5,807 Shares in Stanley Black & Decker, Inc. $SWK Acquired by Glenview Trust Co

Glenview Trust Co purchased a new stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) in the second quarter, Holdings Channel reports. The firm purchased 5,807 shares of the industrial products company’s stock, valued at approximately $547,000.

Several other hedge funds have also recently made changes to their positions in the business. Compass Financial Management LLC bought a new position in Stanley Black & Decker in the 2nd quarter worth $31,000. Cape Investment Advisory Inc. purchased a new position in shares of Stanley Black & Decker in the 2nd quarter valued at approximately $35,000. Chapman Financial Group LLC purchased a new stake in Stanley Black & Decker in the second quarter worth $26,000. CYBER HORNET ETFs LLC purchased a new position in Stanley Black & Decker during the second quarter valued at $28,000. Finally, Motiv8 Investments LLC purchased a new stake in shares of Stanley Black & Decker in the 4th quarter worth about $31,000. 87.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Wall Street Zen downgraded shares of Stanley Black & Decker from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Weiss Ratings raised Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Wells Fargo & Company lifted their price target 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. Morgan Stanley set a $96.00 price objective on shares of Stanley Black & Decker in a report on Monday, August 10th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and issued a $93.00 price target on shares of Stanley Black & Decker in a research note on Wednesday, July 29th. Three research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $92.25.

Stanley Black & Decker Stock Performance

Shares of SWK opened at $97.86 on Friday. Stanley Black & Decker, Inc. has a 52 week low of $61.90 and a 52 week high of $104.68. The company has a quick ratio of 0.55, a current ratio of 1.43 and a debt-to-equity ratio of 0.53. The stock has a market cap of $14.78 billion, a price-to-earnings ratio of 23.87, a PEG ratio of 1.31 and a beta of 1.16. The business has a 50-day simple moving average of $94.44 and a two-hundred day simple moving average of $83.72.

Stanley Black & Decker (NYSE:SWK) last released its earnings results on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.36. The company 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 firm’s quarterly revenue was up .4% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.08 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. On average, analysts expect that Stanley Black & Decker, Inc. will post 5.57 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. Shareholders of record on Tuesday, September 8th will be issued a dividend of $0.84 per share. This is an increase from Stanley Black & Decker’s previous quarterly dividend of $0.83. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $3.36 dividend on an annualized basis and a yield of 3.4%. Stanley Black & Decker’s payout ratio is 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.