Tocqueville Asset Management L.P. Makes New $29.82 Million Investment in Stanley Black & Decker, Inc. $SWK

Tocqueville Asset Management L.P. purchased a new position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 316,811 shares of the industrial products company’s stock, valued at approximately $29,818,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Chapman Financial Group LLC purchased a new stake in Stanley Black & Decker during the 2nd quarter worth approximately $26,000. CYBER HORNET ETFs LLC acquired a new stake in Stanley Black & Decker during the 2nd quarter worth approximately $28,000. Kovack Advisors Inc. purchased a new position in Stanley Black & Decker in the 4th quarter valued at approximately $28,000. Motiv8 Investments LLC acquired a new position in shares of Stanley Black & Decker in the fourth quarter worth $31,000. Finally, MUFG Securities EMEA plc purchased a new stake in shares of Stanley Black & Decker during the second quarter worth $31,000. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Wall Street Analyst Weigh In

SWK has been the subject of a number of recent research reports. Wells Fargo & Company lifted their target price on Stanley Black & Decker from $80.00 to $90.00 and gave the company an “equal weight” rating in a report on Thursday, June 18th. JPMorgan Chase & Co. upped their price target on Stanley Black & Decker from $65.00 to $75.00 and gave the stock an “underweight” rating in a report on Friday, May 1st. Morgan Stanley set a $96.00 price target on Stanley Black & Decker in a research report on Monday, August 10th. The Goldman Sachs Group reissued a “neutral” rating and set a $93.00 price objective on shares of Stanley Black & Decker in a research report on Wednesday, July 29th. Finally, Wall Street Zen upgraded shares of Stanley Black & Decker from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 1st. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $92.25.

Stanley Black & Decker Price Performance

Stanley Black & Decker stock opened at $99.84 on Thursday. The company has a current ratio of 1.43, a quick ratio of 0.55 and a debt-to-equity ratio of 0.53. The company has a fifty day simple moving average of $92.42 and a 200-day simple moving average of $82.94. The stock has a market cap of $15.08 billion, a P/E ratio of 24.35, a price-to-earnings-growth ratio of 1.33 and a beta of 1.16. Stanley Black & Decker, Inc. has a 12-month low of $61.90 and a 12-month high of $104.68.

Stanley Black & Decker (NYSE:SWK) last posted its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share for the quarter, beating analysts’ consensus estimates of $1.21 by $0.36. The company had revenue of $3.96 billion for the quarter, compared to analysts’ expectations of $3.97 billion. Stanley Black & Decker had a return on equity of 8.78% and a net margin of 4.07%.Stanley Black & Decker’s quarterly revenue was up .4% on a year-over-year basis. During the same period last year, the firm earned $1.08 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Equities analysts expect that Stanley Black & Decker, Inc. will post 5.53 EPS for the current fiscal year.

Stanley Black & Decker Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Tuesday, September 8th will be given a dividend of $0.84 per share. This is a boost from Stanley Black & Decker’s previous quarterly dividend of $0.83. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $3.36 annualized dividend and a dividend yield of 3.4%. Stanley Black & Decker’s dividend payout ratio is 80.98%.

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.