Perbak Capital Partners LLP Makes New $2.74 Million Investment in Stanley Black & Decker, Inc. $SWK

Perbak Capital Partners LLP purchased a new position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) in the third quarter, HoldingsChannel reports. The institutional investor purchased 36,915 shares of the industrial products company’s stock, valued at approximately $2,744,000. Stanley Black & Decker makes up about 0.5% of Perbak Capital Partners LLP’s holdings, making the stock its 23rd biggest holding.

Several other hedge funds and other institutional investors have also modified their holdings of SWK. Brown Brothers Harriman & Co. increased its position in Stanley Black & Decker by 281.6% during the third quarter. Brown Brothers Harriman & Co. now owns 1,099 shares of the industrial products company’s stock worth $82,000 after acquiring an additional 811 shares during the period. Landscape Capital Management L.L.C. bought a new stake in Stanley Black & Decker in the 3rd quarter valued at $762,000. Sunriver Management LLC grew its position in Stanley Black & Decker by 299.7% in the 3rd quarter. Sunriver Management LLC now owns 567,473 shares of the industrial products company’s stock worth $42,180,000 after purchasing an additional 425,509 shares during the last quarter. Tocqueville Asset Management L.P. increased its holdings in shares of Stanley Black & Decker by 24.8% during the 3rd quarter. Tocqueville Asset Management L.P. now owns 198,971 shares of the industrial products company’s stock worth $14,790,000 after purchasing an additional 39,564 shares during the period. Finally, Sei Investments Co. raised its position in shares of Stanley Black & Decker by 3.9% during the third quarter. Sei Investments Co. now owns 151,747 shares of the industrial products company’s stock valued at $11,279,000 after buying an additional 5,705 shares during the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on SWK. Morgan Stanley increased their target price on shares of Stanley Black & Decker from $80.00 to $87.00 and gave the company an “equal weight” rating in a research note on Monday, February 23rd. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $84.00 price target on shares of Stanley Black & Decker in a report on Thursday, February 5th. Weiss Ratings reissued a “hold (c)” rating on shares of Stanley Black & Decker in a report on Wednesday, January 21st. Argus upgraded Stanley Black & Decker to a “hold” rating in a research report on Tuesday, February 10th. Finally, Wells Fargo & Company raised their target price on Stanley Black & Decker from $75.00 to $82.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 14th. Four equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $86.89.

Stanley Black & Decker Stock Down 1.4%

Shares of SWK opened at $70.08 on Friday. 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 company has a 50-day moving average price of $83.18 and a two-hundred day moving average price of $75.95. The stock has a market cap of $10.88 billion, a price-to-earnings ratio of 26.44, a P/E/G ratio of 1.02 and a beta of 1.18. 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) last released 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. The company had revenue of $3.68 billion for the quarter, compared to analyst estimates of $3.78 billion. Stanley Black & Decker had a return on equity of 7.90% and a net margin of 2.66%.The company’s revenue was down 1.0% compared to the same quarter last year. During the same period in the prior year, the company posted $1.49 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Equities analysts predict that Stanley Black & Decker, Inc. will post 5.16 EPS for the current fiscal year.

Stanley Black & Decker Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th will be issued a dividend of $0.83 per share. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 4.7%. Stanley Black & Decker’s dividend payout ratio (DPR) is presently 125.28%.

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.