United Capital Financial Advisors LLC Acquires New Holdings in Stanley Black & Decker, Inc. $SWK

United Capital Financial Advisors LLC bought a new stake in Stanley Black & Decker, Inc. (NYSE:SWKFree Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 5,266 shares of the industrial products company’s stock, valued at approximately $496,000.

Several other hedge funds have also modified their holdings of SWK. Cardinal Point Capital Management ULC grew its position 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 worth $357,000 after buying an additional 125 shares during the last quarter. Crossmark Global Holdings Inc. lifted its position in Stanley Black & Decker by 2.8% during the fourth quarter. Crossmark Global Holdings Inc. now owns 4,606 shares of the industrial products company’s stock valued at $342,000 after acquiring an additional 126 shares during the last quarter. Boothbay Fund Management LLC boosted its stake in Stanley Black & Decker by 4.0% in the fourth quarter. Boothbay Fund Management LLC now owns 3,471 shares of the industrial products company’s stock valued at $258,000 after acquiring an additional 132 shares in the last quarter. Bessemer Group Inc. increased its position in shares of Stanley Black & Decker by 1.5% during the first quarter. Bessemer Group Inc. now owns 9,223 shares of the industrial products company’s stock worth $654,000 after purchasing an additional 134 shares in the last quarter. Finally, Assetmark Inc. lifted its holdings in shares of Stanley Black & Decker by 19.9% during the 1st quarter. Assetmark Inc. now owns 880 shares of the industrial products company’s stock valued at $63,000 after purchasing an additional 146 shares during the last quarter. 87.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on SWK. Wall Street Zen lowered Stanley Black & Decker from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Weiss Ratings raised Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 31st. Citigroup upped their price objective 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. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $93.00 price objective on shares of Stanley Black & Decker in a research report on Wednesday, July 29th. Finally, Morgan Stanley set a $96.00 target price on shares of Stanley Black & Decker in a research report on Monday, August 10th. Three research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $92.25.

View Our Latest Report on SWK

Stanley Black & Decker Trading Down 1.3%

Stanley Black & Decker stock opened at $96.53 on Tuesday. The stock has a 50-day moving average price of $94.65 and a 200 day moving average price of $83.71. The company has a market capitalization of $14.58 billion, a price-to-earnings ratio of 23.54, a price-to-earnings-growth ratio of 1.31 and a beta of 1.16. Stanley Black & Decker, Inc. has a 52 week low of $61.90 and a 52 week high of $104.68. The company has a quick ratio of 0.55, a current ratio of 1.43 and a debt-to-equity ratio of 0.53.

Stanley Black & Decker (NYSE:SWKGet Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.21 by $0.36. The company had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.97 billion. Stanley Black & Decker had a net margin of 4.07% and a return on equity of 8.78%. Stanley Black & Decker’s revenue for the quarter was up .4% compared to the same quarter last year. During the same period last year, the firm posted $1.08 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Sell-side analysts anticipate that Stanley Black & Decker, Inc. will post 5.57 EPS for the current year.

Stanley Black & Decker Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th will be given a dividend of $0.84 per share. This is a boost from Stanley Black & Decker’s previous quarterly dividend of $0.83. This represents a $3.36 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date is Tuesday, September 8th. Stanley Black & Decker’s payout ratio is presently 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.

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

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