Confluence Investment Management LLC Makes New $126.91 Million Investment in Stanley Black & Decker, Inc. $SWK

Confluence Investment Management LLC acquired a new stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) during the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 1,348,374 shares of the industrial products company’s stock, valued at approximately $126,909,000. Stanley Black & Decker comprises approximately 2.0% of Confluence Investment Management LLC’s investment portfolio, making the stock its 10th biggest holding.

Other large investors also recently bought and sold shares of the company. Cardinal Point Capital Management ULC raised its holdings in shares of Stanley Black & Decker by 2.7% in the fourth quarter. Cardinal Point Capital Management ULC now owns 4,800 shares of the industrial products company’s stock worth $357,000 after buying an additional 125 shares during the last quarter. Crossmark Global Holdings Inc. raised its stake in Stanley Black & Decker by 2.8% in the 4th quarter. Crossmark Global Holdings Inc. now owns 4,606 shares of the industrial products company’s stock worth $342,000 after acquiring an additional 126 shares during the last quarter. Boothbay Fund Management LLC grew its stake in Stanley Black & Decker by 4.0% during the 4th quarter. Boothbay Fund Management LLC now owns 3,471 shares of the industrial products company’s stock valued at $258,000 after purchasing an additional 132 shares during the last quarter. Bessemer Group Inc. increased its holdings in shares of Stanley Black & Decker by 1.5% in the first quarter. Bessemer Group Inc. now owns 9,223 shares of the industrial products company’s stock valued at $654,000 after purchasing an additional 134 shares during the period. Finally, Assetmark Inc. raised its stake in shares of Stanley Black & Decker by 19.9% in the first quarter. Assetmark Inc. now owns 880 shares of the industrial products company’s stock worth $63,000 after purchasing an additional 146 shares during the last quarter. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on SWK shares. JPMorgan Chase & Co. upped their target price on Stanley Black & Decker from $65.00 to $75.00 and gave the company an “underweight” rating in a research report on Friday, May 1st. The Goldman Sachs Group reissued a “neutral” rating and set a $93.00 price target on shares of Stanley Black & Decker in a research report on Wednesday, July 29th. Robert W. Baird set a $84.00 price objective on shares of Stanley Black & Decker in a research note on Thursday, April 30th. Wells Fargo & Company increased their price objective on shares of Stanley Black & Decker from $80.00 to $90.00 and gave the stock an “equal weight” rating in a research note on Thursday, June 18th. Finally, Weiss Ratings raised shares of Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday. Four analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $90.22.

Stanley Black & Decker Price Performance

NYSE:SWK opened at $97.98 on Tuesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.43 and a quick ratio of 0.55. The company has a 50 day moving average price of $86.93 and a 200-day moving average price of $81.30. Stanley Black & Decker, Inc. has a 1-year low of $61.90 and a 1-year high of $98.13. The firm has a market cap of $14.80 billion, a price-to-earnings ratio of 23.90, a price-to-earnings-growth ratio of 1.30 and a beta of 1.16.

Stanley Black & Decker (NYSE:SWK) last announced its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.21 by $0.36. The firm had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.97 billion. Stanley Black & Decker had a net margin of 4.07% and a return on equity of 8.78%. The firm’s quarterly revenue was up .4% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.08 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Equities research analysts forecast that Stanley Black & Decker, Inc. will post 5.43 EPS for the current year.

Stanley Black & Decker Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Tuesday, September 8th will be paid a dividend of $0.84 per share. This represents a $3.36 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend is Tuesday, September 8th. This is an increase from Stanley Black & Decker’s previous quarterly dividend of $0.83. Stanley Black & Decker’s dividend payout ratio is currently 81.95%.

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.