Stanley Black & Decker, Inc. $SWK Shares Purchased by SRH Advisors LLC

SRH Advisors LLC increased its stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 16.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,709 shares of the industrial products company’s stock after purchasing an additional 526 shares during the period. SRH Advisors LLC’s holdings in Stanley Black & Decker were worth $251,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of SWK. Wellington Management Group LLP grew its stake in Stanley Black & Decker by 14.0% during the 4th quarter. Wellington Management Group LLP now owns 9,673 shares of the industrial products company’s stock valued at $777,000 after acquiring an additional 1,188 shares in the last quarter. Procyon Advisors LLC purchased a new stake in Stanley Black & Decker during the 1st quarter valued at about $474,000. Farther Finance Advisors LLC grew its stake in Stanley Black & Decker by 50.1% during the 1st quarter. Farther Finance Advisors LLC now owns 3,283 shares of the industrial products company’s stock valued at $250,000 after acquiring an additional 1,096 shares in the last quarter. Pallas Capital Advisors LLC purchased a new stake in Stanley Black & Decker during the 1st quarter valued at about $672,000. Finally, Yousif Capital Management LLC grew its stake in Stanley Black & Decker by 13.3% during the 1st quarter. Yousif Capital Management LLC now owns 93,279 shares of the industrial products company’s stock valued at $7,171,000 after acquiring an additional 10,950 shares in the last quarter. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Price Performance

Stanley Black & Decker stock opened at $75.43 on Monday. The firm has a market cap of $11.68 billion, a PE ratio of 23.95, a price-to-earnings-growth ratio of 1.56 and a beta of 1.19. Stanley Black & Decker, Inc. has a 52-week low of $53.91 and a 52-week high of $109.91. The company has a quick ratio of 0.34, a current ratio of 1.04 and a debt-to-equity ratio of 0.52. The company’s 50 day moving average is $74.04 and its two-hundred day moving average is $69.39.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings data on Tuesday, July 29th. The industrial products company reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.70. Stanley Black & Decker had a net margin of 3.15% and a return on equity of 7.76%. The business had revenue of $3.95 billion for the quarter, compared to analyst estimates of $4.01 billion. During the same period last year, the business earned $1.09 EPS. The company’s revenue was down 6.2% on a year-over-year basis. Stanley Black & Decker has set its FY 2025 guidance at 4.550-4.750 EPS. On average, research analysts expect that Stanley Black & Decker, Inc. will post 5.16 EPS for the current fiscal year.

Stanley Black & Decker Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were paid a dividend of $0.83 per share. The ex-dividend date was Tuesday, September 2nd. This represents a $3.32 annualized dividend and a yield of 4.4%. This is an increase from Stanley Black & Decker’s previous quarterly dividend of $0.82. Stanley Black & Decker’s dividend payout ratio (DPR) is 105.40%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Wells Fargo & Company upped their price objective on shares of Stanley Black & Decker from $70.00 to $75.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 30th. Robert W. Baird increased their price target on shares of Stanley Black & Decker from $65.00 to $78.00 and gave the company a “neutral” rating in a research note on Tuesday, July 22nd. Weiss Ratings reissued a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Saturday, September 27th. Barclays dropped their price target on shares of Stanley Black & Decker from $90.00 to $89.00 and set an “overweight” rating for the company in a research note on Wednesday, July 30th. Finally, Jefferies Financial Group set a $86.00 price target on shares of Stanley Black & Decker and gave the company a “buy” rating in a research note on Monday, August 18th. Five research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $89.40.

Stanley Black & Decker Profile

Stanley Black & Decker, Inc engages in the provision of power and hand tools, and related accessories, products, services and equipment for oil and gas, infrastructure applications, commercial electronic security and monitoring systems, healthcare solutions, and mechanical access solutions. It operates through the Tools and Outdoor and Industrial segments.