AlphaQuest LLC Acquires 15,964 Shares of Stanley Black & Decker, Inc. $SWK

Key Points

• AlphaQuest LLC significantly increased its stake in Stanley Black & Decker, boosting holdings by 418.9% in the fourth quarter to 19,775 shares worth about $1.47 million.
• Institutional ownership remains high, with 87.77% of the stock held by institutions, and several other funds also reported modest increases in their SWK positions.
• Stanley Black & Decker reported better-than-expected quarterly results, with EPS of $0.80 versus $0.61 expected and revenue of $3.85 billion, while analysts currently have a consensus Hold rating and an average price target of $87.67.

AlphaQuest LLC increased its holdings in Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) by 418.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,775 shares of the industrial products company's stock after acquiring an additional 15,964 shares during the quarter. AlphaQuest LLC's holdings in Stanley Black & Decker were worth $1,469,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Cardinal Point Capital Management ULC boosted its holdings in Stanley Black & Decker by 2.7% in the fourth quarter. Cardinal Point Capital Management ULC now owns 4,800 shares of the industrial products company's stock worth $357,000 after acquiring an additional 125 shares in the last quarter. Crossmark Global Holdings Inc. boosted its holdings in Stanley Black & Decker by 2.8% in the fourth quarter. Crossmark Global Holdings Inc. now owns 4,606 shares of the industrial products company's stock worth $342,000 after acquiring an additional 126 shares in the last quarter. Martin Capital Partners LLC boosted its holdings in Stanley Black & Decker by 2.1% in the fourth quarter. Martin Capital Partners LLC now owns 7,258 shares of the industrial products company's stock worth $539,000 after acquiring an additional 152 shares in the last quarter. Dakota Wealth Management boosted its holdings in Stanley Black & Decker by 1.3% in the third quarter. Dakota Wealth Management now owns 12,645 shares of the industrial products company's stock worth $940,000 after acquiring an additional 160 shares in the last quarter. Finally, Allen Mooney & Barnes Investment Advisors LLC boosted its holdings in Stanley Black & Decker by 1.0% in the fourth quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 16,047 shares of the industrial products company's stock worth $1,192,000 after acquiring an additional 160 shares in the last quarter. 87.77% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

SWK has been the topic of several analyst reports. Weiss Ratings reissued a "hold (c)" rating on shares of Stanley Black & Decker in a report on Monday, April 20th. Morgan Stanley boosted their target price on Stanley Black & Decker from $80.00 to $87.00 and gave the stock an "equal weight" rating in a report on Monday, February 23rd. JPMorgan Chase & Co. upped their price target on Stanley Black & Decker from $65.00 to $75.00 and gave the company an "underweight" rating in a report on Friday, May 1st. Barclays lowered their price target on Stanley Black & Decker from $100.00 to $95.00 and set an "overweight" rating on the stock in a report on Wednesday, April 1st. Finally, Robert W. Baird set a $84.00 price target on Stanley Black & Decker in a report on Thursday, April 30th. Four equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $87.67.

Stanley Black & Decker Trading Up 0.8%

Shares of NYSE:SWK opened at $79.55 on Thursday. The company has a market cap of $12.37 billion, a P/E ratio of 32.60, a PEG ratio of 1.11 and a beta of 1.20. 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 $93.37. The stock's fifty day moving average price is $73.84 and its 200-day moving average price is $76.37.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.61 by $0.19. The firm had revenue of $3.85 billion for the quarter, compared to the consensus estimate of $3.75 billion. Stanley Black & Decker had a return on equity of 7.95% and a net margin of 2.44%.The company's quarterly revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.75 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Sell-side analysts expect that Stanley Black & Decker, Inc. will post 5.33 earnings per share for the current year.

Stanley Black & Decker Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 23rd. Shareholders of record on Monday, June 8th will be given a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend is Monday, June 8th. Stanley Black & Decker's dividend payout ratio (DPR) is presently 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.

Want to see what other hedge funds are holding SWK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Stanley Black & Decker, Inc. (NYSE:SWK - Free Report).

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.