Benjamin Edwards Inc. Makes New Investment in Stanley Black & Decker, Inc. $SWK

Benjamin Edwards Inc. purchased a new stake in Stanley Black & Decker, Inc. (NYSE:SWK) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 11,842 shares of the industrial products company’s stock, valued at approximately $1,115,000.

Several other large investors also recently modified their holdings of the stock. Cardinal Point Capital Management ULC increased its stake in shares of Stanley Black & Decker by 2.7% in the 4th quarter. Cardinal Point Capital Management ULC now owns 4,800 shares of the industrial products company’s stock valued at $357,000 after acquiring an additional 125 shares in the last quarter. Crossmark Global Holdings Inc. boosted its stake in Stanley Black & Decker by 2.8% during the fourth quarter. Crossmark Global Holdings Inc. now owns 4,606 shares of the industrial products company’s stock worth $342,000 after acquiring an additional 126 shares in the last quarter. Boothbay Fund Management LLC grew its holdings in Stanley Black & Decker by 4.0% in the fourth quarter. Boothbay Fund Management LLC now owns 3,471 shares of the industrial products company’s stock worth $258,000 after purchasing an additional 132 shares during the period. Bessemer Group Inc. grew its holdings in Stanley Black & Decker by 1.5% in the first quarter. Bessemer Group Inc. now owns 9,223 shares of the industrial products company’s stock worth $654,000 after purchasing an additional 134 shares during the period. Finally, Assetmark Inc. increased its stake in Stanley Black & Decker by 19.9% in the first quarter. Assetmark Inc. now owns 880 shares of the industrial products company’s stock valued at $63,000 after purchasing an additional 146 shares in the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on SWK shares. The Goldman Sachs Group reissued a “neutral” rating and set a $93.00 price objective on shares of Stanley Black & Decker in a research report on Wednesday, July 29th. Weiss Ratings raised Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Wall Street Zen cut Stanley Black & Decker from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Morgan Stanley set a $96.00 price objective on Stanley Black & Decker in a report on Monday, August 10th. Finally, Wells Fargo & Company increased their target price on Stanley Black & Decker from $80.00 to $90.00 and gave the stock an “equal weight” rating in a report on Thursday, June 18th. Three 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, the stock has an average rating of “Hold” and an average target price of $92.25.

Stanley Black & Decker Trading Down 1.8%

NYSE:SWK opened at $94.59 on Wednesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.43 and a quick ratio of 0.55. Stanley Black & Decker, Inc. has a one year low of $61.90 and a one year high of $104.68. The company has a market cap of $14.28 billion, a PE ratio of 23.07, a PEG ratio of 1.48 and a beta of 1.17. The firm has a 50-day moving average of $94.86 and a 200-day moving average of $83.74.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.36. The business had revenue of $3.96 billion for the quarter, compared to analysts’ expectations 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 revenue for the quarter was up .4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.08 EPS. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. As a group, equities research analysts expect that Stanley Black & Decker, Inc. will post 5.57 EPS 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. Stockholders 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 dividend yield of 3.6%. The ex-dividend date is Tuesday, September 8th. Stanley Black & Decker’s dividend payout ratio is 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.