Wilsey Asset Management Inc. Raises Stock Position in Stanley Black & Decker, Inc. $SWK

Wilsey Asset Management Inc. raised its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 1.5% during the second quarter, HoldingsChannel.com reports. The firm owned 541,721 shares of the industrial products company’s stock after purchasing an additional 8,198 shares during the period. Stanley Black & Decker makes up 7.5% of Wilsey Asset Management Inc.’s portfolio, making the stock its biggest position. Wilsey Asset Management Inc.’s holdings in Stanley Black & Decker were worth $50,987,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Stanley Black & Decker by 3.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,648 shares of the industrial products company’s stock valued at $1,203,000 after acquiring an additional 559 shares during the period. Empowered Funds LLC lifted its position in shares of Stanley Black & Decker by 8.2% during the first quarter. Empowered Funds LLC now owns 4,645 shares of the industrial products company’s stock worth $357,000 after purchasing an additional 353 shares during the last quarter. Focus Partners Wealth boosted its stake in shares of Stanley Black & Decker by 18.8% during the first quarter. Focus Partners Wealth now owns 6,981 shares of the industrial products company’s stock valued at $537,000 after purchasing an additional 1,105 shares during the period. CW Advisors LLC bought a new position in shares of Stanley Black & Decker in the second quarter worth about $249,000. Finally, EverSource Wealth Advisors LLC increased its stake in Stanley Black & Decker by 53.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 989 shares of the industrial products company’s stock worth $67,000 after buying an additional 345 shares during the period. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Price Performance

Shares of SWK stock opened at $100.91 on Friday. The stock’s 50-day moving average is $88.31 and its 200 day moving average is $81.68. Stanley Black & Decker, Inc. has a 1-year low of $61.90 and a 1-year high of $104.29. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.43 and a quick ratio of 0.55. The company has a market cap of $15.24 billion, a P/E ratio of 24.61, a PEG ratio of 1.41 and a beta of 1.16.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $1.57 EPS for the quarter, beating the consensus estimate of $1.21 by $0.36. Stanley Black & Decker had a net margin of 4.07% and a return on equity of 8.78%. The business had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.97 billion. During the same period in the prior year, the firm posted $1.08 earnings per share. The company’s quarterly revenue was up .4% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Research analysts predict that Stanley Black & Decker, Inc. will post 5.48 earnings per share for the current fiscal year.

Stanley Black & Decker Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th will be paid a $0.84 dividend. This represents a $3.36 annualized dividend and a yield of 3.3%. This is a positive change from Stanley Black & Decker’s previous quarterly dividend of $0.83. The ex-dividend date is Tuesday, September 8th. Stanley Black & Decker’s payout ratio is 81.95%.

Wall Street Analyst Weigh In

SWK has been the subject of several research reports. Wells Fargo & Company boosted their price objective on shares of Stanley Black & Decker from $80.00 to $90.00 and gave the company an “equal weight” rating in a research report on Thursday, June 18th. Weiss Ratings raised shares of Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Robert W. Baird set a $84.00 price objective on Stanley Black & Decker in a research note on Thursday, April 30th. Wall Street Zen upgraded Stanley Black & Decker from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 1st. Finally, JPMorgan Chase & Co. increased their price target on Stanley Black & Decker from $65.00 to $75.00 and gave the stock an “underweight” rating in a research report on Friday, May 1st. Four equities 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 data from MarketBeat, Stanley Black & Decker currently has an average rating of “Hold” and a consensus price target of $90.22.

Stanley Black & Decker 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.