California Public Employees Retirement System Has $20.32 Million Holdings in Stanley Black & Decker, Inc. $SWK

California Public Employees Retirement System lifted its stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 5.7% in the 1st quarter, Holdings Channel reports. The fund owned 285,930 shares of the industrial products company’s stock after acquiring an additional 15,438 shares during the quarter. California Public Employees Retirement System’s holdings in Stanley Black & Decker were worth $20,318,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SWK. 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. increased its holdings in Stanley Black & Decker by 2.8% during the 4th quarter. Crossmark Global Holdings Inc. now owns 4,606 shares of the industrial products company’s stock worth $342,000 after purchasing an additional 126 shares in the last quarter. Boothbay Fund Management LLC raised its stake in shares of Stanley Black & Decker by 4.0% in 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 period. Bessemer Group Inc. lifted 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 in the last quarter. Finally, Assetmark Inc. lifted its holdings 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 valued at $63,000 after purchasing an additional 146 shares in the last quarter. 87.77% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

SWK has been the subject of a number of research reports. Wells Fargo & Company increased their price objective on Stanley Black & Decker from $80.00 to $90.00 and gave the stock an “equal weight” rating in a report on Thursday, June 18th. Wall Street Zen raised Stanley Black & Decker from a “hold” rating to a “buy” rating in a research report on Saturday, June 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Friday, July 17th. Barclays lowered their price objective 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. Finally, JPMorgan Chase & Co. boosted 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 report on Friday, May 1st. Four equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $88.44.

Stanley Black & Decker Price Performance

NYSE:SWK opened at $89.40 on Thursday. Stanley Black & Decker, Inc. has a 52-week low of $61.90 and a 52-week high of $95.16. The company has a market cap of $13.90 billion, a P/E ratio of 36.64, a P/E/G ratio of 1.23 and a beta of 1.16. 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 stock’s 50-day simple moving average is $84.07 and its 200 day simple moving average is $80.55.

Stanley Black & Decker (NYSE:SWK) last posted its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.19. The firm had revenue of $3.85 billion during the quarter, compared to the consensus estimate of $3.75 billion. Stanley Black & Decker had a return on equity of 7.95% and a net margin of 2.44%.The business’s revenue was up 2.7% compared to the same quarter last year. During the same period last year, the company earned $0.75 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. As a group, sell-side analysts forecast that Stanley Black & Decker, Inc. will post 5.35 EPS for the current fiscal year.

Stanley Black & Decker Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Monday, June 8th were paid a $0.83 dividend. The ex-dividend date of this dividend was Monday, June 8th. This represents a $3.32 annualized dividend and a dividend yield of 3.7%. Stanley Black & Decker’s dividend payout ratio (DPR) is currently 136.07%.

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.