DE Burlo Group Inc. raised its stake in Stanley Black & Decker, Inc. (NYSE:SWK – Free Report) by 157.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 263,005 shares of the industrial products company’s stock after purchasing an additional 160,800 shares during the quarter. Stanley Black & Decker accounts for about 2.4% of DE Burlo Group Inc.’s portfolio, making the stock its 21st biggest position. DE Burlo Group Inc. owned approximately 0.17% of Stanley Black & Decker worth $19,549,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also bought and sold shares of SWK. Chapman Financial Group LLC bought a new position in Stanley Black & Decker during the 2nd quarter valued at $26,000. CYBER HORNET ETFs LLC purchased a new stake in shares of Stanley Black & Decker in the second quarter valued at about $28,000. Hanson & Doremus Investment Management bought a new position in shares of Stanley Black & Decker during the third quarter valued at about $30,000. Sentry Investment Management LLC purchased a new position in Stanley Black & Decker during the third quarter worth about $31,000. Finally, MUFG Securities EMEA plc bought a new stake in Stanley Black & Decker in the 2nd quarter worth about $31,000. Institutional investors own 87.77% of the company’s stock.
Analyst Upgrades and Downgrades
SWK has been the topic of several recent analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Stanley Black & Decker in a research report on Wednesday, January 21st. Citigroup increased their price target on Stanley Black & Decker from $90.00 to $100.00 and gave the company a “buy” rating in a research report on Friday, February 6th. UBS Group cut their price objective on Stanley Black & Decker from $105.00 to $98.00 and set a “buy” rating on the stock in a research report on Monday, January 5th. The Goldman Sachs Group restated a “neutral” rating and issued a $84.00 price objective on shares of Stanley Black & Decker in a research note on Thursday, February 5th. Finally, Morgan Stanley lifted their target price on Stanley Black & Decker from $80.00 to $87.00 and gave the stock an “equal weight” rating in a research note on Monday, February 23rd. 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, Stanley Black & Decker presently has a consensus rating of “Hold” and a consensus price target of $86.89.
Stanley Black & Decker Trading Down 2.2%
Shares of SWK stock opened at $73.98 on Wednesday. The company has a quick ratio of 0.35, a current ratio of 1.14 and a debt-to-equity ratio of 0.52. The firm has a market cap of $11.47 billion, a P/E ratio of 27.92, a PEG ratio of 1.08 and a beta of 1.18. The company has a 50 day moving average of $83.39 and a 200-day moving average of $76.04. Stanley Black & Decker, Inc. has a 12-month low of $53.91 and a 12-month 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 the consensus estimate 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 during 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. Stanley Black & Decker’s revenue was down 1.0% compared to the same quarter last year. 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 5.16 earnings per share for the current year.
Stanley Black & Decker Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th will be paid a dividend of $0.83 per share. The ex-dividend date is Tuesday, March 10th. This represents a $3.32 annualized dividend and a dividend yield of 4.5%. Stanley Black & Decker’s dividend 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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