Wilsey Asset Management Inc. Has $37.91 Million Position in Stanley Black & Decker, Inc. $SWK

Wilsey Asset Management Inc. increased its stake in Stanley Black & Decker, Inc. (NYSE:SWKFree Report) by 2.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 533,523 shares of the industrial products company’s stock after purchasing an additional 10,251 shares during the period. Stanley Black & Decker makes up 5.9% of Wilsey Asset Management Inc.’s holdings, making the stock its 7th biggest holding. Wilsey Asset Management Inc. owned 0.34% of Stanley Black & Decker worth $37,912,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. GoalVest Advisory LLC bought a new stake in shares of Stanley Black & Decker during the 4th quarter worth approximately $26,000. Chapman Financial Group LLC acquired a new position in Stanley Black & Decker during the second quarter valued at approximately $26,000. CYBER HORNET ETFs LLC bought a new stake in Stanley Black & Decker during the second quarter worth $28,000. Motiv8 Investments LLC acquired a new stake in shares of Stanley Black & Decker in the 4th quarter valued at $31,000. Finally, MUFG Securities EMEA plc bought a new position in shares of Stanley Black & Decker in the 2nd quarter valued at $31,000. 87.77% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently weighed in on SWK shares. JPMorgan Chase & Co. upped their price objective 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. Wall Street Zen upgraded Stanley Black & Decker from a “hold” rating to a “buy” rating in a research report on Saturday, June 20th. Robert W. Baird set a $84.00 target price on shares of Stanley Black & Decker in a report on Thursday, April 30th. Morgan Stanley reduced their price target on shares of 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, Barclays lowered their price objective on shares of Stanley Black & Decker from $100.00 to $95.00 and set an “overweight” rating for the company in a research report on Wednesday, April 1st. Four equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Stanley Black & Decker has an average rating of “Hold” and an average target price of $88.44.

Check Out Our Latest Report on Stanley Black & Decker

Stanley Black & Decker Price Performance

Shares of SWK opened at $91.87 on Monday. The company has a quick ratio of 0.43, a current ratio of 1.14 and a debt-to-equity ratio of 0.52. The stock has a market cap of $14.28 billion, a PE ratio of 37.65, a PEG ratio of 1.28 and a beta of 1.16. Stanley Black & Decker, Inc. has a 12-month low of $61.90 and a 12-month high of $95.16. The business has a 50-day simple moving average of $81.45 and a two-hundred day simple moving average of $79.23.

Stanley Black & Decker (NYSE:SWKGet Free Report) last released its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.19. The company had revenue of $3.85 billion for the quarter, compared to analysts’ expectations 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 quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.75 earnings per share. Stanley Black & Decker has set its FY 2026 guidance at 4.900-5.700 EPS. Analysts anticipate that Stanley Black & Decker, Inc. will post 5.36 earnings per share for the current fiscal year.

Stanley Black & Decker Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Monday, June 8th were paid a dividend of $0.83 per share. The ex-dividend date of this dividend was Monday, June 8th. This represents a $3.32 annualized dividend and a dividend yield of 3.6%. Stanley Black & Decker’s dividend payout ratio (DPR) is presently 136.07%.

Stanley Black & Decker Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Stanley Black & Decker (NYSE:SWK)

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