Wilsey Asset Management Inc. Boosts Stake in Stanley Black & Decker, Inc. $SWK

Wilsey Asset Management Inc. lifted its holdings in Stanley Black & Decker, Inc. (NYSE:SWK) by 1.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 541,721 shares of the industrial products company’s stock after acquiring an additional 8,198 shares during the period. Stanley Black & Decker accounts for about 7.5% of Wilsey Asset Management Inc.’s portfolio, making the stock its biggest holding. Wilsey Asset Management Inc. owned approximately 0.35% of Stanley Black & Decker worth $50,987,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cardinal Point Capital Management ULC boosted its stake in Stanley Black & Decker by 2.7% in the 4th quarter. Cardinal Point Capital Management ULC now owns 4,800 shares of the industrial products company’s stock worth $357,000 after purchasing an additional 125 shares during the period. Crossmark Global Holdings Inc. lifted its holdings in shares of Stanley Black & Decker by 2.8% in the fourth quarter. Crossmark Global Holdings Inc. now owns 4,606 shares of the industrial products company’s stock worth $342,000 after buying an additional 126 shares in the last quarter. Boothbay Fund Management LLC boosted its position in shares of Stanley Black & Decker by 4.0% during 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 last quarter. Bessemer Group Inc. grew its stake in Stanley Black & Decker by 1.5% during the first quarter. Bessemer Group Inc. now owns 9,223 shares of the industrial products company’s stock valued at $654,000 after acquiring an additional 134 shares in the last quarter. Finally, Assetmark Inc. increased its holdings in Stanley Black & Decker by 19.9% in the 1st quarter. Assetmark Inc. now owns 880 shares of the industrial products company’s stock valued at $63,000 after acquiring an additional 146 shares during the last quarter. Institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Trading Down 2.3%

SWK opened at $100.91 on Friday. The stock has a 50-day moving average of $88.31 and a 200 day moving average of $81.68. 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 $104.29. The firm has a market cap of $15.24 billion, a P/E ratio of 24.61, a P/E/G ratio of 1.41 and a beta of 1.16.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $1.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.21 by $0.36. The business had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.97 billion. Stanley Black & Decker had a return on equity of 8.78% and a net margin of 4.07%.The company’s quarterly revenue was up .4% compared to the same quarter last year. During the same period in the prior year, the business posted $1.08 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. As a group, research analysts forecast that Stanley Black & Decker, Inc. will post 5.48 EPS for the current year.

Stanley Black & Decker Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th will be given a $0.84 dividend. 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 yield of 3.3%. The ex-dividend date is Tuesday, September 8th. Stanley Black & Decker’s dividend payout ratio is 81.95%.

Analyst Ratings Changes

Several research analysts have commented on SWK shares. Weiss Ratings raised shares of Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 31st. JPMorgan Chase & Co. boosted their target price on Stanley Black & Decker from $65.00 to $75.00 and gave the stock an “underweight” rating in a research report on Friday, May 1st. Wells Fargo & Company increased their price target on Stanley Black & Decker from $80.00 to $90.00 and gave the company an “equal weight” rating in a research note on Thursday, June 18th. Morgan Stanley reduced their price objective on Stanley Black & Decker from $87.00 to $84.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 28th. Finally, Wall Street Zen upgraded Stanley Black & Decker from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 1st. Four research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $90.22.

About Stanley Black & Decker

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.