111 Capital Increases Position in Stanley Black & Decker, Inc. $SWK

Key Points

• 111 Capital increased its stake in Stanley Black & Decker, Inc. by 125.5%, owning a total of 6,036 shares valued at approximately $409,000 as of the most recent reporting period.
• Stanley Black & Decker recently announced a quarterly dividend of $0.83 per share, resulting in an annualized dividend of $3.32 and a dividend yield of 4.4%, marking an increase from the previous quarterly dividend.
• In its latest earnings report, Stanley Black & Decker posted an EPS of $1.08, exceeding estimates, but revenue was down by 6.2% year-over-year, totaling $3.95 billion.

111 Capital boosted its stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 125.5% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,036 shares of the industrial products company's stock after buying an additional 3,359 shares during the period. 111 Capital's holdings in Stanley Black & Decker were worth $409,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Golden State Wealth Management LLC raised its holdings in Stanley Black & Decker by 1,138.5% in the first quarter. Golden State Wealth Management LLC now owns 322 shares of the industrial products company's stock worth $25,000 after buying an additional 296 shares during the last quarter. 1248 Management LLC purchased a new stake in shares of Stanley Black & Decker during the first quarter valued at $26,000. Hanson & Doremus Investment Management bought a new stake in shares of Stanley Black & Decker in the first quarter worth approximately $31,000. TD Private Client Wealth LLC raised its holdings in shares of Stanley Black & Decker by 830.4% during the first quarter. TD Private Client Wealth LLC now owns 428 shares of the industrial products company's stock valued at $33,000 after purchasing an additional 382 shares during the last quarter. Finally, Garde Capital Inc. boosted its holdings in Stanley Black & Decker by 160.5% in the second quarter. Garde Capital Inc. now owns 521 shares of the industrial products company's stock worth $35,000 after purchasing an additional 321 shares during the last quarter. Hedge funds and other institutional investors own 87.77% of the company's stock.

Stanley Black & Decker Stock Up 1.9%

Shares of NYSE:SWK opened at $75.43 on Monday. The company has a 50-day moving average price of $74.04 and a 200 day moving average price of $69.39. The company has a current ratio of 1.04, a quick ratio of 0.34 and a debt-to-equity ratio of 0.52. Stanley Black & Decker, Inc. has a 12 month low of $53.91 and a 12 month high of $109.91. The company has a market cap of $11.68 billion, a price-to-earnings ratio of 23.95, a PEG ratio of 1.56 and a beta of 1.19.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The industrial products company reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.70. The business had revenue of $3.95 billion during the quarter, compared to analyst estimates of $4.01 billion. Stanley Black & Decker had a return on equity of 7.76% and a net margin of 3.15%.The company's revenue for the quarter was down 6.2% on a year-over-year basis. During the same period last year, the company earned $1.09 EPS. Stanley Black & Decker has set its FY 2025 guidance at 4.550-4.750 EPS. As a group, equities research analysts predict that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current year.

Stanley Black & Decker Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 4.4%. This is a boost from Stanley Black & Decker's previous quarterly dividend of $0.82. The ex-dividend date was Tuesday, September 2nd. Stanley Black & Decker's dividend payout ratio (DPR) is presently 105.40%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Wall Street Zen downgraded Stanley Black & Decker from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th. Wells Fargo & Company raised their price objective on shares of Stanley Black & Decker from $70.00 to $75.00 and gave the stock an "equal weight" rating in a report on Wednesday, July 30th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Stanley Black & Decker in a report on Saturday, September 27th. Barclays dropped their price target on shares of Stanley Black & Decker from $90.00 to $89.00 and set an "overweight" rating on the stock in a research note on Wednesday, July 30th. Finally, The Goldman Sachs Group restated a "neutral" rating and issued a $80.00 price objective on shares of Stanley Black & Decker in a research note on Wednesday, July 30th. Five analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Stanley Black & Decker has an average rating of "Hold" and a consensus price target of $89.40.

Stanley Black & Decker Profile

Stanley Black & Decker, Inc engages in the provision of power and hand tools, and related accessories, products, services and equipment for oil and gas, infrastructure applications, commercial electronic security and monitoring systems, healthcare solutions, and mechanical access solutions. It operates through the Tools and Outdoor and Industrial segments.

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