wealth now owns 6,981 shares of the industrial products company’s stock valued at $537,000 after purchasing an additional 1,105 shares during the last quarter. CW Advisors LLC bought a new position in Stanley Black & Decker during the second quarter worth about $249,000. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Stanley Black & Decker by 53.6% in the second 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. 87.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts recently commented on the stock. Citigroup upped their price target on shares of Stanley Black & Decker from $100.00 to $107.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Weiss Ratings upgraded shares of Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Wells Fargo & Company increased their target price on 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. Wall Street Zen lowered Stanley Black & Decker from a “strong-buy” rating to a “buy” rating in a report on Saturday. Finally, Morgan Stanley set a $96.00 price target on Stanley Black & Decker in a research report on Monday, August 10th. Three research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Stanley Black & Decker has an average rating of “Hold” and an average target price of $92.25.

Stanley Black & Decker Price Performance

SWK stock opened at $97.86 on Monday. The firm has a 50 day moving average of $94.44 and a 200-day moving average of $83.68. The company has a current ratio of 1.43, a quick ratio of 0.55 and a debt-to-equity ratio of 0.53. Stanley Black & Decker, Inc. has a 12 month low of $61.90 and a 12 month high of $104.68. The firm has a market capitalization of $14.78 billion, a P/E ratio of 23.87, a price-to-earnings-growth ratio of 1.31 and a beta of 1.16.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $1.57 EPS for the quarter, beating the consensus estimate 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 company had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.97 billion. During the same quarter in the previous year, the company earned $1.08 earnings per share. 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. As a group, sell-side analysts predict that Stanley Black & Decker, Inc. will post 5.57 earnings per share for the current fiscal year.

Stanley Black & Decker Increases Dividend

The company 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 $0.84 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. This is an increase from Stanley Black & Decker’s previous quarterly dividend of $0.83. This represents a $3.36 annualized dividend and a dividend yield of 3.4%. Stanley Black & Decker’s payout ratio is currently 80.98%.

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.