Wilsey Asset Management Inc. Has $37.91 Million Holdings in Stanley Black & Decker, Inc. $SWK

Wilsey Asset Management Inc. boosted its stake in Stanley Black & Decker, Inc. (NYSE:SWK) by 2.0% during the 1st quarter, HoldingsChannel.com reports. The fund owned 533,523 shares of the industrial products company’s stock after acquiring an additional 10,251 shares during the period. Stanley Black & Decker accounts for 5.9% of Wilsey Asset Management Inc.’s portfolio, making the stock its 7th biggest position. Wilsey Asset Management Inc.’s holdings in Stanley Black & Decker were worth $37,912,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Capital Research Global Investors boosted its stake in Stanley Black & Decker by 0.9% during the third quarter. Capital Research Global Investors now owns 12,768,115 shares of the industrial products company’s stock worth $949,050,000 after acquiring an additional 116,302 shares in the last quarter. Douglas Lane & Associates LLC raised its holdings in shares of Stanley Black & Decker by 47.4% during the fourth quarter. Douglas Lane & Associates LLC now owns 106,850 shares of the industrial products company’s stock valued at $7,937,000 after purchasing an additional 34,365 shares during the period. Polianta Ltd bought a new position in shares of Stanley Black & Decker during the 4th quarter worth about $1,611,000. Neo Ivy Capital Management boosted its position in shares of Stanley Black & Decker by 314.0% during the 3rd quarter. Neo Ivy Capital Management now owns 17,488 shares of the industrial products company’s stock worth $1,300,000 after purchasing an additional 13,264 shares in the last quarter. Finally, Sunriver Management LLC grew its stake in shares of 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 valued at $42,180,000 after buying an additional 425,509 shares during the period. Institutional investors and hedge funds own 87.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on SWK shares. Wall Street Zen raised Stanley Black & Decker from a “hold” rating to a “buy” rating in a research note on Saturday, June 20th. Barclays decreased their price objective on Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating for the company in a report on Wednesday, April 1st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Stanley Black & Decker in a research report on Monday, April 20th. Morgan Stanley reduced their price target on shares of Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating for the company in a research report on Thursday, May 28th. Finally, Wells Fargo & Company boosted their price target on shares of Stanley Black & Decker from $80.00 to $90.00 and gave the company an “equal weight” rating in a research note on Thursday, June 18th. Four research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Stanley Black & Decker has an average rating of “Hold” and an average price target of $88.44.

Stanley Black & Decker Price Performance

SWK stock opened at $91.87 on Monday. 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 business has a 50-day simple moving average of $81.45 and a two-hundred day simple moving average of $79.23. The company has a market capitalization of $14.28 billion, a P/E ratio of 37.65, a price-to-earnings-growth ratio of 1.28 and a beta of 1.16. Stanley Black & Decker, Inc. has a 52-week low of $61.90 and a 52-week high of $95.16.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.80 EPS for the quarter, topping the consensus estimate of $0.61 by $0.19. Stanley Black & Decker had a return on equity of 7.95% and a net margin of 2.44%.The firm had revenue of $3.85 billion during the quarter, compared to the consensus estimate of $3.75 billion. During the same period in the prior year, the business posted $0.75 earnings per share. The company’s quarterly revenue was up 2.7% compared to the same quarter last year. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Research analysts expect that Stanley Black & Decker, Inc. will post 5.36 EPS for the current fiscal year.

Stanley Black & Decker Announces Dividend

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

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.