State of Wyoming Invests $473,000 in Stanley Black & Decker, Inc. $SWK

State of Wyoming purchased a new stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 6,653 shares of the industrial products company’s stock, valued at approximately $473,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Chapman Financial Group LLC purchased a new position in shares of Stanley Black & Decker during the 2nd quarter worth approximately $26,000. CYBER HORNET ETFs LLC purchased a new position in shares of Stanley Black & Decker in the 2nd quarter valued at approximately $28,000. Motiv8 Investments LLC bought a new stake in shares of Stanley Black & Decker during the fourth quarter valued at approximately $31,000. MUFG Securities EMEA plc purchased a new stake in Stanley Black & Decker in the second quarter worth $31,000. Finally, Parkside Financial Bank & Trust raised its holdings in Stanley Black & Decker by 96.6% in the fourth 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 in the last quarter. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

Stanley Black & Decker Price Performance

Shares of NYSE:SWK opened at $91.22 on Friday. The business has a fifty day moving average price of $84.59 and a 200-day moving average price of $80.70. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.14 and a quick ratio of 0.43. The company has a market capitalization of $14.18 billion, a PE ratio of 37.39, a PEG ratio of 1.28 and a beta of 1.16. Stanley Black & Decker, Inc. has a 1-year low of $61.90 and a 1-year high of $95.16.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.80 EPS for the quarter, beating the consensus estimate of $0.61 by $0.19. The company had revenue of $3.85 billion for the quarter, compared to the consensus estimate of $3.75 billion. Stanley Black & Decker had a net margin of 2.44% and a return on equity of 7.95%. Stanley Black & Decker’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.75 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. As a group, equities analysts expect that Stanley Black & Decker, Inc. will post 5.35 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 given 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 3.7%. Stanley Black & Decker’s payout ratio is currently 137.70%.

Analysts Set New Price Targets

SWK has been the subject of several recent research reports. Barclays lowered their price objective on Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating for the company in a research report on Wednesday, April 1st. Wells Fargo & Company increased their price target on shares of 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. Robert W. Baird set a $84.00 price objective on shares of Stanley Black & Decker in a research note on Thursday, April 30th. JPMorgan Chase & Co. upped their price objective on shares of Stanley Black & Decker from $65.00 to $75.00 and gave the stock an “underweight” rating in a report on Friday, May 1st. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Stanley Black & Decker in a report on Friday, July 17th. Four analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $88.44.

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.