City Center Advisors LLC Purchases Shares of 5,260 Stanley Black & Decker, Inc. $SWK

City Center Advisors LLC acquired a new position in Stanley Black & Decker, Inc. (NYSE:SWK) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 5,260 shares of the industrial products company’s stock, valued at approximately $495,000.

Several other institutional investors have also modified their holdings of the company. Chapman Financial Group LLC acquired a new position in Stanley Black & Decker during the second quarter worth about $26,000. CYBER HORNET ETFs LLC acquired a new stake in Stanley Black & Decker in the 2nd quarter valued at about $28,000. Motiv8 Investments LLC acquired a new stake in Stanley Black & Decker in the 4th quarter valued at about $31,000. MUFG Securities EMEA plc bought a new position in shares of Stanley Black & Decker during the 2nd quarter valued at about $31,000. Finally, Parkside Financial Bank & Trust grew its stake in shares of Stanley Black & Decker by 96.6% in the 4th quarter. Parkside Financial Bank & Trust now owns 466 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 229 shares during the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on SWK shares. Wells Fargo & Company boosted 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 report on Thursday, June 18th. Weiss Ratings upgraded shares of Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday. Robert W. Baird set a $84.00 price target on Stanley Black & Decker in a report on Thursday, April 30th. The Goldman Sachs Group reiterated a “neutral” rating and set a $93.00 price objective on shares of Stanley Black & Decker in a research report on Wednesday, July 29th. Finally, JPMorgan Chase & Co. lifted their target price on 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 issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $90.22.

Stanley Black & Decker Trading Up 4.3%

Shares of SWK stock opened at $102.34 on Wednesday. Stanley Black & Decker, Inc. has a 12 month low of $61.90 and a 12 month high of $102.53. The company has a market cap of $15.46 billion, a PE ratio of 24.96, a price-to-earnings-growth ratio of 1.35 and a beta of 1.16. The company has a quick ratio of 0.55, a current ratio of 1.43 and a debt-to-equity ratio of 0.53. The business’s 50 day moving average is $87.40 and its two-hundred day moving average is $81.43.

Stanley Black & Decker (NYSE:SWK) last announced its earnings results on Wednesday, July 29th. The industrial products company reported $1.57 EPS for the quarter, topping the consensus estimate of $1.21 by $0.36. The firm had revenue of $3.96 billion for 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 business’s quarterly revenue was up .4% on a year-over-year basis. During the same quarter last year, the firm posted $1.08 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 5.45 EPS for the current year.

Stanley Black & Decker Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th will be given a $0.84 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $3.36 annualized dividend and a yield of 3.3%. This is an increase from Stanley Black & Decker’s previous quarterly dividend of $0.83. Stanley Black & Decker’s dividend payout ratio (DPR) is presently 80.98%.

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.