5,964 Shares in Stanley Black & Decker, Inc. $SWK Bought by Principle Wealth Partners LLC

Principle Wealth Partners LLC bought a new position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 5,964 shares of the industrial products company’s stock, valued at approximately $561,000.

Several other large investors also recently modified their holdings of the business. Cape Investment Advisory Inc. acquired a new stake in shares of Stanley Black & Decker during the second quarter worth about $35,000. Chapman Financial Group LLC acquired a new position in shares of Stanley Black & Decker in the 2nd quarter valued at approximately $26,000. CYBER HORNET ETFs LLC bought a new stake in Stanley Black & Decker during the 2nd quarter worth approximately $28,000. Motiv8 Investments LLC acquired a new stake in Stanley Black & Decker during the 4th quarter worth approximately $31,000. Finally, MUFG Securities EMEA plc acquired a new stake in Stanley Black & Decker during the 2nd quarter worth approximately $31,000. 87.77% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently issued reports on SWK. JPMorgan Chase & Co. increased 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. Robert W. Baird set a $84.00 price objective on shares of Stanley Black & Decker in a research report on Thursday, April 30th. Morgan Stanley set a $96.00 target price on shares of Stanley Black & Decker in a research note on Monday, August 10th. Weiss Ratings upgraded Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 31st. Finally, Wall Street Zen upgraded Stanley Black & Decker from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 1st. 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. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $92.25.

Stanley Black & Decker Price Performance

NYSE SWK opened at $99.56 on Tuesday. The company has a quick ratio of 0.55, a current ratio of 1.43 and a debt-to-equity ratio of 0.53. Stanley Black & Decker, Inc. has a 12-month low of $61.90 and a 12-month high of $104.68. The company has a market capitalization of $15.04 billion, a PE ratio of 24.28, a price-to-earnings-growth ratio of 1.38 and a beta of 1.16. The firm’s 50 day moving average is $91.61 and its 200-day moving average is $82.66.

Stanley Black & Decker (NYSE:SWK) last announced its earnings results on Wednesday, July 29th. The industrial products company reported $1.57 EPS for the quarter, topping the consensus estimate of $1.21 by $0.36. Stanley Black & Decker had a net margin of 4.07% and a return on equity of 8.78%. The business had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.97 billion. During the same quarter in the prior year, the company posted $1.08 earnings per share. The firm’s revenue was up .4% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Equities research analysts anticipate that Stanley Black & Decker, Inc. will post 5.53 earnings per share 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 issued a $0.84 dividend. This represents a $3.36 annualized dividend and a dividend yield of 3.4%. The ex-dividend date is Tuesday, September 8th. This is a positive change from Stanley Black & Decker’s previous quarterly dividend of $0.83. Stanley Black & Decker’s dividend 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.