Contravisory Investment Management Inc. Makes New $883,000 Investment in Stanley Black & Decker, Inc. $SWK

Contravisory Investment Management Inc. purchased a new stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 12,423 shares of the industrial products company’s stock, valued at approximately $883,000.

Several other institutional investors also recently modified their holdings of the business. Capital Research Global Investors lifted its stake in Stanley Black & Decker by 0.9% during the 3rd quarter. Capital Research Global Investors now owns 12,768,115 shares of the industrial products company’s stock valued at $949,050,000 after acquiring an additional 116,302 shares during the period. Douglas Lane & Associates LLC grew its stake in shares of Stanley Black & Decker by 47.4% in the fourth quarter. Douglas Lane & Associates LLC now owns 106,850 shares of the industrial products company’s stock worth $7,937,000 after acquiring an additional 34,365 shares during the period. Polianta Ltd purchased a new position in shares of Stanley Black & Decker during the fourth quarter valued at approximately $1,611,000. Neo Ivy Capital Management lifted its position in Stanley Black & Decker by 314.0% during the third quarter. Neo Ivy Capital Management now owns 17,488 shares of the industrial products company’s stock valued at $1,300,000 after purchasing an additional 13,264 shares during the period. Finally, Ameritas Investment Partners Inc. lifted its position in Stanley Black & Decker by 1,077.4% during the third quarter. Ameritas Investment Partners Inc. now owns 17,190 shares of the industrial products company’s stock valued at $1,278,000 after purchasing an additional 15,730 shares during the period. 87.77% of the stock is owned by hedge funds and other institutional investors.

Stanley Black & Decker Stock Performance

Shares of NYSE SWK opened at $92.08 on Friday. Stanley Black & Decker, Inc. has a 12-month low of $61.90 and a 12-month high of $93.50. The firm has a market capitalization of $14.31 billion, a price-to-earnings ratio of 37.74, a price-to-earnings-growth ratio of 1.25 and a beta of 1.19. 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 50 day moving average of $79.03 and a 200 day moving average of $78.47.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.19. The business had revenue of $3.85 billion for the quarter, compared to the consensus estimate of $3.75 billion. Stanley Black & Decker had a net margin of 2.44% and a return on equity of 7.95%. The company’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period last year, the firm earned $0.75 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, research analysts anticipate that Stanley Black & Decker, Inc. will post 5.35 earnings per share for the current year.

Stanley Black & Decker Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Monday, June 8th were issued a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend was Monday, June 8th. Stanley Black & Decker’s dividend payout ratio (DPR) is currently 136.07%.

Analyst Upgrades and Downgrades

A number of research firms have commented on SWK. JPMorgan Chase & Co. lifted their target price on shares of Stanley Black & Decker from $65.00 to $75.00 and gave the stock an “underweight” rating in a research report on Friday, May 1st. Robert W. Baird set a $84.00 price target on Stanley Black & Decker in a report on Thursday, April 30th. Morgan Stanley dropped their price target on Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Stanley Black & Decker in a report on Monday, April 20th. Finally, Wells Fargo & Company increased 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. Four investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Stanley Black & Decker presently has an average rating of “Hold” and an average target price of $88.44.

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.