Chicago Partners Investment Group LLC Buys Shares of 5,587 Stanley Black & Decker, Inc. $SWK

Chicago Partners Investment Group LLC purchased a new position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) in the first quarter, Holdings Channel.com reports. The fund purchased 5,587 shares of the industrial products company’s stock, valued at approximately $423,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Procyon Advisors LLC grew its position in Stanley Black & Decker by 14.4% in the first quarter. Procyon Advisors LLC now owns 10,583 shares of the industrial products company’s stock valued at $752,000 after acquiring an additional 1,334 shares during the last quarter. Castleview Partners LLC lifted its holdings in shares of Stanley Black & Decker by 19.4% in the first quarter. Castleview Partners LLC now owns 6,542 shares of the industrial products company’s stock worth $465,000 after acquiring an additional 1,065 shares during the last quarter. Fifth Third Bancorp boosted its stake in shares of Stanley Black & Decker by 1,894.2% in the 1st quarter. Fifth Third Bancorp now owns 154,867 shares of the industrial products company’s stock valued at $11,005,000 after purchasing an additional 147,101 shares in the last quarter. Equitable Trust Co. bought a new stake in shares of Stanley Black & Decker during the 1st quarter valued at approximately $463,000. Finally, Kestra Advisory Services LLC grew its holdings in shares of Stanley Black & Decker by 7.4% during the 1st quarter. Kestra Advisory Services LLC now owns 23,478 shares of the industrial products company’s stock valued at $1,668,000 after purchasing an additional 1,611 shares during the last quarter. 87.77% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

SWK has been the subject of several research reports. 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 reaffirmed a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Monday, April 20th. Robert W. Baird set a $84.00 price target on shares of Stanley Black & Decker in a report on Thursday, April 30th. JPMorgan Chase & Co. increased their price target on Stanley Black & Decker from $65.00 to $75.00 and gave the company an “underweight” rating in a research note on Friday, May 1st. Finally, Barclays reduced their price objective on Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 1st. 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. Based on data from MarketBeat, Stanley Black & Decker currently has an average rating of “Hold” and a consensus price target of $88.44.

Stanley Black & Decker Stock Up 0.0%

Shares of NYSE SWK opened at $90.20 on Monday. The company has a 50 day simple moving average of $83.48 and a 200 day simple moving average of $80.26. 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, Inc. has a 1 year low of $61.90 and a 1 year high of $95.16. The firm has a market cap of $14.02 billion, a PE ratio of 36.97, a price-to-earnings-growth ratio of 1.26 and a beta of 1.16.

Stanley Black & Decker (NYSE:SWK) last posted its earnings results on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.19. The firm had revenue of $3.85 billion for 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 company’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.75 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, research analysts forecast that Stanley Black & Decker, Inc. will post 5.35 EPS for the current year.

Stanley Black & Decker Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Monday, June 8th were given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Monday, June 8th. Stanley Black & Decker’s dividend payout ratio (DPR) 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.