Quantinno Capital Management LP Acquires 61,376 Shares of Stanley Black & Decker, Inc. $SWK

Quantinno Capital Management LP grew its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 33.0% during the 1st quarter, HoldingsChannel.com reports. The firm owned 247,135 shares of the industrial products company’s stock after buying an additional 61,376 shares during the quarter. Quantinno Capital Management LP’s holdings in Stanley Black & Decker were worth $17,561,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Stanley Black & Decker by 3.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,648 shares of the industrial products company’s stock valued at $1,203,000 after buying an additional 559 shares in the last quarter. Empowered Funds LLC lifted its position in shares of Stanley Black & Decker by 8.2% during the first quarter. Empowered Funds LLC now owns 4,645 shares of the industrial products company’s stock worth $357,000 after acquiring an additional 353 shares in the last quarter. Focus Partners Wealth boosted its holdings in shares of Stanley Black & Decker by 18.8% in the first quarter. Focus Partners Wealth now owns 6,981 shares of the industrial products company’s stock worth $537,000 after acquiring an additional 1,105 shares during the period. CW Advisors LLC purchased a new position in shares of Stanley Black & Decker in the second quarter valued at $249,000. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Stanley Black & Decker by 53.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 989 shares of the industrial products company’s stock valued at $67,000 after purchasing an additional 345 shares during the period. 87.77% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

SWK has been the subject of several analyst reports. Morgan Stanley cut their target price on Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating for the company in a research note on Thursday, May 28th. JPMorgan Chase & Co. increased their price target 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. The Goldman Sachs Group restated a “neutral” rating and issued a $93.00 price objective on shares of Stanley Black & Decker in a research report on Wednesday. Citigroup upped their target price on shares of Stanley Black & Decker from $100.00 to $107.00 and gave the stock a “buy” rating in a report on Friday. Finally, Robert W. Baird set a $84.00 target price on shares of 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $90.22.

Stanley Black & Decker Price Performance

Shares of NYSE SWK opened at $94.60 on Monday. The stock’s 50-day simple moving average is $86.50 and its two-hundred day simple moving average is $81.19. Stanley Black & Decker, Inc. has a twelve month low of $61.90 and a twelve month high of $96.04. The firm has a market capitalization of $14.29 billion, a P/E ratio of 23.07, a P/E/G ratio of 1.30 and a beta of 1.16. The company has a quick ratio of 0.55, a current ratio of 1.43 and a debt-to-equity ratio of 0.53.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.21 by $0.36. Stanley Black & Decker had a return on equity of 8.78% and a net margin of 4.07%.The firm had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.97 billion. During the same quarter last year, the company posted $1.08 EPS. The company’s revenue for the quarter was up .4% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. As a group, equities analysts anticipate that Stanley Black & Decker, Inc. will post 5.43 EPS 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. Stockholders of record on Tuesday, September 8th will be issued a $0.84 dividend. This represents a $3.36 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend is Tuesday, September 8th. This is a positive change from Stanley Black & Decker’s previous quarterly dividend of $0.83. Stanley Black & Decker’s payout ratio is currently 80.98%.

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.