9,384 Shares in Stanley Black & Decker, Inc. $SWK Purchased by Ascentis Independent Advisors

Ascentis Independent Advisors purchased a new stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 9,384 shares of the industrial products company’s stock, valued at approximately $667,000.

Several other hedge funds have also added to or reduced their stakes in SWK. Wilsey Asset Management Inc. raised its position in Stanley Black & Decker by 2.0% in the first quarter. Wilsey Asset Management Inc. now owns 533,523 shares of the industrial products company’s stock worth $37,912,000 after acquiring an additional 10,251 shares during the period. HB Wealth Management LLC grew its position in shares of Stanley Black & Decker by 26.9% during the 1st quarter. HB Wealth Management LLC now owns 7,496 shares of the industrial products company’s stock valued at $533,000 after acquiring an additional 1,588 shares during the period. PFG Investments LLC increased its stake in shares of Stanley Black & Decker by 14.0% during the 1st quarter. PFG Investments LLC now owns 6,413 shares of the industrial products company’s stock worth $456,000 after purchasing an additional 787 shares during the last quarter. World Investment Advisors raised its holdings in shares of Stanley Black & Decker by 20.2% in the 1st quarter. World Investment Advisors now owns 8,063 shares of the industrial products company’s stock worth $573,000 after purchasing an additional 1,355 shares during the period. Finally, Y Intercept Hong Kong Ltd raised its holdings in shares of Stanley Black & Decker by 33.4% in the 1st quarter. Y Intercept Hong Kong Ltd now owns 39,808 shares of the industrial products company’s stock worth $2,829,000 after purchasing an additional 9,974 shares during the period. Institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Stock Performance

Stanley Black & Decker stock opened at $86.20 on Thursday. Stanley Black & Decker, Inc. has a fifty-two week low of $61.90 and a fifty-two week high of $95.16. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.43 and a current ratio of 1.14. The stock has a market cap of $13.40 billion, a P/E ratio of 35.33, a price-to-earnings-growth ratio of 1.25 and a beta of 1.16. The firm’s fifty day moving average price is $82.16 and its 200-day moving average price is $79.59.

Stanley Black & Decker (NYSE:SWK) last announced its earnings results on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.19. The company had revenue of $3.85 billion during the quarter, compared to analyst estimates of $3.75 billion. Stanley Black & Decker had a net margin of 2.44% and a return on equity of 7.95%. The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.75 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, equities research analysts expect that Stanley Black & Decker, Inc. will post 5.36 earnings per share for the current fiscal year.

Stanley Black & Decker Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Monday, June 8th were issued a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Monday, June 8th. Stanley Black & Decker’s payout ratio is presently 136.07%.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Wells Fargo & Company increased their price objective 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. Weiss Ratings restated a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Monday, April 20th. JPMorgan Chase & Co. increased their price target on Stanley Black & Decker from $65.00 to $75.00 and gave the stock an “underweight” rating in a research note on Friday, May 1st. Barclays decreased their price objective on Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating for the company in a report on Wednesday, April 1st. Finally, Robert W. Baird set a $84.00 price target on shares of Stanley Black & Decker in a research report on Thursday, April 30th. Four analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Stanley Black & Decker currently has an average rating of “Hold” and a consensus 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.