Cooke & Bieler LP Sells 6,948 Shares of Stanley Black & Decker, Inc. $SWK

Cooke & Bieler LP decreased its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 0.6% in the 4th quarter, Holdings Channel reports. The firm owned 1,241,546 shares of the industrial products company’s stock after selling 6,948 shares during the period. Cooke & Bieler LP’s holdings in Stanley Black & Decker were worth $92,222,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of SWK. Cardinal Point Capital Management ULC lifted its stake in Stanley Black & Decker by 2.7% in the fourth quarter. Cardinal Point Capital Management ULC now owns 4,800 shares of the industrial products company’s stock worth $357,000 after purchasing an additional 125 shares during the last quarter. Crossmark Global Holdings Inc. boosted its stake in shares of Stanley Black & Decker by 2.8% during the 4th quarter. Crossmark Global Holdings Inc. now owns 4,606 shares of the industrial products company’s stock valued at $342,000 after purchasing an additional 126 shares in the last quarter. Martin Capital Partners LLC raised its position in shares of Stanley Black & Decker by 2.1% in the 4th quarter. Martin Capital Partners LLC now owns 7,258 shares of the industrial products company’s stock worth $539,000 after acquiring an additional 152 shares in the last quarter. Dakota Wealth Management lifted its position in Stanley Black & Decker by 1.3% during the third quarter. Dakota Wealth Management now owns 12,645 shares of the industrial products company’s stock valued at $940,000 after buying an additional 160 shares during the period. Finally, Allen Mooney & Barnes Investment Advisors LLC lifted its holdings in shares of Stanley Black & Decker by 1.0% during the fourth quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 16,047 shares of the industrial products company’s stock valued at $1,192,000 after purchasing an additional 160 shares during the last quarter. Institutional investors own 87.77% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on SWK. The Goldman Sachs Group restated a “neutral” rating and set a $84.00 price target on shares of Stanley Black & Decker in a report on Thursday, February 5th. JPMorgan Chase & Co. lifted their price objective on Stanley Black & Decker from $65.00 to $75.00 and gave the stock an “underweight” rating in a report on Friday, May 1st. Citigroup boosted their price target on Stanley Black & Decker from $90.00 to $100.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Morgan Stanley lifted their price objective on Stanley Black & Decker from $80.00 to $87.00 and gave the company an “equal weight” rating in a research report on Monday, February 23rd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Stanley Black & Decker in a research report on Monday, April 20th. Four equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $87.67.

Stanley Black & Decker Stock Performance

NYSE:SWK opened at $76.53 on Tuesday. 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 1 year low of $61.90 and a 1 year high of $93.37. The stock’s 50 day simple moving average is $73.50 and its two-hundred day simple moving average is $76.22. The company has a market cap of $11.90 billion, a price-to-earnings ratio of 31.37, a PEG ratio of 1.07 and a beta of 1.20.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $3.85 billion for the quarter, compared to the consensus estimate of $3.75 billion. During the same quarter in the previous year, the company posted $0.75 EPS. The company’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. As a group, equities analysts anticipate that Stanley Black & Decker, Inc. will post 5.33 earnings per share for the current fiscal year.

Stanley Black & Decker Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 23rd. Stockholders of record on Monday, June 8th will be given a dividend of $0.83 per share. The ex-dividend date of this dividend is Monday, June 8th. This represents a $3.32 annualized dividend and a dividend yield of 4.3%. Stanley Black & Decker’s payout ratio 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.