Sei Investments Co. Has $18.88 Million Holdings in Stanley Black & Decker, Inc. $SWK

Sei Investments Co. grew its position in Stanley Black & Decker, Inc. (NYSE:SWKFree Report) by 54.3% in the first quarter, according to its most recent filing with the SEC. The fund owned 265,676 shares of the industrial products company’s stock after acquiring an additional 93,548 shares during the period. Sei Investments Co.’s holdings in Stanley Black & Decker were worth $18,879,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Lido Advisors LLC acquired a new position in Stanley Black & Decker in the 1st quarter worth about $213,000. State of Wyoming bought a new stake in shares of Stanley Black & Decker during the first quarter worth about $473,000. Cetera Investment Advisers increased its stake in shares of Stanley Black & Decker by 30.4% in the first quarter. Cetera Investment Advisers now owns 75,389 shares of the industrial products company’s stock valued at $5,357,000 after buying an additional 17,592 shares during the period. Icon Advisers Inc. Co. raised its holdings in Stanley Black & Decker by 90.8% in the 1st quarter. Icon Advisers Inc. Co. now owns 64,550 shares of the industrial products company’s stock valued at $4,587,000 after buying an additional 30,710 shares during the last quarter. Finally, First Citizens Bank & Trust Co. acquired a new stake in Stanley Black & Decker during the 1st quarter worth approximately $2,822,000. Institutional investors own 87.77% of the company’s stock.

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Analysts Set New Price Targets

Several equities analysts have issued reports on SWK shares. The Goldman Sachs Group restated a “neutral” rating and issued a $93.00 price target on shares of Stanley Black & Decker in a research report on Wednesday. Barclays reduced their price target on Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 1st. Morgan Stanley decreased their price objective on shares of Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating for the company in a research report on Thursday, May 28th. Robert W. Baird set a $84.00 price objective on shares of Stanley Black & Decker in a research note on Thursday, April 30th. Finally, Wall Street Zen raised Stanley Black & Decker from a “hold” rating to a “buy” rating in a research note on Saturday, June 20th. Four analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Stanley Black & Decker has a consensus rating of “Hold” and an average target price of $89.44.

Read Our Latest Report on SWK

Stanley Black & Decker Stock Performance

Shares of Stanley Black & Decker stock opened at $93.08 on Thursday. Stanley Black & Decker, Inc. has a 52 week low of $61.90 and a 52 week high of $96.04. The company has a quick ratio of 0.43, a current ratio of 1.14 and a debt-to-equity ratio of 0.52. The business has a 50 day moving average price of $85.74 and a 200-day moving average price of $81.01. The company has a market cap of $14.47 billion, a PE ratio of 38.15, a price-to-earnings-growth ratio of 1.32 and a beta of 1.16.

Stanley Black & Decker (NYSE:SWKGet Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.36. The business had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.97 billion. Stanley Black & Decker had a return on equity of 7.95% and a net margin of 2.44%.Stanley Black & Decker’s revenue was up .4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.08 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Equities analysts anticipate that Stanley Black & Decker, Inc. will post 5.35 earnings per share for the current fiscal year.

Stanley Black & Decker Increases Dividend

The company also recently declared 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. This represents a $3.36 annualized dividend and a yield of 3.6%. 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 presently 136.07%.

Stanley Black & Decker Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Stanley Black & Decker (NYSE:SWK)

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