CIBC Asset Management Inc Raises Holdings in Stanley Black & Decker, Inc. $SWK

CIBC Asset Management Inc increased its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 76.5% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 34,299 shares of the industrial products company’s stock after acquiring an additional 14,866 shares during the period. CIBC Asset Management Inc’s holdings in Stanley Black & Decker were worth $2,548,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Norges Bank purchased a new position in shares of Stanley Black & Decker during the fourth quarter worth $133,961,000. Ameriprise Financial Inc. boosted its position in shares of Stanley Black & Decker by 49.5% during the third quarter. Ameriprise Financial Inc. now owns 4,379,653 shares of the industrial products company’s stock worth $325,541,000 after buying an additional 1,450,170 shares during the period. Freestone Grove Partners LP purchased a new position in shares of Stanley Black & Decker during the third quarter worth $95,602,000. Strive Asset Management LLC purchased a new position in shares of Stanley Black & Decker during the third quarter worth $78,480,000. Finally, Clean Energy Transition LLP boosted its position in shares of Stanley Black & Decker by 56.8% during the third quarter. Clean Energy Transition LLP now owns 2,799,218 shares of the industrial products company’s stock worth $208,066,000 after buying an additional 1,013,756 shares during the period. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

Stanley Black & Decker Trading Down 0.0%

NYSE:SWK opened at $78.48 on Monday. Stanley Black & Decker, Inc. has a 12-month low of $61.90 and a 12-month high of $93.37. The company has a current ratio of 1.14, a quick ratio of 0.43 and a debt-to-equity ratio of 0.52. The firm has a market cap of $12.20 billion, a PE ratio of 32.16, a price-to-earnings-growth ratio of 1.10 and a beta of 1.19. The stock has a fifty day moving average price of $75.09 and a 200 day moving average price of $76.96.

Stanley Black & Decker (NYSE:SWK) last posted its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share for the quarter, beating 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 company had revenue of $3.85 billion for the quarter, compared to analysts’ expectations of $3.75 billion. During the same period last year, the firm 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. Sell-side analysts anticipate that Stanley Black & Decker, Inc. will post 5.32 earnings per share for the current fiscal year.

Stanley Black & Decker Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 23rd. Shareholders of record on Monday, June 8th will be paid a $0.83 dividend. The ex-dividend date is Monday, June 8th. This represents a $3.32 dividend on an annualized basis and a yield of 4.2%. Stanley Black & Decker’s dividend payout ratio (DPR) is currently 136.07%.

Analyst Ratings Changes

SWK has been the subject of several research analyst reports. Robert W. Baird set a $84.00 price target on Stanley Black & Decker in a research report on Thursday, April 30th. Morgan Stanley lowered their price target on Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating for the company in a research report on Thursday, May 28th. Argus upgraded Stanley Black & Decker to a “hold” rating in a research report on Tuesday, February 10th. Wells Fargo & Company lifted their target price on Stanley Black & Decker from $75.00 to $80.00 and gave the company an “equal weight” rating in a report on Thursday, April 30th. Finally, Wall Street Zen lowered Stanley Black & Decker from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Four equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Stanley Black & Decker currently has a consensus rating of “Hold” and an average price target of $87.33.

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.