Wealth Enhancement Advisory Services LLC Has $4.78 Million Stake in Stanley Black & Decker, Inc. $SWK

Wealth Enhancement Advisory Services LLC reduced its stake in Stanley Black & Decker, Inc. (NYSE:SWKFree Report) by 26.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 59,183 shares of the industrial products company’s stock after selling 21,613 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Stanley Black & Decker were worth $4,780,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Tred Avon Family Wealth LLC acquired a new position in Stanley Black & Decker in the 3rd quarter valued at $939,000. Massachusetts Financial Services Co. MA raised its holdings in Stanley Black & Decker by 0.5% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,199,427 shares of the industrial products company’s stock worth $237,813,000 after acquiring an additional 17,084 shares during the period. Godsey & Gibb Inc. lifted its position in Stanley Black & Decker by 14.6% during the 3rd quarter. Godsey & Gibb Inc. now owns 212,480 shares of the industrial products company’s stock worth $15,794,000 after acquiring an additional 27,140 shares during the last quarter. Baird Financial Group Inc. boosted its holdings in Stanley Black & Decker by 773.1% during the second quarter. Baird Financial Group Inc. now owns 53,278 shares of the industrial products company’s stock valued at $3,610,000 after acquiring an additional 47,176 shares during the period. Finally, Osaic Holdings Inc. grew its position in shares of Stanley Black & Decker by 48.1% in the second quarter. Osaic Holdings Inc. now owns 44,816 shares of the industrial products company’s stock valued at $3,038,000 after purchasing an additional 14,550 shares during the last quarter. Institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Stock Down 2.0%

Shares of SWK opened at $67.45 on Tuesday. 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 company has a 50-day simple moving average of $80.48 and a 200-day simple moving average of $75.50. Stanley Black & Decker, Inc. has a 52 week low of $53.91 and a 52 week high of $93.37. The firm has a market capitalization of $10.47 billion, a P/E ratio of 25.45, a P/E/G ratio of 0.99 and a beta of 1.18.

Stanley Black & Decker (NYSE:SWKGet Free Report) last released its earnings results on Wednesday, February 4th. The industrial products company reported $1.41 earnings per share for the quarter, topping analysts’ consensus estimates of $1.27 by $0.14. The business had revenue of $3.68 billion for the quarter, compared to the consensus estimate of $3.78 billion. Stanley Black & Decker had a return on equity of 7.90% and a net margin of 2.66%.The firm’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same period last year, the business earned $1.49 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, equities research analysts expect that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current year.

Stanley Black & Decker Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th were given a dividend of $0.83 per share. The ex-dividend date was Tuesday, March 10th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 4.9%. Stanley Black & Decker’s payout ratio is currently 125.28%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on SWK shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Wednesday, January 21st. Citigroup raised their target price on Stanley Black & Decker from $90.00 to $100.00 and gave the company a “buy” rating in a report on Friday, February 6th. Morgan Stanley lifted their price target on Stanley Black & Decker from $80.00 to $87.00 and gave the stock an “equal weight” rating in a research report on Monday, February 23rd. Barclays reiterated an “overweight” rating and set a $100.00 price target on shares of Stanley Black & Decker in a report on Thursday, February 5th. Finally, Argus upgraded shares of Stanley Black & Decker to a “hold” rating in a research note on Tuesday, February 10th. Four investment 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’s stock. According to data from MarketBeat, Stanley Black & Decker presently has a consensus rating of “Hold” and an average target price of $86.89.

Get Our Latest Analysis on SWK

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.

See Also

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

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