Sunriver Management LLC Cuts Holdings in Stanley Black & Decker, Inc. $SWK

Sunriver Management LLC reduced its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 32.4% in the 1st quarter, Holdings Channel reports. The institutional investor owned 293,036 shares of the industrial products company’s stock after selling 140,637 shares during the quarter. Stanley Black & Decker accounts for about 3.5% of Sunriver Management LLC’s investment portfolio, making the stock its 17th biggest holding. Sunriver Management LLC’s holdings in Stanley Black & Decker were worth $20,823,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SWK. Chapman Financial Group LLC purchased a new position in Stanley Black & Decker in the second quarter worth $26,000. CYBER HORNET ETFs LLC purchased a new stake in shares of Stanley Black & Decker during the 2nd quarter worth $28,000. Motiv8 Investments LLC acquired a new position in shares of Stanley Black & Decker during the 4th quarter worth $31,000. MUFG Securities EMEA plc purchased a new position in shares of Stanley Black & Decker in the 2nd quarter valued at about $31,000. Finally, Parkside Financial Bank & Trust increased its holdings in shares of Stanley Black & Decker by 96.6% in the 4th quarter. Parkside Financial Bank & Trust now owns 466 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 229 shares in the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.

Stanley Black & Decker Price Performance

Shares of NYSE SWK opened at $91.22 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’s 50-day moving average price is $84.59 and its 200 day moving average price is $80.70. Stanley Black & Decker, Inc. has a 52 week low of $61.90 and a 52 week high of $95.16. The stock has a market cap of $14.18 billion, a price-to-earnings ratio of 37.39, a PEG ratio of 1.22 and a beta of 1.16.

Stanley Black & Decker (NYSE:SWK) last announced its earnings results on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.19. The company had revenue of $3.85 billion during the quarter, compared to analysts’ expectations of $3.75 billion. Stanley Black & Decker had a net margin of 2.44% and a return on equity of 7.95%. The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.75 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. As a group, research analysts forecast that Stanley Black & Decker, Inc. will post 5.35 earnings per share for the current fiscal year.

Stanley Black & Decker Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th will be paid a $0.84 dividend. This represents a $3.36 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Tuesday, September 8th. This is an increase from Stanley Black & Decker’s previous quarterly dividend of $0.83. Stanley Black & Decker’s dividend payout ratio is currently 136.07%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Stanley Black & Decker from $65.00 to $75.00 and gave the stock an “underweight” rating in a report on Friday, May 1st. Morgan Stanley dropped their target price on shares of Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating for the company in a report on Thursday, May 28th. Wall Street Zen raised Stanley Black & Decker from a “hold” rating to a “buy” rating in a research note on Saturday, June 20th. Weiss Ratings restated a “hold (c)” rating on shares of Stanley Black & Decker in a report on Friday, July 17th. Finally, Robert W. Baird set a $84.00 price objective on Stanley Black & Decker in a research note on Thursday, April 30th. Four research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Stanley Black & Decker currently has an average rating of “Hold” and an average price target of $88.44.

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.