Kingsview Wealth Management LLC Buys New Shares in Stanley Black & Decker, Inc. $SWK

Kingsview Wealth Management LLC purchased a new position in shares of Stanley Black & Decker, Inc. (NYSE:SWK) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 12,364 shares of the industrial products company’s stock, valued at approximately $1,164,000.

Other large investors have also recently bought and sold shares of the company. Compass Financial Management LLC acquired a new position in shares of Stanley Black & Decker during the 2nd quarter worth approximately $31,000. Cape Investment Advisory Inc. acquired a new stake in shares of Stanley Black & Decker in the 2nd quarter valued at approximately $35,000. Chapman Financial Group LLC acquired a new position in Stanley Black & Decker during the second quarter worth $26,000. CYBER HORNET ETFs LLC bought a new stake in Stanley Black & Decker during the second quarter worth $28,000. Finally, Motiv8 Investments LLC acquired a new stake in Stanley Black & Decker in the fourth quarter valued at $31,000. 87.77% of the stock is owned by institutional investors and hedge funds.

Stanley Black & Decker Price Performance

Stanley Black & Decker stock opened at $97.86 on Friday. The company has a market capitalization 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 company has a current ratio of 1.43, a quick ratio of 0.55 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 stock’s 50 day moving average is $94.44 and its 200-day moving average is $83.72.

Stanley Black & Decker (NYSE:SWK) last released its quarterly 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. Stanley Black & Decker had a return on equity of 8.78% and a net margin of 4.07%.The business had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.97 billion. During the same period last year, the firm posted $1.08 EPS. The firm’s revenue for the quarter was up .4% compared to the same quarter last year. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Equities research analysts expect that Stanley Black & Decker, Inc. will post 5.57 EPS for the current year.

Stanley Black & Decker Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Tuesday, September 8th will be given a $0.84 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. 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 3.4%. Stanley Black & Decker’s dividend payout ratio (DPR) is presently 80.98%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Citigroup upped their target price on shares of Stanley Black & Decker from $100.00 to $107.00 and gave the company a “buy” rating in a report on Friday, July 31st. Weiss Ratings upgraded Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Wells Fargo & Company raised their price objective on Stanley Black & Decker from $80.00 to $90.00 and gave the company an “equal weight” rating in a research report on Thursday, June 18th. Wall Street Zen downgraded Stanley Black & Decker from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Finally, The Goldman Sachs Group restated 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 equities 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’s stock. According to MarketBeat.com, Stanley Black & Decker presently has a consensus rating of “Hold” and a consensus price target of $92.25.

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.