Equitable Trust Co. Invests $463,000 in Stanley Black & Decker, Inc. $SWK

Equitable Trust Co. purchased a new position in Stanley Black & Decker, Inc. (NYSE:SWK) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 6,510 shares of the industrial products company’s stock, valued at approximately $463,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. GoalVest Advisory LLC purchased a new stake in Stanley Black & Decker during the fourth quarter worth $26,000. Chapman Financial Group LLC purchased a new position in shares of Stanley Black & Decker in the second quarter valued at $26,000. CYBER HORNET ETFs LLC acquired a new position in shares of Stanley Black & Decker during the 2nd quarter worth $28,000. Motiv8 Investments LLC purchased a new stake in shares of Stanley Black & Decker in the 4th quarter worth about $31,000. Finally, MUFG Securities EMEA plc purchased a new stake in shares of Stanley Black & Decker in the 2nd quarter worth about $31,000. 87.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

SWK has been the subject of several recent research reports. Wells Fargo & Company raised their target price on shares of Stanley Black & Decker from $80.00 to $90.00 and gave the company an “equal weight” rating in a report on Thursday, June 18th. JPMorgan Chase & Co. increased their price target on shares of Stanley Black & Decker from $65.00 to $75.00 and gave the company an “underweight” rating in a research report on Friday, May 1st. Morgan Stanley dropped their price objective on shares of Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating for the company in a research note on Thursday, May 28th. Weiss Ratings restated a “hold (c)” rating on shares of Stanley Black & Decker in a research report on Monday, April 20th. Finally, Wall Street Zen raised Stanley Black & Decker from a “hold” rating to a “buy” rating in a research note on Saturday, June 20th. Four research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $88.44.

Stanley Black & Decker Trading Up 1.6%

NYSE:SWK traded up $1.42 on Friday, reaching $88.23. The stock had a trading volume of 1,070,674 shares, compared to its average volume of 1,606,216. Stanley Black & Decker, Inc. has a 12-month low of $61.90 and a 12-month high of $95.16. The company has a market cap of $13.72 billion, a price-to-earnings ratio of 36.16, a P/E/G ratio of 1.23 and a beta of 1.16. The firm’s fifty day moving average is $82.57 and its two-hundred day moving average is $79.75. 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 (NYSE:SWK) last issued its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.19. The business had revenue of $3.85 billion during 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% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.75 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Equities analysts expect that Stanley Black & Decker, Inc. will post 5.35 EPS for the current fiscal year.

Stanley Black & Decker Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders 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 annualized dividend and a yield of 3.8%. Stanley Black & Decker’s payout ratio is 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.