Stanley Black & Decker, Inc. $SWK Shares Acquired by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC boosted its stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 69.3% in the second quarter, HoldingsChannel reports. The firm owned 19,608 shares of the industrial products company’s stock after purchasing an additional 8,023 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Stanley Black & Decker were worth $1,846,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently made changes to their positions in the company. Bessemer Group Inc. raised its holdings in shares of 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 buying an additional 134 shares during the last quarter. Assetmark Inc. increased its position 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 period. Anchyra Partners LLC raised its stake in Stanley Black & Decker by 3.5% during the 1st quarter. Anchyra Partners LLC now owns 5,718 shares of the industrial products company’s stock valued at $406,000 after acquiring an additional 192 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its stake in Stanley Black & Decker by 12.4% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,772 shares of the industrial products company’s stock valued at $132,000 after acquiring an additional 195 shares in the last quarter. Finally, CX Institutional boosted its position in Stanley Black & Decker by 7.1% during the 2nd quarter. CX Institutional now owns 2,956 shares of the industrial products company’s stock worth $278,000 after acquiring an additional 196 shares during the period. Institutional investors and hedge funds own 87.77% of the company’s stock.

Stanley Black & Decker Price Performance

SWK opened at $88.62 on Wednesday. The stock has a fifty day moving average of $95.07 and a 200-day moving average of $83.97. The firm has a market capitalization of $13.38 billion, a P/E ratio of 21.61, a PEG ratio of 1.37 and a beta of 1.17. The company has a quick ratio of 0.55, a current ratio of 1.43 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 $104.68.

Stanley Black & Decker (NYSE:SWK) last posted 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. Stanley Black & Decker had a net margin of 4.07% and a return on equity of 8.78%. The business had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.97 billion. During the same period in the prior year, the firm earned $1.08 earnings per share. The firm’s revenue was up .4% compared to the same quarter last year. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Equities analysts forecast that Stanley Black & Decker, Inc. will post 5.57 EPS for the current fiscal year.

Stanley Black & Decker Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Tuesday, September 8th will be issued a dividend of $0.84 per share. The ex-dividend date is Tuesday, September 8th. This represents a $3.36 annualized dividend and a dividend yield of 3.8%. This is an increase from Stanley Black & Decker’s previous quarterly dividend of $0.83. Stanley Black & Decker’s dividend payout ratio is presently 81.95%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Morgan Stanley set a $96.00 price target on Stanley Black & Decker in a report on Monday, August 10th. Citigroup raised their price objective on shares of Stanley Black & Decker from $100.00 to $107.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Wall Street Zen raised Stanley Black & Decker from a “buy” rating to a “strong-buy” rating in a report on Sunday, September 6th. Weiss Ratings raised Stanley Black & Decker from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $93.00 price objective on shares of Stanley Black & Decker in a research note on Wednesday, July 29th. Three analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Stanley Black & Decker presently has an average rating of “Hold” and a consensus price target of $92.88.

About Stanley Black & Decker

Stanley Black & Decker, Inc is a global manufacturer of tools, outdoor products and related storage solutions. The company serves professional contractors, industrial users and consumers with power tools, hand tools, accessories, tool storage systems and outdoor equipment.

Its portfolio includes well-known brands such as DEWALT, CRAFTSMAN, STANLEY and BLACK+DECKER. Products are sold through retailers, distributors and direct commercial channels, supporting construction, manufacturing, maintenance, do-it-yourself and outdoor applications.

The company was formed in 2010 through the merger of The Stanley Works and The Black & Decker Corporation, combining businesses with roots dating to the 19th century.