Concentric Capital Strategies LP Invests $9.12 Million in Stanley Black & Decker, Inc. $SWK

Concentric Capital Strategies LP acquired a new position in Stanley Black & Decker, Inc. (NYSE:SWK) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 122,836 shares of the industrial products company’s stock, valued at approximately $9,124,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. Banco Bilbao Vizcaya Argentaria S.A. lifted its stake in Stanley Black & Decker by 0.9% in the fourth quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 44,579 shares of the industrial products company’s stock worth $3,314,000 after acquiring an additional 386 shares during the period. Boothbay Fund Management LLC lifted its stake in Stanley Black & Decker by 4.0% in the fourth quarter. Boothbay Fund Management LLC now owns 3,471 shares of the industrial products company’s stock worth $258,000 after acquiring an additional 132 shares during the period. Armistice Capital LLC purchased a new stake in Stanley Black & Decker in the fourth quarter worth about $298,000. Schonfeld Strategic Advisors LLC lifted its stake in Stanley Black & Decker by 667.5% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 62,586 shares of the industrial products company’s stock worth $4,649,000 after acquiring an additional 54,431 shares during the period. Finally, AQR Capital Management LLC lifted its stake in Stanley Black & Decker by 49.4% in the fourth quarter. AQR Capital Management LLC now owns 509,631 shares of the industrial products company’s stock worth $37,855,000 after acquiring an additional 168,480 shares during the period. 87.77% of the stock is owned by hedge funds and other institutional investors.

Stanley Black & Decker Stock Performance

Shares of Stanley Black & Decker stock opened at $82.44 on Thursday. The company has a market capitalization of $12.82 billion, a PE ratio of 33.79, a P/E/G ratio of 1.19 and a beta of 1.19. 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 company has a 50-day simple moving average of $77.11 and a two-hundred day simple moving average of $77.80. Stanley Black & Decker, Inc. has a one year low of $61.90 and a one year high of $93.37.

Stanley Black & Decker (NYSE:SWK) last announced its earnings results on Wednesday, April 29th. The industrial products company reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.19. The business had revenue of $3.85 billion during the quarter, compared to the consensus estimate of $3.75 billion. Stanley Black & Decker had a net margin of 2.44% and a return on equity of 7.95%. The firm’s revenue was up 2.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.75 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Research analysts expect that Stanley Black & Decker, Inc. will post 5.32 EPS for the current fiscal year.

Stanley Black & Decker Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 23rd. Stockholders of record on Monday, June 8th will be issued a dividend of $0.83 per share. The ex-dividend date is Monday, June 8th. This represents a $3.32 annualized dividend and a dividend yield of 4.0%. Stanley Black & Decker’s dividend payout ratio is 136.07%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on SWK shares. Barclays lowered their price objective on shares of Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating for the company in a research note on Wednesday, April 1st. JPMorgan Chase & Co. upped 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 note on Friday, May 1st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Monday, April 20th. Morgan Stanley lowered their price objective on shares of Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating for the company in a research note on Thursday, May 28th. Finally, Wall Street Zen downgraded shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Four analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $87.33.

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.