Oppenheimer Asset Management Inc. Has $4.86 Million Position in Stanley Black & Decker, Inc. $SWK

Oppenheimer Asset Management Inc. grew its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 50.6% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 65,384 shares of the industrial products company’s stock after purchasing an additional 21,972 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Stanley Black & Decker were worth $4,860,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Princeton Global Asset Management LLC bought a new stake in Stanley Black & Decker during the second quarter worth about $25,000. Chapman Financial Group LLC acquired a new position in shares of Stanley Black & Decker during the 2nd quarter worth approximately $26,000. CYBER HORNET ETFs LLC bought a new stake in shares of Stanley Black & Decker during the 2nd quarter worth approximately $28,000. Hanson & Doremus Investment Management acquired a new stake in shares of Stanley Black & Decker in the 3rd quarter valued at approximately $30,000. Finally, Sentry Investment Management LLC bought a new position in shares of Stanley Black & Decker in the third quarter valued at $31,000. Institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Stock Down 1.3%

Stanley Black & Decker stock opened at $90.57 on Thursday. The company’s 50-day moving average price is $79.15 and its two-hundred day moving average price is $74.19. The company has a quick ratio of 0.35, a current ratio of 1.14 and a debt-to-equity ratio of 0.52. The stock has a market cap of $14.03 billion, a P/E ratio of 34.18, a P/E/G ratio of 1.29 and a beta of 1.21. Stanley Black & Decker, Inc. has a twelve month low of $53.91 and a twelve month high of $93.37.

Stanley Black & Decker (NYSE:SWK) last posted its earnings results on Wednesday, February 4th. The industrial products company reported $1.41 EPS for the quarter, beating the consensus estimate of $1.27 by $0.14. The company had revenue of $3.68 billion for the quarter, compared to the consensus estimate of $3.78 billion. Stanley Black & Decker had a return on equity of 7.90% and a net margin of 2.66%.The firm’s revenue for the quarter was down 1.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.49 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. As a group, analysts expect that Stanley Black & Decker, Inc. will post 5.16 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Citigroup upped their price target on shares of Stanley Black & Decker from $90.00 to $100.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. UBS Group dropped their target price on shares of Stanley Black & Decker from $105.00 to $98.00 and set a “buy” rating on the stock in a report on Monday, January 5th. Morgan Stanley set a $88.00 target price on shares of Stanley Black & Decker in a research note on Monday, December 22nd. Weiss Ratings restated a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Wednesday, January 21st. Finally, Robert W. Baird raised their price objective on Stanley Black & Decker from $75.00 to $85.00 and gave the company a “neutral” rating in a research report on Tuesday, December 23rd. Five research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $87.00.

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.