Stoneridge Investment Partners LLC Invests $637,000 in Stanley Black & Decker, Inc. $SWK

Stoneridge Investment Partners LLC acquired a new stake in Stanley Black & Decker, Inc. (NYSE:SWK) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 6,739 shares of the industrial products company’s stock, valued at approximately $637,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SWK. Cape Investment Advisory Inc. acquired a new position in Stanley Black & Decker during the 2nd quarter worth $35,000. Chapman Financial Group LLC acquired a new stake in Stanley Black & Decker in the 2nd quarter valued at about $26,000. CYBER HORNET ETFs LLC purchased a new position in shares of Stanley Black & Decker in the 2nd quarter valued at about $28,000. Motiv8 Investments LLC purchased a new position in shares of Stanley Black & Decker in the 4th quarter valued at about $31,000. Finally, MUFG Securities EMEA plc acquired a new position in shares of Stanley Black & Decker during the second quarter worth about $31,000. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

Stanley Black & Decker Trading Down 0.3%

SWK opened at $101.95 on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.55 and a current ratio of 1.43. 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 $15.40 billion, a P/E ratio of 24.87, a PEG ratio of 1.38 and a beta of 1.16. The business’s 50-day simple moving average is $91.20 and its 200-day simple moving average is $82.52.

Stanley Black & Decker (NYSE:SWK) last posted its earnings results on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.36. The firm had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.97 billion. Stanley Black & Decker had a return on equity of 8.78% and a net margin of 4.07%.The firm’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 earnings per share. 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 5.53 EPS for the current fiscal year.

Stanley Black & Decker Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders 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 represents a $3.36 annualized dividend and a dividend yield of 3.3%. This is a boost from Stanley Black & Decker’s previous quarterly dividend of $0.83. Stanley Black & Decker’s payout ratio is presently 81.95%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on SWK. Morgan Stanley set a $96.00 target price on shares of Stanley Black & Decker in a report on Monday, August 10th. Robert W. Baird set a $84.00 price target on shares of Stanley Black & Decker in a report on Thursday, April 30th. Weiss Ratings raised shares of Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. Wall Street Zen upgraded shares of Stanley Black & Decker from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 1st. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Stanley Black & Decker from $65.00 to $75.00 and gave the stock an “underweight” rating in a research report on Friday, May 1st. Four analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Stanley Black & Decker presently has a consensus rating of “Hold” and a consensus price target of $91.56.

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.