Corient Private Wealth LP Makes New Investment in Stanley Black & Decker, Inc. $SWK

Key Points

• Corient Private Wealth bought 65,352 shares of Stanley Black & Decker worth approximately $6.15 million in the second quarter. Institutional investors own 87.77% of the company, with several other firms also initiating positions.
• Stanley Black & Decker reported quarterly EPS of $1.57, beating analysts’ $1.21 estimate, while revenue reached $3.96 billion and rose 0.4% year over year. The company issued fiscal 2026 EPS guidance of $4.90 to $5.70.
• The company raised its quarterly dividend to $0.84 per share, representing an annualized yield of about 3.5%. Analysts maintain a consensus “Hold” rating, with an average price target of $92.25 versus the stock’s reported price of $96.53.

Corient Private Wealth LP purchased a new stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 65,352 shares of the industrial products company's stock, valued at approximately $6,151,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bank of America Corp DE bought a new position in shares of Stanley Black & Decker in the second quarter worth approximately $85,606,000. Bcwm LLC purchased a new position in Stanley Black & Decker in the 2nd quarter worth approximately $9,652,000. Gallagher Fiduciary Advisors LLC purchased a new position in Stanley Black & Decker in the 2nd quarter worth approximately $282,000. Man Group plc bought a new position in shares of Stanley Black & Decker in the 2nd quarter worth $15,667,000. Finally, Jupiter Topco LLC purchased a new stake in shares of Stanley Black & Decker during the 2nd quarter valued at $6,391,000. Hedge funds and other institutional investors own 87.77% of the company's stock.

Stanley Black & Decker Stock Down 1.3%

Shares of NYSE:SWK opened at $96.53 on Tuesday. The stock has a market capitalization of $14.58 billion, a P/E ratio of 23.54, a price-to-earnings-growth ratio of 1.31 and a beta of 1.16. The stock's 50-day moving average price is $94.65 and its 200-day moving average price is $83.71. The company has a current ratio of 1.43, a quick ratio of 0.55 and a debt-to-equity ratio of 0.53. Stanley Black & Decker, Inc. has a 12-month low of $61.90 and a 12-month high of $104.68.

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

Stanley Black & Decker Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th will be issued a $0.84 dividend. This represents a $3.36 dividend on an annualized basis and a yield of 3.5%. This is a boost from Stanley Black & Decker's previous quarterly dividend of $0.83. The ex-dividend date is Tuesday, September 8th. Stanley Black & Decker's dividend payout ratio is currently 80.98%.

Analysts Set New Price Targets

Several brokerages recently issued reports on SWK. The Goldman Sachs Group reiterated a "neutral" rating and issued a $93.00 target price on shares of Stanley Black & Decker in a research report on Wednesday, July 29th. Weiss Ratings upgraded Stanley Black & Decker from a "hold (c)" rating to a "hold (c+)" rating in a research report on Friday, July 31st. Citigroup lifted their price target on Stanley Black & Decker from $100.00 to $107.00 and gave the stock a "buy" rating in a research note on Friday, July 31st. Wall Street Zen cut Stanley Black & Decker from a "strong-buy" rating to a "buy" rating in a report on Saturday. Finally, Morgan Stanley set a $96.00 target price on Stanley Black & Decker in a research report on Monday, August 10th. Three investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $92.25.

Stanley Black & Decker 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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