Benjamin Edwards Inc. Acquires New Position in Stanley Black & Decker, Inc. $SWK

Key Points

• Benjamin Edwards Inc. acquired 11,842 shares of Stanley Black & Decker in the second quarter, worth approximately $1.115 million. Institutional investors and hedge funds collectively own 87.77% of the company.
• Analyst sentiment remains mixed, with four Buy, six Hold and one Sell rating. The consensus rating is Hold, with an average price target of $91.56.
• Stanley Black & Decker reported quarterly EPS of $1.57, exceeding estimates of $1.21, while revenue reached $3.96 billion. The company also raised its quarterly dividend to $0.84 per share, implying a 3.3% annualized yield.

Benjamin Edwards Inc. acquired a new position in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 11,842 shares of the industrial products company's stock, valued at approximately $1,115,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Cape Investment Advisory Inc. bought a new position in shares of Stanley Black & Decker during the second quarter valued at approximately $35,000. Chapman Financial Group LLC bought a new stake in shares of Stanley Black & Decker in the 2nd quarter worth approximately $26,000. CYBER HORNET ETFs LLC acquired a new position in Stanley Black & Decker during the 2nd quarter valued at approximately $28,000. Motiv8 Investments LLC bought a new position in Stanley Black & Decker during the 4th quarter worth $31,000. Finally, MUFG Securities EMEA plc acquired a new stake in Stanley Black & Decker in the second quarter worth $31,000. 87.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have issued reports on SWK shares. The Goldman Sachs Group reiterated a "neutral" rating and issued a $93.00 target price on shares of Stanley Black & Decker in a research note on Wednesday, July 29th. JPMorgan Chase & Co. increased their price objective on shares of Stanley Black & Decker from $65.00 to $75.00 and gave the stock an "underweight" rating in a report on Friday, May 1st. Robert W. Baird set a $84.00 price objective on shares of Stanley Black & Decker in a research report on Thursday, April 30th. Citigroup boosted their target price on shares of Stanley Black & Decker from $100.00 to $107.00 and gave the company a "buy" rating in a research note on Friday, July 31st. Finally, Wells Fargo & Company raised their price target on shares of Stanley Black & Decker from $80.00 to $90.00 and gave the company an "equal weight" rating in a research note on Thursday, June 18th. Four analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $91.56.

Stanley Black & Decker Stock Performance

SWK stock opened at $102.20 on Friday. The company has a 50-day simple moving average of $90.73 and a 200 day simple moving average of $82.39. The company has a market capitalization of $15.43 billion, a P/E ratio of 24.93, a PEG ratio of 1.39 and a beta of 1.16. The company has a quick ratio of 0.55, a current ratio of 1.43 and a debt-to-equity ratio of 0.53. Stanley Black & Decker, Inc. has a fifty-two week low of $61.90 and a fifty-two week high of $104.68.

Stanley Black & Decker (NYSE:SWK - Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $1.57 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 the consensus estimate 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 revenue was up .4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.08 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Sell-side analysts predict that Stanley Black & Decker, Inc. will post 5.53 earnings per share for the current fiscal year.

Stanley Black & Decker Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors 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 is a positive change from Stanley Black & Decker's previous quarterly dividend of $0.83. This represents a $3.36 annualized dividend and a yield of 3.3%. Stanley Black & Decker's dividend payout ratio 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.

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