Janney Montgomery Scott LLC Grows Position in Stanley Black & Decker, Inc. $SWK

Janney Montgomery Scott LLC grew its stake in Stanley Black & Decker, Inc. (NYSE:SWK) by 65.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 352,631 shares of the industrial products company’s stock after buying an additional 139,473 shares during the period. Janney Montgomery Scott LLC’s holdings in Stanley Black & Decker were worth $25,058,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Capital Research Global Investors grew its holdings in shares of Stanley Black & Decker by 0.7% during the fourth quarter. Capital Research Global Investors now owns 12,856,517 shares of the industrial products company’s stock valued at $954,991,000 after buying an additional 88,402 shares during the last quarter. Price T Rowe Associates Inc. MD raised its stake in Stanley Black & Decker by 1.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 9,898,190 shares of the industrial products company’s stock worth $735,239,000 after acquiring an additional 101,769 shares during the last quarter. State Street Corp lifted its position in Stanley Black & Decker by 2.3% during the 2nd quarter. State Street Corp now owns 9,423,438 shares of the industrial products company’s stock worth $638,438,000 after acquiring an additional 215,960 shares during the period. Dimensional Fund Advisors LP grew its stake in Stanley Black & Decker by 12.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,884,278 shares of the industrial products company’s stock valued at $362,812,000 after purchasing an additional 555,103 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of Stanley Black & Decker by 49.5% in the third quarter. Ameriprise Financial Inc. now owns 4,379,653 shares of the industrial products company’s stock valued at $325,541,000 after purchasing an additional 1,450,170 shares during the period. 87.77% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Wall Street Zen raised Stanley Black & Decker from a “hold” rating to a “buy” rating in a report on Saturday, June 20th. Robert W. Baird set a $84.00 price target on shares of Stanley Black & Decker in a report on Thursday, April 30th. Morgan Stanley decreased their price objective on shares of Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating for the company in a research note on Thursday, May 28th. Barclays dropped their price objective on shares of Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating on the stock in a report on Wednesday, April 1st. Finally, JPMorgan Chase & Co. raised their target price 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. 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 company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $88.44.

Stanley Black & Decker Stock Up 1.8%

Shares of SWK opened at $93.65 on Tuesday. The company has a market capitalization of $14.56 billion, a price-to-earnings ratio of 38.38, a PEG ratio of 1.29 and a beta of 1.19. Stanley Black & Decker, Inc. has a 52 week low of $61.90 and a 52 week high of $93.75. The stock’s 50-day moving average price is $80.03 and its 200-day moving average price is $78.76. The company has a quick ratio of 0.43, a current ratio of 1.14 and a debt-to-equity ratio of 0.52.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share for the quarter, beating 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 company had revenue of $3.85 billion during the quarter, compared to analysts’ expectations of $3.75 billion. During the same period last year, the business earned $0.75 earnings per share. Stanley Black & Decker’s quarterly revenue was up 2.7% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, sell-side analysts predict that Stanley Black & Decker, Inc. will post 5.35 EPS for the current year.

Stanley Black & Decker Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Monday, June 8th were issued a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend was Monday, June 8th. Stanley Black & Decker’s payout ratio 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.