Grey Ledge Advisors LLC Increases Stake in Stanley Black & Decker, Inc. $SWK

Grey Ledge Advisors LLC lifted its position in Stanley Black & Decker, Inc. (NYSE:SWK) by 64.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,302 shares of the industrial products company’s stock after acquiring an additional 6,366 shares during the quarter. Grey Ledge Advisors LLC’s holdings in Stanley Black & Decker were worth $1,158,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SWK. Chapman Financial Group LLC purchased a new position in Stanley Black & Decker during the 2nd quarter valued at about $26,000. GoalVest Advisory LLC purchased a new stake in shares of Stanley Black & Decker during the fourth quarter valued at $26,000. CYBER HORNET ETFs LLC acquired a new position in shares of Stanley Black & Decker in the 2nd quarter valued at $28,000. Kovack Advisors Inc. purchased a new position in Stanley Black & Decker in the 4th quarter worth $28,000. Finally, MUFG Securities EMEA plc purchased a new position in Stanley Black & Decker in the 2nd quarter worth $31,000. 87.77% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

SWK has been the topic of several research analyst reports. Morgan Stanley dropped their price target on Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 28th. Wall Street Zen raised Stanley Black & Decker from a “hold” rating to a “buy” rating in a report on Saturday, June 20th. JPMorgan Chase & Co. upped their target price on Stanley Black & Decker from $65.00 to $75.00 and gave the company an “underweight” rating in a research report on Friday, May 1st. Wells Fargo & Company raised their price target on shares of Stanley Black & Decker from $80.00 to $90.00 and gave the stock an “equal weight” rating in a research report on Thursday, June 18th. Finally, Robert W. Baird set a $84.00 price objective on shares of Stanley Black & Decker in a report on Thursday, April 30th. Four investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $88.44.

Stanley Black & Decker Stock Up 2.7%

Shares of NYSE SWK opened at $92.08 on Friday. The company has a current ratio of 1.14, a quick ratio of 0.43 and a debt-to-equity ratio of 0.52. The company has a 50-day moving average of $79.03 and a 200 day moving average of $78.47. Stanley Black & Decker, Inc. has a 12-month low of $61.90 and a 12-month high of $93.50. The stock has a market cap of $14.31 billion, a PE ratio of 37.74, a P/E/G ratio of 1.25 and a beta of 1.19.

Stanley Black & Decker (NYSE:SWK) last posted 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 business had revenue of $3.85 billion during the quarter, compared to analyst estimates of $3.75 billion. Stanley Black & Decker had a return on equity of 7.95% and a net margin of 2.44%.The business’s revenue was up 2.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.75 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. As a group, sell-side analysts predict that Stanley Black & Decker, Inc. will post 5.35 EPS for the current fiscal year.

Stanley Black & Decker Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Monday, June 8th were given a $0.83 dividend. The ex-dividend date of this dividend was Monday, June 8th. This represents a $3.32 dividend on an annualized basis and a yield of 3.6%. Stanley Black & Decker’s dividend payout ratio (DPR) is currently 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.