Contravisory Investment Management Inc. Takes Position in Stanley Black & Decker, Inc. $SWK

Contravisory Investment Management Inc. acquired a new stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) in the first quarter, HoldingsChannel reports. The institutional investor acquired 12,423 shares of the industrial products company’s stock, valued at approximately $883,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SWK. Fiduciary Alliance LLC raised its stake in Stanley Black & Decker by 465.4% during the 1st quarter. Fiduciary Alliance LLC now owns 38,150 shares of the industrial products company’s stock worth $2,563,000 after acquiring an additional 31,402 shares during the period. Kestra Private Wealth Services LLC boosted its position in shares of Stanley Black & Decker by 7.4% in the first quarter. Kestra Private Wealth Services LLC now owns 2,993 shares of the industrial products company’s stock worth $213,000 after purchasing an additional 206 shares during the period. Godsey & Gibb Inc. increased its stake in shares of Stanley Black & Decker by 1.8% in the first quarter. Godsey & Gibb Inc. now owns 212,332 shares of the industrial products company’s stock worth $15,088,000 after purchasing an additional 3,659 shares in the last quarter. Cidel Asset Management Inc. bought a new stake in shares of Stanley Black & Decker during the 1st quarter valued at $215,000. Finally, Anchyra Partners LLC lifted its stake in shares of Stanley Black & Decker by 3.5% during the 1st quarter. Anchyra Partners LLC now owns 5,718 shares of the industrial products company’s stock valued at $406,000 after buying an additional 192 shares in the last quarter. Institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Stock Performance

Shares of NYSE SWK opened at $92.08 on Friday. The company has a market cap of $14.31 billion, a P/E ratio of 37.74, a P/E/G ratio of 1.25 and a beta of 1.19. Stanley Black & Decker, Inc. has a 52-week low of $61.90 and a 52-week high of $93.50. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.43 and a current ratio of 1.14. The firm’s fifty day moving average is $79.03 and its two-hundred day moving average is $78.47.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.19. Stanley Black & Decker had a return on equity of 7.95% and a net margin of 2.44%.The firm had revenue of $3.85 billion during the quarter, compared to analyst estimates of $3.75 billion. During the same quarter last year, the business posted $0.75 earnings per share. The business’s quarterly revenue was up 2.7% compared to the same quarter last year. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. As a group, analysts anticipate that Stanley Black & Decker, Inc. will post 5.35 EPS for the current fiscal year.

Stanley Black & Decker Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Monday, June 8th were paid a $0.83 dividend. The ex-dividend date of this dividend was Monday, June 8th. This represents a $3.32 dividend on an annualized basis and a yield of 3.6%. Stanley Black & Decker’s payout ratio is presently 136.07%.

Wall Street Analyst Weigh In

SWK has been the subject of several recent analyst reports. Robert W. Baird set a $84.00 target price on shares of Stanley Black & Decker in a report on Thursday, April 30th. Morgan Stanley lowered their price objective on Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating on the stock in a research report on Thursday, May 28th. Wells Fargo & Company upped their price objective on Stanley Black & Decker from $80.00 to $90.00 and gave the stock an “equal weight” rating in a research note on Thursday, June 18th. Barclays cut their target price on Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating for the company in a research report on Wednesday, April 1st. Finally, Wall Street Zen raised Stanley Black & Decker from a “hold” rating to a “buy” rating in a research note on Saturday, June 20th. Four investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $88.44.

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.