Grey Ledge Advisors LLC Boosts Stake in Stanley Black & Decker, Inc. $SWK

Grey Ledge Advisors LLC lifted its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 64.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 16,302 shares of the industrial products company’s stock after acquiring an additional 6,366 shares during the period. Grey Ledge Advisors LLC’s holdings in Stanley Black & Decker were worth $1,158,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Chapman Financial Group LLC bought a new stake in shares of Stanley Black & Decker during the 2nd quarter valued at $26,000. GoalVest Advisory LLC bought a new position in shares of Stanley Black & Decker in the 4th quarter worth about $26,000. CYBER HORNET ETFs LLC bought a new position in shares of Stanley Black & Decker in the 2nd quarter worth about $28,000. Kovack Advisors Inc. purchased a new position in Stanley Black & Decker during the 4th quarter valued at about $28,000. Finally, MUFG Securities EMEA plc bought a new stake in Stanley Black & Decker during the second quarter worth about $31,000. 87.77% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

SWK has been the subject of a number of research analyst reports. Wall Street Zen raised shares of Stanley Black & Decker from a “hold” rating to a “buy” rating in a research report on Saturday, June 20th. Wells Fargo & Company raised their price target on Stanley Black & Decker from $80.00 to $90.00 and gave the stock an “equal weight” rating in a research note on Thursday, June 18th. JPMorgan Chase & Co. lifted their price objective on Stanley Black & Decker from $65.00 to $75.00 and gave the stock an “underweight” rating in a report on Friday, May 1st. Robert W. Baird set a $84.00 price objective on Stanley Black & Decker in a research report on Thursday, April 30th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Stanley Black & Decker in a research report on Monday, April 20th. Four investment 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. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $88.44.

Stanley Black & Decker Stock Up 2.7%

NYSE SWK opened at $92.08 on Friday. The stock has a 50 day moving average price of $79.03 and a 200-day moving average price of $78.47. Stanley Black & Decker, Inc. has a one year low of $61.90 and a one year high of $93.50. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.43 and a current ratio of 1.14. The company has a market capitalization of $14.31 billion, a P/E ratio of 37.74, a P/E/G ratio of 1.25 and a beta of 1.19.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.19. Stanley Black & Decker had a net margin of 2.44% and a return on equity of 7.95%. The company had revenue of $3.85 billion for the quarter, compared to the consensus estimate of $3.75 billion. During the same quarter in the prior year, the firm earned $0.75 earnings per share. Stanley Black & Decker’s revenue was up 2.7% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. As a group, equities analysts predict that Stanley Black & Decker, Inc. will post 5.35 EPS for the current fiscal year.

Stanley Black & Decker Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Monday, June 8th were paid a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, June 8th. Stanley Black & Decker’s payout ratio is currently 136.07%.

About Stanley Black & Decker

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.