Kinloch Capital LLC Makes New $5.16 Million Investment in Stanley Black & Decker, Inc. $SWK

Kinloch Capital LLC purchased a new position in Stanley Black & Decker, Inc. (NYSE:SWK) in the second quarter, Holdings Channel reports. The institutional investor purchased 54,772 shares of the industrial products company’s stock, valued at approximately $5,155,000. Stanley Black & Decker comprises 1.9% of Kinloch Capital LLC’s investment portfolio, making the stock its 14th largest holding.

Other hedge funds also recently made changes to their positions in the company. Chapman Financial Group LLC bought a new stake in shares of Stanley Black & Decker during the 2nd quarter valued at $26,000. CYBER HORNET ETFs LLC bought a new position in Stanley Black & Decker in the 2nd quarter worth about $28,000. Kovack Advisors Inc. purchased a new position in Stanley Black & Decker during the 4th quarter valued at about $28,000. Motiv8 Investments LLC purchased a new position in Stanley Black & Decker during the 4th quarter valued at about $31,000. Finally, Compass Financial Management LLC bought a new stake in shares of Stanley Black & Decker during the second quarter valued at about $31,000. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

Stanley Black & Decker Price Performance

SWK opened at $98.57 on Tuesday. The stock has a market capitalization of $14.89 billion, a P/E ratio of 24.04, a PEG ratio of 1.34 and a beta of 1.16. The stock has a 50-day moving average price of $93.34 and a 200-day moving average price of $83.35. 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) last issued its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $1.57 EPS for the quarter, beating analysts’ consensus estimates of $1.21 by $0.36. Stanley Black & Decker had a net margin of 4.07% and a return on equity of 8.78%. The business had revenue of $3.96 billion for the quarter, compared to analysts’ expectations of $3.97 billion. During the same period last year, the business earned $1.08 earnings per share. The business’s quarterly revenue was up .4% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Equities analysts predict that Stanley Black & Decker, Inc. will post 5.57 earnings per share for the current fiscal year.

Stanley Black & Decker Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th will be given a dividend of $0.84 per share. This represents a $3.36 annualized dividend and a yield of 3.4%. The ex-dividend date is Tuesday, September 8th. This is a positive change from Stanley Black & Decker’s previous quarterly dividend of $0.83. Stanley Black & Decker’s dividend payout ratio is 81.95%.

Analyst Ratings Changes

A number of research firms have recently commented on SWK. Citigroup raised their price objective on shares of Stanley Black & Decker from $100.00 to $107.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Weiss Ratings raised shares of Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 31st. 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. raised their price target on shares of Stanley Black & Decker from $65.00 to $75.00 and gave the company an “underweight” rating in a report on Friday, May 1st. Finally, Robert W. Baird set a $84.00 price target on shares of Stanley Black & Decker in a research report on Thursday, April 30th. 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 a consensus rating of “Hold” and a consensus target price of $92.25.

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.