City Center Advisors LLC Buys New Shares in Stanley Black & Decker, Inc. $SWK

City Center Advisors LLC purchased a new stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) during the 2nd quarter, Holdings Channel reports. The institutional investor purchased 5,260 shares of the industrial products company’s stock, valued at approximately $495,000.

Other institutional investors and hedge funds have also modified their holdings of the company. RDA Financial Network bought a new position in Stanley Black & Decker in the second quarter worth $211,000. Versant Capital Management Inc lifted its holdings in shares of Stanley Black & Decker by 47.3% during the 2nd quarter. Versant Capital Management Inc now owns 968 shares of the industrial products company’s stock worth $91,000 after acquiring an additional 311 shares during the period. CX Institutional boosted its position in shares of Stanley Black & Decker by 7.1% during the 2nd quarter. CX Institutional now owns 2,956 shares of the industrial products company’s stock valued at $278,000 after acquiring an additional 196 shares in the last quarter. Confluence Investment Management LLC bought a new position in Stanley Black & Decker during the second quarter worth about $126,909,000. Finally, Optiver Holding B.V. boosted its holdings in Stanley Black & Decker by 466.5% during the first quarter. Optiver Holding B.V. now owns 1,065 shares of the industrial products company’s stock valued at $76,000 after purchasing an additional 877 shares in the last quarter. 87.77% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on SWK shares. Wells Fargo & Company raised their target price on 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. Wall Street Zen upgraded shares of Stanley Black & Decker from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Robert W. Baird set a $84.00 price target on shares of Stanley Black & Decker in a report on Thursday, April 30th. Morgan Stanley decreased their price objective on shares of 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. Finally, Weiss Ratings raised Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday. Four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Stanley Black & Decker presently has a consensus rating of “Hold” and an average price target of $90.22.

Stanley Black & Decker Trading Up 4.3%

Shares of NYSE SWK opened at $102.34 on Wednesday. Stanley Black & Decker, Inc. has a fifty-two week low of $61.90 and a fifty-two week high of $102.53. The firm has a market capitalization of $15.46 billion, a P/E ratio of 24.96, a P/E/G ratio of 1.35 and a beta of 1.16. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.43 and a quick ratio of 0.55. The company’s 50 day simple moving average is $87.40 and its 200 day simple moving average is $81.43.

Stanley Black & Decker (NYSE:SWK) last released its earnings results on Wednesday, July 29th. The industrial products company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.21 by $0.36. The firm had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.97 billion. Stanley Black & Decker had a net margin of 4.07% and a return on equity of 8.78%. The business’s quarterly revenue was up .4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.08 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, analysts predict that Stanley Black & Decker, Inc. will post 5.45 EPS for the current year.

Stanley Black & Decker Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th will be issued a $0.84 dividend. This is a boost from Stanley Black & Decker’s previous quarterly dividend of $0.83. This represents a $3.36 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date is Tuesday, September 8th. Stanley Black & Decker’s dividend payout ratio is currently 80.98%.

Stanley Black & Decker 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.