Stanley Black & Decker, Inc. $SWK Shares Bought by Corient Private Wealth LLC

Corient Private Wealth LLC grew its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 135.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 27,624 shares of the industrial products company’s stock after purchasing an additional 15,887 shares during the period. Corient Private Wealth LLC’s holdings in Stanley Black & Decker were worth $2,066,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Cardinal Point Capital Management ULC lifted its stake in Stanley Black & Decker by 2.7% during the fourth quarter. Cardinal Point Capital Management ULC now owns 4,800 shares of the industrial products company’s stock valued at $357,000 after purchasing an additional 125 shares during the last quarter. Crossmark Global Holdings Inc. grew its position in Stanley Black & Decker by 2.8% in the fourth quarter. Crossmark Global Holdings Inc. now owns 4,606 shares of the industrial products company’s stock worth $342,000 after buying an additional 126 shares during the last quarter. Boothbay Fund Management LLC grew its position in Stanley Black & Decker by 4.0% in the fourth quarter. Boothbay Fund Management LLC now owns 3,471 shares of the industrial products company’s stock worth $258,000 after buying an additional 132 shares during the last quarter. Martin Capital Partners LLC increased its holdings in shares of Stanley Black & Decker by 2.1% in the fourth quarter. Martin Capital Partners LLC now owns 7,258 shares of the industrial products company’s stock valued at $539,000 after buying an additional 152 shares in the last quarter. Finally, Allen Mooney & Barnes Investment Advisors LLC lifted its position in shares of Stanley Black & Decker by 1.0% during the 4th 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 acquiring an additional 160 shares during the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on SWK. Wall Street Zen raised Stanley Black & Decker from a “hold” rating to a “buy” rating in a research note on Saturday, June 20th. Robert W. Baird set a $84.00 target price on Stanley Black & Decker in a report on Thursday, April 30th. Morgan Stanley decreased 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. Weiss Ratings reissued a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Monday, April 20th. Finally, Wells Fargo & Company upped 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 note on Thursday, June 18th. Four analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $88.44.

Stanley Black & Decker Trading Up 1.8%

NYSE SWK opened at $93.65 on Tuesday. The firm’s 50 day moving average price is $80.03 and its two-hundred day moving average price is $78.76. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.43 and a current ratio of 1.14. Stanley Black & Decker, Inc. has a twelve month low of $61.90 and a twelve month high of $93.75. The stock has a market cap of $14.56 billion, a price-to-earnings ratio of 38.38, a PEG ratio of 1.29 and a beta of 1.19.

Stanley Black & Decker (NYSE:SWK) last issued its earnings results on Wednesday, April 29th. The industrial products company reported $0.80 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $3.75 billion. During the same quarter last year, the firm posted $0.75 earnings per share. Stanley Black & Decker’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. Equities analysts anticipate that Stanley Black & Decker, Inc. will post 5.35 EPS for the current year.

Stanley Black & Decker Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Monday, June 8th were issued a $0.83 dividend. The ex-dividend date was Monday, June 8th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 3.5%. Stanley Black & Decker’s dividend payout ratio is currently 136.07%.

Stanley Black & Decker Company 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.