9,357 Shares in Stanley Black & Decker, Inc. $SWK Acquired by Empowered Funds LLC

Empowered Funds LLC bought a new position in Stanley Black & Decker, Inc. (NYSE:SWK) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 9,357 shares of the industrial products company’s stock, valued at approximately $881,000.

Several other institutional investors have also recently bought and sold shares of the company. Capital Research Global Investors increased its holdings in Stanley Black & Decker by 0.7% in the 4th quarter. Capital Research Global Investors now owns 12,856,517 shares of the industrial products company’s stock valued at $954,991,000 after buying an additional 88,402 shares during the period. BlackRock Inc. bought a new position in shares of Stanley Black & Decker in the 2nd quarter valued at about $1,006,417,000. Price T Rowe Associates Inc. MD increased its position in Stanley Black & Decker by 1.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 9,898,190 shares of the industrial products company’s stock worth $735,239,000 after buying an additional 101,769 shares during the period. State Street Corp boosted its position in shares of Stanley Black & Decker by 2.3% during the 2nd quarter. State Street Corp now owns 9,423,438 shares of the industrial products company’s stock worth $638,438,000 after acquiring an additional 215,960 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Stanley Black & Decker by 1.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,976,851 shares of the industrial products company’s stock worth $353,618,000 after buying an additional 92,573 shares during the period. Institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Stock Up 0.8%

SWK stock opened at $97.24 on Friday. The firm has a 50-day moving average of $95.20 and a two-hundred day moving average of $83.92. Stanley Black & Decker, Inc. has a 12 month low of $61.90 and a 12 month high of $104.68. The company has a current ratio of 1.43, a quick ratio of 0.55 and a debt-to-equity ratio of 0.53. The company has a market cap of $14.69 billion, a price-to-earnings ratio of 23.72, a PEG ratio of 1.48 and a beta of 1.17.

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 for the quarter, beating analysts’ consensus estimates of $1.21 by $0.36. Stanley Black & Decker had a return on equity of 8.78% and a net margin of 4.07%.The business had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.97 billion. During the same period in the previous year, the firm posted $1.08 earnings per share. The company’s revenue was up .4% on a year-over-year basis. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. As a group, analysts forecast that Stanley Black & Decker, Inc. will post 5.57 earnings per share for the current fiscal year.

Stanley Black & Decker Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th will be issued a dividend of $0.84 per share. 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. This represents a $3.36 dividend on an annualized basis and a yield of 3.5%. Stanley Black & Decker’s dividend payout ratio is 80.98%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on SWK. Morgan Stanley set a $96.00 price target on Stanley Black & Decker in a report on Monday, August 10th. Wall Street Zen lowered Stanley Black & Decker from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 29th. 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 report on Thursday, June 18th. The Goldman Sachs Group restated a “neutral” rating and set a $93.00 price target on shares of Stanley Black & Decker in a report on Wednesday, July 29th. Finally, Citigroup raised their price target on Stanley Black & Decker from $100.00 to $107.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Three research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $92.25.

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.