Engineers Gate Manager LP Has $18.84 Million Stock Holdings in Stanley Black & Decker, Inc. $SWK

Engineers Gate Manager LP decreased its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 26.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 253,683 shares of the industrial products company’s stock after selling 88,916 shares during the period. Engineers Gate Manager LP’s holdings in Stanley Black & Decker were worth $18,844,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in SWK. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Stanley Black & Decker by 3.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,648 shares of the industrial products company’s stock valued at $1,203,000 after buying an additional 559 shares in the last quarter. Empowered Funds LLC raised its stake in shares of Stanley Black & Decker by 8.2% in the 1st quarter. Empowered Funds LLC now owns 4,645 shares of the industrial products company’s stock valued at $357,000 after buying an additional 353 shares in the last quarter. Focus Partners Wealth raised its stake in shares of Stanley Black & Decker by 18.8% in the 1st quarter. Focus Partners Wealth now owns 6,981 shares of the industrial products company’s stock valued at $537,000 after buying an additional 1,105 shares in the last quarter. CW Advisors LLC acquired a new position in shares of Stanley Black & Decker in the 2nd quarter valued at $249,000. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Stanley Black & Decker by 53.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 989 shares of the industrial products company’s stock valued at $67,000 after buying an additional 345 shares in the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.

Stanley Black & Decker Stock Down 2.6%

SWK opened at $82.44 on Thursday. The firm’s 50-day simple moving average is $77.11 and its 200-day simple moving average is $77.80. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.43 and a current ratio of 1.14. Stanley Black & Decker, Inc. has a twelve month low of $61.90 and a twelve month high of $93.37. The firm has a market cap of $12.82 billion, a price-to-earnings ratio of 33.79, a PEG ratio of 1.19 and a beta of 1.19.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings data 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. Stanley Black & Decker had a net margin of 2.44% and a return on equity of 7.95%. The firm had revenue of $3.85 billion for the quarter, compared to analyst estimates of $3.75 billion. During the same quarter in the prior year, the firm earned $0.75 EPS. The company’s revenue was up 2.7% 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 5.32 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. Shareholders of record on Monday, June 8th will be issued a dividend of $0.83 per share. The ex-dividend date of this dividend is Monday, June 8th. This represents a $3.32 dividend on an annualized basis and a yield of 4.0%. Stanley Black & Decker’s dividend payout ratio is currently 136.07%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on SWK. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Stanley Black & Decker in a report on Monday, April 20th. Barclays lowered their target price on shares of Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating on the stock in a report on Wednesday, April 1st. Wells Fargo & Company upped their target price on shares of Stanley Black & Decker from $75.00 to $80.00 and gave the stock an “equal weight” rating in a report on Thursday, April 30th. JPMorgan Chase & Co. upped their target price on shares of Stanley Black & Decker from $65.00 to $75.00 and gave the stock an “underweight” rating in a report on Friday, May 1st. Finally, Morgan Stanley lowered their target price on shares of Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating on the stock in a report on Thursday, May 28th. Four equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target 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.