Oak Thistle LLC Acquires New Holdings in Stanley Black & Decker, Inc. $SWK

Oak Thistle LLC bought a new stake in Stanley Black & Decker, Inc. (NYSE:SWK) during the second quarter, Holdings Channel.com reports. The firm bought 15,298 shares of the industrial products company’s stock, valued at approximately $1,440,000.

Several other institutional investors also recently modified their holdings of SWK. Cardinal Point Capital Management ULC lifted its stake in shares of Stanley Black & Decker by 2.7% in the 4th quarter. Cardinal Point Capital Management ULC now owns 4,800 shares of the industrial products company’s stock valued at $357,000 after acquiring an additional 125 shares during the last quarter. Crossmark Global Holdings Inc. grew its position in Stanley Black & Decker by 2.8% during the 4th quarter. Crossmark Global Holdings Inc. now owns 4,606 shares of the industrial products company’s stock worth $342,000 after acquiring an additional 126 shares during the last quarter. Boothbay Fund Management LLC increased its holdings in Stanley Black & Decker by 4.0% in the 4th quarter. Boothbay Fund Management LLC now owns 3,471 shares of the industrial products company’s stock worth $258,000 after purchasing an additional 132 shares in the last quarter. Bessemer Group Inc. raised its position in Stanley Black & Decker by 1.5% in the first quarter. Bessemer Group Inc. now owns 9,223 shares of the industrial products company’s stock valued at $654,000 after purchasing an additional 134 shares during the last quarter. Finally, Assetmark Inc. boosted its stake in shares of Stanley Black & Decker by 19.9% during the first quarter. Assetmark Inc. now owns 880 shares of the industrial products company’s stock valued at $63,000 after purchasing an additional 146 shares in the last quarter. 87.77% of the stock is currently owned by institutional investors and hedge funds.

Stanley Black & Decker Price Performance

Stanley Black & Decker stock opened at $102.87 on Thursday. The stock’s 50 day moving average is $90.27 and its 200 day moving average is $82.25. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.43 and a quick ratio of 0.55. The firm has a market cap of $15.54 billion, a P/E ratio of 25.09, a P/E/G ratio of 1.41 and a beta of 1.16. Stanley Black & Decker, Inc. has a one year low of $61.90 and a one year high of $104.68.

Stanley Black & Decker (NYSE:SWK) last released its earnings results on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share for the quarter, beating analysts’ consensus estimates of $1.21 by $0.36. The business had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.97 billion. Stanley Black & Decker had a net margin of 4.07% and a return on equity of 8.78%. The company’s revenue for the quarter was up .4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.08 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. As a group, research analysts expect that Stanley Black & Decker, Inc. will post 5.53 EPS 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. Investors of record on Tuesday, September 8th will be issued a $0.84 dividend. The ex-dividend date is Tuesday, September 8th. This is a positive change from Stanley Black & Decker’s previous quarterly dividend of $0.83. This represents a $3.36 annualized dividend and a yield of 3.3%. Stanley Black & Decker’s dividend payout ratio (DPR) is presently 81.95%.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. The Goldman Sachs Group restated a “neutral” rating and set a $93.00 price target on shares of Stanley Black & Decker in a report on Wednesday, July 29th. Wells Fargo & Company lifted their target price 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. 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 report on Friday, July 31st. Morgan Stanley set a $96.00 price target on shares of Stanley Black & Decker in a research note on Monday. Finally, JPMorgan Chase & Co. lifted their price target on shares of Stanley Black & Decker from $65.00 to $75.00 and gave the stock an “underweight” rating in a report on Friday, May 1st. Four analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Stanley Black & Decker has an average rating of “Hold” and an average target price of $91.56.

Stanley Black & Decker Company 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.