Cibc World Market Inc. Makes New Investment in Stanley Black & Decker, Inc. $SWK

Cibc World Market Inc. acquired a new stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) during the 2nd quarter, Holdings Channel reports. The firm acquired 18,772 shares of the industrial products company’s stock, valued at approximately $1,767,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Sanctuary Advisors LLC bought a new stake in Stanley Black & Decker in the 2nd quarter valued at about $1,127,000. Meiji Yasuda Asset Management Co Ltd. acquired a new position in Stanley Black & Decker during the 2nd quarter worth approximately $11,521,000. Kiltearn Partners LLP bought a new position in Stanley Black & Decker in the second quarter worth approximately $11,468,000. Bank of Nova Scotia acquired a new stake in Stanley Black & Decker in the second quarter valued at approximately $447,000. Finally, Compass Financial Management LLC bought a new stake in shares of Stanley Black & Decker during the second quarter valued at approximately $31,000. Institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Trading Down 0.5%

NYSE SWK opened at $99.31 on Friday. The company has a current ratio of 1.43, a quick ratio of 0.55 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $15.00 billion, a P/E ratio of 24.22, a PEG ratio of 1.34 and a beta of 1.16. Stanley Black & Decker, Inc. has a 12 month low of $61.90 and a 12 month high of $104.68. The business has a fifty day simple moving average of $94.22 and a 200 day simple moving average of $83.62.

Stanley Black & Decker (NYSE:SWK) last announced its earnings results on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share for the quarter, topping analysts’ consensus estimates of $1.21 by $0.36. The firm had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.97 billion. Stanley Black & Decker had a return on equity of 8.78% and a net margin of 4.07%.The company’s 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 5.57 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. Investors of record on Tuesday, September 8th will be given a dividend of $0.84 per share. The ex-dividend date is Tuesday, September 8th. This is an increase from Stanley Black & Decker’s previous quarterly dividend of $0.83. This represents a $3.36 annualized dividend and a yield of 3.4%. Stanley Black & Decker’s dividend payout ratio (DPR) is currently 80.98%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Citigroup upped their target price on Stanley Black & Decker from $100.00 to $107.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. JPMorgan Chase & Co. boosted their price target on shares of Stanley Black & Decker from $65.00 to $75.00 and gave the company an “underweight” rating in a research note on Friday, May 1st. Weiss Ratings upgraded shares of Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 31st. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $93.00 price objective on shares of Stanley Black & Decker in a research note on Wednesday, July 29th. Finally, Wells Fargo & Company boosted their target price 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. Three research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $92.25.

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.