Glenview Trust Co Invests $547,000 in Stanley Black & Decker, Inc. $SWK

Glenview Trust Co purchased a new stake in Stanley Black & Decker, Inc. (NYSE:SWK) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 5,807 shares of the industrial products company’s stock, valued at approximately $547,000.

Several other hedge funds have also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Stanley Black & Decker by 3.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,648 shares of the industrial products company’s stock valued at $1,203,000 after acquiring an additional 559 shares during the last quarter. Empowered Funds LLC boosted its holdings in shares of Stanley Black & Decker by 8.2% in the 1st quarter. Empowered Funds LLC now owns 4,645 shares of the industrial products company’s stock valued at $357,000 after purchasing an additional 353 shares in the last quarter. Focus Partners Wealth boosted its holdings in shares of Stanley Black & Decker by 18.8% in the 1st quarter. Focus Partners Wealth now owns 6,981 shares of the industrial products company’s stock valued at $537,000 after purchasing an additional 1,105 shares in the last quarter. CW Advisors LLC bought a new position in shares of Stanley Black & Decker in the 2nd quarter valued at $249,000. Finally, EverSource Wealth Advisors LLC lifted its position in shares of Stanley Black & Decker by 53.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 989 shares of the industrial products company’s stock worth $67,000 after buying an additional 345 shares during the last quarter. 87.77% of the stock is owned by institutional investors.

Stanley Black & Decker Stock Performance

Shares of SWK opened at $97.86 on Friday. Stanley Black & Decker, Inc. has a one year low of $61.90 and a one year high of $104.68. The stock has a 50-day moving average of $94.44 and a 200-day moving average of $83.72. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.43 and a quick ratio of 0.55. The company has a market cap of $14.78 billion, a PE ratio of 23.87, a P/E/G ratio of 1.31 and a beta of 1.16.

Stanley Black & Decker (NYSE:SWK) last posted its earnings results on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share for the quarter, beating analysts’ consensus estimates of $1.21 by $0.36. Stanley Black & Decker had a return on equity of 8.78% and a net margin of 4.07%.The company had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.97 billion. During the same quarter last year, the company earned $1.08 earnings per share. The company’s revenue for the quarter was up .4% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, equities research analysts predict that Stanley Black & Decker, Inc. will post 5.57 EPS for the current fiscal year.

Stanley Black & Decker Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th will be issued a $0.84 dividend. This is a boost from Stanley Black & Decker’s previous quarterly dividend of $0.83. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $3.36 annualized dividend and a yield of 3.4%. Stanley Black & Decker’s payout ratio is 80.98%.

Wall Street Analyst Weigh In

SWK has been the subject of several research analyst reports. Morgan Stanley set a $96.00 target price on Stanley Black & Decker in a research note on Monday, August 10th. Wall Street Zen lowered shares of Stanley Black & Decker from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Weiss Ratings upgraded shares of Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 31st. Citigroup increased their price target on Stanley Black & Decker from $100.00 to $107.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Finally, The Goldman Sachs Group restated a “neutral” rating and set a $93.00 price objective on shares of Stanley Black & Decker in a research report on Wednesday, July 29th. Three equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $92.25.

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.