Ally Financial Inc. Takes Position in Stanley Black & Decker, Inc. $SWK

Ally Financial Inc. bought a new position in Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 25,000 shares of the industrial products company's stock, valued at approximately $2,353,000.

Other hedge funds also recently modified their holdings of the company. Cardinal Point Capital Management ULC increased its holdings in shares of Stanley Black & Decker by 2.7% during the 4th quarter. Cardinal Point Capital Management ULC now owns 4,800 shares of the industrial products company's stock worth $357,000 after purchasing an additional 125 shares during the period. Crossmark Global Holdings Inc. increased its stake in Stanley Black & Decker by 2.8% during the fourth quarter. Crossmark Global Holdings Inc. now owns 4,606 shares of the industrial products company's stock valued at $342,000 after acquiring an additional 126 shares during the period. Boothbay Fund Management LLC raised its holdings in Stanley Black & Decker by 4.0% in the 4th quarter. Boothbay Fund Management LLC now owns 3,471 shares of the industrial products company's stock valued at $258,000 after acquiring an additional 132 shares in the last quarter. Bessemer Group Inc. lifted its position in shares of Stanley Black & Decker by 1.5% in the 1st quarter. Bessemer Group Inc. now owns 9,223 shares of the industrial products company's stock worth $654,000 after acquiring an additional 134 shares during the period. Finally, Assetmark Inc. increased its holdings in Stanley Black & Decker by 19.9% in the 1st quarter. Assetmark Inc. now owns 880 shares of the industrial products company's stock valued at $63,000 after buying an additional 146 shares during the period. 87.77% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

SWK has been the subject of several recent research reports. Wells Fargo & Company increased their price target on shares of Stanley Black & Decker from $80.00 to $90.00 and gave the stock an "equal weight" rating in a research report on Thursday, June 18th. JPMorgan Chase & Co. lifted their price objective on Stanley Black & Decker from $65.00 to $75.00 and gave the company an "underweight" rating in a report on Friday, May 1st. Robert W. Baird set a $84.00 target price on Stanley Black & Decker in a report on Thursday, April 30th. Wall Street Zen upgraded Stanley Black & Decker from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 1st. Finally, Morgan Stanley set a $96.00 price target on Stanley Black & Decker in a research note on Monday, August 10th. Three equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $92.25.

Key Headlines Impacting Stanley Black & Decker

Here are the key news stories impacting Stanley Black & Decker this week:

• Positive Sentiment: CNBC commentator Jim Cramer called SWK a “pick-and-shovel” beneficiary of a potential home-renovation cycle, citing strong results from Home Depot and Lowe’s as evidence that demand for tools could improve. Cramer Targets Stanley Black & Decker as the Pick-and-Shovel Play on Home Renovation Boom
• Positive Sentiment: Zacks Research raised its FY2026 EPS forecast to $5.53 from $5.30, FY2027 EPS to $6.10 from $5.77, and FY2028 EPS to $6.60 from $6.55. It also increased several quarterly estimates, suggesting better expected earnings momentum. Stanley Black & Decker analyst estimates
• Positive Sentiment: Analyst commentary highlighted traction in the Engineered Fastening segment, supported by automotive and industrial demand, while the company’s $2.1 billion cost-savings program could provide additional operating leverage. Will Strength in Engineered Fastening Unit Continue to Drive SWK's Growth?
• Positive Sentiment: From a technical perspective, SWK moved above its 20-day moving average and was described as showing a potential short-term bullish trend, supporting the recent price strength. Stanley Black & Decker Just Flashed Golden Cross Signal
• Neutral Sentiment: A report noted that Stanley Black & Decker’s 2026 outlook and planned $1 billion U.S. investment are reshaping the company’s longer-term growth narrative, although the investment could require substantial upfront spending. Stanley Black & Decker stock holds gains
• Neutral Sentiment: Zacks reduced its Q3 2026 EPS estimate to $1.52 from $1.66 and made a minor cut to its Q4 estimate, partially offsetting the broader upward revisions. Full-year consensus remains $5.58 per share. Stanley Black & Decker earnings estimates

Stanley Black & Decker Stock Down 0.1%

Shares of NYSE SWK opened at $99.91 on Monday. Stanley Black & Decker, Inc. has a 12-month low of $61.90 and a 12-month high of $104.68. The firm's 50-day simple moving average is $93.06 and its 200 day simple moving average is $83.23. The company has a quick ratio of 0.55, a current ratio of 1.43 and a debt-to-equity ratio of 0.53. The company has a market cap of $15.09 billion, a price-to-earnings ratio of 24.37, a price-to-earnings-growth ratio of 1.34 and a beta of 1.16.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last announced its earnings results on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.21 by $0.36. The company had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.97 billion. Stanley Black & Decker had a net margin of 4.07% and a return on equity of 8.78%. Stanley Black & Decker's quarterly revenue was up .4% on a year-over-year basis. During the same period in the prior year, the business earned $1.08 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, research analysts expect that Stanley Black & Decker, Inc. will post 5.57 earnings per share for the current fiscal year.

Stanley Black & Decker Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th will be issued a dividend of $0.84 per share. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $3.36 dividend on an annualized basis and a yield of 3.4%. This is a boost from Stanley Black & Decker's previous quarterly dividend of $0.83. Stanley Black & Decker's dividend payout ratio (DPR) is presently 80.98%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source