Oppenheimer Asset Management Inc. Acquires 21,972 Shares of Stanley Black & Decker, Inc. $SWK

Oppenheimer Asset Management Inc. boosted its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 50.6% in the third quarter, according to its most recent filing with the SEC. The firm owned 65,384 shares of the industrial products company’s stock after acquiring an additional 21,972 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Stanley Black & Decker were worth $4,860,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in SWK. Greenwood Capital Associates LLC boosted its position in shares of Stanley Black & Decker by 1.1% in the 3rd quarter. Greenwood Capital Associates LLC now owns 14,565 shares of the industrial products company’s stock worth $1,083,000 after purchasing an additional 159 shares during the last quarter. D.A. Davidson & CO. boosted its holdings in Stanley Black & Decker by 2.4% during the second quarter. D.A. Davidson & CO. now owns 7,324 shares of the industrial products company’s stock worth $496,000 after buying an additional 172 shares during the last quarter. Forum Financial Management LP grew its position in shares of Stanley Black & Decker by 3.7% during the 2nd quarter. Forum Financial Management LP now owns 5,009 shares of the industrial products company’s stock worth $339,000 after buying an additional 178 shares during the period. DekaBank Deutsche Girozentrale increased its stake in shares of Stanley Black & Decker by 0.7% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 25,979 shares of the industrial products company’s stock valued at $1,766,000 after acquiring an additional 192 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its stake in Stanley Black & Decker by 2.7% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 7,227 shares of the industrial products company’s stock worth $532,000 after acquiring an additional 192 shares during the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. UBS Group lowered their target price on shares of Stanley Black & Decker from $105.00 to $98.00 and set a “buy” rating for the company in a research note on Monday, January 5th. Wall Street Zen cut shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a research report on Sunday, October 19th. Citigroup lifted their target price on Stanley Black & Decker from $90.00 to $100.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Argus upgraded Stanley Black & Decker to a “hold” rating in a report on Tuesday. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $84.00 price target on shares of Stanley Black & Decker in a research report on Thursday, February 5th. Five analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Stanley Black & Decker has a consensus rating of “Hold” and a consensus price target of $87.00.

Stanley Black & Decker Price Performance

Shares of NYSE SWK opened at $90.57 on Thursday. The company has a fifty day moving average price of $79.15 and a 200 day moving average price of $74.19. The firm has a market cap of $14.03 billion, a PE ratio of 34.18, a PEG ratio of 1.29 and a beta of 1.21. The company has a current ratio of 1.14, a quick ratio of 0.35 and a debt-to-equity ratio of 0.52. Stanley Black & Decker, Inc. has a 1-year low of $53.91 and a 1-year high of $93.37.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $1.41 EPS for the quarter, beating analysts’ consensus estimates of $1.27 by $0.14. The company had revenue of $3.68 billion for the quarter, compared to analyst estimates of $3.78 billion. Stanley Black & Decker had a return on equity of 7.90% and a net margin of 2.66%.The company’s quarterly revenue was down 1.0% compared to the same quarter last year. During the same period in the previous year, the company posted $1.49 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Research analysts predict that Stanley Black & Decker, Inc. will post 5.16 earnings per share for the current fiscal year.

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.