Clean Energy Transition LLP increased its stake in Stanley Black & Decker, Inc. (NYSE:SWK – Free Report) by 4.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,936,073 shares of the industrial products company’s stock after purchasing an additional 136,855 shares during the period. Stanley Black & Decker makes up 18.2% of Clean Energy Transition LLP’s holdings, making the stock its 2nd biggest holding. Clean Energy Transition LLP owned 1.90% of Stanley Black & Decker worth $218,092,000 as of its most recent filing with the SEC.
Other hedge funds also recently modified their holdings of the company. GoalVest Advisory LLC bought a new position in Stanley Black & Decker in the fourth quarter valued at about $26,000. Chapman Financial Group LLC bought a new position in Stanley Black & Decker in the second quarter valued at about $26,000. CYBER HORNET ETFs LLC bought a new position in Stanley Black & Decker in the second quarter valued at about $28,000. Kovack Advisors Inc. bought a new position in Stanley Black & Decker in the fourth quarter valued at about $28,000. Finally, MUFG Securities EMEA plc bought a new position in Stanley Black & Decker in the second quarter valued at about $31,000. Institutional investors own 87.77% of the company’s stock.
Analysts Set New Price Targets
A number of research analysts have issued reports on the company. Morgan Stanley decreased their target price on Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating on the stock in a research report on Thursday, May 28th. Robert W. Baird set a $84.00 target price on Stanley Black & Decker in a research report on Thursday, April 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Stanley Black & Decker in a research report on Monday, April 20th. Wall Street Zen cut Stanley Black & Decker from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Finally, 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 note on Wednesday, April 1st. Four analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $87.33.
Stanley Black & Decker Stock Up 0.5%
NYSE:SWK opened at $83.57 on Friday. The firm’s 50 day simple moving average is $76.17 and its 200 day simple moving average is $77.47. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.14 and a quick ratio of 0.43. Stanley Black & Decker, Inc. has a one year low of $61.90 and a one year high of $93.37. The company has a market cap of $12.99 billion, a PE ratio of 34.25, a P/E/G ratio of 1.18 and a beta of 1.19.
Stanley Black & Decker (NYSE:SWK – Get Free Report) last posted its earnings results 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 net margin of 2.44% and a return on equity of 7.95%. The business had revenue of $3.85 billion for the quarter, compared to the consensus estimate of $3.75 billion. During the same period last year, the company earned $0.75 EPS. The firm’s 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. On average, research analysts anticipate that Stanley Black & Decker, Inc. will post 5.32 earnings per share for the current year.
Stanley Black & Decker Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 23rd. Investors of record on Monday, June 8th will be given a dividend of $0.83 per share. The ex-dividend date is Monday, June 8th. This represents a $3.32 annualized dividend and a yield of 4.0%. Stanley Black & Decker’s dividend payout ratio (DPR) 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.
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