Equitable Trust Co. Makes New Investment in Stanley Black & Decker, Inc. $SWK

Equitable Trust Co. purchased a new stake in Stanley Black & Decker, Inc. (NYSE:SWK) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 6,510 shares of the industrial products company’s stock, valued at approximately $463,000.

Several other large investors have also modified their holdings of SWK. GoalVest Advisory LLC acquired a new stake in shares of Stanley Black & Decker in the fourth quarter worth approximately $26,000. Chapman Financial Group LLC acquired a new position in Stanley Black & Decker during the second quarter worth approximately $26,000. CYBER HORNET ETFs LLC purchased a new position in Stanley Black & Decker during the second quarter worth approximately $28,000. Motiv8 Investments LLC purchased a new position in Stanley Black & Decker during the fourth quarter worth approximately $31,000. Finally, MUFG Securities EMEA plc acquired a new position in shares of Stanley Black & Decker in the 2nd quarter valued at $31,000. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on SWK shares. Robert W. Baird set a $84.00 price objective on Stanley Black & Decker in a report on Thursday, April 30th. Barclays reduced their target price on Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating on the stock in a report on Wednesday, April 1st. Wells Fargo & Company upped their price target on Stanley Black & Decker from $80.00 to $90.00 and gave the stock an “equal weight” rating in a research note on Thursday, June 18th. Wall Street Zen upgraded Stanley Black & Decker from a “hold” rating to a “buy” rating in a report on Saturday, June 20th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Monday, April 20th. Four research 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. Based on data from MarketBeat.com, Stanley Black & Decker has an average rating of “Hold” and an average price target of $88.44.

Stanley Black & Decker Trading Up 1.6%

Shares of SWK stock traded up $1.42 during mid-day trading on Friday, reaching $88.23. The company’s stock had a trading volume of 1,070,674 shares, compared to its average volume of 1,606,216. The company’s 50 day simple moving average is $82.57 and its 200-day simple moving average is $79.75. Stanley Black & Decker, Inc. has a 12-month low of $61.90 and a 12-month high of $95.16. 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 firm has a market capitalization of $13.72 billion, a PE ratio of 36.16, a price-to-earnings-growth ratio of 1.23 and a beta of 1.16.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.19. Stanley Black & Decker had a net margin of 2.44% and a return on equity of 7.95%. The firm had revenue of $3.85 billion during the quarter, compared to analysts’ expectations of $3.75 billion. During the same period in the prior year, the company earned $0.75 EPS. The firm’s revenue was up 2.7% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, research 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 announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders 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 annualized dividend and a dividend yield of 3.8%. Stanley Black & Decker’s dividend payout ratio is presently 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.